October 30, 2009 – Many economists believe that it could take years, or even decades, for our great nation to emerge from our current recession. Some investors have decided to secure and grow their portfolios with gold coins, and these investors want to ensure that they are diversifying their funds properly. Some individuals have purchased commemorative gold coins, historic pieces with obscure backgrounds, and fractional pieces, but investors need to ensure that their physical gold investment will meet their expectations now and in the future.
Investors who seek a short-term position in the gold market typically shift into gold bullion bars and coins. The best gold coin investments for bullion buyers who seek low premiums are South African Krugerrands. Investors who want purity should choose the Canadian Gold Maple Leaf, since that coin is minted with 24-karat (0.999 fine) gold. Many American investors feel comfortable investing in US-minted gold coins, and the American Eagle is a good fit for these investors. Gold bullion investors should be aware that all gold bullion coins that are within the United States are subject to confiscation by our government, as a means to back up our dollar.
Investors who want to hold their gold coins longer than 14 months should avoid bullion coins because of their government confiscatability. The best gold coin investments for long-term investors are historic coins that have been certified by the Professional Coin Grading Service (PCGS) and the Numismatic Guaranty Corporation (NGC). US coins that were minted prior to 1933 and have been certified as Mint State by either of these two agencies meet the criteria of a non-confiscatable coin. The $20 Saint Gaudens is the most widely used non-confiscatable coin, because its numismatic value, historic highs, and long-term projections are very attractive. Contact the Certified Gold Exchange directly at 800-300-0715 to learn more about the best gold coin investments for your portfolio or retirement account.
Stewart Lawson
Senior Staff Writer - Gold-Investment.info