| |
|
|
European Gold Coins
In Search of the Perfect Coin
Look to the European Gold Market for today's best values!
A Word on the European Gold Coin Market from Don McAlvany:
If I had told you 30 years ago to buy nice uncirculated U.S. gold coins for their profit potential, would you have listened? Since then, gold has risen 850%, the purchasing power of the dollar has fallen 80%, and uncirculated pre-1934 U.S. gold coins are up 1,000% - 10,000%. Because of their condition and rarity U.S. gold coins have far out-paced the rise in gold bullion.
If I were to tell you today to buy nice uncirculated European gold coins for their profit potential, would you listen? I believe we are on the threshold of another huge move in the value of uncirculated gold coins... this time in European fractional gold coins.
Two years ago, thanks largely to the dishoarding of gold coins by European central banks (in preparation for the new EURO currency), some previously rarely seen coins became available. In some cases these coins had remained virtually undisturbed in bank vaults for over 100 years!
When I first became aware of these large groups of coins, it felt like deja vu. Once again we have the opportunity to purchase uncirculated pre-1934 gold coins at nearly bullion prices! You may have seen our literature before in recent months describing some of these beautiful and historically significant gold coins. What you may not be aware of is the overwhelming public demand for them! Since we first started offering these coins to our investors, they have snatched up nearly 500,000 of them!
These are some of my criteria for purchasing small gold coins. They should be yours as well!
1. Easily Identified - stay with a recognized coin from a well known country. When it comes time to sell your coins, you will want a well-established market.
2. No Restrikes - many bullion coins, such as the Swiss and French 20 Francs or Austrian gold coins are restrikes. Restrikes might exhibit older dates, but they were actually minted many years after the date that appears on the coin.
3. Low Mintages - for a coin to have collector appeal, it must have some scarcity or rarity. In other words, the number of coins originally minted should not be astronomical.
4. Uncirculated Condition -collectors and investors alike are drawn to an attractive higher-grade coin. Seek out coins that were never released for public circulation, but were hidden away in bank vaults.
5. Significant Age - like any true collectible, age does matter. A piece of furniture made in the past 10 years obviously does not qualify as an antique. The same applies to coins. A coin minted in the past few years has little collector appeal.
6. Fractional Sizes - most European gold coins are 1/4 ounce or smaller - very logical since they were once actually used as money! Their small fractional size is especially convenient when it comes time to sell, barter, or liquidate the coins.
7. Semi-Numismatic - the coins need to have a valid rarity value to avoid dealer reporting requirements. The combination of age, mintage and condition is very important.
8. Genuine Upside Potential - each of the coins that I have acquired have been genuinely scarce. Yet, each has been purchased at a fraction of their historical catalogue price.
It is obvious that after 10 years and hundreds of thousands of coins that these small fractional European coins are possibly the most popular coins that we have ever sold!
|
|
|
| |
|
|
10 Questions You Should Ask Before Buying Collectible Coins |
| US Gold Coins |
At this time in the market for semi-numismatic coins,
we feel it is imperative that you be more knowledgeable as to what
a collectable coin is. Because we guarantee to buy back these coins
at the same grade, we, as a dealer, consider several factors that
our coins must have in order to guarantee our own liquidity. Liquidity
is to collectible coins what location is to real estate.
Therefore, we use these criteria,
to help us determine what types of coins will be desirable and easily
liquidated. In considering any type of collectible coin, you should
do the same.
I.
Was the coin minted prior to 1934? – After
1934, the U.S. and the rest of the world, discontinued to mint coins
as legal tender. Any coins minted after 1934, were minted for bullion
reserve purposes, and are not considered legal tender coins.
To continue reading click me. |
|
|
