Investing in Gold Coins is Safe and Fun

Investing and collecting gold coins can be an interesting and quite profitable hobby for you or your whole family. If you are a savvy collector very special pieces can be found in a wide array of price ranges and places. Buying from a specific dealer or reputable store is almost always the best place to start, but other possibilities can certainly arise. Investing in gold coins can be a fruitful venture, but there are many things to keep in mind when getting started.

The first thing you need to decide is what kind of gold coins you are going to collect. Maybe you would like to collect American Eagle gold coins to start. Another viable option would be start with some of the less pricey coins that are one twentieth of an ounce instead of the traditional one-ounce coins.

The next thing that you might want to decide is if you would like to buy just individual coins or entire sets. While entire sets are often quite pricey they are usually worth the money, as they tend to appreciate in value greatly over the years. It can be more fun, however, to collect individual coins and try to find that diamond in the rough with your son, daughter, grandson or granddaughter. Spending quality time with loved ones participating in a shared interest is always a good investment.

A third decision that you might want to make is what country you would like to buy coins from. Maybe you would like to invest in ancient coins from Rome or Greece. It's possible that you have family from a certain place in the world and you would like to buy coins from there. Maybe you would prefer to invest in more modern day Canadian Maples or South African Kruggerands. A good place to start, and a path that many collectors and investors take is that of the American Eagle gold coins.

The American Eagle gold coins were first issued by the United States Mint in 1986 and over the years have became the #1 most collected gold bullion coins in the world. One of the major advantages to buying an authentic American Eagle gold coin is that they are minted by the United States government, guaranteeing you are buying a coin whose weight, content and purity are scrupulously kept within stringent standards. These coins oftentimes hold their value quite independently of the stocks or bonds market and are easily made liquid, making them a savvy investment.

So whether you're in it to make money or you just want to find a nice hobby to spend some more time with your kids, gold coin collecting might be the perfect fit for you.