
The current low interest rates are causing many people to look for alternative investment options . Of course, stocks are always an option that can be used to quickly add to the original investment. At the same time, however, this investment is relatively risky. If you do not have the financial means to purchase real estate, for example, there is still another crisis-proof alternative available to you: rare gold and silver coins are ideal for cleverly expanding your investment portfolio.
Coin trade: That’s why it’s worth buying gold and silver coins
Investing in gold, silver or platinum coins is becoming increasingly popular. Depending on whether you choose collectible or bullion coins, there are several factors that determine coin value:- In the case of collector coins made of gold and silver, it is the rarity, the state of preservation, the origin and the In addition, market trends influence a potential increase in value.
- Investment coins are dependent on the current precious metal prices in terms of sale value and possible appreciation. Therefore, this investment is particularly worthwhile when the price of silver or gold is low.
Collector and bullion coins: What are the categories of coins?
In numismatics, a general distinction is made between collectible and bullion coins. For budding coin collectors, these terms are rarely informative. Nevertheless, these two forms have established themselves, since collecting according to gut feeling and optics is by no means purposeful. Among coin collectors, it is therefore common to collect coins from a particular material (for example, gold or silver), country, series or era. Based on these categories, you can then select your favorite collectible or bullion coins:- Collector coins: These are usually commemorative and special coins that are minted exclusively in limited quantities for specific occasions. The value of these coins is often higher than bullion coins. Basically, the more valuable the material, the higher the coin value. For this reason, platinum coins are usually more valuable than silver coins.
- Bullion coins: They are minted in large numbers and are therefore available without much effort. Therefore, the value of the precious metal alone determines how high the coin value In Germany, these coins are considered investment gold, should they be made of gold. This makes them an excellent investment for times of crisis. Nevertheless, you should note that the value of these coins fluctuates as much as the price of precious metals itself. The classics among these coins include, for example, the Krugerrand, the Maple Leaf and the Britannia gold coin.
The most famous gold coins
If you want to buy coins, it is worth investing in the most famous specimens. These include, for example, the following coins and coin series:- Gold coins from South Africa: The Krugerrand Gold
- Gold coins from North America: The American Eagle Gold as well as the Maple Leaf Gold
- The Vienna Philharmonic Orchestra
- Gold coins from China like China Panda(1982, 1 Oz)
- Gold coins from Australia the legendary Kookaburra gold coin, the Australia Kangaroo (“Nugget”).
- Gold coins from Mexico like the Libertad
- Gold coins from Russia like the ruble Tsar Nicholas II
The most popular coins from silver
At a professional (online) coin dealer like Rarecoin you will not only find gold coins. Just as in the coin store near you , you can also get here collectibles made of silver, including, for example, the- Maple Leaf Silver
- American Eagle Silver
- Vienna Philharmonic Orchestra
- Libertad (in silver)
- silver china panda
- Australian Koala
- Australian Kookaburra in silver
Buying and selling coins: how to determine their value
Whether you want to have your coins valued or buy new coins: The best way is always to consult an expert in advance. There are now several reputable coin dealersin Germany that can help you determine the value of your coin collection. Apart from that, the following characteristics will provide you with initial clues:- The first step before selling coins is to collect the most important key data. Where does the coin come from? In what year was it minted? What metal is it made of? Is it a well-known bullion or collectible coin or a completely unknown specimen?
- Before you take your coins to the coin dealer, it pays to do a little research on your own. Anything you can read on the coin could provide initial answers when researching online. Ideally, you should use coin catalogs as a guide. These also include the generally applicable prices in the purchase and sale.
- The next question is: Is there a coin dealer near you? Regardless of whether you want to sell a single specimen or your entire coin collection: You should not do without a trip to the coin store. The reason for this is that different aspects are important when selling coins. What may not be obvious to a layman will certainly strike a numismatist. Alternatively, you can have your coins inspected by a qualified online dealer.
- The rarity of the coin
- The age of your coin collection.
- The state of conservation
- The current collector demand. For example, at the coin dealer euro coins are much more in demand than those from non-EU countries.
Coin dealers near you: Where to buy coins?
A coin store can be found in almost every major city. Such a coin dealer is the ideal place for acquiring old and valuable specimens. However, there are other options that may be considered for coin buying and selling:- Online sellers like eBay: The online auction house is a popular destination for coin collectors. Here you can find both coin dealers and private individuals. If you don’t want to go to your local coin shop, the online option can be an alternative. The special thing about it is that the prices are much more transparent when buying coins here. This is not least because you can easily compare the different offers.
- Embossing sites: In addition, you can always stop by a local mint. Unlike in the coin shop, here you will receive only new issues. If, on the other hand, you want to buy gold and silver from previous years, you need to go to a coin dealer. Unfortunately, the visit to the mint is not always easy. Especially in small euro states, the purchase is often associated with a lot of effort for collectors.
- Fairs and auctions: You want to see the originals first before you decide which coins to buy? In addition to visiting your trusted coin dealer, you also have the option of attending coin fairs. Here you will usually meet a variety of qualified coin dealers.
- At the coin dealer: The classic way is still to buy your coins at the coin dealer you trust. Here you already know in advance that you can rely on the quality of the coins. In addition to buying in the store, it is also possible to order the desired copy directly from the respective online store .