buying gold coins

Five Dollar Gold Coins

Five dollar gold coins were made during the eighteenth century from the year 1795 up to 1929. There are several designs of these “half eagles” as they were commonly known by having a value of the regular ten-dollar eagle coin. They feature the images of an eagle, the head of the Statue of Liberty and also Indian heads depending on the period wherein they are produced. Knowing that they were made during the late 1700’s, one would know the preciousness of these coins and also of their durability for all these years.

The five dollar gold coin was among the first coins to be issued by the US Mint. It was contemporary with the more known $10 gold eagle coin and was issued featuring almost the same images on their facade. The coin had a new design during the presidency of Roosevelt which marked the beginning of the appearance of Indian heads on the coin. It contains the head of a native Indian and also the eagle on the other side. The production was however ceased during the war in the 1920s.

Although there are various designs of these coins, there are only two commonly known designs for the five dollar coin. They are the more recent issues which were those produced by the US Mint from 1839 up to 1929. They are the coins which feature the head of Liberty and also the Indian type of coins. The most popular among the two being the Liberty head type which also features an eagle on its other side. The Indian type has a different process of creating the image in it which is sunk and not above the surface of the coin. It also features the eagle. On most five dollar coins, the mark of the Mint can be found on its reverse near the eagle and the Indian type has its mark on the arrows. The coins condition can rate from the following Very Fine, Extremely Fine, About Uncirculated, and Uncirculated Condition. Coins that are in uncirculated condition are worth the most to investors.

The cost or value of this coin reaches for up to less than $100,000 which is the most that a coin of this type has been bought in an auction. The rarity of these coins make them all worth the purchase. The more common Liberty head types cost a lot less at about $200 a piece. You can find a variety of the minting dates for these coins but the eldest that has been found for this coin was about 1875. It was an issue from the Mint in San Francisco.

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There is a collection from Louis Elaisberg which has preserved these coins at almost in mint condition. It commanded such a high price which can be expected from a coin like it. The other type of five dollar eagle coin will cost about $300 bearing the minting date from 1908 up to 1929. Although the 1929 issue is the more recent date, it still is the most costly among the series since they are more rare and thus harder to acquire. The most that a coin like this can cost you is about $8,000.

Buy Gold Coins in the UK

Interested in finding out how to purchase gold coins in the United Kingdom for investment purposes? Since gold has increased in price for the past five years and is now one of the best investments that one can make for the current period. It has considerably increased in value in direct contrast to the performance of the dollar in which the price of gold in which its value has always been expressed. The UK however has laid only a very low interest rate for its gold commodities and also the recent crisis in Europe has made this recent increase. From the recent report of the performance of marketing commodities in the United Kingdom, gold has been shown to be the top ranking investment when it comes to the amount of returns for its investors. Hence, if you are thinking about making a good investment, gold will be the best thing to invest on.

There are several gold trading companies which have their own website that can help you to the step by step process of buying gold in UK. They will also provide a good list of gold sellers and what types of gold coins to buy and also the best time for you to buy them. They will also provide you with the current price of gold in the market and where you can buy them with only a small seller’s commission added. They are all good things to consider before buying gold coins in UK.

If you want to be perfectly assured with your gold coin purchase, the best place to get them would be straight from the place where it is being produced – the London Mint Office. Aside from selling them through the mint, they also allow buyers to acquire it through online buying. The mint has also an established reputation in the world which is one of the reasons why buying from it will be the best way to get your gold coin. They have an array of either numismatic or bullion coins which are both a good way of investing in gold. There are newer issues from the mint such as commemorative coins from the recent wedding from the Royal family and also the more famous British sovereign. They also have foreign denominations such as the Canadian Maple Leaf and the African Kruggerand.

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If you happen to be lucky enough, you can also obtain a gold coin at a discounted rate which the mint gives for some customers. They also have an excellent customer service which is one of the reasons why most people are happy to get their coins from them. They can also return the item if they happen not to be satisfied with what they get within 14 days from purchase. Now that is a very rare opportunity for a buyer to take advantage of compared to buying in other precious metal sellers. Not all of them will offer to give you back your money if you are dissatisfied. You can buy their gold coins easily with the quick check-out process that the mint has implemented yet recently.

Buy Gold Coins from Banks

Buying gold has always been a very reliable step into making a good future for your investments. Not only has gold been highly valued ever since the dawn of civilization, they also always have a good exchange rate wherewith you can make a good profit from your initial purchase. One of the ways where you can own gold is by buying gold coins. Aside from the practicality of their size, they are also cheaper than gold bars which you may not be able to afford at the moment. If you are thinking of buying gold coins, the best way to get them would be from a trusted coin broker. Banks are generally more reliable sources of purchasing gold since all of their issuance are authentic and are less subject to having some problems during the sales transactions. However, most banks that deal in selling gold only do so in gold bars or ingots.

With the advent of the internet, it is now possible to obtain gold coins by buying them online. But not all sellers are reliable on the web so it would be better if you will make a purchase through some government mints or through banks themselves. These will make it less riskier and also will ensure the safety of the purchase itself. Aside from that, gold coins are usually not sold through an open market such as the Dubai Gold souk if you are living in the United States. It just doesn’t happen that way. If you want to make a purchase in gold coins in the US, you might as well get them through the United States Mint which produces only a limited stock due to the cost of production and the cost of gold itself. There are various gold coins for you to choose from either for a collection or bullion coins. There is also a limited variety when the mint wants them to be highly valuable and also to be in good safekeeping.

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Banks are always the best place to buy a gold since they are assuredly authentic and will not be involved in any type of monkey-business. Unlike those which just sprout somewhere and are gone the next day, banks are sure to deliver what they had stated in their product’s descriptions. Aside from that, you will be able to put your precious metals in their safekeeping after you have bought them. Which is a good thing since it will cut the cost of looking for a good way of storing it. Banks also sell gold at the current gold rate with just a few percentage over the spot price so it is a good way of buying gold. Since banks usually have a current rate price of gold, they will surely be able to sell you one at the current selling price. If you buy outside, you may get a lot of charges from the seller’s commissions to the other costs which may be added to it. So if you want a better assurance of buying gold, getting them from a bank would be a much better and safer manner to do so.

Best Gold Coins to Buy

If you are looking for the best types of gold coins to buy it’s important to know there are several reasons why coins become a favorite thing to collect among serious investors. First, there is the beauty of the design; second, is the rarity of the coin; and third, is for its value. These various reasons provide the basis for how a person is going to choose the items that he would like to collect or have in his possession either for showing to his friends or for securing his wealth.

Gold coin collecting has been done for several hundreds of years now by people who can afford to buy them and also who value them as assets. Some of the most famous collector’s items are the Canadian Maple Leafs, the American Eagles and Double Eagles, the Australian and British Sovereigns, the Chinese Panda, the Austrian Philharmonic and the African Krugerrands.

The Canadian Maple Leaf can be said to be one of the finest types of gold coin that is available on the market today. This coin is made of 999.9 percent pure gold which makes it one of the purest gold coin produced by a country. This was created on 1979 and is one of the first countries to ever produce a fine gold coin aside from the Krugerrand.

The American Eagles and Double Eagles are also a favorite collector’s item. The Saint Gauden’s Double Eagle is which was produced on 1927 is also a must-have for any avid collector of gold coins. These coins are available in one ounce, half-ounce, and quarter-ounce weights.

Australia has two particularly interesting gold coins: the Kangaroo and the Sovereign. The Kangaroo is made of 999.99 fine gold also and comes in different weights. What is interesting about this item is its beautiful designs. The Sovereign is also a hit with collectors with its exquisite image of Queen Victoria.

The Austrian Philharmonic is also one of the best gold coins to buy. It features the largest organ in Vienna and also represents the Austrian Philharmonic Orchestra which is considered to be one of the best in the world. You can also try collecting the 100 and 20 corona which was issued on 1914. It is also made from 999.9 fine gold.

The British Sovereign is also considered to be one of the best in design in the coin collector’s profiles. Some of them also features two types of metals which is peculiar with national gold coins. These coins are made from 916.6 gold which is a bit lower than that of the Canadian Maple or the Australian Sovereign.

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The last is the Chinese Panda which is valued for the different designs that they are issued with and the high quality of gold that they contain. Most Chinese Pandas are issued with a 999.9 percent of gold and they differ the design yearly which makes it quite an interesting piece to acquire.

For those who would like to collect gold coins for their beauty, rarity and value, these coins are those that are highly recommended for collecting. The type of gold and the delicacy of the designs make them one of the most valuable coins to own for your collection.

Buying Gold Coins

Gold prices rise and fall dependent to the future financial outlook. Unfortunately with the high debt to income ratio of many of the worlds biggest countries, the future outlook looks bleak indeed.

During a climate of high inflation having a substantial investment in gold can be a very good idea. The trick is to buy gold before the prices substantial increase. Investing in gold coins can be a safe alternative to other types of investments that can be adversely effected by rapid hyperinflation and diminishing paper currency valuations.