Coin Money
Posted in Jewellery on 12/03/2006 05:48 am by admin
Buy Rare Coins – Tips To Rare Coin Investing
The Heritage Auction Galleries’ Central States Numismatic Society Convention Platinum Night Auction has turned out to be quite a show. Besides the “King of Coins” 1804 Silver Dollar going for a cool two point three million dollars, several other incredible rare coins have gone up and been sold for some nice fetches, as well.
The legendary 1807-S Seated Dollar, the rarest regular silver dollar in existence, wound up selling for about a half a million dollars, The sixth finest known example of a 1794 dollar went for a half million as well, a twenty cent piece from 1876 went for four hundred sixty thousand, a 1794 silver dollar went for three hundred forty five thousand, and a 1795 Flowing Hair dollar sold for about a quarter million.
The total sales of the auction, as of the most recent report, came out to a nice forty five million for combined rare coin prices.
Two million for a coin may be out of the price range of many investors, but we know that there are at least a few people reading this who could easily place a competitive bid on one of the big-ticket items on show at this auction. So while the rest of us who buy rare coins, as an everyday investor may have to stick to the slightly more common coins, if you do have the money to invest in the real rarities, you’d be wise to seize upon the opportunity to do so.
Again, when you buy rare coins, they do not somehow become less rare or less valuable, so to buy rare coins is almost invariably a smart idea. If you want to know the secret of how to buy rare coins, it is simply this: Know what you’re buying, know the history, the artwork, and buy the rarest coins you can easily afford.
Between auctions, the price of a particular rarity almost always tends to go up. At times, the growth is marginal, but other times, a coin may be reassessed at a later date and turn out to be twice as valuable as it was previously believed to have been.
Of course, on the other hand, you may simply be comfortable enjoying a few good rarities in your collection while putting the majority of your coin money into the $20 Lady Liberty 22 karat gold reissues for investors. Whichever way works for you is fine. In any case, you are protecting your assets against any crisis such as a recession.
It’s certainly a good idea to get involved in rare coin collecting if you hope to build a strong foundation for your investments. And even if you can’t make it to Cincinnati every time Heritage holds an auction in the area, it’s still smart to keep up on the new developments at these auctions and bid online, as the final bids at the major auctions tend to have an impact on coin prices at large. In any event, just make sure that you have a way to keep yourself in good financial shape no matter what happens. Be it bars or coins, just know that you’re covered through this recession and the next one.
About the Author
Learn how to buy rare coins with www.Rare-Coin.org and receive your free “2009 Insider’s Guide To Rare Coin Investing.”
Show Me the Money- (children’s coin song by Jack Hartmann)
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Munchkin Math: Counting Money $14.99 Counting Money is a vital part of your child’s future. Your munchkins will have fun learning how to count money with this interactive DVD. More importantly, they will learn the value of money as well as essential math concepts that will forever be part of their lives. Wendy Miller, the creator of Munchkin Math, teaches using unique rhymes, chants and hand movements. These auditory, visual and k… |
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500 CLEAR Reclosable Zipper Bag. 2” x 2” – 2 mil thick $0.01 500 New Resealable Plastic Bags . These high quality reclosable plastic bags allow you to have the bags you use most on hand. The reclosable seals open all the way to the edges of the bags giving you full use of the interior. Each has a 2 mil thickness and measures approximately 2″ x 2″… |
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SentrySafe CB12 Large Cash Box, Black $16.29 Privacy key lock. Convenient fold-away handle. Rounded corners and a durable enamel finish. #CB-14 has a removable tray with adjustable dividers. #CB-12 has removable tray. Black. SENCB-12 SEN-CB-12 SENCB12 SEN-CB12 049074004965 4907400496… |
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The Spy Bolt Covert Hidden Contents Secret Container $16.44 The Spy Bolt is an updated and improved version of the old Soviet KGB “dead drop” hollow bolt used during the Cold War. It features an O-ring seal for weather-proof storage of small valuables, communications, etc. It has reverse threading on the bolt head for additional security. This new version utilizes a 3/4″ diameter bolt providing a larger storage area than the original. Its secret storage co… |
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Cartoon Metoo Shaped Piggy Banks $12.39 What could be more fun than shaking your money saving bank to hear the change rattle around! These Metoo piggy banks help you to collect coin together that you can save money from now on after you own it. Whether you get Metoo piggy banks for yourself or as a gift for someone else, these lovely designed unique piggy banks will put a smile on a face when you see it. What are you still waiting for? Get it home now! |
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Ceramic Cat Shaped Piggy Bank Desk Decorations $14.69 What could be more fun than shaking your money saving bank to hear the change rattle around! This piggy bank desk decoration helps decorate your daily life, also collects coin together for you, so that you can save money from now on. Whether you get piggy bank desk decoration for yourself or as a gift for someone else, the lovely designed ceramic desk decoration will puts a smile on a face when you see it. What are you still waiting for? Get it home now! |
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Choken Bako Funny Robotic Dog Piggy Bank $17.39 Usually it’s because of your pet dog that you spend money on the food, but Choken Bako, the dog actually saves money every time you feed it. This adorable bank has a unique design.This large Plastic piggy bank is adorable with its cute design. This Plastic Piggy Bank provides a whimsical means to begin your little one’s nest egg with this shining keepsake bank. This colorful piggy bank is a fun way to teach your child about saving money. Featuring a variety of colors and floral designs, this Personalized Piggy Bank is as decorative as it is functional. This animated Plastic piggy bank helps you to receive coins and bills in your daily life. This Plastic Piggy Bank is also elegantly packaged for gift giving. It is great to have this Coin Bank, with the help of it, you can save some money in your daily life. |
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Cowboy Pig Doll Piggy Bank $32.39 This coin piggy bank helps you to collect coin together that you can save money from now on after you own it. piggy money bank can save money, it is always a good habit for everyone. So innovation and unique design. The piggy bank not only is a fine ornament on the desk or table, But also a good gift for your friend. Save up for yourself! |
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Cute Gift Resin Horse Save Money Coin Bank Decorative Figures $16.69 The resin save money coin bank is made of resin material that allows a great level of detail with consistent texture. Without much effort and cost you can decorate and style your home. The resin save money coin bank looks so cute and stylish. The birthday present figurines is a very nice gift to treat yourself and you can add this item to your own collection. This old man save money coin bank will bring you luck. |
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Dakine Agent Leather Wallet (Black) $29.95 Fully constructed with leather, Six credit card slots, Flip open ID slot |
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