Posts Tagged ‘value of gold’

The Three Most Common forms of Bullion

Saturday, June 18th, 2011

While the value of gold might mean something different to investors compared to what it means to coin collectors, there is definitely one meaning that can affect the decision which anyone who is interested in gold can make. Silver and gold bullion provide several kinds of ways which gold can be bought, and just because an old coin is not in a collectible condition does not mean that it is not still valuable. The bullion will allow for the value to be in the metal as opposed to the coin’s mint or historical significance.

Bullion Types

  • Coins
  • Rounds
  • Bars (Ingots)
Gold Bullion Coins

So what are the most common forms of gold bullion that you will find today? Beside silver coins and gold coins there are bars and there are also rounds which people sometimes mistake for coins. Take silver rounds for example. These pieces are not based on face value in the sense that coins are, instead these are privately minted. This ultimately means that they will definitely not work in the open market to directly purchase goods and services in the way the coins do. For instance you know what the face value of five dollars is but the silver rounds are valued in their weight as well as purity such as .999 Fine Silver One Troy Ounce.

The silver bars and gold bars are the other common type of bullion besides coins. They are quite easy to distinguish from the silver rounds due to the fact that they are in bar shape as opposed to the more coin-like shape which the rounds happen to be in. The bullion bars will frequently have the purity as well as the maker on them for easy identification.

1oz Copper Bullion Round Enduring Freedom Liberty Bell Design
1oz Copper Bullion Round Enduring Freedom Liberty Bell Design
$4.97
 2008 US SILVER EAGLE  1 TROY OZ 999 FINE SILVER BULLION
2008 US SILVER EAGLE 1 TROY OZ 999 FINE SILVER BULLION
$17.13
1oz Copper Bullion Round Enduring Freedom Eagle Liberty Design
1oz Copper Bullion Round Enduring Freedom Eagle Liberty Design
$4.97
MERCURY WINGED LIBERTY 999 SOLID SILVER 1 GRAM COIN BULLION ROUND UNCIRCULATED
MERCURY WINGED LIBERTY 999 SOLID SILVER 1 GRAM COIN BULLION ROUND UNCIRCULATED
$1.30
1oz Copper Bullion Round Enduring Freedom We The People Design
1oz Copper Bullion Round Enduring Freedom We The People Design
$4.97
1oz Copper Bullion Round Flowing Hair Design
1oz Copper Bullion Round Flowing Hair Design
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1oz Copper Bullion Round Gates Of Doom Design
1oz Copper Bullion Round Gates Of Doom Design
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5 Gold American Eagle Brilliant Uncirculated US MINT Bullion 2014
5 Gold American Eagle Brilliant Uncirculated US MINT Bullion 2014
$275.00
1oz Copper Bullion Round Ice Age Giant Sloth Design
1oz Copper Bullion Round Ice Age Giant Sloth Design
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1oz Copper Bullion Round Incuse Indian Design
1oz Copper Bullion Round Incuse Indian Design
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Typically people however are most familiar with the coins which, as we mentioned earlier, may be not quite considered to be as desirable to collectors if they are in poor condition or are not a desirable mint. With the value of gold having been on the rise in recent years and the fact that the world economy has been in decline, there is no wonder why more people have developed an interest in bullion as a form of investment today. Many collectors have a head start in the fact that while they may already possess lots of coins which are not so significant from a collecting standpoint, they can act as a significant source for bullion which is considered to be a valuable asset today and historically.

Not knowing the Value of an Old Gold Coin

Monday, November 8th, 2010

We are familiar with that uneasy feeling not quite knowing what the value of the old coin that you are looking to buy or sell actually is. Yet keep in mind that set values are often relative to who you are dealing with, and can definitely fluctuate.

Gold Coin Value

Coin collectors know that old gold coins are basically pieces of art, and that often makes them very expensive. Scarcity and rareness of the coins often makes them even more valuable, but not necessarily always. The composition of gold coins often includes gold, silver and alloy, and this can affect their value as well. Traditionally these were the primary medium of exchange or trading.

These days, to check the actual value of an old gold coin, you may want consult some experts for an authenticated value or at least opinion. There are also reputable and credible books to give you more information on the value of the gold coin yet these can become outdated quickly.

The value of these coins basically varies based on different perspectives. If you were to ask a straight business trader, or gold buyer, they will base the value mainly on the current value of the gold. The collectors have a higher appreciation for gold coins. They are more valuable to them for their particular condition, vintage and rarity. If you plan on selling your coins, and the purpose is to make a profit on your investment, it would be wise to deal with the coin collectors and not with the traders in many instances. That is unless the coin only constitutes the value by the price of gold in weight.

Ultimately not knowing the value of an old gold coin that you buy for more than what the value actually is can be an exciting event. This has probably happened to anyone who has been coin collecting for a while. It happened to us with an old 5 dollar gold coin just recently. However on the other side of the coin, so to speak, if you do the opposite when selling it can be a real downer. Just keep in mind that the more knowledge you gain regarding the value of coins, the more likely you will be to enjoy more prosperous acquisitions and transactions.

Gold Coin Dollar Coins as Speculative Investing

Monday, April 26th, 2010

A good deal of people who are new to coin collecting will often have some really good questions about the hobby. Although most of the time these inquiries are going to be fairly similar types of questions regarding to who, what and where interests, more and more these days they refer to more of a specific investing angle. A specific reference would be gold bullion investing which has reached a premium over spot value. The values overall will always fluctuate is the main point to keep in mind, therefore any speculative investing should ultimately be left to the experts in this type of investing strategy.

Certainly gold coin dollar coins are excellent, solid and tangible assets but for those who wish to buy and sell on upward trending need to be really careful. Always remember that everything that goes up must come down sooner or later. Most experts are predicting that the upward trending in the value of gold will continue for quite some time, and the global market changes would definitely seem to be backing this perspective up. The thing is that nobody really knows when gold prices will decline. Will they decline significantly? This is simply the same type of questions you would ask about real estate or any other form of speculative investing.