I Love Golden Eagles Coins And Stamps
Since beginning of time, wealth has been known to earn someone respect and a high place in the society and therefore it's no wonder that being wealthy is the ultimate goal of many.
People can get wealth from inheritance but most people have to work hard for it. Generation of wealth is different for each person as some people seem lucky and make money quickly while others have to toil for a very long time.
One way of creating wealth that the world has embraced today is investing especially in things whose value are likely to never depreciate e.g. real estate, gemstones, golden eagle coins and stamps amongst other things.
Here are the reasons as why to why I love gold coins and stamps:
1. The golden eagle coins are among the most popular form of investment in the world as they are guaranteed by the American government and they can be traded freely. The coins have a face value of $50 and their design is very specific to allow consistency and prevent conflicts.
Golden eagle coins have 22 karats of gold that must come from America only as stipulated in the law. Gold is 91.67% while the rest of the percentage is of copper and silver alloy. This is done to ensure the coins are hard wearing. The stamps usually have a lower value than the coins as they are very thin although the same percentage of metals is observed. There are also replicas of the stamps but their value is way lower of course
2. The value of the golden eagle coins and stamps is determined by many factors which include their weight. The coins come in dominations of 1/10, 1/4, 1/2 and 1 oz. market changes also affect the price of golden eagle coins and stamps and this is why investors should be watchful of market fluctuations to avoid losses. Economic policies formulated by the government also shake up the price of the gold so a wise investor is one who knows of the different ways of protecting their investment.
3. Liquidity is one of the most important aspects of a good investment and golden eagle coins and stamps offer this. The coins are accepted in major investment markets all over the globe and monitoring the value on all parts of the world has been made easier by the many websites which trade in them and offer by the hour updates of prices. The prices are also published in newspapers daily.
4. Golden eagle coins and stamps helps in diversifying one's investment portfolio and are also a good way of protecting one's wealth from economic policies that are reactionary which are usually created by the government in a bid to transfer wealth from individual to itself. The effects are usually short lived but they affect other kinds of investments more than gold.
That said research is mandatory when you chose to invest in golden eagle coins and stamps as gives you the history of prices (remember history and trends are cyclic) and also helps you compare the different prices before trading. This enables you to safeguard your investment against market changes like inflation, deflation and government policies.
Article Source: http://EzineArticles.com/8685714
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