The Value of Gold in a Era of Paper Assets, Stocks, Bonds and Mutual Funds…
The facts behind the increasing demand for gold and silver, rare coins, and historic collectibles from the U.S. Mint…
No other substance on Earth embodies the unique characteristics of gold. Its yellow lustre and beauty are unsurpassed. Since the earliest days of man, it has been admired, molded, shaped, and worn as a symbol of wealth and good taste.
The romance and lure of gold is enhanced by its historic use as a storehouse of wealth. Gold’s value is intrinsic. Its value is a measure of the true wealth and the stability of national currencies the world over. Throughout history, every paper currency has become totally worthless over time; yet gold remains.
The precious metal gold cannot be created or destroyed or altered. It forever remains one of the most liquid investments with no geographic boundaries. Gold is bought, sold, traded, and stored in most parts of the free world with complete privacy. Likewise, U.S. gold coins enjoy many of these unique advantages.
In a world where paper currencies come and go, where paper money can be depreciated 25% to 30% overnight, the price of gold cannot be manipulated by any single nation or borrower. On the contrary, gold is the foundation of today’s world monetary system.
Acquiring U.S. gold coins put you in great company through American history. Prior to 1933, all U.S. paper currency was backed dollar for dollar by gold reserves. Today, paper dollars are backed only by a government promise, nothing more.
For investors who value gold, they recognize the safety, privacy and instant liquidity of U.S. gold coins. As official legal tender, each coin has a guaranteed weight and gold content.
Numismatic coins, especially the pre-1933 U.S. gold coins are highly sought after by asture collectors and investors for more than their pure gold content. The Saint-Gaudens, the Liberty series, and the Indian Head U.S. gold coins are admired and collected worldwide for their historical significance, beauty, and rarity.
Unlike gold that is minted by the tons annually, U.S. Gold coins minted prior to 1933 have a fixed and limited supply. No more will be minted ever and the older they get, the more highly prized they become as important pieces of American history.
We hope your visit will encourage you to add more rare and valuable U.S. gold coins to your collection and to learn how to build sets that will appreciate in value and be greatly admired for many generations to come.
By STEVE RENNER
Steve is the ceo of cashgcards-goldlynks
rare/gold coin club
he was the best isp in 1997
check out his about us page at
http://goldlynks.tripod.com he is also a member of 22usd club http://www.egoldcash.22usd.com
this article is free for distribution
Tags: collection, Gold Coins, LIBERTY COINS, rare coinscollection, Gold Coins, LIBERTY COINS, rare coinsShare This
coin @ 28 Apr 2008 01:08 am by admin
No Comments »
What should you collect as a hobby; coins, paper money, or stamps?
Which will be the best investment?
I find it strange that some people who collect coins, paper money, or stamps, always want some kind of return on their investment. These are the same people who think nothing of buying a new car and then selling it a few years later for a fraction of what they paid for it. A new car loses value as soon as you drive it on the road!
As for investing in paper money, if someone is buying notes and thinking how much will they be able to get when they sell them again, this person has the wrong hobby. Enjoy collecting for the pleasure and for the fun of it.
Coins and stamps are tangible reminders of years gone by. Yet, while coin collecting is flourishing as a hobby, stamp collecting is decreasing in popularity. Many families who inherit stamp collections are more interested in getting the collection appraised than continuing the collection. You can’t collect something if you don’t know what it is.
Stamp collecting dates back to 1840, when the first stamp was issued in England. One of the earliest indications of stamp collecting is an advertisement from an English newspaper in which a young woman sought used stamps as a way to wallpaper her room. Soon, post offices discovered stamp collectors as a good source of revenue. From there, stamp collecting began.
There are no rules about stamp collecting. Some people collect stamps from a certain country while others focus on a particular theme, such as flowers, ships or buildings.
Unfortunately, stamp collecting has simply lost its appeal to younger people.
Coin collecting, on the other hand, is at its peak in popularity. Rare or modern coins offer history that collectors can hold in their hand, and every period during the past 2,500 years is reflected in coinage.
Stamps disappear and become part of the ground. A coin can be dug up and, while new varieties of stamps are not really being discovered, new types of coins from all over the world are still being found. How many stamps or bank notes do you think you’ll find while out exploring with a metal detector?
Whilst improperly stored coins can degrade and lessen in value, paper money can be damaged by handling, sunlight, or water. All are subject to flood, fire, or other natural catastrophes.
A stock certificate with half of it burned away is just as good as a mint one in terms of its value on the exchange. In fact, as long as ownership can be proven, it often doesn’t even matter if the physical certificate exists. The same can’t be said for paper money.
You can insure against these problems, and go to great lengths to assure proper storage conditions, but all of this costs money and adds to the cost of the investment, often for many years before there is going to be any return at all.
Today, coin collecting is one of the world’s most popular hobbies. Amateur collectors enjoy coins for their beauty and rarity. Added to this is the excitement of searching for and finding specific coins and the challenge of identifying new ones.
Why is coin collecting thriving and stamp collecting dying? Coins are still being used and are still fascinating. It is an investment as well as a hobby. Coins continue to go up in value while many stamps are at the peak value they will ever receive. Furthermore, many are going down in value.
Enjoy your hobby, and consider whatever you invest in it to be pleasure money, the same way you would count money you spent going to ball games, or dining out, or buying new clothes. Then, whatever you or your family get out of your collection is pure profit, whether it is more or less than what you originally paid.
After all, if you spend $20 a week going to the movies, you don’t expect to get anything back for your $1,000 a year collection of ticket stubs, do you?
I believe there is room in both the collecting of coins and paper money for both collectors and investors.
The important thing to remember in investing in coins or banknotes is rarity and desirability.
Gary Anthony Lacey is the owner of the Coins Online web site at:
http://www.coins.money-maker.co.uk/
where you can learn more about collecting coins.
Tags: coin paper money stamp, collecting, collection, collectorcoin paper money stamp, collecting, collection, collectorShare This
coin @ 28 Mar 2008 01:08 am by admin
No Comments »
Did you have a stamp collection as a child? A rock collection? Or, wait, was it a coin collection? All your collections are probably still with you, or maybe they’re stored in your basement somewhere. You understand the joy of running across this collection later in life and reliving your joyful moments with the collection as a child.
Now, you’re the parent. What types of things do you want to help your child begin collecting? Some of the things to consider when helping your child begin a collection are the feasibility, the durability, and the lovability of the collection.
Feasibility is your first step when considering beginning a collection. Collecting pieces from ancient Egyptian ruins is probably not a very feasible collection to convince your child to begin. Number one it’s illegal, as well as hard to find.
Other collections such as doll or furniture collections can begin to take up more room than you have available; thus, these are not very feasible either. Determine the amount of space you can dedicate to the collection as well as the costs that will be entailed before helping your child choose a collection.
The durability of a collection is also a consideration. The great thing about collecting stamps, rocks, or coins is that these things can last a long time when stored properly. My rock collection is still in the carton that I used to store it as a child.
Figurines and porcelain dolls are other examples of lasting collectibles. One of the greatest joys involved in a collection are the memories brought back when you revisit that collection as an adult.
Finally, the lovability of the collection is important. You are helping your child begin their first collection, and you want it to be something they will love and cherish when they look back on it in the future.
These are the times that you want them to be able to look back and remember about your relationship, so make these times special. For example, if you were to collect postcards, take special postcard collecting road trips. You will get to visit unique places while increasing your child’s collection.
Most importantly, always support your child’s hopes, dreams, and choices. Although collecting some types of artifacts is not very feasible, lead your child in a direction that will also peak their interest and support their dreams. Finally, enjoy your child as you help them create a wonderful collection to last a lifetime!
Janet Montie, quilter and author, contributes to FS Collectibles offering free information and resources for collectors. Articles by Janet can also be viewed at The Quilt Box and First Class Fabric
Tags: coin, coins, collecting, collection, collections, collector, doll, dolls, hobby, parenting, stamp, stampscoin, coins, collecting, collection, collections, collector, doll, dolls, hobby, parenting, stamp, stampsShare This
coin @ 10 Mar 2008 01:13 am by admin
No Comments »