Learn About Rare Gold Coins With Rare-Coin.org
November 10, 2009 – There are a large number of rare gold coins that are available to today’s investors, but not all of these coins are advantageous investments. The vast majority of elite rare gold coins are traded by collectors, not investors, but investment-grade coins are available for those who seek precious metal diversification. American investors generally purchase rare gold coins that meet the following criteria:
• US-minted – By dealing with US coins, you maintain your liquidity even if the US dollar is eliminated. American gold coins are traded in over 120 countries, and they are highly regarded as wise investments.
• Produced prior to the 1933 gold bullion confiscation – Presidential Order 6102 deemed that gold coins “of rare and unusual value” are non-confiscatable by the US government. Modern-day gold coins like the $50 American Eagle would be seized by our government in a national financial emergency.
• Certified as Mint State 61 through Mint State 66 – There are lower grades of these coins on the market, but an old coin with no asthetic appeal is not rare and unusual, it’s a bullion-type item. Mint State coins go all the way to MS70, but you could land in hot water by dealing with anything higher than an MS66 because those coins are extremely expensive and sometimes hard to sell. In the MS61-MS66 scale, prices and potential profits rise with each step up. Regardless of the number, the Mint State designation of a historic American coin classifies that coin as non-confiscatable.
• Commonly known and widely traded dates – Specialty dates and rare mint productions are preferable for some collections who want to complete a set, but investors have found that the common years are the easiest to price-check. There are lots of rare gold coin dealers, so knowing the fair market value of a coin is vital in making a successful investment.
Contact www.Rare-Coin.org today to get your free information kit on rare gold and silver coins. If you already know what you require, our friendly experts can determine if you are eligible for large-volume, institutional discounts.
Shawn Penny
Senior Staff Writer - Rare-Coin.org
