A friend called recently.
He inherited some gold coins, and he was searching for information about their worth.
One particular gold coin is the 1905 Liberty Head American Eagle Gold Coin.
That was not so valuable when his grandfather bought it. However, now that gold price has hit $1600 per ounce, that 1905 Liberty Head American Eagle Gold Coin is very valuable.
While I do not know much about gold coins, I know that one of the most popular coins in the world is the American Eagle series of gold and silver coins.
My friend was very ignorant when it comes to gold coins investment, even though he had inherited such a valuable collection, and he had bought many gold coins during his working years.
He thought that the 1905 Liberty Head American Eagle Gold Coin was to commemorate the independence of the United States.
I nearly fainted from such assumption.
United States has gained independence so long ago. If there were such gold coins to commemorate the event, that gold coin would have worth a fortune.
He also thought that the Liberty Head stand for a queen.
“Since when has a queen ruled over United States?” I screamed into the phone.
This shows that everyone can start a gold coins investment.
There is no special knowledge needed.
Since gold coins investment runs in his family, from grandfather to him, it follows that everyone can start a tradition in his family.
The best is to stick to American Eagle gold coins. If you buy one coin every day, you would have a valuable collection to hand over to the next generation.
If gold coins investment is too expensive for you, you can start by buying silver coins.
While the price of silver is very high compared to two years ago, the price is still affordable.
You can start a silver coin investment by buying American Silver Eagle coin series.
It does not matter that you do not stay in America.
This American Eagle Gold coin or Silver coin is the favorite of all collectors. You can find it in the coin shops in any country, and you can sell it anytime you want.
There is no lack of collector’s interest in this series.
Monday, July 25, 2011
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