How to Buy Silver Coins

July 21st, 2011 Posted in Precious Metals
Jul, 21 2011

Along with gold, platinum, and others, silver is one of the world’s most precious metals.  These precious metals are traded on the worldwide commodities market.  The price fluctuates on a daily basis.  The price of silver has been on the rise for the last decade making it one of the most sought-after metals for investment.  There are two main ways to buy silver.  You may purchase silver in the form of silver coins or silver bars.

Many experts believe that adding silver to your investment portfolio will improve its value and diversity.  Silver coins are the easiest way to begin an investment in precious metals.  When you buy silver coins, consider the most popular of the U.S. minted coins for investment – the American Silver Eagle.  This stunning coin is quite substantial in feel and in looks.  The coin measures 1.598 inches in diameter and has a thickness of .117 inches.

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The Worth and Value of Palladium

July 20th, 2011 Posted in Precious Metals
Jul, 20 2011

Palladium is fairly new to the investment scene when compared to gold.  Some new investors may not ever think of this precious metal as an investment opportunity.  However, it is certainly growing in market popularity.  Here are some fun facts as well as some hard facts about investing in this precious metal.

This metal is represented on the periodic table of the elements as Pd with an atomic number of 46.  It is silvery white in color, though it has more of a yellow hue when compared to silver.  It is also 12% whiter than the precious metal platinum.  This metal was discovered in 1803 (not as new as you thought!) by a man named William Wollaston, who proceeded to name it after the asteroid Pallas.  Pd has the lowest melting point of all the other metals listed in the platinum group.

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IRAs and the New Gold Coin Option

July 19th, 2011 Posted in Precious Metals
Jul, 19 2011

IRAs refer to individual retirement arrangements, in place to protect citizens who reach retirement age.  It would seem that all retirement benefits instituted by the government would be advantageous to citizens…er, until you consider the volatility of the stock market.  Yes, citizens can actually lose a great deal when all factors are considered.  Inflation is a risk, not to mention total financial fallout.  As for safer investment options besides the stock market?  They pay very, very little, and this is a big problem for retirees who are depending on a moderate fixed income.

Enter the gold coin solution.  The Internal Revenue Code actually allows IRA accounts to “invest” or at least hold gold, silver and platinum bullion in the form of coins.  American citizens have the right to own everything from gold Eagles to Maple Leafs to even silver Eagles and platinum Eagles.  You can own any bullion coins that have a high percentage of fineness.  However, coins that have a lower pure percentage (the Krugerrand comes to mind) are not allowed for IRA investing.

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Buy Silver Bullion While Prices Remain Stable

July 18th, 2011 Posted in Precious Metals
Jul, 18 2011

There are many reasons to buy silver bullion. One of those reasons is that as a precious metal, it is a valuable commodity to own within a stock portfolio. Silver is helpful in more industrial applications than other precious metals, which allows it to fare well whenever the demand on industrial sectors improves, specially the car industry. However, silver as a whole can be a good investment for anyone who is looking for an opportunity to profit over the short and the long term. However, because it can be volatile, it is a good idea for investors to consider all of the pros and cons of owning this particular commodity.

Often times, the only way to know if you should buy silver bullion is to take a close look at what the metal is doing within the marketplace. For the day ending in North American trading on July 8, the silver price remains rather flat. It closed the day at US $36.54 per troy ounce. You will notice that silver is one of the metals that has a far lower price value than other metals, especially gold, palladium and platinum. However, it is still a valuable investment for many investors and has, therefore, been a frequently traded investment.

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Key Dates On The Morgan Silver Dollar

July 13th, 2011 Posted in rare coins
Jul, 13 2011

The Morgan silver dollar is a very popular coin amongst both investors (they collect them for their strong growth in value) and numismatic collectors (they collect them for their aesthetic, historical and cultural value) alike.  Today you can actually find them for sale at online coin websites or through mail order companies and coin stores.

The History Of The Morgan Silver Dollar

The first Morgan Silver Dollar was minted in 1878.  Minting also took place in Philadelphia, Carson City, New Orleans, and Denver in 1921.  This coin was named after its designer, George T. Morgan.  On the front of the coin there is a portrait of Lady Liberty while on the reverse there is an eagle.  It is different than the coins that are in circulation today because it was made of 90% silver, thus it held intrinsic value.

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