Daily Rare Coin Update
June 23, 2009 – In the past eight years, the overall popularity of the gold market has attracted many more investors to diversify into investment-grade certified rare coins, especially $20 rare gold coins such as the $20 Saint Gaudens and $20 Lady Liberty that have been considered some of the most popular numismatics investments available. $20 rare gold coins are a very popular choice for investors because they are very similar to 1-ounce bullion coins like the American Eagles and Canadian Maple Leafs, except that their numismatic value makes them significantly rarer and more expensive. The two leading third-party companies that assign this numismatic value are the Professional Coin Grading Service and the Numismatic Guaranty Corporation. Many investors pay the higher premium that these $20 rare gold coins demand because they have proven higher long-term preservation and profit ratios when compared to modern day bullion coins. Rare coin diversifications aren’t for everybody, and it is only recommended that investors purchase them if they seek long-term wealth preservation instead of short-term profit potential. If you seek long-term preservation, then you may want to learn more about coins like the $20 Saint Gaudens and $20 Lady Liberty because they could give you the safety that you are looking for.
By around 4:20 PM Eastern Standard Time, several investment-grade $20 rare gold coins are increasing in value along with the gold spot price that has climbed to $935.20 per ounce, up $2.90 for the trading day while the silver spot price has fallen to $14.17 per ounce, down two cents for the trading day.
Shawn Penny
Senior Staff Writer - Rare-Coin.org
