Buying Gold Coins: What You Should Know About Gold Prices

gold us dollar

The price of gold increased by 6% during the third quarter of 2010, as reported by US Mint. This surge stemmed from the increased demand of bullion gold and gold coin of 5% in September. The US dollar’s decline also boosted gold investment. Hedge funds also played a part in boosting the gold coins’ prices. It was suggested that the US Mint had trouble keeping up with the production of gold coins and bullion gold due to the increasing gold demand. The 24-karat American Gold Buffalo and the Canadian Gold Maple Leaf coins were the market’s favorite for the third quarter. Understanding … [Read more...]

Options on Gold Coins

gold options

Basically, gold coins come in 2 forms: gold bullion and rare gold coins. Gold bullion is coins that investors use strictly for asset preservation purposes while rare gold pieces are numismatic which are of interest to people that want to preserve their assets as well as grow them over time. Gold Bullion Pieces Gold bullion pieces are highly popular and there is a high demand for them as they offer security, safety, convenience, liquidity and possible profit to their investors or owners. The gold bullion coin value is correlated to the gold price. The world’s first gold bullion … [Read more...]

Buy American Eagle Gold

american gold eagle coin

The American Gold Eagle has various benefits and features making it very popular not just within the U.S but around the world. The fact that it comes in different sizes and weights makes it affordable for everyone who is interested in buying and owning gold. The main features of the bullion coin include a front side beautiful design of the double eagle that was famed in 1907. This design was taken from Augustus Saint-Gaudens, the sculptor. The design portrays Lady Liberty walking towards the viewer with beams and rays of sun all around her from the back side. The back side of the coin has … [Read more...]

Gold Bullion and Credit Cards

gold bullion

Gold and credit cards have the same purpose and powers and can be considered very different from other forms of money. They both symbolize wealth status of individuals but can be very risky, especially with lack of discipline and responsibility. Apart from destroying wealth, credit cards have reduced a number of Americans into paupers because of misuse. The excessive credit limits coming with the cards can be very tempting, hence leading to misuse of the funds even in ways that are not necessary. Americans and debts The one thing that credit cards have done is thrown Americans and the … [Read more...]

Numismatic Gold Coins or Bullion Gold Coins?

st gaudens goldc oin

After the monetary stimulus plan was announced by the Federal Reserve to boost the economy, the US bullion prices jumped to a new high at above $1,380 per ounce on November 4, 2010. During this time, investors have turned more towards gold bullion rather than numismatic gold coins. This is true despite the fact that numismatic gold coins have a rare value have sold at exceedingly high prices during auctions. Numismatic Gold Coins Numismatic gold coins are a collector’s joy because these are rare coins, often holding much historical significance that can enrich any coin collection. They … [Read more...]