Payday Loan Advances Payday Loan Advances

Quotes > Financial Quotes > Gold Coins

Gold Coins

Are you looking into investing in gold coins?

If you are looking for an investment as a gift or to add to your own investment portfolio, gold coins may be an option. Many people like to invest in gold coins because of it being a tangible asset (meaning you can actually hold them in your hand) and to provide diversity to overall investing objectives (Gold coins increase in value during times of economic inflation, ).


Two Types of gold coins to consider: gold bullion coins and rare gold coins

The weight of gold bullion coins determines its value. The value of gold bullion fluctuates every day based on the prevailing value of gold in the precious metals market. The value of a gold coin is subject to change daily as well. For example, lets say you have a gold coin that weighs 1 ounce. If the value of gold in precious metals markets is $500 an ounce, then your coin is worth about $500. The price of a gold coin typically includes a moderate sales charge by the dealer who sells the gold coin. The value of a rare gold coin is based on how much it weighs as well as its value to individual collectors. If a particular gold coin is highly sought after by a collector, its value will increase depending what the collector is willing to pay for it.

Where can I buy gold coins?

Gold coins can be purchased from coin dealers, precious metals firms as well as individual investors. Whomever you decide to buy rare gold coins from, the coins should be accompanied by a letter of authenticity documentation from an independent coin grading service. Such documentation prevents a would be buyer from buying fake / counterfeit gold coins. Two well known grading firms are the Numismatic Guaranty Corporation (NGC) and the Professional Coin Grading Service (PCGS). When comparing comparable coins between different dealers, make sure each coin you are considering is graded by the same service.

Do you need thousands of dollars to invest in gold coins?

No. There are gold coins worth several thousands of dollars, but gold coins can be purchased for under $100. The exact price is determined by the prevailing market value of gold and the weight of the coin. For example, if gold is currently worth $500 an ounce, you can purchase a 1/10 ounce coin for $50-$70, depending on sales markups by individual dealers.

Where can I spend a gold coin?

The U.S. Mint produces gold dollar coins that are an accepted form of currency at many retail stores and restaurants. These coins are worth their face value. A $1 gold dollar coin could be used to make a $1 purchase. Rare gold coins and gold bullion coins are of greater value, and are intended to be used as an investment, not for making daily purchases.


Latest Gold Coin News
March 16, 2007
Odyssey Marine Exploration said Friday that it lost $19.1 million, or 41 cents a share, in 2006 because of declining sales, prices and volumes of silver and gold coins.



Online Ads found about “Gold Coins”:

Yahoo -

  • Ad Title: Gold Coin – Guaranteed Low Prices
    Gold coins – we are California Numismatic Investments, a large and long-standing Gold dealership.
    Domain: golddealer.com

  • Ad Title: United States Gold Bureau
    USGB distrubutes US Gold, Silver and Platinum Coins at low premiums.
    Domain: usgoldbureau.com

  • Ad Title: 2006 Gold Eagle Coins
    U.S. releases 2006 Gold Eagle coins struck in .917 fine gold.
    Domain: govmint.com

  • Ad Title: 2006 Gold Coin Boom
    Get a free research report detailing two ways to make a fortune in the coming gold boom.
    Domain: dailywealth.com/goldreport

  • Ad Title: Gold Coin
    Shop online for exceptional U.S. gold coins. PCGS & NGC.
    Domain: blanchardonline.com

  • Ad Title: Purchase Rare Coins
    Large Selection of Gold and Silver Coins at ShopNBC.
    Domain: ShopNBC.com

  • Ad Title: Gold Coins at Monex
    Leading Gold Coin Dealer for 40 Years. Free Report and Live Quotes.
    Domain: monex.com

  • Ad Title: Buy Gold Bullion Now
    Bullion Direct is your online source for Gold Bullion Coins/Bars.
    Domain: BullionDirect.com

  • Ad Title: Heritage Gold Coins
    Search here for Gold Coins. With over $400 Million in annual sales,…
    Domain: heritagecoins.com

  • Ad Title: American Eagle Coin & Jewelry Co
    We buy sell trade gold silver coins coin sets jewelry scrap & bullion.
    Domain: aecoins.com
Copyright © 2010-2011 Quotesl.com | Quotes | About Us | Contact Us | Privacy Policy | Current Page -> Gold Coins