Coin Collecting – Early and Rare Gold Coins
Collecting coins is an interesting hobby but can also be an extremely valuable investment strategy. There are many opportunities available to expand a coin collection at little cost, however if you plan to collect gold and silver coins the initial cost will be higher. Rare vintage coins may sell for enormous sums, but there are still many bargains to be had.
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Collect Gold Coins for a Gold Investment
A great way to save and make a good profit in this uncertain climate today with nearly zero interest rates, is to collect gold coins as the price of gold is always going up. In the last 5 years gold has shot up in price from approximately £230 at the beginning of 2005 to nearly £740 per ounce today. That’s an increase of over 200% for a 5 year investment, which I am sure you will struggle to find in any investment interest account.