How Do You Collect Rare Gold Coins?
If you have always wanted to invest in gold, collecting rare gold coins can be an excellent way to get started. Gold coins have long been a preferred form of currency, and many rare gold coins have become valuable collectors items. As with any type of investment, however, it is important to do your homework and make sure the gold coins you are purchasing are truly worth the price. Track the price of gold so that you have a baseline for the rare gold coins you plan to purchase. While a big portion of the value of gold coins is in their rarity, these coins also represent an investment in the price of gold. There are a number of ways to track the price of gold, both online and off. Financial newspapers like the Wall Street Journal publish the previous day’s closing gold price each day, while financial websites like Yahoo! Finance track the price of gold during the trading day. Calculate the pure gold value of the coins you are considering, based on the current price of gold and the weight
