Do I Need To Add Liberty Gold And Silver Coins To My Coin Collection?
If you happen to be a passionate coin collector then there is a powerful possibility
that you probably already have liberty silver coins in your coin collection. However, if you don't then you are definitely gonna want to make an effort to add these gold coins to your collection because they will truly provide you with a good possibility at raising the cost of your stock portfolio and your overall net worth. So definitely contemplate it if you haven't already added some by this stage.
Truth be told, the absolute highest selling gold coin ever was a lady liberty gold coin. It sold at auction in the year 2006 for $7.6 million. That's plenty of cash for one single gold coin, but this certain coin had a few very specific value in which made it extremely rare. You see president Roosevelt actually ordered all gold coins to get melted down during the Great Depression. But an overall total of 19 gold bullion coins in the year 1933 managed to escape the melting pots which make them very unusual silver coins.
So if you're ever intending to make a large amount of funds on a gold coin you would then absolutely would like to get one of these rare liberties in which escaped the melting pots in the year 1933. But there are only a few left in existence at this point and you will virtually need to have huge amounts of money accessible to you if you were ever to get the opportunity to get hold of one. So you could definitely expect to pay a large amount if you are thinking about trying to acquire one for yourself.
You'd be much better off buying a lot of the lower dollar amount gold bullion coins with lady liberty on the face. You'll be able to invest in a lot more of them since they are less expensive and you can rely on the gold content alone being worth lots of money so they will certainly continue to go up in value as time go by.
Plus you protect your self from inflation and you don't need to be worried about a failing US dollar if your personal wealth is in gold. So that is another main benefit that's available to you.