Breaking News
 |  | 

jewelry

Gold Coins as a Store of Value

<span>publisher</span>publisher
 |  Jan 15, 2012
Gold coins have always been a fascination to men. While gold is a much coveted precious metal in its raw form, minted gold coins hold more fascination because of their rarity. A gold coin will be priced much more than a piece of gold of the same weight. Minting gold coins is an art and some gold coins are very beautiful for example the Australian dragons. Keeping gold in stock has always been a good way to store value. Gold rarely depreciates.  Gold is a sure saving method as gold will never be scrapped like a paper currency. The value is always assured. Collecting gold coins with a high coin value is a great way to store gold. Unlike raw gold whose value is determined by the world market, gold coin value depends on subjective assessment. If a collector badly needs a certain coin, he will offer more for it. Stocking rare gold coins could be several times more profitable than having raw gold of the same weight. With the current rising in value of gold, gold coins will also rise in value significantly. This will even be more so for coins having high gold content or those that are very rare. Any coin dealer will tell you keeping a stock of these coins are better than savings in equity. Their value is sure to rise sometimes by a very good margin. You can never go wrong with savings in gold more so gold coins. These beautiful works of art are riches that every man covets to have.
gold-coins-as-a-store-of-value

ABOUT THE AUTHOR