Showing posts with label Silver American Eagle. Show all posts
Showing posts with label Silver American Eagle. Show all posts

Tuesday, October 29, 2013

A classic investment Americans Eagles silver dollars

Some people are drawn to the classics. They buy a vintage Mustang or an old Cadillac. They live in a  mid-century modern home or charming Cape Cod colonial. They're not tempted by trendy fashions, but rather lean towards timeless styles that will look as good a few years from now as they do today. The classic mindset even extends to investing. Particularly in the area of precious metals. Those with an affinity for the iconic, often choose to buy classic coins like American Eagles silver dollars.

Although the appeal of the American Eagles silver dollar, may be particularly strong among the classics crowd, many would argue that like all things classic, the appeal is actually quite universal. In fact, it isn't only financial planners and investors who are attracted to the value of American Eagles silver dollars; even the coin collector or hobbyist finds them immensely appealing. Like fireworks on the Fourth of July and apple pie, they're undeniably American, making them attractive to proud patriots too. Even children love the American Eagle silver dollar, considering that much more special than a dollar bill. If one wants to consider investing in American Eagle silver dollars, there are a few basics they should know.

When considering a purchase of precious metals, it's important to make sure the company is reputable. One might check out web sites like coin week or coin news. If the company has been run by the same person for years, like Merit Gold has, that is a sign of both longevity and stability which are equally important. An investor might choose to rely on personal recommendations for a company. Like with most referrals, this is one of the most reliable methods. Another, equally valid way to investigate a company's reputation is by looking online, asking the Chamber of Commerce. Those in the know are generally more than happy to share whatever information they might have with a less experienced investor.

Once a company has been selected, it's very important to have a reliable method of shipping or transport as well as a safe secure place for storage. Most reputable gold dealers or precious metals companies have a storage facility of their own or have a trusted relationship with an outside storage company to which they refer their investors.

For the precious metals investors who choose to collect coins, American Eagles silver dollars are only one of many exciting options. It's true that coin collectors have an appreciation for all kinds of gold and silver coins, very rarely deciding to collect only one.
 
http://www.coinnews.net/
http://www.coinweek.com/

Monday, May 20, 2013

Silver American Eagle Coins: Right Choice for New Investors?


So you've been thinking about investing for some time. You have a 401K through work, but you want to expand beyond that and you’ve been thinking about precious metals. At the same time, you are not wealthy and can’t decide if you should save-up for gold or invest in silver, now. One option you really should consider is purchasing Silver American Eagle coins.

According to Wikipedia, the Silver American Eagle coins                          
(http://en.wikipedia.org/wiki/American_Silver_Eagle) are the official silver bullion coins of the U.S. and are only offered in the one-ounce weight. They are composed of 99.9% silver bullion – that is, pure silver – and their face value is $1.00. However, their true value is in the silver that the Silver American Eagle coins contain.

The U.S. Mint produces three versions of the Silver American Eagle coins: bullion, proof, and uncirculated. If you are looking at buying these coins as an investment in a precious metal, you will want to purchase the bullion version and not pay extra for the proof or uncirculated coins.

Is silver a good investment choice? Right now and for the foreseeable future, many investors and precious metals experts think that not only is silver seriously undervalued, but that due to the fact that most silver available in the ground has already been extracted, and that there is an ongoing, growing demand for silver from industrial and technology sectors, anyone who owns silver is going to be well off. Buying the bullion Silver American Eagle coins, therefore, is an excellent initial investment choice.

However – and this is important – according to an article on Coin
Week(http://www.coinweek.com/modern-coins/the-coin-analyst-u-s-mint-sells-out-of-2013-silver-eagles-and-keeps-collectors-guessing-about-early-numismatic-sell-outs/), the demand for the Silver American Eagle coins in early 2013 has been so strong that the U.S. Mint has temporarily halted sales of these, and other, silver coins. What Silver American Eagle coins are available on the market, at the moment, are in demand. The article explains that with there being less silver available, combined with increased demand for the metal, the value of silver bullion is going to go up. How high, no-one knows, but significantly higher than present value, according to many.

If you are a new investor and have the money available, buying some Silver American Eagle coins is likely a very good decision on your part.

Research online precious metals companies, like Merit Gold, and then make your purchase; buy your Silver American Eagle coins now, before the prices rise, and you’ll likely make a very good profit off of your investment.