Gold coins can offer valuable returns. This is particularly
true of older or scarcer gold coins, and coins that have commemorative worth. Gold
is already am exceptionally valuable commodity, adding to it the rarity and heritage
of a medallion or coin shows a significant increase in value to a collector.
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| ZAR Veldpond |
Gold coins are a tangible asset and therefore enjoy the
benefit of being portable, insurable and very liquid. The liquidity of gold
coins means they are readily available, simple to store and easy to buy and
sell. Your rare coin collection will therefore provide you with peace of mind
and a ready source of cash should you need it.
The two most common types of coins generally purchased are
Rare, precious coins & medallions, and bullion coins.
In the South African market something like the Mandela medallions are
extremely popular and have shown significant growth, depending on the supply
and demand factor.
Don't you agree... this is a beautiful medallion
with significant history to carry the legend!
Investing in gold, not just coins would give one valuable returns. It is also easy to sell should you need the money at the moment. However, one should know what kind of gold it is and its value in the market first before selling it to avoid being at a loss. You should also be cautious of whom you are selling the gold to.
ReplyDeleteLorita Littleton