Is This a Good Time to Invest in Silver, Gold, Platinum and Rhodium Bullion?

Is This a Good Time to Invest in Silver, Gold, Platinum and Rhodium Bullion?

Do you like to buy silver, gold, platinum and rhodium bullion bars and coins?

If you do, you are making a prudent investment choice for these reasons . . .

  • You know exactly what you are buying, because they are precisely measured, and issued by governments and reliable companies that are generally trustworthy.

  • You can gauge whether your bars and coins are fairly priced, because you can compare their weight to current trading prices. (Note, however, that in most cases bullion bars and coins are sold at prices that are slightly higher than current trading prices.)

  • They are convenient investments – easy to buy. Plus, they are packaged in sealed plastic containers that protect them, and which can be easily stored in safety deposit boxes, safes and other secure locations.

  • You are all but assured that the precious metals they contain are pure.

  • You can enjoy volume discounts, because many dealers will reduce the price per unit if you buy 10, 20, 50 or more at one time.

Okay, those are good reasons. But do they mean that you are making the most profitable investment possible in precious metals if you buy bars and coins? We’ll return to that question in a minute. But first, let’s consider a different question.

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History’s Most Amazing Gold Discoveries

History’s Most Amazing Gold Discoveries

When you go looking for gold, you will usually find items that contain very small quantities of it. You might find a picture frame that is covered with gold leaf, a printed circuit board that has gold-covered contact pins, or a pair of gold-plated eyeglass frames.

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Can You Carry Gold Coins and Bullion into the U.S.

Can You Carry Gold Coins and Bullion into the U.S.

Can You Carry Gold Coins and Bullion into the U.S. without Paying Duty? Be Sure to Know U.S. Government Limitations

Let’s say that you have bought some beautiful gold coins or bullion while you have been traveling abroad, and that you want to bring them back with you into the U.S. You might have heard that such items can be freely brought into the U.S. without paying duties.

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Smart Lessons from Urban Legends about Precious Metals

Smart Lessons from Urban Legends about Precious Metals

Urban legends are stories – usually untrue - that are so weird that people keep repeating them and sending them around via email. They tend to take on lives of their own – some people even think they really happened. There are even urban legends about precious metals. Here are three we have heard…

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Why Low Trading Prices Make Bullion a Better Investment Choice

Why Low Trading Prices Make Bullion a Better Investment Choice

Have you thought of investing in silver, gold, or platinum bars? If you haven’t, maybe you should. Bullion is one of our favorite precious metal investments. Bullion offers important advantages to serious investors, for a lot of very good reasons . . . 

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First Gold Coin Sells from the Greatest Buried Treasure Ever Found in America

Pixies, unicorns, trolls, and hoards of buried treasure only exist in fairy tales, right? If a friend of yours tells you to be on the lookout for any of them it’s time to get a new friend, right?

Well, not necessarily, especially if your friend is talking about buried treasure. As you have probably heard, one of the biggest hoards of buried treasure ever found was discovered in California recently.

Here’s the Story . . .

One of the cans filled with gold coins from the Saddle Ridge Hoard © Kagin's Inc. 2014. All Rights Reserved.

One of the cans filled with gold coins from the Saddle Ridge Hoard © Kagin's Inc. 2014. All Rights Reserved.

A couple took their dog out for a walk one day and noticed an old metal can sticking out of the ground on their property. They dug it up and discovered that it was filled with old gold coins that dated back to the 1800s. They then poked around the area and found eight more coin-filled cans. By the time they were done, they had unearthed 1,427 extremely rare American gold coins.

How much are those 1,427 coins worth? Impossible to say right now, because they will be sold gradually over time and gold prices will vary. But when the first coin from the treasure was sold at auction in May, 2014, it fetched $15,000. It was an 1874 $20 Double Eagle. And remember, that was only one of the many coins from the cans.

Kagin’s Rare Coins is helping the couple sell the coins they found. If you visit the Kagin’s website, you can read more about the coins and see some beautiful images of them too.

Old Coins Can Be Worth More than You Think

They can be valuable in two ways – first, as collectibles and second, for the precious metals they contain. Whether you inherited a coin collection, have some old gold coins rolling around in your dresser drawer, or stumble upon an old coin when you are out walking your dog, you could have found something that’s worth more than you think. If you call us at 800-426-2344, we’ll help you decide what your next steps should be.

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