jewelry

Gold Bullion Coins and Silver Dollars – 4 Reasons You Should be Investing in Them

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 |  Jun 24, 2010

1. Gold bullion coins and silver dollars never depreciate. No matter what is happening with the economy or the value of the dollar, coins will always have value. In fact, the price of gold and silver has been on the rise for years, and they are expected to keep rising. If everything else crashes, you will still be able to depend on your gold bullion coins and silver dollars. Think of them as an insurance policy of sorts.
2. Coins are easier to sell. Coin collectors don't want gold or silver bars for their collections; they want fancy gold bullion coins and silver dollars. Plus, gold and silver coins are both backed by the U.S. government, so they sell at a higher premium rate. One of the most sought-after coins is the American Eagle gold bullion coin, which the Mint only distributes to coin dealers. Silver dollars are another popular coin that is backed by the government and popular with collectors.
3. In the event of an emergency, gold bullion coins and silver dollars can be used as money. After all, gold and silver coins are used as money in many countries. In fact, in many languages, the words for 'silver' and 'money' are the same. When you have gold bullion coins and silver dollars, you do not have to liquidate them; instead, you can spend them whenever you want.
4. sCoins are easier to sell than bars. Think about it - if you need to sell part of your gold or silver collection, it would be easier to do if you had coins. After all, you cannot cut a gold or silver bar in half. But with gold bullion coins and silver dollars, you can get rid of a portion of your investment if you have to.