subject: Have You Ever Dreamed Of Collecting Rare Gold Coins? [print this page] Have You Ever Dreamed Of Collecting Rare Gold Coins?
Rare gold coins can be an expensive hobby or even an expensive investment. Collecting rare gold coins can be a lifetime endeavor. Gold itself is increasing in value, while rare gold coins are increasing even more. It is harder to value a rare gold coin than it is one of the more modern coins. Much of the value for the rare coins lies in the fact of their rarity.
Modern gold coins are priced based on the quality and amount of gold used to make them. However, the antique or rare gold coins are valued based on how old they are and what condition they are in. Antiques are not the only rare coins around though. Many people make the mistake of thinking that a rare coin is one that is very old. However, any mistake made while coins are being minted can result in a rare coin.
Some examples of errors resulting in rare coins:
1. No mint marking
2. Missing words
3. Misspelled words
4. Wrong materials
5. Double stamping
Any of these errors can and do result in the production of rare coins. Many of these mistakes are not noticed until after the coins are released for use. This is why many rare coin collectors can be found going over all the change they receive. There is no telling where or when they may find a rare coin in the change they receive at the store.
However it is unlikely that you would find a rare gold coins in your pocket change. In fact it is unlikely that you would find a common gold coin in your pocket change. In order to obtain rare gold coins you will probably need to go through a coin exchange. Rare gold coins are even more expensive than normal gold coins because there are so few of them produced. Once the error is spotted it is corrected. However, since there is always a chance that a collection will be lost or destroyed there is still a chance that a rare coin will increase in value.
The best way to ensure that the rare gold coin you think you are buying is legitimate is to go through a reputable coin exchange. You may be able to find the coin cheaper elsewhere, but how would you know that it was legitimate? You do not want to make that much of an investment only to find out that the coin you purchased was stolen.
When considering the purchase of rare gold coins contact http://www.goldcoin.net/. They have been in the business of verifying and making trades in the gold market for over 16 years and would be glad to help you find the coin you are searching for.
