Gold
coins are of particular interest to coin collectors for three reasons.
The first reason is because of gold's long history as the primary
monetary unit of exchange, and the significance of historical events in
which gold and gold coins played a major role. The second reason is
the aesthetic and artistic appeal of minted gold coins. The third
reason is gold's role in our modern economy as a highly functional and
financially liquid store of monetary value. In fact, US gold coins
(http://www.us-gold-coins.org/US-Gold-Coins/Rare-US-Gold-Coins) are
still minted and sold by the U.S. Government.
The initial minting of golden
coins was done in the middle of the Sixth Century. They were the main
currency from then to the late Twentieth Century. The Great Depression,
which took place throughout the globe in the early 1930s caused
nations to change over to monies that were worth little more than the
materials that went into them, like paper and inexpensive metals. The
United States stopped putting out U.S. gold coins sometime during this
period.
Features of gold such as its
unique color, luster, and excellent malleability, make it a very
appealing for use making jewelry. These same properties also make US
gold coins as well as gold coins from other parts of the world
aesthetically pleasing to collectors. There are also stories behind the
designs of the coins that are a great part of world history, on top of
their value artistically.
Coins collected for their
monetary value are gold bullion coins. Bullion coins contain ninety to
one hundred percent precious metal by weight. A small, one ounce coin
can be worth several hundred to several thousand dollars depending on
the metal, and the current spot price of the metal. As such, these
coins are a dense store of financial value. Investors consider gold a
hedge against the inflation of currency without any inherent value,
such as paper money.
Along with a hedge against
inflation, a lot of investors will store a portion of their net worth
in metals like gold in order to hedge against yet another Great
Depression. Such investors will claim that modern currencies with no
intrinsic value will also lose value as units of exchange. Under such a
line of reasoning, gold coins will gain in value as units of exchange
as people flee from banks and other classes of investments in order to
find a safer place in which to store their wealth. Over the millennium,
unlike stocks and bonds and paper currency, gold has never lost value
as a unit of exchange.
Are you interested in gold
coins? You may want to consider researching the subject of gold bullion
or numismatics either online or via reference books (from the library
or bookstore). Try to avoid the crooked gold dealers, find one good
dealer from which you can buy gold bullion
(http://www.us-gold-coins.org/US-Gold-Coins/US-Gold-Bullion) or buy gold
coins (http://www.us-gold-coins.org/).
Learn more about US gold coins
(http://www.us-gold-coins.org/US-Gold-Coins/Rare-US-Gold-Coins) at the
net's premiere site covering everything related to U.S. gold coins,
US-Gold-Coins.org. Whether you're seeking to buy gold bullion
(http://www.us-gold-coins.org/US-Gold-Coins/US-Gold-Bullion) or buy gold
coins (http://www.us-gold-coins.org/), everything you need is here
including current spot gold price prices, gold related videos, and of
course, our US Gold Coins Blog!
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