AUTHOR: CAROL MOORE
Increase the worth of your portfolio by investing in gold Saint Gaudens coins
If you are a coin collector, then gold Saint Gaudens coins might well be a precious inclusion in your investment portfolio. Gold Saint Gaudens coin has its own story. Gold Saint Gaudens coins were produced by United States of America to beautify American coinage. These coins were minted primarily for the purpose of international trade and served as money at that time. At the end of WWII, lot of U.S old gold coins moved to Europe through the conversion of dollars to gold. The production of these coins was stopped after 1933, but it is still considered as a priced possession by many. Almost all old items, especially old gold coins have more value in the market. There are many best known old U.S gold coins, such as: Liberty coins, and Indian head type coins. Some people collect old gold coins as a hobby, whereas others invest in gold coins to add market value to their portfolio of investments. If you are selling old gold coins, it certainly needs promotion and advertisement, gold Saint Gaudens coin was known to pick up premiums during periods of heavy promotions. French rooster coin is the most sought after gold coin by coin collectors and gold investors across the globe for its quality, design and beauty. Both sides of a French rooster coin are depicted with signs of French nationalism. Similar to gold Saint Gaudens coin, French rooster coin also cost much more due to the presence of gold. If you are investing in gold Saint Gaudens coins or French rooster coin, you would come across a term called coin grade. Coin grade is a major factor that determines the price of a gold coin. Coin grade is nothing but determining the weariness and roughness of coin. The more a coin has worn out, lower its value. Grading significantly affects the invested value; some times buyers cannot detect the grading of coins. Professional Coin Grading Service (PCGS) was launched with a sole purpose to grade coins by charging a grading fee. On the other hand, old gold coins also take enough time to liquidate. If you are not careful, then investing in overpriced coins can make almost half of the invested money instantly vanish. Dealing with old gold coins is quite risky and requires patience and practice. Gold Saint Gaudens coin like French rooster
coins contains an ounce of gold along with other metals to make it hard. The current price of gold Saint Gaudens coin is in the range of $1500 per coin.