| If you are a collector of gold coins, you probably | | | | this is a well known scam. Insist on delivery. Buy |
| already know everything there is to know about | | | | the insurance to cover your investment while it is |
| this hobby or investment. If you are just | | | | being shipped. |
| beginning, then there are certain things that you | | | | Storing Gold Coins |
| need to know about your collection. | | | | If you have a very small collection, you may not |
| Gold is the single most valuable resource available | | | | be very concerned about how it is stored (for |
| world wide today. It never decreases in value, | | | | now). However, if your collection is becoming |
| and it is predicted that it will double in value over | | | | extensive, you need to consider storage options. |
| the next several years. You really can't say the | | | | You can keep your coins in a catalogue of sorts, |
| same thing about putting your money in the bank. | | | | which is simply a binder with plastic sleeves that |
| You may get a small percentage of interest on | | | | hold your coins. This way you can easily view and |
| your currency investments, but that is subject to | | | | examine your collection. If you have many very |
| income tax. | | | | valuable coins, you should consider a secure safe |
| Purchasing Gold Coins | | | | or a safety deposit box. |
| Always seek out gold coin dealers who are | | | | Handling Gold Coins |
| certified by either the Professional Coin Grading | | | | Gold coins should be handled with cotton gloves, |
| Service or the Numismatic Guaranty Corporation. | | | | or at the very least, by their edges. Oils from |
| This is your assurance that you are not being | | | | your skin can alter the look of the coins or |
| scammed. Good sources for your purchase | | | | degrade them over time if they contain any |
| include a traditional and physical coin dealer where | | | | alloys. You will also want to minimize the chance |
| you can probably get some sound advice from a | | | | of them being scratched. Scratches on coins can |
| knowledgeable salesman. There are auctions, | | | | decrease their value. It is not recommended that |
| where you may get a pretty good deal, | | | | you polish your coins. Handling them as little as |
| sometimes even less than market value. Lastly, | | | | possible is the best course of action. |
| there are online sites, but you need to be extra | | | | As your collection grows, you can rest assured |
| cautious when you make a purchase online. Do | | | | that you are making a very sound investment in |
| not allow the dealer to "hold" your coins for you, | | | | your future. |