Monday, April 5, 2010

Buying Gold Coins

American Eagle Gold CoinsLiberty was selected as the design to grace the American Eagle gold coin in late 1060s. The design initially appeared in 1905 on the double edge gold piece where it remained till 1930s. Like other gold coins, the American eagle gold coins have always been the favourite of everyone since decades. Investors and collectors both like to buy gold coins and collect them for future securities. Many billionaires consider buying from the wholesale gold coins as a matter of their pride.

The American Eagle Gold Coins allow investors world over a convenient and highly cost-effective way to accumulate a physical silver, gold or platinum to their investment portfolios and diversify their investments.

Collectors like to go for the proof versions of the American Eagle Bullion coins. These gold coins are made through a specialized minting process that begins by manually putting burnished coin blanks into the presses fitted with special dies made for it. Once in it, the coin is struck several times and the softly frosted but detailed images appear to float above mirror-like field.

These are then scrutinized by white gloved inspectors and then every American Eagle Platinum, Gold and Silver Proof Coin is safely sealed in a protective capsule made of plastic. The coin is them kept in a very beautiful satin-lined velvet case along with the official certificate of purity and authenticity.

Since these proof coins are produced by United States Mint, every coin's weight and purity is guaranteed none other than the United States Government and these coins can be purchased directly from the Mint.

The coins are available in the size of one-ounce, one-tenth, one-quarter and one-half as well as in a complete four coin set that contains one coin of each size. In contrast to this, the American Eagle Gold Coins that are produced at West Point carry a “W” mint mark.

Friday, March 12, 2010

Gold Coins – The Art of a Simple Hobby

American Eagle gold coins If you are looking to start your own collection it is important to distinguish “collecting coins” from “numismatics” says American Eagle gold coins expert. Coin collecting, is a bit complex as it has many different conceptions and meanings. Numismatics is a scientific study of money and its history.

Coin collecting or coin gold coins investment is a very popular hobby enjoyed by millions of people of all ages. Collecting gold coins is considered an expensive hobby once one has started to buy gold coins and concentrate on collecting gold coins investment from a particular period or certain denomination. Dollar and sovereign coins are very popular in this regard.

Which coins should you invest in?

When selecting coins for investment, you should consider the following:

1) Current demand of the coin
2) Supply and availability
3) The level which coins of similar rarity, population and grade are currently trading; NGC and PCGS graded coins only. CAC will be the ultimate safeguard to determine accuracy of grades

Rare coins tend to appreciate the most over the long term. A strong performance history is an essential investment consideration. Coins track record of 100% to 300% price appreciation during past bull and bear markets, may benefits of rising precious metals values that are fueled by investor demand and world events. Lastly, the rising collector demand, based on a finite and limited supply, must be considered.

Tax Benefits of Investment Coins

There are no forms to fill out when you buy or sell investment rare coins. No annual dividend tax to pay because coins do not pay dividends. The capital gains on your gold investment rare coins can only be taxed at liquidation, when your profits are realized on sale. There is no taxation on phantom or undistributed profits as with some investments within the plan and free from tax on the gain, until the time of a distribution of assets out of the plan. As with any investment, you should consult your Tax Advisor, Attorney, CPA or Financial Planner before making any decisions.