Why You Should Buy Common Date Coins
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Why Buy Common Date Coins?

Published October 20, 2009

Many savvy investors have turned to coin collecting as a way to enhance and diversifytheir portfolios. Coins represent an excellent option for adding precious metals to a portfolio, notonly because it is easy to track their value over time, but also because that valuetends to fluctuate less than other investments like stocks or commodities. Whilemany coin collectors focus on rare or commemorative coins, they overlook an excellentinvestment opportunity: common date gold coins.

    ### An Overview of Common Date Coins ###

Sometimes also called “generic gold,” common date coins were produced in large quantitiesfor multiple years. Thus, they are widely available in a variety of mintage years.High-quality common date coins are also available slabbed, with certificates ofquality and authenticity from independent grading services, like the NumismaticGuaranty Service (NGS) or Professional Coin Grading Service (PCGS). Because no specificmintage year is rare, common date coins are traded based on coin type, rather thanthe date they were produced. Common date American coins include the following:

            * $20, $10, $5, $3, and $2.50 Liberty coins            * $10, $5, $3, and $2.50 Indian coins            * $1 Types I, II, and III coins

Several countries worldwide also have common date gold coins, which offer comparablevalue and remain equally popular to their American counterparts:

            * Austrian/Hungarian Coronas            *                     French Roosters            * Netherlanden Willem III Guilders            *                     British Sovereigns    ### Investment Benefits of Common Date Coins ###

Although common date coins may not be as flashy or interesting as commemoratives,common dates frequently offer a much more reliable investment option than otherkinds of coins. While these “generic gold” coins might seem rather ordinary, thatis actually part of the reason that they make outstanding investments. Common datecoins occupy a unique place in the precious metals and coin market, due to severalfavorable features that make them strong investments:

            *                     **Low premium:** There is significantly less mark-up over the bullion

price on common date coins, since they are not rare or difficult to attain. Thereforeinvestors spend their money on the gold,rather than the coin’s popularity among collectors. Unaffected by scarcity, pricesof common date coins tend to remain steady and reasonable. * High liquidity: Because common date coins are less specific,the market for them tends to remain steady. Common date coins also enjoy a broadermarket, since their appeal is not limited to a narrow group of collectors. Thisfactor makes them relatively easy to sell. * Consistent appreciation: Although the gold market fluctuateslike any other, the price of gold tends to appreciate steadily, even through dipsin the market. While the value growth in gold may be less dramatic than that ofa popular stock, the price tends to remain more consistent, making gold a saferinvestment. * Flexible purchasing quantities: New investors can start withthe purchase of a few coins. However, common date coins are also often availablein bulk, for more seasoned investors who have more experience investing in gold. * Finite supply: Although common date coins are easy to obtain,they exist in only limited numbers. No more will be minted. Furthermore, as theyage, many of these coins will lose some numismatic value. Thus, those coins in excellentcondition will be even more sought after, which will increase their value.

Navigating the complicated workings of investment options and portfolio diversificationcan be daunting and overwhelming. However, investment in precious metals, particularlythrough common date coins, is an excellent entry point for novice investors.

            *This information is provided for general reference purposes and does not constitute

professional advice. For detailed coin collecting or investing information, pleaseconsult with a professional expert.*

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