Gold Bullion Coins vs. Silver Dollars – Which Ones are Better

If you’re starting up a coin collection simply as an investment – rather than a hobby – you obviously need to focus on getting pieces that have the highest coin value. If you’ve started doing your homework, you’ve probably heard all about gold bullion coins and Silver Dollars.

So, which ones are better? Which ones should you focus on?
It depends.

Even though they don’t come in flashy gold, Silver Dollars are like the “little black dress” of the coin world; they will never go out of style. No matter what kind of Silver Dollar collection you have, you will always have interested buyers.

That’s because Silver Dollars aren’t just made out of precious metal; they also have historic value.Silver Dollars were first created back in the late 1700’s – making the originals more like a colonial artifact than a mere coin. A history buff may be willing to pay quite a bit for an old Silver Dollar, especially if it’s in very good condition.

While gold bullion coins have their place in history, too, they are not quite the artifact that Silver Dollars are. Gold bullion coins were originally minted by various countries back in the 1800’s, so if you’re lucky, you can find some with historic value. And, coins minted in different years come with different designs, so collectors may be on the lookout for a particular design. If you can give it to them, your coin value can skyrocket.

However, the coin value of gold bullion is ultimately determined by its weight, content, and purity. The higher-quality gold you’re dealing with, the more money you can expect to fetch for them.

But how do you know if you’re dealing with quality gold?
Since gold bullion coins are manufactured by countries all over the world, you get to stand behind their guarantee. Whether you buy gold bullion coins that were minted in the U.S., Australia, China, or someplace else, you’ve got the promise of the government that you’re dealing with quality gold. It’s a promise that can fetch you some extra money when it comes time to sell your collection.

One thing to remember, though – silver is more affordable than gold. So, if you’re looking for coins that will appeal to people of all different budgets, silver may be a better choice.

Whether you pick gold, silver, or a combination of both, you can always count on coin value to go up whenever the global economy is uncertain. Your coins won’t lose their value like your stocks and real estate will!

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