best coinscoins updates

Gold coins: investment and collection

Among the ways to save and sometimes increase capital, the acquisition of gold coins has long occupied a special place. Even people who are far from collectors are increasingly investing in gold coins that have become popular: the Canadian maple leaf.

Body Tag: 980x250 billboard responsive | with lazy-loading | repeatable

the American eagle and the South African Kruger and. The names of these coins have already become a kind of brand. They have high international liquidity and are recognized all over the world. However, in addition to investment coins, collectible coins made of precious metal are of considerable, and sometimes even greater interest.

“I consider investments in gold coins to be the most serious,” says antiquary Mina Bakarasova. – And most often such coins are passed down from generation to generation. For a long time we have been watching trends in the antiques market. A lot of positions sag from time to time, but gold coins have never lost their value. True, there is one caveat. Often.

Body Tag: Rectangle top (above the fold) responsive | without lazy-loading | single use

coins are brought to us, minted in various countries. Some of their owners take unnecessary initiative by drilling a hole in a coin to use as a decoration, or making solder to wear around the neck as a pendant. However, for numismatists, coins with such defects are scrap metal. Therefore, when something similar is brought to us, we do not take it and tell the owners that it is no longer a coin.

Gold coins are brought quite often, but most of them, unfortunately, have holes or other serious defects, so we send their owners to a pawnshop. In Russia, there was a completely heartbreaking case when an extremely rare 25-ruble coin of the Russian Empire, minted in a very small circulation, was inherited by three sisters. The newly minted owners of the coin did not come up with anything better than sawing it at the jeweler into three equal parts. And this unique coin, which belongs to the museum, was practically destroyed. Instead of one treasure, they received just three pieces of metal.

Basically, they bring us coins of the Russian Empire, – continues the antiquarian, – sometimes – Austria-Hungary, less often – Soviet coins with a “sower”. All gold coins are constantly in demand. Even an inexperienced person understands that he will always sell these coins at the price of the metal. They are stable in use and in price. In almost any large city there is a group of people who will take them at an adequate price, of course, there are coins of especially rare years of issue, where the cost is already much higher than those that came out in large circulations.

Therefore, when purchasing coins, you should be careful. There is one fairly simple way to check old Russian coins. You need to try to put them on a edge (edge), the original coin will stand with a high probability, while the fakes will collapse.

Purchasing gold coins has its own pitfalls. Firstly, the level of fakes in the antique market is constantly increasing, and secondly, even genuine coins can pretty upset their owner. Well-known Russian businessman German Sterligov got burned on investment coins of the Bank of Russia. The extravagant Sterligov buried a chest with the gold coins he had acquired under an oak tree.

and when he dug up his treasure, which had lain in the ground for a short time, he saw with horror that some of the coins were covered with rust. Which, of course, contradicts the postulate that gold cannot rust. The scandal received wide publicity, by the way: the gold coins of the “George the Victorious” series rusted not only with Sterligov, but also with other investors who decided to invest honestly earned money in Russian coins. Many who consider gold one of the main investment instruments, especially during the crisis, were shocked. And the naïve

Sterligov, who believed that gold buried under an oak tree would be safer than in any bank, was forced to reconsider his opinion. Unlike modern Russian coins, those minted during the time of the Russian Empire did not stain themselves with rust, and therefore they are somewhat more trustworthy.

Kazakh gold coins are popular with investors and collectors. Moreover, due to the numismatic component, the price of some collectible coins far exceeds the cost of the metal from which they are composed. The coins of the first issues “1500 years of Turkestan” and “Allyn Adam” are in great demand. As well as later coins issued in a small circulation. For example, “Bayley Khan” from the series “Portraits on Banknotes”.

Related Articles

Back to top button