Top Ten Reasons To Buy Gold Coins
Here now are the top ten reasons to buy gold coins and why they are one of the best investments you can make at this time:
1. You will protect your assets
Rare coins have the distinct advantage of having intrinsic value. In other words, the metal the coins are made of has worth in and of itself. The simple truth is, precious metals never go out of style. They’re always in demand. And when your precious metal is in the form of an historic rare coin, it’s even more valuable.
2. Tremendous upside potential
Right now, precious metals are far below their historic highs. And if history tells us anything, whatever comes down, usually goes back up. I can only say that the potential is definitely there. And when precious metals are in the form of rare coins, the price tends to go up farther and faster than just plain bullion.
3. Gold coins aren’t being made anymore
It’s only common sense when you think about it. Any time the world needs more gold or silver, we can just dig it out of the ground. But gold or silver in the form of a rare coin is completely different. We can’t go back in history and create more historic coins. Whatever is available is all there is. So, your precious metal is even more precious in the form of an historic coin.
4. Great Inflation Hedge
Back when I was young, a $20 gold piece would buy a high-quality men’s suit. I can now buy several high-quality suits with the same $20 gold piece. Why is that? Because paper money isn’t worth as much these days. But precious metals are. They retain their value in spite of inflation.
5. Gold Coins are Liquid!
These assets have the rare advantage of being easily bought and sold because standardized grading allows you to buy coins sight unseen. And, computerized national trading networks give you ready access to a market for your coins.
6. Protect your privacy
I remember the time when we took our privacy for granted. Those days are gone. But this is one investment no one but you and your family needs to know about.
7. You’ll protect your wealth from confiscation.
Back in 1933, the government confiscated all gold bullion and bullion coins. Federal law gives them that power in times of national emergency. But collectibles, such as rare coins with recognized collector value, are exempt. So, the next time the folks in Washington D.C. start looking to regulate or confiscate gold, your coins will not be touched!
8. No tax consequences until liquidation.
If your coins increase in value, you won’t be taxed on your profit until you sell them. And if you simply trade your coins for other coins of equal or greater value, there still are no taxes (if it’s a qualified like-kind trade). I suggest you talk to your tax advisor about this one.
9. Own a piece of history.
Many times, rare coins are beautiful works of art created by celebrated artists. But in every case, they’re an important part of their era. Holding one is like having a golden or silver moment of time in your hand, passed down from a bygone age. Because of this, they make excellent heirlooms or mementos for you to pass on to future generation such as your children or your grandchildren.
10. Less volatility versus gold bullion.
Gold coins have proven over time to actually be less speculative then the actual price of gold. It’s a proven fact.
I suggest you look into rare coins yourself. Do your own research. I think you’ll see the wisdom of buying your precious metals in this form, and remember most of these companies charge huge commissions because of the overhead incurred. With Inexpensive Gold you will not be charged excessive commissions; our spreads are very low compared to the 20-50% spreads that some of the other companies will charge. If you value your money and want to concentrate on your investments without worrying about exorbitant sales charges. then give us a call. I’m sure you will be pleased with our services.
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