Silver and Gold Bullion Coins
Collecting silver and gold bullion coins can be an investment, an insurance against market inflation as well as a passionate hobby all combined into one. Amassing silver and gold bullion coins are the easiest method for you to start owning gold and silver. Many of the bullion coin series also feature multitudes of designs, created with outstanding craftsmanship, therefore making them very desirable objects to collect.Ever since the first bullion coin is issued in South Africa in 1967, many national mints worldwide have followed suit issuing their own bullion coins series, the most popular being the British Britannia series, the Chinese Gold Panda Series and the American Silver Eagle series.
Most silver and gold bullion coins are never used in daily commerce (some bullion coins like the Krugerrand have no face value!), despite that many of the bullion coins issued today are bestowed with legal tender status in their respective country of issue, therefore making them exportable to most of the countries worldwide without being subjected to import taxes, duty or VAT. This fact makes silver and gold bullion coins a very attractive means for private gold or silver ownership. Investors often put their money in gold and silver bullion coins to balance off the effects of inflation because the value of both metals have since increase more or less consistantly for the past five years. Then again it is notable that since many bullion coin series, especially those that changes designs every year, have very limited mintage, many of them below 100,000 units per year. This results in some bullion coins fetching much higher prices on top of their market gold content due to its rarity and collectible value. Hence investors tend to look for bullion coins that have repetitive design throughout their years of issue, have substantial mintages and does not command a high premium, one such excellent example is the South African Krugerrand coin, when it was first issued, the South African Krugerrand fetch a premium no higher than 5% of its gold content, today the premium can be as less as under 1% on top of their market price of gold.
Here are some tips to start your silver and gold bullion coins collection:
1. Are you an investor or collector? This is the major factor that will influence which coins to buy and which coins to “admire only”. Furthermore, caring for rare collectible bullion coins requires more technical expertise and some considerable investment in keeping your collection in pristine condition (but well worth the price).
2. Bullion coins are not fast money earners, they are usually kept for years before even trading or reselling them. As your collection grew, investment in the safekeeping such as a hidden safe in the house or the bank deposit vault would be necessary.
3. For starters, silver bullion coins are a great idea as they come cheaper, thus you can generate an impressive collection in a shorter time (and with less budget!).
4. Focus on collecting a few types of bullion coins as starters, the marketplace can be full of counterfeit and scams, read up about the series of bullion coins you collect, knowing certain facts such as sizes, purity, designs of the coin as well as special issues (e.g. there is no such thing as a silver Krugerrand) can easily help you identify which is a deal and which is a scam.
5. When buying from your local coin dealer, take the time to check your dealer background first, are they reputable in your area? Has this dealer sold similar items before? Do they offer honest advice and friendly service?
6. When buying online, the best method is to start buying from auction first before going to individual shops, as auction website such as ebay have feedback system tracking the past sales of the particular seller, giving good indication on whether the seller provide good service, or whether they have sell similar items in the past and of course whether they provide good quality wares. And the large market place of auction websites with multitude of sellers, can give good comparison of prices of a particular coin, giving you a good grasp on how much price that this particular coin is trading at.
About the Author
Start your own stash of coins today, find out more about bullion coins at http://www.buybullions.co.uk
Chinese Panda Gold Bullion Coin | Buy Gold 1-866-775-3131
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2008 50Y Silver Proof China Panda 5 oz NGC PF69 $788.00 |
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1986-P 50Y 50 YUAN G50Y Chinese PROOF GOLD PANDA 1/2 Oz. NGC PR68 PF68 CHINA $1,385.00 |
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1987-P 25Y 25 YUAN G25Y Chinese PROOF GOLD PANDA 1/4 Oz. NGC PR69 PF69 CHINA $824.00 |
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1987-P 100Y 100 YUAN G100Y Chinese PROOF GOLD PANDA 1 Oz. NGC PR69 PF69 CHINA $2,850.00 |
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1989-P 50Y 50 YUAN G50Y Chinese PROOF GOLD PANDA 1/2 Oz. NGC PR69 PF69 CHINA $1,595.00 |
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1982 CHINESE GOLD PANDA 1/10 Oz. NGC MS69 PROOF LIKE MS-69 CHINA !! $999.00 |
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1998 25 YUAN GOLD CHINA PANDA 1/4 OUNCE~CERTIFIED~NGC MS 68~MS68~KEY DATE~SM DT $1,700.00 |
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1998 25 YUAN GOLD CHINA PANDA 1/4 OUNCE~CERTIFIED~NGC MS 69~MS69~KEY DATE~SM DT $1,700.00 |
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1999 RARE 1/10 OZ GOLD PANDA SEALED IN PLASTIC MADE IN CHINA $619.00 |
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1/10 oz gold .999 2012 Panda coin $222.00 |
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2011 Canadian Silver Timber Wolf 1 Troy Oz Coin $59.95 The Royal Canadian Mint has placed a strict and and low mintage on these coins. With the unprecedented demand of these gorgeous .9999 fine silver coins in Europe and the rest of the world, these Timber Wolf coins will sell out very fast! The Canadian Timber Wolf coin is the first coin released in the Royal Canadian Mint’s 3-year long “Canadian Wildlife Coin Series” program. The obverse of the coin… |
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2011 AUSTRALIAN KOOKABURRA 1 OZ FINE SILVER COIN in CAPSULE $66.66 NEW 2011 AUSTRALIA KOOKABURRA Silver Coin in capsule. These coins are minted by Perth Mint Australia…. |
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Bullion Coins: Bracteates, British Gold Coins, Gold Coins, Quarter Eagle, Silver Coins, United States Gold Coins, United States Silver Coins $23.99 New – Chapters: Bracteates, British Gold Coins, Gold Coins, Quarter Eagle, Silver Coins, United States Gold Coins, United States Silver Coins, Denarius, Krugerrand, Napoleon, American Silver Eagle, Libertad, Constantine Ruble, Peace Dollar, Guinea, Sovereign, Five Guineas, Alu, Canadian Gold Maple Leaf, 1933 Double Eagle, Eagle, Morgan Dollar, Canadian Silver Maple Leaf, Liudhard Medalet, Half Guinea, Noble, Gold Dollar, American Buffalo, Junk Silver, Solidus, Chinese Silver Panda, St. Gaudens D |
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Bullion Coins: Gold Coins, Silver Coins, Denarius, Krugerrand, Napoleon, American Silver Eagle, Libertad, Constantine Ruble $35.29 New – Purchase includes free access to book updates online and a free trial membership in the publisher’s book club where you can select from more than a million books without charge. Chapters: Gold Coins, Silver Coins, Denarius, Krugerrand, Napoleon, American Silver Eagle, Libertad, Constantine Ruble, Canadian Gold Maple Leaf, Morgan Dollar, Canadian Silver Maple Leaf, Liudhard Medalet, Junk Silver, Solidus, Bracteate, Chinese Silver Panda, Maria Theresa Thaler, Mancus, Vreneli, Gold Dinar, Ger |
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Bullion Coins: Gold Coins, Silver Coins, Denarius, Krugerrand, Napoleon, Platinum Coin, American Silver Eagle, Morgan Dollar, Libertad $23.99 Used – Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Pages: 71. Chapters: Gold coins, Silver coins, Denarius, Krugerrand, Napoleon, Platinum coin, American Silver Eagle, Morgan dollar, Libertad, Constantine ruble, Flowing Hair dollar, Canadian Gold Maple Leaf, Canadian Silver Maple Leaf, Liudhard medalet, Solidus, Bracteate, Junk silver, Chinese Silver Panda, Bullion coin, Maria Theresa thaler, Vreneli, Canterbury- |
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Bullion Coins: Gold Coins, Silver Coins, Denarius, Krugerrand, Napoleon, Platinum Coin, American Silver Eagle, Morgan Dollar, Libertad $21.14 Used – Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Pages: 71. Chapters: Gold coins, Silver coins, Denarius, Krugerrand, Napoleon, Platinum coin, American Silver Eagle, Morgan dollar, Libertad, Constantine ruble, Flowing Hair dollar, Canadian Gold Maple Leaf, Canadian Silver Maple Leaf, Liudhard medalet, Solidus, Bracteate, Junk silver, Chinese Silver Panda, Bullion coin, Maria Theresa thaler, Vreneli, Canterbury- |
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Coin Introduction: Moneta Nova, Coins of the Manx Pound, David Hendin, Bullion Coin, Chinese Silver Panda, American Numismatic Society $23.99 Used – Chapters: Moneta Nova, Coins of the Manx pound, David Hendin, Bullion coin, Chinese Silver Panda, American Numismatic Society, Michael Crawford, Commemorative coins of Denmark, Histamenon, Richard S. Yeoman, Dime, Mule, Chinese Gold Panda, Coin counterfeiting, Wad kaichin, Coins of Virginia, Coins of the Jersey pound, Roman Imperial currency, Sixpence, 1894-S Barber Dime, William Herbert Sheldon, East Timor centavo coins, Threepence, George Hubbard Clapp, Fugio Cent, Stater, James L. Halp |
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Coin Introduction: Moneta Nova, Coins of the Manx Pound, David Hendin, Bullion Coin, Chinese Silver Panda, American Numismatic Society $23.99 New – Chapters: Moneta Nova, Coins of the Manx pound, David Hendin, Bullion coin, Chinese Silver Panda, American Numismatic Society, Michael Crawford, Commemorative coins of Denmark, Histamenon, Richard S. Yeoman, Dime, Mule, Chinese Gold Panda, Coin counterfeiting, Wad kaichin, Coins of Virginia, Coins of the Jersey pound, Roman Imperial currency, Sixpence, 1894-S Barber Dime, William Herbert Sheldon, East Timor centavo coins, Threepence, George Hubbard Clapp, Fugio Cent, Stater, James L. Halpe |