Friday, February 20, 2009

Best Coin to Buy in 2009


In my humble opinion, I think, by far, the best coin to buy this year is the Double Eagle. This golden beauty was selling for anywhere between $1,300 to $3,500 in 2008 and will likely climb to anywhere between $3,500 to $12,000 in 2009 for those in MintState 61 to Mintstate 64. An MS-65 1908-D Double Eagle is now selling for about $12,000.
Simply put, you should have your coin graded. Because if you submit your MS-64 coin for grading and it gets bumped to an MS-65 you gained about $10,000, well worth the effort!
Check out http://www.coincollectinguniversity.com for great coin deals!

Wednesday, February 18, 2009

Things to Look for When Buying Gold Coins


People have always been fascinated by rare and unique coins. There are many coin collectors who are even willing to travel great distances to find coins, particularly rare gold coins. Millions of gold coins were put into circulation in the United States of America between the late 1800s to the early 1900s. There are also many other instances in history when gold coins were put into circulation in different parts of the world. However, only a few of these coins exist today and it is this rarity which makes them hot commodities among coin collectors.



If you intend buying rare gold coins, then you must make it a point to do thorough research. The internet is a good place to find detailed information on rare coins. You should first and foremost find a reputable, honest and experienced coin dealer. One good way to verify the credential of dealers would be to check for their affiliation to certain trade associations. One good example for such an organization is the Professional Numismatic Guild or the PNG. Find out whether the dealer that you intend to choose regularly participates in auctions and other coin collection events. Any dealer who does so will have better knowledge about the prevailing market conditions and would be therefore in a position to offer you accurate advice. A good dealer will also be more than willing to clarify your doubts too.

Rare gold coins are also graded by different organizations such as the Numismatic Guaranty Corporation and the Professional Coin Grading Service. It is always recommended that you buy coins that are graded by these professional organizations. Their grading services are universally accepted and therefore the best indicators for authenticity of gold coins.



Check out DanCoinedIt on Ebay for great coin deals!

Things to Look for When Buying Gold Coins

People have always been fascinated by rare and unique coins. There are many coin collectors who are even willing to travel great distances to find coins, particularly rare gold coins. Millions of gold coins were put into circulation in the United States of America between the late 1800s to the early 1900s. There are also many other instances in history when gold coins were put into circulation in different parts of the world. However, only a few of these coins exist today and it is this rarity which makes them hot commodities among coin collectors.

If you intend buying rare gold coins, then you must make it a point to do thorough research. The internet is a good place to find detailed information on rare coins. You should first and foremost find a reputable, honest and experienced coin dealer. One good way to verify the credential of dealers would be to check for their affiliation to certain trade associations. One good example for such an organization is the Professional Numismatic Guild or the PNG. Find out whether the dealer that you intend to choose regularly participates in auctions and other coin collection events. Any dealer who does so will have better knowledge about the prevailing market conditions and would be therefore in a position to offer you accurate advice. A good dealer will also be more than willing to clarify your doubts too.

Rare gold coins are also graded by different organizations such as the Numismatic Guaranty Corporation and the Professional Coin Grading Service. It is always recommended that you buy coins that are graded by these professional organizations. Their grading services are universally accepted and therefore the best indicators for authenticity of gold coins.

Check out DanCoinedIt on Ebay for great coin deals!

Tuesday, February 17, 2009

How Coin Dealers Survive


Dealers are people, too. You see, coins are a very vital mode of money transaction, since centuries our ancestors our forefathers grandfathers and even our children tomorrow will use coins for their daily circulation. Today banks have evolved the use of bank notes ,still for smaller denominations coins are used and will be used forever as a means of currency.

Coin collectors are those people who have a passion for coins ,coin collection may be for hobby as well as professional purposes. People who collect coins only as a hobby are known as coin collectors.

Coin Dealers are those coin collectors who collect coins for the purpose of trade, coin dealers are traders and dealers of coins who buy and sell coin for profitable purpose.
They buy and sell coins, on profit basis.

Coin dealers are different from coin collectors. Coin collection has been known as the hobby of the rich and famous .Coin collection is a very expensive hobby and further this small time hobby can further generate to become a full time profession.

A coin dealers work is very competitive activity, it's a full time profession where one has to be well skilled and experienced in identifying coins and grading them.

A common reason for dealing in coins is larger gains in shorter times. Coin dealers are quiet like investors as well as collectors, in a way they too collect coins. The only difference is they are not one specimen or hobby collectors or investors who would buy only valuable coins for investment. Coin Dealers would buy every coin they can lay their hands on, the only aspect they look out for is a good deal.

Coin prices depends a lot o the demand of a particular specimen ,in this aspect coin dealers are the one who create the demand for particular specimens. For example the demand for 18th and 19th century coins is always high and a coin dealers would easily be ably to make a profit on these specimens of coins.

Coin dealers are always on a look out for ancient rare coins ,in this case they can anticipate higher profits, coins from medieval times like the Roman , Greek Indian Parthian Ostrogothic coins are quiet popular with coin dealers. The most poplar of the lot are the Israelite coins these coins have originated from Israel and are very quiet popular with coin dealers. The most poplar of the lot are the Israelite coins these coins have originated from Israel and are very profitable for a coin dealer.

Coins are often a reflection of their times, as well as historical events that took place during that time, such historically significant coins fetch a very high price and are very popular among coin dealers.

While coin collecting is a hobby coin dealers are a full time profession, and any person entering this field professionally have to be well experienced and skilled. Grading is a very import and S factor while dealing with coins and a coin dealer has to be well versed in grading of coins too.














Monday, February 16, 2009

Invest In Gold Now!

To start a coins collection, your best be is to get some education on coins. You can check out http://www.coincollectinguniversity.com/ for some instructional videos about coins collecting.

Or check out:

Buying gold coins is one of the best and safest ways to invest in gold. Gold coins are usually more expensive; when it comes to the content of gold compared to bars. This is because gold coins are more expensive to manufacture. One benefit of gold coins over gold bars is gold coins tend to build more numismatic value over time. The reason for this is most gold coins are struck with a date on it. The older the coin usually the more numismatic value it will build, once it is kept in good condition.
Another benefit of buying gold coins is its ability to preserve your wealth from inflation or any other economic downturn a nation might face. Gold coins and gold bars have intrinsic value. This means unlike a stock in a company it will not become worthless over night because of human action. Gold coins are known to preserve wealth even when the organization that struck it ceases to exist. Some examples of this are the Roman Empire and the Byzantine Empire (Eastern Roman Empire). Gold coins do not rust or tarnish, so once it is not damage or scratched it will retain and usually build more value over time.
One last benefit of buying gold coins is its ease to liquidate. Gold coins are one of the easiest assets to sell. Most investors that invest in gold are likely to buy coins because of its ability to accumulate numismatic value over time. Another reason why gold coins are easy to liquidate is gold coins and gold bars usually have a uniform weight and purity stated on it. If an investor is not familiar with a coin, they can look at it and know how much gold and what purity they are buying. Investing in gold coins has its benefits; some of the benefits are hard to find in other investments. This is what makes gold coins one of the best investments out there.
A good web site where you can see more information on topics like this is Buying Gold Coins which is highly recommended, You can also see the video for Buying Gold Coins. Thank you and enjoy.

Why to Invest in Gold Coins

In today's world of global uncertainty, one thing remains certain: gold coins. Gold bullion coins continue to outperform traditional vehicles the same way gold coins and bars outperformed everything under the sun during the 1970's. By holding gold coins in one's portfolio, you dramatically reduce the overall risk of your portfolio. Just by having some gold coins as part of your strategy, you also allow the price of gold, as it increases, to bring up the value of your portfolio.It is much easier to buy gold today than it was 30 years ago. Gold bullion coins are easily bought and sold with the click of a mouse. Not only is it easier to buy gold, but gold
href="http://www.articlesbase.com/investing-articles/buy-gold-coins-as-bullion-gold-coins-gain-favor-132406.html#" target="_new">investments
are exploding onto the investment scene like never before. In fact, gold coin sales by the U.S. mint in recent months have outpaced the gold coin sales of the prosperous-for-gold 1970's. Despite this recent fact, the gold price is just beginning its increase.As gold coins become more scarce, quite naturally, investors covet the yellow shiny metal at an ever increasing rate. The type of gold coins sought after by investors who follow the price of gold are American Gold Eagles, Canadian Gold Maple Leafs, South African Gold Kruggerands, Australian Gold Kangaroos, Chinese Gold Pandas, and Austrian Gold Philharmonics. These are the most popular gold coins available to investors who want profit potential and protection. The benefit to owning these gold bullion coins is four-fold.1. You get immediate liquidity. This means you can sell your gold bullion coins at or near the gold price at any time, anywhere in the world.2. You are in control. A strong gold investment is an investment in certainty. Knowing you have gold coins in your possession that you can rely on makes a world of difference to one's sense of financial well-being.3. There is tremendous profit potential with gold bullion coins, more so than just about every other vehicle out there. It matters not whether you hold American Eagles, Canadian Maple Leafs, South African Kruugerands, or any other type of these gold bullion coins, they will provide a well positioned investment portfolio an increased probability of profitability.4. Last but not least, gold bullion coins provide economic safety and stability in a world increasingly plagued with uncertainty and dangers. Those are some of the "pros" of owning gold bullion coins. There is more that a first-time purchaser of gold coins should be aware of; the "other side of the coin," so to speak. If you own American Eagles, Canadian maple leafs, South African Kruugerands, Austrian Philharmonics, Chinese Pandas, or Australian Kangaroos, they are subject to confiscation by the federal government. In 1933 Franklin Roosevelt issued an executive order which required U.S. citizens to turn in all gold bullion coins produced by the U.S. mint, as well as any gold coins and bars produced by foreign governments. Our country, in that period was in the peak of a crisis: the dollar was in trouble, smart investors were getting out of stocks and bonds, and unemployment was on the rise. This period was the great depression. The consequence of not turning in your gold bullion coins or gold bullion bars was a huge fine and jail. If you buy gold bullion coins today, like the American Eagle, the U.S. mint prints a $50 denomination on the back of the coin. Why? Because if the government were to confiscate gold bullion coins like they did in the 1930's, you would only receive the $50 denomination value, despite the current price of gold in the market, whether that price be $500, $1000, or even $2000. The chance of such Federal government confiscation is universally deemed as unlikely.Also gold bullion transactions are reportable to the IRS. We will also cover in detail the type of gold transactions that are not reportable, private gold, momentarily. Also important to recognize is that as the price of gold fluctuates, so does the value of gold bullion coins.Nevertheless, despite these contingencies, asset managers all over the country are recommending allocating at least some portion of an investment portfolio to gold. Prices are on the rise, in what analysts have termed a long-running bull market which is just in its beginning stages PRIVATE AND NON-CONFISCATEABLE GOLD COINS Investors naturally gravitate to gold investment vehicles where they can expect the greatest return with the smallest amount of risk. In the physical gold market certified gold coins reign supreme. Certified gold coins are the gold coins minted by the US Mint befor the year 1933. $20 Saint Gaudens, $20 Liberty, $10 Indian, $10 Liberty, $5 Indian, $5 Liberty and $2.5 Liberty gold coins are all examples of the most profitable gold coins an investor can acquire for several reasons. 1. Certified gold coins have a limited mintage. The government can not go back and mint any more of these gold coins. You want to own gold coins that continue to go up because of this fact year after year regardless of what the gold price does. Because of their limited availability these gold coins can surpass the gains seen by gold bullion 2 to 5 times.2. Certified gold coins are also one of the last legally private assets the government allows you to acquire. World Financial and goldcoinsgain.com are not required to ask for a social security number when you buy gold coins or when you sell gold coins.3. Non-confiscatable. Certified gold coins are exempt from confiscation. Certified gold coins are exempt from confiscation if the government decided to confiscate gold like they did in between 1933 and the early 1970s. You were in a world of hurt during those almost 40 years of you were holding the wrong kind of gold coins. So you can rest assured your certified gold will do what its supposed to do under the most strenuous conditions — protect your money.4. Immediate liquidity. World Financial is a major market maker in certified gold coins and will assist in converting your gold coins back into cash on a moments notice. In addition to the advantages listed above, certified gold coins are also more stable than bullion gold coins. The value of a certified coin is not solely determined by what the spot price of gold does. In fact, certified gold provides more stability than the stock market, bond market, or just leaving your money in cash. So if you are tired of having to worry about the current economic environment you may want to consider diversifying out of riskier vehicles into an asset that has stood the test of time. Portability is also something you should keep in mind when selecting which type of gold coins are right for you. To put things in perspective, you could carry one million dollars worth of certified gold coins in an attaché case. This should give you a sense of comfort knowing that you have acquired an asset that is completely portable and discreetly portable. IRA AND 401's BACKED BY GOLD COINS Gold Coins backing your IRA or 401k rollover makes the perfect diversification asset in today's uncertain economic environment. Gold coins can be added to your retirement strategy in just a few easy steps.Step 1. Determine what portion of your retirement account you would like to convert over into gold coins.Step 2. Print out the one page Gold Coin IRA Setup Form and fill out to the best of your ability. Fax the form into our retirement account department at (818) 506-6597.Step 3. A Gold Coin Customer Service representative will contact you in a very short amount of time to confirm and guarantee the availability of your gold coins. We then work with your existing custodian to get the appropriate funds transferred over into your new self-directed IRA, backed by physical gold coins.American eagle bullion gold coins are one of the most popular gold coins allowed by the IRS for your precious metal IRA. American eagle bullion gold coins come in 1 ounce, 1/2 ounce, 1/4 ounce, and 1/10 ounce denominations. These gold bullion coins are guaranteed by the US Mint for purity, weight and size. The Gold American Eagle bears the "W" mint mark reflecting the gold coin was struck at the US Mint at West Point. The obverse of the American eagle bullion gold coin features Augustus Saint-Gaudens' full-length figure of Liberty with flowing hair, holding a torch in her hand and an olive branch in her other hand. On the other side of the gold coin a male eagle carries an olive branch as he flies above a nest containing a female eagle and her eaglets. Each gold coin is encapsulated in plastic and comes with a custom designated Certificate of Authenticity.American Eagle Proof gold coins are also available. The proof gold coins are more desired because each year they are produced by the US Mint in a limited quantity. Each proof gold coin is struck several times with a special die to create a more lustrous finish. Because of the limited quantity, investors will typically prefer these gold coins for their retirement accounts. Weather we are talking about gold coins or widgets whenever there is a limited amount naturally prices increase faster and become more valuable. The American Eagle Proof gold coins are also exempt from confiscation. A lot of investors like knowing they have the type of gold coins backing their retirement account that are not subject to confiscation by the Federal government.

Check out http://www.coincollectinguniversity.com for great deals on gold coins.


10 Reasons To Invest in Gold Coins


Top 10 Reasons to Invest in Gold Coins


In today's turbulent economy, one thing is for certain, gold coins are a good investment. Since the days of the ancients, gold has been used to bolster economies, and now you can do the same for your coin portfolio. By having gold coins as part of your portfolio, you are assured the overall value of your collection will increase as the price of gold increases. Precious metal coins can be purchased with ease these days, as they are available on the internet. Gone are the days where you would have to find a reputable coin shop.
Simply by going on eBay you can find a vast number of gold coins. Some of the more popular gold coins are American gold quarter eagle, eagles, and double eagles. Of course, the most popular of those is the St. Gauden's Double Eagle, which depending on the dates, can fetch up anywhere between, $1000-$20000. A St. Gaudens Double Eagle from 1933 sold for a record $7.5 million dollars in 2002, the highest price ever paid for a coin.
Here is a list of the top 10 reasons to invest in gold coins:
1. Coins is Liquid, remember, bullion is Liquid. You can sell you precious metal coins pretty much at any time and anywhere and get cash.
2. You a virtually assured a profit. As an investment, gold continues to increase in value. In January, 2004 your were paying about $400 per ounce, in 2008 your were paying about $900 per ounce, simply a great investment. Furthermore, coins can become scarce, especially older coins from the 18th and 19th centuries.
3. You feel safe having bullion coins in your portfolio, somehow you can take comfort that when the economy is tough, you have a sure investment.
4. Certified gold coins, have limited mintages, governments tend to only release small quantities of such coins at one time.
5. Coins are portable, it is quite easy to carry a case of gold coins around if need be. Also, should you sell the coin you can always ship them quite easily and at fairly low price.
6. Gold coins are simply stunning to look at. The greatest design is considered that of Augustus St. Gaudens who was commissioned by the American Mint to design the famous Double Eagle Coin from 1905-1907. In my opinion all the American coins are stunning, look for Indian Heads, Quarter Eagles, Eagles, and Double Eagles, always a great investment.
7. Certified bullion cannot be confiscated. Should the government cannot take away your bullion by law.
8. Gold is also a legal asset to own. Bullion coins are one of the last legal assets you can own.
9. Bullion coins are easy to find and easy to purchase, you can find them anywhere from ebay.Com to Coincollectinguniversity.com
10. Gold coins are fun to collect, so collect them first and foremost for the enjoyment.


Daniel Rabinovici has been a collector of coins for over 10 years. He buys, sells and educates about coins through his website http://coincollectinguniversity.com. You can reach him through his website, or simply e-mailing him at coindoc@gmail.com He welcomes questions about coins, and will assist in finding coins for investors