What are the benefits when you buy gold eagle coins over other gold products, precious metals or other currency? Gold is long-lasting, more stable and many gold coins are very rare. It will not be devalued as paper money will or suffer from the fluctuations of inflation. In fact, gold investment products thrive during periods of inflation. In addition to other advantages, gold coins are popular among the investors because they are easy to transfer and they also have a higher weight-to-value ratio due to their rarity value. Most people feel secure owning a physical, tangible investment with various types of gold ownership in today's economic environment as opposed to gold stocks on paper, or other paper assets in which their value is depicted by our Dollar, for example.
Before an individual decides to buy gold eagle coins, for example, it is important to note some basics. For instance, when people think of buying gold, they think of bullion. Gold bullion comes in the form of gold bars and various types of gold coins, such as the very popular gold eagle coins. There is a huge difference between certified coins and bullion coins, such as the gold eagle coins. Anyone looking to invest in gold needs to be educated on the advantages and disadvantages when you buy gold eagle coins.
Generally, certified means that those certified gold coins were minted before 1933, at least in the U.S., whereas bullion gold coins were minted thereafter. Bullion coins such as the gold eagle coins, although they are very popular in the U.S., they are still considered bullion coins, and their value is only determined by their weight. We are using gold eagle coins here as an example, so that you can relate, as they are so widely known to the consumer. However, certified coins such as a Liberty or Saint Gaudens are more scarce than bullion coins and as an investment vehicle, will achieve a higher value or profit when it comes time to liquidate in your overall investment.
Gold eagle coins and many other types of gold coins can be collected from countries all over the world. The values of different countries' gold coins such as the Canadian Maple Leaf or the Chinese Panda, just to name a few, will differ in rarity as well as the weight of the coin (as gold has a higher density than other precious metals). Most foreign gold coins are a bullion product and are valued based on their weight alone and not on their rarity value, as the gold eagle coins in America, whereas certified gold coins in America not only are valued by their weight, but also their rarity or collectible value, which gives the investor an edge.
In addition, coins are graded and certified based on the visual wear of each coin. For example, any certified coin may have a grade from 0 to 70. Uncirculated coins have what they refer to as a "mint state" of 60 to 70, which means there is no wear on the coin from circulation, i.e. evidencing that they were uncirculated during the grading process in order to certify them. Once these coins are graded and they become certified, they are encapsulated with a bar code in order to prevent future wear, as well as to depict the exact status of that coin. Gold eagle coins will never be graded or certified, at least for the next 100 years.
When looking at coins to invest in, mint state 40 to 60 is "good," meaning that the details of the coin are still visible even with wear from circulation. "Fine", "Very Fine" and "Extremely Fine" are mint states from 12 to 45. Details will be "in tact" and the value is determined by the sharpness and luster of these coins. Our recommendations are not to invest in coins that are below mint state 62, for example, in order to maintain a high quality in your future growth, and profit when it comes time to liquidate.
In coin grading, there are various rarity scales that will dictate the value of coin from a rarity standpoint. Before one decides to purchase gold coins, he/she must determine what they are looking to accomplish with their investment. For this reason, if one were to inadvertently purchase gold eagle coins, and they wanted privacy but didn't realize that these types of bullion coins are not held privately in the eyes of the government, then you would be left at a disadvantage. If you are looking for growth, then you will experience little growth with gold eagle coins as compared to certified coins. Certified coins, again, will provide privacy, as the government does not need to know that you have them and, therefore, they are a privately held asset, as well as growth, as the ultimate growth is through not just the weight of the coin, but also its rarity value.
In other words, as with the gold eagle coins, as we are using as an example herein, these gold eagle coins would increase in value as the price of gold increases, but when you liquidate, you'll have to complete a 1099 and report that profit to the government. This as opposed to certified or graded coins, that are ultimately private, and also maintain a rarity value that will increase your profit by seven to ten times growth over and above the basic increase in the price of gold.
Your coin dealer must be an expert in gold quality, familiar the with fluctuations in the gold market, and an expert in historical pricing and growth in order to provide you with the best investment advice. We wouldn't recommend the pawn or coin shop on the corner as all they want is to sell you what they currently have in stock. Gold coins are a solid investment that needs to be taken seriously, and with all things considered for beginning collectors and experienced investors alike, certified coins are a great way to diversify an investor's portfolio on any level. While gold ownership is always a good idea, knowing which coins will outperform all other gold investment products will give you the advantage that you will need to know in order to see the end from the beginning. Don't just go to Ebay and buy gold eagle coins and think you're protected. Do your research and find out how gold ownership can truly protect you, and your overall investment portfolio.
Request a copy of our PDF Report entitled "How to Save 80% on Investment Spreads of Gold & Silver Coins" because you need to know how to get the highest quality coins at the lowest prices. This report is advantageous for collectors and investors alike, including more detailed "warnings" on what to watch out for, and even more importantly, "recommendations" of which gold and silver coins to look for that are doing very well today's economic uncertainty. With that in mind, you can conduct your search for these top-rated coins that will out-perform any other coins on the market, compare prices, and then get back to us when it's time for purchasing gold coins so we can provide you with the lowest prices in the industry.
