Wednesday, November 16, 2011
Sunday, September 11, 2011
The majority who choose to try investing think basically of stocks, bonds and similar types of instruments. Many would like to buy gold bars, but are unsure of where to start. Others may wonder if they're advantageous or why they are of any seriousness, since most people aren't used to trading in metals. These bars are made from pure gold, and always have the purity and weight stamped on them. Each also has its own registration number for identification and authentication purposes. These features allow the bars to be easily identified and verified as being authentic.
When you purchase gold bars, you will realise that they can be gotten in a few sizes. Tiny bars weighing about an oz or kilo are sometimes called biscuits. Many people who own these smaller bars put them in their homes. Because of their small size, they are also easy to carry about. Massive bars, frequently called ingots, are usually stored in banks, instead of in private homes. To avoid security issues which will arise when transporting them, ownership papers are often transferred without the bars leaving their storage location. Many backers collect their biscuits and strips over a period.
These bars are refined in numerous countries around the planet. Though many prefer gold bars made in the US, there are some made in other nations that have a high value among financiers. Bars that weight in at 400 ounces are often made in the UK. Tezabi bars that are made in Pakistan have a high purity rate, and the quality is equivalent to that of gold coins employed in antiquity. There are bars originating in Switzerland that are quite famous for the holographic photographs that are placed on them. You'll find that there is a large array to select from.
If you've made a decision to buy gold bars, you'll need to find a credible dealer to buy them from. Always find out what their policies are concerning payment, buying products back and privacy. You do not want to put your trust in a dealer who doesn't follow sound business practices. It mostly helps to find out what kind of reputation they enjoy with prior shoppers. When possible , you would like to do business with an organization that has representatives available who can be reached by telephone or net chat at convenient hours. This may increase your likelihood of having a pleasant purchasing experience with a company you can do business with again.
Wednesday, August 24, 2011
Friday, July 8, 2011
One thing you will notice when you begin searching for silver coins is that they can come in the form of fine silver or junk silver. Now, when a person first hears the word "junk", it becomes very difficult not to devalue this type of silver. By thinking this way, you are in fact making a big mistake, because junk silver will still contain the actual value of silver. The reason why some silver rounds can be known as junk silver is because the design of the coin might be in poor quality. Therefore, in terms of premium value, the coin loses some value, but it does not mean that the actual price of silver will drop with these types of rounds. In fact, many people will buy junk silver rounds if they are solely focused on investing for the actual worth of silver and not the collectors' attributes of it.
The reason why junk silver rounds are so worthwhile buying is because they have such low premiums. In other words, you can purchase these coins at a price that is very close to the spot price of silver, which in turn ensures that when you do sell for investment purposes, you are in fact getting a bargain. Be very careful when on the search for any type of silver coins, as you will come across people that will try to sell you counterfeit coins. One way to ensure that this does not happen is by educating yourself as much as possible on the types of coins you are interested in purchasing. This can easily be achieved by going online and searching through many of the websites that offer this information. In fact, you will be quite surprised at just what you need to look at in order to find out what truly makes a coin authentic or fake. In the end, the whole purpose of purchasing silver is so that you can hedge against negative circumstances that could arise in your life, which is the reason why it is important to only purchase authentic silver bars or coins.
Tuesday, March 29, 2011
1 oz silver coins are made both by the government mint as well as many other private mints in USA. Those which are minted by the government are commonly called as American eagle silver bullion coin and those by the private ones are called as silver rounds. Almost both of them are made to the same exact specifications but then the finishing of the American eagles will be excellent with front of the coin with walking liberty engraved on it and the other side with an eagle with wide spread wings and stars above it. It is because of these extra works on the precisely made coin, the cost of American eagles is lot more than the generic silver rounds. Silver rounds are just plain simple coins made with silver of 99.99% purity and one troy ounce weight exactly like that of the govt. silver coins.
Coins issued by the government mint are of three types mainly, the regular silver coins which are circulated, the ones which are special edition or uncirculated limited coins and the proof coins. If you are regular investor who is interested in only the silver contained in the coin and nothing else, then you should go the regular in circulation silver coins. The special edition coins and the uncirculated coins are of interest for those who are into silver coin collection. Collectors would love to pay any extra premium to get their hand on that very rare special edition 1 oz silver coins which are specially released for a particular occasion and in limited number. Sometimes particular batches of coins which have been misprinted gets released into circulation and get discontinued immediately after finding it out. Such coins which go into circulation will have a huge demand among the numismatics. Proof coins are the regular silver coins but the image on the coin being more clear and appreciative. They got better mirror like finish and looks very attractive. This is achieved by striking the die twice or thrice on the blank coin to get a good image of the die.
Before you buy a 1 oz silver bullion coin or a bar, make sure you check for the sign of authenticity that is present on the coin. Do look for the warranty card if there is any provided with it. Check if the weight of the silver is exactly one ounce or not. With a little know how and caution you can happily invest in 1 oz silver coins and wait for the profits to knock at the door. The bells are surely going to ring as the price of silver has not seen a downfall for a very long time and there is no possible chance of going into losses.