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commemorative silver half dollars Information

The True Value of a Gold Coin

By Cindy Teruya

The use of coins dates back to ancient times, and they have been with humanity ever since. Coins stayed in usage even after the world adopted paper money. Coins offer a sense of permanence and history that bills lack. This is especially true of gold coins. Coins of any material that are kept safe for a long time tend to increase in worth.

Many coins no longer in circulation are of great interest to coin collectors. Also called numismatists, these collectors love old and rare coins. Gold coins are especially popular. This is because the gold coin has a high collection value, and an even higher market value. They can be worth hundreds of dollars. Certain rare coins can be worth thousands, or even millions, of dollars. American monetary history is full of rare coins in high demand by collectors. Some of the more famous coins include the gold and silver buffalo coins, or the renowned St Gaudens Double Eagle. Coin collecting is a popular hobby, so there are many sources (in the form of books and websites) supplying information about the value of specific coins.

There are many ways to get these rare coins. Sometimes, people find them lying around the house. It's easy for someone to drop a coin and completely forget about it. Of course, the collector cannot rely on finding a rare gold coin in his or her house. Auctions are another method of obtaining rare coins, though these can get quite expensive. Perhaps the most convenient way is through a website.

About The Author

Sites like GainesvilleCoins.com carry many different types of coins. This particular website is one of the most reputable, and is sure to be a great resource for any coin collector.
Gainesville Coins is a site that sells rare and valuable coins. Coins in the site collection include silver buffalo coins, and state quarters. The serious coin collector should make a point of visiting http://www.gainesvillecoins.com.

More Gold & Silver Coins Information

The Vienna Philharmonic gold coin is one the Austrian Mint first began producing in 1989 and it quickly became very popular. This coin was the best selling gold bullion coin in the world in 1992, 1995, and 1996 according to World Gold Council. Minted in 1-oz., �-oz., �-oz., and 1/10-oz. sizes, all Vienna Philharmonics are made from 99.99% pure gold. No alloyed metals are added. All coins are minted at the Austrian Mint AG, now a subsidiary of the Austrian National Bank. The Mint was established in 1194 and has remained in its current building since 1837.
Buy gold coins.

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posted by Silver Eagle Lover @ 6:56 PM