Gold Coins are an Excellent Investment

| Friday, December 16, 2011
By Tom Snow


Gold coins are probably one of the better investments at present out on the market now. In the economy's current fragile state, it is very tough to decide where to put your money. Investments like stocks, bonds, futures, and the like have been on a wild roller coaster ride ever since the mid-2000s. Many individuals have turned to gold as a safer alternative to the volatile stock exchange.

Over the past twenty five years, gold has skyrocketed in value. There were 1 or 2 years when the value went down, but generally, we have seen a steady upward trend. Gold has cost well over $1,000 per oz. since 2010 and it shows no indications of stopping. If it does not stop growing at this explosive rate, by the early next year, there is a high probability that it could go over $2,000 per oz.

That having been said, gold coins are a solid investment. Coin collecting has always been a great spare time interest to get into. Not only do coins keep their value well, but they also have a core group of collectors that are very dependable about their hobby, too. There are well-liked magazines and sites especially devoted to coin collecting, and the number of coin dealers in the United States and Canada has grown.

If you're curious about collecting gold coins to milk Gold's explosive value hike, then it might be a good idea to begin by learning about coin stockpiling. There are many books and magazines out on the topic, but there are wonderful free sites you can check out, too. Two really good sites are www.coinsource.com and www.thecoinalley.com. You can learn the basics from these websites and commence building your treasure hoard of gold coins!

Another good place that you can find out more about collecting gold coins is at coin collector forums. Internet forums are places where folk gather and talk about whatever the forum is dedicated to. Collectors on a coin collector forum are usually very pleased to pass on any information that they have acquired about their pursuit. A great coin collector forum is www.cointalk.com.

Making the decision to collect gold coins is outstanding, but there were so many gold coins made over the years, it sometimes is a great idea to find a certain type of coin to concentrate on. Gold coins can generally be broken down by what country they were made in, by what years they were made, and can be further broken down in other classes, as well. This is suggested because there are lots of diverse types of gold coins that it can be tough to keep up with them all. However, you do not need to specialize; this is only a good hint for new collectors.

This tiny guide will hopefully help start you on the adventure of collecting gold coins, whether by purchase or discovered by seeking treasure. Once you have obtained your first pieces, you may want a secure place to keep them. You may be tempted to keep them in a treasure chest, like the pirates of old, but basically the best place to keep gold coins is in special protective cases in a safe place. You'll be able to find protective coin cases at coin dealers and on the web.




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