Following a recent rise in gold prices, many are looking for investment opportunities in the gold market. New investors are presented with many choices including whether to invest in bullion or numismatic (collectible) coins and it can be difficult to understand the investment potential of each option. Collectible coin experts, Hallmark Coins, explains the difference between bullion and collectible (numismatic) coins and aims to arm investors with the facts relating to gold coins.
“The value of a collectible coin is always on the rise, as it gets older and gets rarer. Not only that, numismatic or collectible coins offer more stable investment potential compared to bullion, which is a slave to the constant fluctuations of the price of gold,” said
The Guide to Investing in Coins is available on the Hallmark Coins blog, where the company refers to specific examples to illustrate the difference between the two gold investment types.
Basker offers a summary for potential investors: “Set objectives early into your investment planning. Is your priority to own a piece of history or invest in the future?”
Hallmark Coins organises regular investment seminars for collectors to speak to coin experts and gather more information about the benefits of investment.
Bullion refers to contemporary precious metal coins minted by official agencies for investment purposes. The value of bullion fluctuates according to the current price of gold, silver or platinum. Buying gold bullion in the
Collectible coins present another attractive investment option. These are different from bullion in that they are valued mainly for their rarity and carry a collector’s premium based on historical supply and demand.
It is common for a numismatic coin to hold far greater value than its alloy content if it is particularly rare and in excellent condition.
According to worldwide-recognised numismatic coin catalogue SPINK, the value of the 1841 Queen Victoria gold sovereign was booked at £2.750 in 2000, while the gold spot price at the time was at
2013 saw the bullion value of gold increase to an average of
Read the full story at http://www.prweb.com/releases/2014/02/prweb11590668.htm
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