Silver or Gold Coins
Is It Worth Investing In Silver Or Gold Coins?
Precious metals – that’s what makes it worth investing in silver or gold coins. At the end of the day whatever condition your silver or gold coins might be, they are still made of precious metals and these metals are still subject to increase in value over time. Investments made in silver or gold coins therefore are very, very safe indeed.
Factors Why It’s A Good Idea Investing In Silver Or Gold Coins
Older coins were made with silver or gold. Thus, if you were going to get your hands on gold or silver coins, you are going to add to your collection something historic. Newer coins aren’t made with precious metals in them. And since historic coins are something that remains and will remain valuable to collectors, you are adding more value into your collection and into your investment. Remember, demand affects prices.
Either way, whether you are investing in silver or gold coins, since you will be investing in historic coins and coins made with precious metals, you will be certain that your investment will be a stable one.
The Different Gold and Silver Coins
Having a hard time keeping up with all the types of gold and silver coins? Well, you still need to familiarize yourself with these coins if you’re planning on investing in silver or gold coins.
Coins made of a base metal and is electro-plated with a thin layer of gold. Since the layer is rather thin, the plate covering the coins can wear off in time.
Sterling silver coins are made from a mixture of pure silver and another metal. The silver is mixed with the metal to give it strength, which is important for coins.
Gold Vermeil Coins
These are sterling silver coins that have been plated with gold. Pronounced “vermay”, vermeil coins are cousins to gold-filled items. Gold-filled pieces of jewelry, for instance, aren’t really filled with gold. They are made from a base metal and covered with sheets of gold. Unlike gold-plated, however, which only has a thin covering of gold, it has a thicker covering of gold.
24K Gold Coins
Karat is the unit which measures how much gold is in an alloy. One karat is measured as one part gold (pure gold) and 23 parts of the metal alloy. A karat basically boils down to 4% gold. Thus a 24K gold coin is a coin made of 24 parts pure gold and no other metal alloy. That’s 100% gold. 24K gold coins are therefore coins made of pure gold and are very valuable.
Gold and silver are only going to increase in value in the future. Thus investing in silver or gold coins is a good idea. Add that to the reality that historical coins are always going to remain historical and very much in demand, and you’re creating a collection that will be very valuable in the future indeed.