If you are looking to start a gold coin collection, you are making a wise investment.While the value of the dollar can go up and down, gold will never lose its value.In fact, the price of gold keeps climbing, shattering records in the process.
But every gold coin collection is different.If you want to get the most bang for your buck, you have to do your homework and find the very best gold coin dealers.If you do not get your coins from a top-notch dealer, you may wind up with a collection that doesn't even come close to meeting your expectations.
While all coin dealers say that they're the best, there are 2 things that a good coin dealer will have – that the good ones won't.If your coin dealer offers you these 2 things, you can rest easy knowing that you've found a good one:
1.Gold bullion coins
Easier for "average" people to buy, gold bullion coins are a great investment.They are smaller than traditional gold bars, so you do not need to spend a fortune to get your hands on them.Plus, gold bullion coins can be used as money all over the world–and they will retain their value no matter what the global economy does.
In some cases, gold bullion coins can actually be worth more than their gold bar counterparts.When you have a bunch of gold coins, you are automatically more attractive to collectors who have no use for bars and may be willing to pay more than what your coins are worth just to get them.Plus, gold coins can be sold off in portions–unlike a gold bar that has to be sold in its entirety.
2.The Gold American Eagle
Gold coins that are backed by a government are worth more than just average gold coins, and you will be hard-pressed to find a coin that is more valuable than the Gold American Eagle.The Mint created these coins in an effort to keep pace with other countries that had designed their own gold coins.The Gold American Eagle features Lady Liberty carrying an olive branch and a torch.
These coins are more than valuable; they're also very rare.In fact, the Mint only makes them available to the very best coin dealers.
If you're really lucky, you can find quality coin dealers that have access to uncirculated American Eagles or specialized Eagles–like the 20th anniversary Eagles.
Richard A. Manfredi has written about www.goldeneaglecoin.com.Specializes in buying, selling and appraising all U.S. and world currency and coin values, including silver dollars and proof mint sets.
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