Tuesday, April 28, 2015

The Differences Between Investing in Gold and Silver Coins


After collecting coins of various types, you have decided to add some more that are priced higher than the ones you already have. This is the reason why you are trying to find as much information as you can about gold and silver coins. Both types of coins are actually deemed as international commodities that are traded every day.


Reasons for Collecting Gold and Silver Coins


Because both these coins are being traded on a daily basis, the prices of the coins depend on the value of dollars and on certain events that happened throughout the world. You can get updates regarding the quotes of metal on a daily basis at many reputable sites online.


Gold coins are popular because of the metal content and the unique designs that are featured on these. Many collectors seek gold Euro coins because these depict classic elements from countries that include Switzerland, Britain, France and Austria.


There are some collectors who prefer silver coins over gold, but most enthusiasts make sure that they have both. These coins can be availed from different resources that include online stores, coin dealers and at auctions.


Popular Gold and Silver Coins


If you are interested in getting gold and silver coins and you can only allot limited budget for a few pieces, you might as well prefer the kinds that are worth investing on.


For gold coins, you may want to look for the Austrian Philharmonic. This is a series of gold coins that became quite in demand throughout the world from 1992 to 1995. Each coin has 99.99% pure gold content. This was created to give tribute to the Vienna Philharmonic Orchestra. This sells at around $1300.


You may also want to avail the limited edition Vision of Dubai gold coin. This has 24 karat gold content and this was released by the Dubai Multi Commodities Center in two versions, half ounce and quarter ounce. The design on one side is the ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum and the Palm Jumeirah on the other side.


For silver coins, it is going to be a good investment to get the American Silver Eagle coin. This is one ounce and is quite popular among collectors and investors. On one side, it has the Walking Liberty, which was created by A.A. Weinman and it has the silver eagle on the reverse side. The price range of these coins is fair and it depends on the year that the coin was struck. This was not the first money though that utilized the Walking Liberty design. This was first seen on half dollars that were released from 1916 up to 1947.


Another good investment when it comes to silver coins is the Silver Libertad from Mexico. This is a one ounce coin. This has been struck every year and such act has been going on since 1982. To give you an idea about its price, a version of this coin that was struck in 1985 can be bought for around $20. This also comes in a one kilogram version, in which 3000 uncirculated coins were produced in 2003. The latter is not perceived as rare and hence, a great addition to our collection.





Source by Ed M Smith

The Differences Between Investing in Gold and Silver Coins

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