One way to buy cheap gold coins is to find uncirculated gold coins that are reasonably priced which are only five percent over their melt value. The coins may be as high as one-hundred years old; United States minted and potentially worth a considerable amount of money.
Generally what happens first with respect to the above scenario is that the diligent investor will find the brilliant gold United States coin in perfect condition and mail it to an independent grading agency. The additional effort may increase the coin’s value significantly as persons not fully familiar with the purchase of gold appreciate the fact the coin has been graded and that it is well-packaged wherein unruly hands have not had a chance to damage its pristine condition.
Further brilliant uncirculated condition is as the words infer: The coin has not been passed on from one person to another; and the coin is in the best possible condition.
Again, in order to gain the greatest profits from cheap gold coins it’s worth it after you find gold coins online to send the coins away to a grading company. The additional action may increase your previous old cheap gold coin’s value by as much as one-hundred percent. Let’s presume you purchase your gold coin at close to melt value. You in turn send it to a grading service where it receives a grade of MS-63: the grade automatically increases the coin’s value. Further higher grades will make your cheap gold coins even more valuable. It’s a strategy you will certainly wish to entertain if you are to realize substantial profits with respect to your cheap old gold coins.
Also you may buy terrific one-hundred year old gold coins from Europe in a condition of “brilliant uncirculated” with a grade of MS-63 (once you’ve had them graded) at a small percentage over melt value. Plus the one hundred year old gold coins from Europe are a joy to own. Why are these coins so cheap? Simply because agencies with respect to grading are not as prevalent in Europe as they are in the States. Think about it: Why buy a recently minted gold coin for the same price as one of these gold European antiquities?
Now we come to the true crux of the article: Why should you buy cheap old gold coins in the first place? One reason is simply as an investment opportunity: gold coins are cheap. Gold is an investment that provides a safety net in case there is an economic crisis. No risk is involved in buying gold particularly if you are paying around five percent over the melt value for European gold coins that are also brilliant and uncirculated.
In order to buy cheap gold coins find your way to the Internet and perform keyword searches on European gold coins, American Gold Eagles, American Buffalo gold coins, Canadian Maple Leaf gold coins, Chinese Lunar Animal Gold Coin Series and Panda gold coins for starters. Read about what makes the named gold coins unique.
Gold coins further are more affordable than most stocks. Again, the best place to start is to perform some research online as noted above. Also visit your local newsstand or popular retail bookseller and purchase a publication devoted to gold coins. Inside the publication you will find dealers’ websites as well as toll free numbers where you may ask questions with respect to gold coins and place an order.
Secondly, the next step as it is preferable you’ve received the coin in raw mint condition is to get the brilliant uncirculated gold coin graded. Many coins however available for purchase have already been graded. Regardless if you have a coin coming from a mint in brilliant uncirculated condition then send it along to a good grading service. Otherwise, if the coin has been graded and you like the series you may simply wish to purchase the collection.
Cheap gold coins may be ordered and shipped insured. Online ordering is easy and you may charge the purchase to your credit card. In summary, you will not be able to find a more safe or reasonable investment.