FAP Turbo

Make Over 90% Winning Trades Now!

Saturday, May 23, 2009

How to Buy Antique Gold Coins

By William Condiss

Antique gold coins could be a great buy and a necessary asset to your portfolio in today's market. If you don't have a basic knowledge in the basics of buying antique gold coins you might end up paying too much.

If you live in a large metropolitan area you should go around to gold coin dealers, asking each one the same questions and examine the same coins getting their opinion on each set of gold coins as an investment.

Living in more rural or smaller cities you may need to investigate antique gold coins on the internet. There is so much disinformation on the web, be sure you research several sources and look for collaborating facts elsewhere on the web. Don't forget to check out your local coin clubs. Some of the best experts may be living right next door. If your hobby is gold coins you probably know at least as much as any dealer and can be a great reference in deciding on the right gold coins at the right price.

The web is good for comparison shopping. You can compare the same coin at different dealers and at auction sites. There may be auctions held in your city you should go to. Don't buy unless you know what you're doing. But the auction companies and even other bidders can help in your education in gold coins. When you're finally confident making that first gold coin buy, choose a dealer that has been in business for a long time, easy to contact and is helpful in answering questions and not always trying to sell you something. Finding a reputable dealer in your home town will save on shipping and insurance costs. Plus you can pick up your coins and go straight to your safe deposit box.

Gold is gold right? Not when it comes to coins. There are several varieties of gold coins and gold antique coins that are available. Some of the questions you may need to answer for yourself is, foreign or domestic. What size or denomination of coins you may be looking for. Be sure about what size and weight you want your coins to be. There are several sizes of foreign and domestic coins.

You should decide if you're looking for antique gold coins as a collector or as an investor. If you're only looking to diversify your portfolio as an investment and don't want to become an antique gold coin expert, you need to find someone you can trust. A friend or acquaintance that doesn't have an interest in selling you something and earning a commission.

If you are looking at antique gold coins as an investment, you should expect to pay more than the spot price of the current gold market. Thats because there are a limited number of gold coins on the market. The government cant go back and create another 1833 Double Eagle gold coin. That may be why the items you are looking for may be sold at a premium depending on how many of those particular antique coins are left on the market. You're not only competing with other investors, but also collectors that are looking to add to their collections. - 23210

About the Author:

1 Comments:

At May 5, 2015 at 11:23 AM , Blogger nancy john said...

The Forex trading sign can be a advice intended for entering any buy and sell using a currency exchange pair, generally in a distinct value in addition to occasion.

futures stocks Trading

 

Post a Comment

Subscribe to Post Comments [Atom]

<< Home