Gold coins have been around for centuries. Kings and Pharaohs have used
gold coins for gifts not for currency. Royalties gave gold coins to show
their status. The first dated gold coin was in Egypt, it was told that
Pharaohs used gold coins as lavished gifts for their friends.
Kings and Queens then followed suit with the Pharaohs with gold coins,
but they also used gold coins as currency or a method of payments. Gold
coins was dismissed as currency/money in the United States in 1933,
because people were hoarding gold coins in the Great Depression.
Today, gold coins are available for purchase for collections or
investments. Gold coin collections has had it's ups and downs. Many
collectors have struck "GOLD" when they purchase a gold coin and it
turns out to be worth "THOUSANDS OF DOLLARS".
Many rare gold coins have been passed around from generations to
generations, like the 1933 Double Eagle gold coin. The Double Eagle gold
coin was sold for $7million, most valuable gold coin in history.
Many people are now investing in gold coins. Make sure that you purchase
your gold coins thru certified dealers and mints. Sometimes rare gold
coins can be purchased from a local person.
If planning on buying gold coins invest on a secure vault/safe. Gold
coins can also be stored in your bank safety deposit box. Know what kind
of gold you are purchasing. Most importantly, if storing gold coins at
home get insurance. Having the satisfaction of owning gold coins is very
rewarding and satisfying.
Investing in gold coins can be satisfying. It gives you full control of
the investment. It's very easy to know what the price of gold is. Many
gold coins collectors/investors buy, sell and trade their investments.
There are fake gold coins that are made with shinny brass metal, so do
your research before purchasing gold coins. Comparing the color, size
and weights will give you good determination if the gold coin is legit
or fake. Thousands of people are purchasing gold coins to secure their
Gold will always be in demand. During economic hardship gold prices goes
up. The demand of gold also rises during war-time. When currency market
crashes/loses face value, people can turn to gold for purchases. Gold
was used as a leverage during the Great Depression. No matter what the
economy is going thru gold has been used.