|
Gold Coins
For ages, gold has been held in high esteem as a reliable store of value
and as a universal monetary material throughout the civilizations.
No other substance embodies the unique characteristics of gold. Its luster and beauty are unsurpassed. It combines easy
workability, excellent conductivity and virtual indestructibility. The five largest producers of gold are South Africa,
the former Soviet Union, the United States, Australia and Canada. Gold's value is intrinsic. It is a precious metal that
cannot be destroyed or altered. gold is highly liquid, has few geographic boundaries and can be bought, sold, and stored
in most parts of the free world with privacy. gold is widely thought of as the foundation of the world's monetary system.
On December 31, 1974, Congress restored Americans' right to own private gold in bullion form. This saw a renewed interest in the
ownership of gold and silver coins through to the gold bubble of 1980. After a turbulent decade or two, gold, silver and other
precious metals are once again making a comeback. Down to rock bottom levels just a couple of years ago, gold and silver investments are
once again growing in popularity as bargain hunters look to diversify their portfolios in the post Internet bubble era. By most
estimations, this is probably one of the best times to look at precious metals as an investment and coinnage is one of the
more convinient and safe methods of doing so.
Today, American gold Eagles are one of the best selling gold bullion coins in the United
States. Canadian Maple Leafs, South African Krugerrands,
British Sovereigns remain popular for bullion lovers. But those looking for a historical touch to
go along with their love for gold are finding older, rare investment grade coins. Whether they be US
$20 Double Eagles, French 20/40/50 Francs, Russian 5/7.5/10 Rubles,
or Polish Zloty - these rare coins satisfy the collector found in most
of us and also form an excellent investment. They combine the safety of the underlying gold with the rarity of the coins to
provide investors and collectors with an excellent proposition.
Also available are commemorative gold coins. These coins are usually minted around the world in limited quantities for
special occasions. One example is the Chinese lunar theme being implemented by many mints to create limited edition
coins every year. Olympic coins, restrikes of old classics and historical coins are favorites amongst collectors who
seek an aspect of rarity and beauty in their gold coins.
Not to be outdone are silver coins. Silver has long been used as a form of money - being cheaper and more abundant than gold,
it has been mined and minted into coinnage by the tonnes! US Silver Eagles,
Canadian Silver Maple Leafs, Chinese Pandas, Mexican Libertards, and
Australian Silver Kookaburas form some of the readily available silver coins for investors and collectors.
The ABCs of Gold
Investing by Michael J. Kosares, John Ritland, Rod Colvin.
Now for the first time under one cover, novice investors will find thorough guidelines for making good decisions
about private gold ownership. In The ABCs Of Gold Investing, gold investment expert Michael J. Kosares (with 25
years experience in the field) emphasizes the asset preservation qualities of gold at a time when investor
uncertainty about the economy has led many to seek asset diversification. Cover many tipcs fom understanding gold's role in combatting inflation and deflation to how to select a gold
firm. Kosares also examines reasons why gold has become an essential in many American portfolio and why that
trend is likely to continue, The ABCs Of Gold Investing is further enhanced for the novice investor with photos,
illustrations, index, bibliography, and an appendix.
Gold Coin Shop.com Copyright© 2002-05. All rights
reserved.
|