Should I buy investment gold and silver or numismatic coins?
Investment Bullion vs Rare Coins
Seacoast Coin Dealer Port City Coin & Jewelry sells investment gold and silver to Maine, Massachusetts and New Hampshire residents
Deciding whether to invest in investment gold and silver or numismatics, presents a few challenges. Before deciding, its important to understand the difference. Investment gold and silver are considered to be precious metals products in the form of bars, rounds or coins. Gold and silver in this form is also referred to as bullion.
Investment Gold and Silver
Bullion products are valued solely for their precious metals content. They have have attractive designs or be issued in limited quantities but the value of gold or silver bars, rounds or bullion coins is derived solely from their precious metals content. Investment gold or silver is sold at a price close to the spot price of gold or silver. Any appreciation in the price of gold or silver will mean that the bullion products that you have purchased will have increased in value. Any decline in the prices of gold or silver will mean the bullion you bought has decreased in value.
Types of Investment Gold and Silver
The best selling investment gold and silver comes from the United States Mint. American Silver Eagles (pictured below) and American Gold Eagles are the world’s largest selling gold and silver bullion coins. The American Silver Eagle contains one ounce of .999 silver. American Gold Eagle coins come in 1/10, 1/4,1/2 and 1 ounce sizes. The Canadian Mint also produces gold and silver bullion coins featuring a maple leaf on the back and a portrait of the queen on the front.
Gold and silver also come in a wide variety of bars and rounds minted by private companies.
If you are looking to gain exposure to the prices of gold and silver in a form that you can hold, silver and gold bullion may be the right choice for you.
Numismatics refers to rare coins. When you buy numismatics you are paying not just for whatever precious metals content that may be in the coin, but also for rarity, condition and beauty of the coin. Numismatics can be an investment but are often thought of as collectors item. Collecting numismatics can be a rewarding hobby and also lucrative. Making money on numismatics, however is not as simple as buying gold or silver bullion low and selling it high. The numismatic market is based on supply and demand and for many coins, the bullion value is only a portion of the value of a given coin.
Some numismatics, nickels or pennies for example, have no precious metals value and are purchased solely on the basis of their rarity, condition and demand.
Many rare coin collectors also buy investment gold and silver and vice-versa. Whatever your choice, you can find a wide range of investment gold and silver and rare coins at Port City Coin & Jewelry.
The foregoing is presented for informational purposes only and is not intended to be investment advice.
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Visit Port City Coin & Jewelry to shop our selection of gold and silver bullion, coins, cameras, jewelry and watches. Or call 603-373-6185 for availability and pricing of gold and silver coins, rounds and bars, cameras, gold watches and jewelry.
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