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November 9, 2009 - Gold coin investments were considered safe-haven assets during the 1970s because they maintained and grew their value even as many of us fell flat on our faces with traditional investments. Not only in the last cycle, but in the last few years, gold coins have proven their worth as secure investments. Many wise American investors have shifted away from more volatile assets like cash, and into one of the earth’s most valued resources.

Not unlike most things, gold coin investments may not be right for every individual or portfolio. There are a few key steps that investors should take before entering the gold market. These steps are briefly explained below, but you could contact us directly at 800-300-0715 for a better understanding of the gold coin market.

1. In order to make a successful precious metal investment, it is vital to do an introspective evaluation. Decide if you want to remain vested for short-term (1-14 months) or long-term (14 months or more). You could require a different type of gold depending on how long you want to hold the metal, and investors who seek immediate profits will seek a different type than investors who require wealth preservation. Understanding the intricacies of the market, and how they can help or hurt your portfolio is pivotal in making a wise gold investment.

2. Once you know what you want to accomplish with your gold coin investment, you should research the vast number of commonly traded products. Bullion coins like the American Gold Eagle and the Austrian Corona are popular investments for short-term profit seekers, but there are a great many other options. Certified versions of historic American coins are preferable for long-term investors, because these coins are completely private and tend to appreciate numismatically and with the gold spot price. The $20 Saint Gaudens and the $20 Lady Liberty are two of the most common portfolio additions for long-term security seekers.

3. Once you have determined your investment goals and your gold coin investment, speak with a reputable gold exchange to ensure that you are making a wise purchase. Dealers that have A+, Zero Complaint ratings with the Better Business Bureau (www.BBB.org) are your best friends in this respect, because their brokers can assist you in making a sound move. Contact a reputable dealer locally or contact us at 800-300-0715 to see if you qualify for our institutional discounts. 

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Stewart Lawson

Senior Staff Writer - Gold-Investment.info