With the recent financial meltdowns and declining US currency, smart investors are looking for better ways for asset preservation. Gold coins are one of the most valuable commodities to protect personal wealth and offset risk, which is discovered during countless crisis situations over the centuries. Although most investors focus on US and European gold coins, Mexican gold coins, especially 50 peso, are also good asset to combat inflation.
The kind of business Mike Mezack handles annually amounts to about $100 million. It’s all about numismatic coins. He has an experience of more than 20 years within the coinmarketcap. In all these years he has sold both silver and gold coins worth one billion dollars. This is no joke. This guy has got some potential and it would be an understatement to say that he is good. In fact he is one of the best. No wonder he is known as “Coin guy”. Today he is arguably the top dealer in the modern issue silver and gold coins. He is a History student with a master’s degree.
Investing in U.S. silver coins cheaply today is a wise strategy. The timing is right because the world is in need of silver with a strong demand especially from China and India. Like gold, silver has been rising in value at a unstoppable rate.
For those of you buying coins valued at less than $250, the costs of certification will probably outweigh the benefits. It is really important to examine many coins, and ask experts your questions concerning them. Learn about the rare American coins you’re interested in, and what they should look like. Consult books or the internet.
The housing market, credit and financial markets were unraveling and losing ground fast, they were in a correction, but the ascertation wasn’t correct, wasn’t being read right because gold (the flight to quality) wasn’t confirming the “chicken little” theory that was being talked (sold) to the novice investor community. Yet the more these investors moved into gold positions, the more it’s “flight to quality” was being sold, the less traction the metal was making…. hmm! Another thing was very curious to us as we started heading for the doors, and that was the difficulty we had in getting a fair price for the numismatic coins (hard assets) we were trying to sell, a great deal of price haggling. Something we had never experienced in all our trading experience – Never!
Another way of selling your precious metal is to let your coins be auctioned. You may go to live auctions near you however, the easiest way it to post them on a reputable online coin auction.
Each product that is available through Numis is of high quality. This is an opportunity to sell coins and help make people wealthy. The products are priced at the right cost and offer a wonderful collection. It’s wonderful that this opportunity appeals to almost anyone. In fact, if you are passionate about money then you will love this chance to make more money. Collecting money is something that many people enjoy. However, collecting money seems to be more difficult in these tough times of financial difficulty. There are coin collectors all over the world, in every Country.
The longer you collect, the more you will learn. The more you learn the more meaningful will be your collection. And it will lead you down some fascinating paths.