Why You Need To Buy and Sell Gold Coins (Part 4)
by: Steve Renner
Top Investment Performance
Throughout history, many coin collections have produced substantial long-term profits for their owners. This is particularly true for coin collectors of this century. Indeed, Harold Bareford reportedly purchased a collection of U.S. gold coins for $13,832 in the early 1950s which was resold at auction in 1978 for $1.2 million. A more substantial collector, Louis Eliasberg, built a collection that cost about $300,000. In 1982, it brought $12.4 million at auction.
This investment performance has been well documented by sources as diverse as The Wall Street Journal, Consumer Reports and a host of industry periodicals and guidesheets. What these reports have shown is that carefully selected portfolios of rare coins have had a high rate of long-term appreciation.
Of course, past performance is no guarantee of future results and investments in rare coins do involve risk. While the market performance of different coins varies substantially and no representation can be made that an individual investor's portfolio will enjoy results similar to those that have been documented in the various independent reports and surveys, those reports and surveys illustrate the impressive returns that carefully selected rare U.S. coins can produce.
Tax Benefits
Capital gains on coins can only be taxed at liquidation, when the profits are actually realized. There is no taxation on phantom or undistributed profits as there are with some investments. And unlike most other investments, there is no federal income tax liability on so-called "wash sales" or like-kind exchanges which enable investors to trade their rare coins for other rare coins of equal or greater value
Intrinsic Value
Unlike paper investments, rare U.S. coins have real tangible value you can feel each time you hold one in your hand. Therefore, they offer two ways to build wealth. Carefully selected coins truly offer the best of bullion and numismatics in one investment. They contain the intrinsic security of bullion and can also offer extraordinary profit potential regardless of what precious metal spot prices do. Still, precious metal content is only a relatively small factor in determining the value of many rare U.S. coins whose value is almost solely based on condition, demand and rarity
Historically Significant Beauty
Rare U.S. coins are a part of our history--direct links to America's rich heritage--as timeless and valuable as history itself. For two centuries, U.S. coins have been symbols of American stability, as well as reflections of national pride. Throughout our nation's history, coins have spotlighted our national heroes, paid tribute to our great achievements and commemorated significant events. These truly historic works of art commemorate past sacrifices made in the name of freedom.
Rare U.S. coins acquaint investors with historical figures and events, no matter how far removed by time. The satisfaction of actually owning a piece of history from a bygone era makes investing in rare U.S. coins truly unique. Each coin has traveled a different path through history. As a result, each is a unique embodiment of the hopes and dreams of our founding fathers
Condition
The overwhelming majority of U.S. coins ever minted were circulated. Many coins were lost through attrition and others were damaged by use, thus eliminating any potential for numismatic value. The few surviving uncirculated coins are in a much more pristine condition.
Investment quality coins are primarily those coins rated in the 11 uncirculated grades, 60 and above, on the American Numismatic Association's 70 point grading scale. A coin's grade is a measure of its condition or state of preservation. The higher the grade, the better the condition.
Uncirculated coins fall into two broad categories: Proof (PF or PR) and Mint State (MS). Mint State coins were originally meant for circulation but never were circulated, so they remain in the same condition today as when they were minted. Proof coins were never meant for circulation, thus they received very careful handling and were specially struck at least twice on highly polished planchets.
The beauty of a coin can attract collectors as well as investors, and hence increase demand for a particular coin or set. This increased demand can result in rising values. Eye appeal is affected by several factors including the beauty of a coin's design, the minting process used, the fullness and sharpness of its strike, the toning, the brilliance of its luster and the amount of wear and number of blemishes on the coin's surface
Portfolios or Collections?
The age-old description of coin collecting as the "Hobby of Kings" is both accurate and misleading... accurate in conveying the outdated perception that coin collecting is restricted only to the very wealthy, misleading in that the number of collectors has steadily increased and has been estimated by the American Numismatic Association to include as many as 7-10 million coin buyers in the United States alone. Typically, the coin collector collects coins for their rarity and historical value. Collectors view their coins as rare art and as the tangible remnants of the cultural and economic forces that created them.
The investor begins from a different starting point--the fact that coins of proven rarity have shown remarkably high rates of appreciation. He sees the economic results of the pleasures of collecting and makes his original purchases with profits as his only motive.
However, we have found that the line between those of our clients that are collectors and those that are investors has become increasingly blurred. Collectors can't help but be pleased when coins that they sell bring an attractive profit. Investors begin to see their coins as works of art and become knowledgeable about the circumstances of their minting and the era in which they were circulated.
Both collector and investor come to realize that their intellectual curiosity, aesthetic sensibilities and enjoyment in our country's past can be used to create a collection that becomes an important store of value, a way to accumulate wealth that can be passed on to future generations--or used to fund their own retirements.
About The Author
Steve is the ceo of cashgcards-goldlynks rare/gold coin club he was the best isp in 1997 check out his about us page at http://goldlynks.tripod.com this article is free for distribution
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Service Fees, Domestic Flights And The Nuggets Of Gold The Travel Industry Doesn?t Want You To Know About
Service Fees, Domestic Flights And The Nuggets Of Gold The Travel Industry Doesn?t Want You To Know About
by: Naman Budheo
If you've been shopping for cheap flights online, you have encountered hundreds if not thousands of sites selling airfares.
These sites are made of Mega Online agencies, Airlines, Online Airfares Specialists, Traditional Brick and Mortar (B&M) Travel agencies.
This presents a huge pool of resources to wade to find cheap domestic flights.
What Is the Best Way To Find and Buy a Cheap Domestic Flight? First it is helpful to understand how the market for domestic fares works.
After decades of offering travel agents a standard commission of at least 10%, many of the larger airline carriers in North America stopped paying base commissions to travel agents, beginning in March 2002. The elimination of commissions for domestic flights is important because travel agencies now needed to find a source of revenue...
Gold ring > Service Fees, Domestic Flights And The Nuggets Of Gold The Travel Industry Doesn?t Want You To Know About
Body Piercing, Is There Anything Wrong With It?
Body Piercing, Is There Anything Wrong With It?
by: David Kunstek
When you spend a day at the mall, you see people with body piercings.
Perhaps you see someone with a nose ring.
Another may have a belly button ring.
In fact, you may see people with some really crazy body piercing.
Is there any reason that people should not have so many body piercings?
When it all comes down to it, it is everyone's separate decision to be made, but we must ask, is there anything wrong with it, really?
Body piercing is popular, especially among teens.
Something that once started as earrings led to the piercing of many other body parts.
Do you have your ears pierced?
Is there something wrong with people who have their ears pierced?
Many teens find body piercing to be a way of self expression and a way to rebel.
Today, people get their noses, tongues, eye brows, belly buttons...
Gold ring > Body Piercing, Is There Anything Wrong With It?
Twelve Tips for Greater Enjoyment of your Gold and Silver Jewelry
Twelve Tips for Greater Enjoyment of your Gold and Silver Jewelry
by: Sam Serio
Jewelry can be beautiful to look at, fun to buy, and can make bold and revealing statements about you. Hear are some tips for greater enjoyment of your favorite gold and silver jewelry.
1. Never swim in a chlorinated pool while wearing gold and silver jewelry.
2. Always apply make-up, perfumes, oils or colognes before you put on your gold and silver jewelry
3. Keep both your skin and your gold and silver jewelry clean and free of oil.
4. Using an absorbent, abrasive-free body powder on areas that your gold and silver jewelry touches your skin can help with skin discoloration.
5. If you do have any skin discoloration you may need to move to a higher gold content. Say, from 14K gold jewelry to 18K jewelry.
6. Are your gold and silver chains all tied-up in knots? If so, here?s a nifty little trick for straightening them out. Dust your chain...
Twelve Tips for Greater Enjoyment of your Gold and Silver Jewelry
Gold ring > Twelve Tips for Greater Enjoyment of your Gold and Silver Jewelry
It Really Is Only 'Early Days' In The Internet Gold Rush....
It Really Is Only 'Early Days' In The Internet Gold Rush....
by: Richard Grady
One of the questions that I am getting more and more used to hearing lately is:
'Is it too late for me to start an online business?
Have I missed the boat and have all of the best opportunities been and gone?'
My reply is always along the lines of, 'Absolutely not - there is still a wealth of opportunity online and even if you start your online business tomorrow, you are still well ahead of the majority of people'.
I genuinely believe that this is the case but I know that many people do feel that they may have missed the boat and that there is nothing more that can be done online that isn't already being done by someone else.
If you are one of those people, read on....
I attended a corporate function last week - non Internet related - and had the chance to talk with a large number of UK business men and women.
These people...
Gold ring > It Really Is Only 'Early Days' In The Internet Gold Rush....
How to Safely Buy a Diamond Online ? Part 3 of 3
How to Safely Buy a Diamond Online ? Part 3 of 3
by: Michael Bradley
It is now possible to save 40% to 60% by purchasing a diamond engagement ring from an online diamond retailer, rather than from a bricks-n-mortar High Street jeweller. Online diamond retailers don?t have retail shops, sales staff, large diamond inventories and other associated operating expenses and are therefore able to pass on the cost savings to consumers.
Of course, a diamond might be one of the largest one-off purchases made in one?s lifetime and so it is understandable that many people may be uncomfortable paying for a diamond before it has been seen and examined.
However, as long as the correct research and precautions are taken there should be no reason to be fearful about buying diamonds from Internet diamond merchants.
The three most important aspects of the pre-purchase checks that must be carried out are:
1. Assurance that the diamond business is...
How to Safely Buy a Diamond Online ? Part 3 of 3
Gold ring > How to Safely Buy a Diamond Online ? Part 3 of 3
Are You Content with Ryze? Leverage that Gold Membership & Make the Most of Your Online Networking
Are You Content with Ryze? Leverage that Gold Membership & Make the Most of Your Online Networking
by: Dina Giolitto
So you joined Ryze thinking that there would be opportunities knocking around every corner? And yet every time you unleash your best sales pitch, someone slaps you in the mouth. Wasn't this supposed to be for business networking? Instead, everyone's just milling around and you're having no luck.
The problem is, you're trying to fit a square peg into a round hole.
First, Ryze is a horse of another color. Think about this - what if everyone just ran around Ryze posting spam ads? Would you have a reason to choose one of the five bazillion coffee distributors over the next? No. So it's clear that the straight-sell does NOT work on Ryze.
Second, you need to discipline yourself if you want to make solid Ryze contacts. Don't let yourself get sucked into a conversation that's going in circles, or worse, escalating into an argument....
Are You Content with Ryze? Leverage that Gold Membership & Make the Most of Your Online Networking
Gold ring > Are You Content with Ryze? Leverage that Gold Membership & Make the Most of Your Online Networking
I Think I See Gold!
I Think I See Gold!
by: Arthur Buchanan
I bet you are saying to yourself what in the hell is this person talking about? Now hold on before you judge me, give me a chance to redeem myself and make sense of this whole chapter. Even the title will make sense in just a short while, so just hold on to those opinions and let me have a shot - Thank You!
Let us say your house burned down and all that you were able to get out of it was you and your wife and children. Now do not get me wrong that is the most important thing to get out. At least your family is safe. Yet you are sad because everything you had is gone. All your cloths are gone. You are overwhelmed by the loss you are now suffering. Then a strange thing happens you look down in the ashes and you think you see gold in the fire. Somehow it is different; it is like all your desires.
What this means you are wondering to yourself? It hits you - your house was worth $85000 and they, (the insurance...
I Think I See Gold!
Gold ring > I Think I See Gold!
Gold ring perfume Why You Need To Buy and Sell Gold Coins (Part 4)
Gold ring
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