Which coin should you stock your collection with – gold bullion coins or Silver Dollars?

If you're starting up a coin collection simply as an investment – rather than a hobby – you obviously need to focus on getting pieces that have the highest coin value. If you've started doing your homework, you've probably heard all about gold bullion coins and Silver Dollars. So, which ones are better?

Which ones should you focus on? It depends. Even though they don't come in flashy gold, Silver Dollars are like the "little black dress" of the coin world; they will never go out of style. No matter what kind of Silver Dollar collection you have, you will always have interested buyers. That's because Silver Dollars aren't just made out of precious metal; they also have historic value.Silver Dollars were first created back in the late 1700's – making the originals more like a colonial artifact than a mere coin.

A history buff may be willing to pay quite a bit for an old Silver Dollar, especially if it's in very good condition. While gold bullion coins have their place in history, too, they are not quite the artifact that Silver Dollars are. Gold bullion coins were originally minted by various countries back in the 1800's, so if you're lucky, you can find some with historic value.

And, coins minted in different years come with different designs, so collectors may be on the lookout for a particular design. If you can give it to them, your coin value can skyrocket. However, the coin value of gold bullion is ultimately determined by its weight, content, and purity. The higher-quality gold you're dealing with, the more money you can expect to fetch for them. But how do you know if you're dealing with quality gold?

Since gold bullion coins are manufactured by countries all over the world, you get to stand behind their guarantee. Whether you buy gold bullion coins that were minted in the U.S., Australia, China, or someplace else, you've got the promise of the government that you're dealing with quality gold. It's a promise that can fetch you some extra money when it comes time to sell your collection.

One thing to remember, though – silver is more affordable than gold. So, if you're looking for coins that will appeal to people of all different budgets, silver may be a better choice. Whether you pick gold, silver, or a combination of both, you can always count on coin value to go up whenever the global economy is uncertain. Your coins won't lose their value like your stocks and real estate will!

About the Author

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.

Gold Coin Dealers–2 Things That the Good Ones Will Give You

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.

About the Author

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.