Mapping Out Your Rare Coin Investment

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Investing in rare silver coins and other rare coins is something that demands a great deal of attention and scrupulousness.

Everyone wants to be successful in their investments, and more people are realizing the benefits of investing in rare coins, specifically.

One of the most common misconceptions is that bullion coins and rare coins are one in the same. Bullion coins are simply pieces of precious metal in the form of a coin, and while rare coins are often made up of precious metals, their rarity is what gives them their distinction.

Both rare coins and bullion coins are popular investments, however, the value of bullion coins tends to teeter and oscillate far more often and more dramatically than rare coins, which hold their value particularly well over time.

Rare coins are a particularly unique investment because unlike other ordinary investments, investors in addition to collectors partake in the purchase and sale of rare coins, so the market is even larger, and you will have the luxury of enjoying the collectible fun of investing in rare coins while keeping your money safe and with any luck, making a profit!

Finding rare coins to purchase isn’t necessarily easy—if it were, then the coins wouldn’t be very rare. The best way to locate rare coins is through a dealer. Not only are dealers the place where you want to make your rare coin purchases, but most dealers have a wealth of knowledge about the market, and can offer you some insight regarding what coins to invest in and avoid.

A good investor will have experience and a golden reputation, most likely with 10 plus years of experience and an excellent track record in customer satisfaction. Monaco Rare Coins, for example, has over 25 years of experience in the rare coin industry, and is the possessor of the highest quality accreditations by the Professional Numismatics Guild (PNG) and the American Numismatic Association (ANA). These certifications are only given to the best businesses in the industry, and are designed to provide you with security and peace of mind when you buy from a rare coin dealer, so you can rest assured that your transaction is a fair and honest one.

Rare gold coins date back hundreds of years, and you can find coins from every era in between. In the United States in the late 18th century, the U.S. Mint released last ‘eagle’ coin into circulation. In 1796, the no stars quarter eagle coin that was minted is now considered particularly valuable and rare, and expert investors suspect that only around 150 of these coins exist today. These coins can bring home tens of thousands of dollars to their lucky sellers, just one example of how much rare coins can be worth.

In the early 1800s, gold was being discovered and the first gold dollar coins were released by a private minter. Over the years, various types of these gold dollars were made and issued by mints across the U.S. from Philadelphia to San Francisco; the result of these productions was over 12.5 million coins being circulated.

Due to complaints and public demand, the coin sizes changed between the different coin types, and many of these coins are still available today.

When purchasing any coin, it is important to pay close attention to its grading, represented by letters and numbers to indicate the condition, such as “mint state” (MS). The numerical scale ranges all the way up to 70, so for your earlier purchases, aim for a coin that has a grading of 64 or higher. Once you’ve done that, you can continue to research and learn about coins, building your way up and improving your investment portfolio.

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