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| How to invest in rare coins for big profits |
| How you can make money while you invest in rare coins.
Buy Low and sell High
This is easier said than done. What happens is collectors and investors wait till the market is
moving up and then decide to buy at high prices.
We all like a sale but why do we not buy gold and silver coins when the price is low?
For the past 10 years coins have been on sale but not many have continued to buy rare coins to
add to their portfolios.
Now that gold and silver prices are at higher levels and we see and hear about it on the news
and financial shows, we wonder if we should be buying.
Yes and no… Yes we should be buying and no we should not be buying.
A contradiction…yes.
Buy because we want to add to our investments and collections.
Don’t just buy because the price is rising and we may make a profit.
What do we buy?
The most collected coins in the USA are: in silver:
Copper pennies, all Barber coins, Buffalo nickels, and the new nickel series, Mercury dimes, the
New Quarters, All silver quarters, Silver Half Dollars, Walking Liberties and Franklins.
Kennedy Half Dollars and Morgan and Peace Silver Dollars.
Collected in gold.
St. Gaudens double eagle… $20.00 gold coin
All gold Indian coins
Liberty gold coins. All denominations.
Gold Pandas. This is a bullion coin but carries a collector premium.
All the above gold coins trade at a premium to the gold price.
What makes a coin valuable?
The main thing that makes a coin valuable is supply and demand.
Lots of demand for a coin increases the price. It does not make it rare.
There can be low demand for a coin but it will have a high price.
This can
Happen for reasons such as, low quantity of coins. Low silver or gold prices.
High value rarities trade on their own merits. They are wanted by very wealthy
Individuals and will command very high prices.
TV and internet auctions can also cause price levels to rise.
Many low priced coins trade at or near the metals value. So if the metal price is rising so
will the coins of this type.
As more rare coin collectors try to get a coin the value can also rise in price.
Most often the rare coin collector who collected for enjoyment ended up with a valuable collection
of coins.
The profit was secondary to profit.
Should you collect your rare coins for fun and enjoyment you may find you have a profit when you go
to sell your rare coin collection.
Rare gold and silver coins are a long term investment.. About 5 to 20 years is best for profit.
Silver and gold bullion can be purchased in coin or bar form. By buying low and selling high one can
make a good profit.
However you will find your best profits come from buying nice silver and gold rare coins.
Learn about the coins you plan to collect. This will give you an advantage and know when you see a good buy.
It is always best to buy the coin and not the plastic holder.
Keep your collecting fun and the profits will come.
One last thing, collectors should buy coins that grade fine to About uncalculated (AU)
Investors will normally stick with graded or slabbed coins.
This is ok but a collector can play in both areas and with knowledge can gain an advantage over the investor.
To read more about how to invest in rare coins, visit the website and click news and tips link.
http://www.rarecoins4u.com
Have you enjoyed this article or to learn more about collecting coins and silver and gold visit my web site and
sign up for the monthly news and tips letter.
Richard Irby has been collecting, buying, selling and trading silver and gold coins and sports cards for 25 plus years.
To contact Mr. Irby use the contact page at:
http://www.rarecoins4u.com
Copyright 2008 richcoin publishing http://www.rarecoins4u.com |
Posted : 2008-01-28 19:06:35 Category :rare coins | Comments 7034 |
| Music,Movies and popcorn |
Hey everyone...what a day! Cold and colder..
I did work on another new site today.
Do you download music to your i-pod?
Do you download movies?
Do you like to play games? PSP user?
Have a psp?
If you said yes to any of the above....it is your lucky day.
Until Saturday, January 27 2008, we are having a special.
Unlimited downloads of music, movies, tv shows, games and more.
This is a 2 day special. Hurry before it is gone. Click the link to see
more about this amazing special.
http:www.rarecoins4u.com/music.html
Well off to get ome dinner...Have a great day..
Richard, wags and lady |
Posted : 2008-01-25 18:57:59 Category :rare coins | Comments 5991 |
| Thanks Businessman |
| A good topic to address.Yes when collecting always be aware of what the item looks like and decide for yourself if the grade is what you think it is. Don't just take the word of someone else, unless you trust them. The best coin and card dealers will slightly undergrade the coin. Dishonest ones will inflate the grade. Watch what you buy, especially in a hot market...
Visit the site tosee more coin and sport card collecting tips...Later richcoin1, wags and lady.
http://www.rarecoins4u.com |
Posted : 2008-01-24 19:36:42 Category :rare coins | Comments 5329 |
| New site is up |
Hi fellow and gal bloggers. My new site is up and working pretty well.
http://www.rarecoins4u.com
There are a few items up and lots of good information for the collector and investor.
I see the stock market bounced around today and gold and silver were up as I have been expecting it to be. My pups and I hung out by the fire today as it is cold here in the east.
I am learning quite a bit and will bring you updates as I start getting feedback.
Drop by and check out the new site...have a great day...richcoin1, wags and lady.
http://www.rarecoins4u.com |
Posted : 2008-01-22 21:32:45 Category :rare coins | Comments 3114 |
| Silver and gold |
Hi...Thanks for dropping by to post your thoughts.
Have you noticed the prices of silver and gold?
Gold is at a record hi...$897 and silver is at $16.10 or so.
This is fantastic, and I look for higher prices ahead.
Rare coins have also advanced to new levels and that is good news for collectors and investors.
Let me hear your thoughts on this trend.
If you have been to my web site http://www.rarecoins4u.com
you have learned quite a lot about collecting.
If not then drop by and read about rare coin collecting. This free info also applies to collecting sports cards, and buying and selling at auctions.
Have a great day...richard, wags and lady.
http://www.rarecoins4u.com] |
Posted : 2008-01-19 16:01:51 Category :rare coins | Comments 5008 |
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