Historically investors have typically turned to gold during tough financial times. The problem is many smaller investors simply cannot afford the near $1600 spot price of gold. Yet, silver offers some of the every same hedge properties that gold does. The difference is silver trades at only $29 per ounce. If you currently invest in [...]
As popular of a hobby as coin collecting has proven to be over the years, it isn’t one of the easiest hobbies for people to get into. This might seem strange at first as coin collecting essentially just boils down to amassing a large amount of coins, but finding a good starting point is something [...]
You cannot determine the price of silver bullion by looking at its monetary exchange rate. This is because it has endless value. In fact, its history actually dates back to 700 B.C. (the Iron Age). During that time an Asian kingdom by the name of Lydia used the first silver coins. Originally these coins were [...]
Gold’s current boom run is over a decade old, and the value of gold remains high. Most people think investing means the stock market. Other folks simply try to save money by placing their cash in savings accounts. Unfortunately, savings accounts don’t even keep up with inflation, and stocks are unstable. However, gold has flourished [...]
Today people have a difficult time trusting one another. In fact, it is just as rare as finding a really rare coin. This is because it is quite popular to collect, buy and sell antique, gold and silver coins. It is in this way that they are attempting to secure their future. However, getting into [...]
The Professional Numismatics Guild (PNG) is not-for-profit organization run by experts in the field of coin numismatics. The organization was founded in 1955 and has since gained a reputation for excellence among experienced coin collectors. Coin dealers are allowed to join the PNG as long as they meet many strict requirements. If you are searching [...]
If you are looking for a new hobby that offers a glimpse into the past, fascinating historical significance, along with lucrative possibilities, you may want to consider the hobby of coin collecting. Hoarding coins is a time-honored investment strategy that has been known to be a positive addition to any financial portfolio. Collecting coins is [...]
To understand the nature of gold value in China, investors benefit to learn a bit about the cultural practices and norms that can potentially impact these types of assets. China, one of the world’s largest markets for gold, celebrates its Spring Festival toward the end of January every year. Consequently, you will see a consistent [...]
Millions of people around the world enjoy collecting different types of coins and precious metals. There are so many different coins that have been produced, both in the United States and other areas around the world, which are worth having, especially if you are a collector and enjoy having these coins as part of your [...]
Recently in the news, there was a man who was sentenced to five years in prison and ordered to pay over $600,000 in restitution for pretending to be a rare coin dealer and stealing people’s coins. His ploy was to convince elderly men and women that he could evaluate their collection and then sell it [...]