Gold Investment And Investing In Rare Gold Coins

Posted by slang on October 6, 2009

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

• Older Sovereign gold coins re: King George V & VI, Queen Elizabeth(from Great Britain, Australia and others);

American Eagle Gold coin

Krugerrand Gold coin

• Specific Lunar or Zodiac and Commemorative gold coins from various countries like Australia, Malaysia, China and many others. 

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.

Benefits Or Advantages Derived From Rare Coins Market Investment.

Posted by slang on September 16, 2009

Investment can be in many forms: the conventional equity, bonds fixed income, real estate  and others. Nowadays, financial experts also tend to advocate investing in the rare coins markets as another alternative investment.

They felt that the “ rare coins” market/investments represents both opportunity for attractive returns and low correlations with other assets. This is because rare coins market have the characteristics of  supply being constrained and any growing interest in the market should support rising rare coins prices or value over the medium to long term period.

Experts advocate the following benefits in rare coins investment:

Diversification
Rare coins market prices normally reflect low correlation with other investments and in some cases offer more liquidity than other like equity, bond, real estates and other conventional investment.

Inflation hedge
Normally when  a country get more developed and people get affluence, prices of  such rare coins should rise in line with general economic growth and inflation.

Good potential long-term returns
Rare coins prices generally generate for their investors good attractive returns. Experts advocate that for any long term collections (50 years plus) compound annual returns of between 8.7%-10.5% can be achieved

Short term returns also attractive
With careful selection of the rare coin portfolio investing in particular gold and silver coins, experts find good attractive annual returns.

A growing market
It might seem to be a surprise to some that rare coins divestments in fact has gain much  liquidity mainly attributed to interest in the rare coins market has increased over recent years. In fact some even consider rare coins market as liquid alternative investment  to help them to diversify their overall investment portfolios in order to achieve potentially higher returns and lower overall portfolio volatility.

Rare Coins And Scarce Coins Of Hong Kong Regal Coinage

Posted by slang on

Generally, many coin collectors would presume that the rare coins of Hong Kong would come from the Queen Victoria half-dollar minted prior to 1885 and scarce coins from all silver coins of the 1870’s (except 1876) and the ten cents of 1863 to 1865.

However, extracted from Hong Kong Art and Collectibles Club ,in turn the information is from a handbook entitled “Regal Coinage of Hong Kong” published by Hong Kong Museum of History, the following are some of the rare coins of Hong Kong:-

RARE COINS DURING THE QUEEN VICTORIA REIGN:

Hong Kong-Rare Coins From Qn Victoria Reign

Victoria one mil 1864 &  Victoria ten cents 1864

• Both coins are exceedingly rare and were never apparently issued in the Colony even published mintage figure for both coins is large. Probably a few pieces were struck from dies prepared for 1864, but official reports show that no Hong Kong coins were ordered for that year.

Victoria half-dollar 1867

• The combined mintage for the half-dollars of 1866/67 is given as less than sixty thousand. From the numbers apparently extant today it is estimated that the ratio of these bearing the date 1867 was probably not more than one in twenty-five, and possibly considerably less.

Victoria twenty cents 1879

• With a mintage of only twenty four thousand this is undoubtedly the ‘key’ date in the twenty cent series. Up to the present time only specimens in worn condition have been found in local collections.

Victoria twenty cents 1881

• Although the twenty cent coins of 1880 and 1881 were apparently struck in equal quantities (twenty five thousand), that of 1881 is much the scarcer of the two. There is no obvious reason for this, but the example points to the fallibility of placing too much trust in published figures, when attempting to evaluate rarity.

RARE COINS DURING THE KING EDWARD VII:

Edward VII ten cents 1905

• Though the published mintage figures for this issue exceed thirty three million, this coin was apparently never circulated in the Colony. However, a few specimens have appeared but only in overseas market over the past ten years.

Edward VII twenty cents 1905

• According to mintage figures this date should be about three times as common as either 1902 or 1904, however, only around twenty coins of 1905 have been located. This leads one to the conclusion that these coins were for some reason only issued in very small quantities. The marked rarity of the ten cent coin of this date lends support to this theory.

RARE COINS DURING THE KING GEORGE VI:

Rare Hong Kong coin-King George VI 1941 One(1) Cent

George VI one cent 1941

• Two separate consignments of these coins left the United Kingdom by ship towards the end of 1941. One shipment is reported to have been recalled en route, whilst the fate of the other is not known. Recently, however, a few of these coins have come to light from Japanese sources, so that it now seems reasonable to assume that the second consignment fell into the hands of the Japanese, who, following their practice at that time, melted the coins down for war purposes. Fortunately for collectors, a few of them apparently escaped that fate, and during the past years about a few tenths specimens have come to light.

George VI five cents 1941-H & George VI five cents 1941-KN

• Due to the war with Japan these two coins were never apparently shipped to Hong Kong for issuing. Apart from those in major museum collections, more than hundred specimens of (2) and less than twenty of (1) have been discovered in Hong Kong.