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.
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 you can sign up for a free email course on buying and selling rare/gold coins for profit by sending email to goldcoinsinfo@yahoo.com membership of the coins club is free to join at http://goldlynks.tripod.com
How to Make Hammered Coins
Old hammered coins were made in the first millennium BC using the hammered production method. As well as using the hammered method, many earlier coins were also made using a mould, where one mould was able to produce up to as many as 30 coins at one time. The mould method is well known to have produced, what is known as as, a tree of coins which would usually have a central hole. From there the coins were individually broken off and called cash. The word cash, as we know it today, originated from its colloquial use in China many centuries ago. Although this method was used in China up into the 19th century, the technique is no longer used today.
Promotional Trolley Coins ? Useful And Collectable
Your company can be there when your employees, customers or friends go to the supermarket, and as this can happen several times a week; this could be seen as a fantastic way to promote your company?s logo and name A branded trolley token can not only used when going to the supermarket, but also at other places where a locker is needed
Fishbowl Inventory Software, the Fastest Growing Inventory Solution for QuickBooks, Boasts Third Consecutive Year of Over 275% Growth
Fishbowl Inventory, the premier inventory solution for QuickBooks users, announces they are sustaining a yearly growth rate of 275% for the past three years. ExpressTech International, the official name of the company, credits its spectacular success to the release of 4.6 last year, the great working relationship with Intuit, and the doubling of their workforce over the previous year. This winning combination continues to benefit customers. With upcoming product enhancements, it will make an already superior inventory control/supply chain solution that much better. For more information on What Is "Key", When Collecting Coins?
Key Coin: A coin that is among the toughest and Most Expensive to obtain within a series In the Lincoln Cent series, for example, the 1909-S VDB would be considered the key, as would the 1914-D and often the 1922-Plain
Getting the Best Price for your Hammered Coins
If you have managed to get your hands on an old hammered coin then you may be surprised to find out exactly how valuable they are. For the past decade the price that hammered coins sell for has generally continued to rise, more so in portrait coins of Henry V111, EdwardV1, Elizabeth 1, James 1 and Charles 1 coins than many earlier including Celtic. Through being prudent in your approach to selling, you may find that someone will be willing to pay a very fair price.
Mike Fuljenz, President of Universal Coin & Bullion, Helps Author Scott A Travers in Placing Values on Gold Coins in the 'Insider's Guide to U.S. Co
Mike Fuljenz, President of Universal Coin & Bullion, once again assist author Scott A Travers in placing values on gold coins through double eagles.
Rare Coins for Profit. To Slab or not to Slab
To Slab or Not To Slab Article for Rare Coin Collectors & Coin Investors
Why You Need To Buy and Sell Gold Coins (Part 4)
Top Investment PerformanceThroughout history, many coin collections have produced substantial long-term profits for their owners. This is particularly true for coin collectors of this century.
Challenge Coins - A Special Type of Coins
For your convenience we have published this article in order to let you know of everything related to the Challenge Coins. Enjoy ?
Hammered Coins of England is Increasing in Popularity as a Medium and Marketplace for Collectors of Old Hammered Coins
Hammeredcoinsofengland.com -- the website of the company which buys and sells old hammered coins -- is rapidly increasing in traffic as collectors visit their website to read their articles on hammered coins, buy and sell, as well as evaluate and give opinions on coins.
Coin Collection ? The Art Of Numismatics
The first known coin collector was Petrarch, who lived way back in the 15th century. A century later, Hubert Goltz visited a number of coin collectors throughout Europe and estimated that were approximately 960 collections in total. Numismatics gradually became a favorite hobby of royalty. Francis I of Austria wrote about his collection of gold coins in 1756. The British Museum established one of the first coin catalogues. From this have emerged more than 100 publications devoted to coin collecting.
Home Inventory Software ? Why Do You Need It?
"An ounce of prevention is worth a pound of cure" is a commonly quoted saying, but how many of us procrastinate taking actions we know would save us much headache? Making a (http://www.myedgesoftware.com/)home inventory of your home is one of those "ounces of prevention" every homeowner should insist upon doing.
The Growing World of Custom Challenge Coins
When someone hears or reads the term "challenge coin" a clear picture can't be formed because the term isn't quite clear, most people think and assume that a coin is just a coin. These special type of coin has a sentimental or historic value which can't be given to just any other object, they can be put on display to symbolize our connection to a particular event, they can also be worn as a necklace, be embedded in key chains, paperweights and even coffee mugs.
Why You Need To Buy and Sell Gold Coins (Part 2)
How to Collect Rare Coins
For Fun and ProfitTime has proven that collectors tend to make the most money in rare coins because they search out "undervalued coins" and buy during market lulls. Buying in today's market climate offers you superb upside profit potential.
Play Video Poker With 5 Coins
All games of video poker can be played with one to five coins and as a player you have to make that choice. If you want to play with one coin click the coin symbol once, if you want to play with two coins click the coin symbol twice and so on. Some machines have a separate symbol for 5 coins that can be activated by a single click, because all good players always play with five coins.