Posted by slang on April 5, 2010
See another article on gold coin investment and basics on investing in Platinium or Palladium coins
As gold prices has the potential to go further up, there are some lingering questions which investors or coin collector will ask:
(a) Should we invest in gold coins which have mark up from banks, private and government mints,
(b) Or should we just invest in actual gold bullion like ingots and bars issued by reputable bankers like Credit Suisse, PAMP, Johnson Matthey, Engelhard, SilverTowne,etc
(c) If we were to opt for gold coins should we go to private mints or to government mints to purchase them
The answer to item (a) and (b) lies entirely with you. Why is this so?
You first need to ask yourself whether you are real coin collector who fancy the designs and images on coins and has certain feeling when holding onto such coins and wishing to have such satisfaction of completing sets. If the answer is yes, go ahead and buy gold coin bullions like the beautiful Saint-Gauden gold eagles, Chinese Panda. Please take note buying such gold coins will definitely has premium on them. However, over time, you will see that your gold coin collection price value will go up against inflation, fear of war and many other reasons. Do not forget the motto of this blog, APPRECIATION, PLEASURE AND INVESTMENT.
Of course, by buying directly the gold ingot or bars, you will get cheaper mark-up and appease your minds on any potential doomsday re: earthquake, war and other natural or unnatural disasters. Incidentally, buying directly the gold ingot or bars has the lowest premiums and for gold coins bullion the South African Krugerrand usually has the lowest premium compared to others like Canadian Maple leaf, Chinese panda and government mints.So do think carefully what you want.
Next, should we go to buy from private mints or government mints to buy such gold coin. Historically, gold coins purchased from private mints (Franklin Mint,etc) who issue gold coins collectibles has so far been fetching modest secondary market value. Many such coins are usually value at about 95% of spot price even if they are made from silver or gold.
Posted by slang on October 6, 2009
- USA $20 Liberty Gold Coin
[ see another article on whether to invest in gold coin or not}
If you have not make up your mind on the type of coin collecting you would like to start and still view that the gold price will still go up and up, it might be good to do include some gold coins into your overall investment portfolio ( of course you need to have the financial resources to do so particularly we have so many types of gold coins to select from:-
Chandra Gupta Dynasty Gold coin
- Mystified and rare Ancient Gold Coins whether from India, Roman and Asia ( Acheh,Pasai,etc)
Gold Coin Ancient India Kushan
- Australia 1868 Sovereign gold coin
American Eagle Gold coin
Krugerrand Gold coin
Contemporary gold coins from various countries like Maple Leaf gold coin , Krugerrand gold coin from South Africa, American Eagles gold coin ,Malaysia Kijang gold coin;
And here’s a bit of updates on the current gold price:-
Very recently, the price of gold has struck an all-time high as the green –back dollar fell on a news report that Arab states had launched secret moves with China and Russia to stop using the greenback for oil trading. They would instead switch “to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council (GCC), including Saudi Arabia, Abu Dhabi, Kuwait and Qatar,
Gold hit 1,045.00 dollars per ounce on the New York Mercantile Exchange in late trades.
Further rumors from the press and precious metal analysts said that dollar weakness appeared to be related to reported secret talks about oil being priced in a basket of currencies including gold rather than the dollar. All in all it has added concerns about the future role of the dollar in international financial markets.
Incidentally gold has been viewed as a good investment vehicle mainly attributed to the following reasons:
- Gold is viewed as a safe-haven investment, has won back favor in recent months as the global economy struggles out of its worst slump in decades.The run-up in gold has been largely driven by weakness in the dollar, which makes dollar-priced commodities cheaper for holders of stronger currencies, boosting demand.
- Gold also wins support from fears about higher inflation because the metal is widely regarded by investors as a safe store of value.
Posted by slang on December 27, 2008
This is a tiny gold coin or MAS from Pasai which is quite old:
Click here to check MAS/small circular Gold Coin Acheh
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