Should I invest in gold coins?

I get asked that question a lot these days. I'm never quite sure what the answer is. Before we had the US mints scattered across the country, we had lots of different places that issued their own coinage and paper money. (Think Confedrate money and you'll get the idea.) You might have been able to use a priavte firm's issued coins or paper around your neck of the woods, but outside that perimeter, no one else would honor it. But now, those coins are collectable and worth more than the face value. However, you can't buy groceries or gas with them. So invest if you like, collect if you can and check out this coin that really makes my point.

 

Comments

[Sovereign coins]

Hi,
I have been researching a lot on Gold but after reading your post i get that i want....thanks for information....

[jewellers melbourne]

You'd better try to invest some diamond.The material is hard and the price is firm.

[diamond wedding ring]

Gold coins sometimes are not the perfect products that should be invested on.What I would suggest that diamond can be a better choice,as the price of diamond won't fluctuate very often.