Which Precious Metals Are Best for Your Investment Portfolio?
Precious metals are a great investment because they’re not as volatile as the real estate or stock markets. If you want the very best portfolio, you’ll need to invest in these two types of coins:
1. Gold bullion coins
The price of gold has been skyrocketing for years, and it’s not expected to slow down anytime soon. So, if you want the very best investment portfolio, you’ve got to have a collection of gold bullion coins.
Why coins?
Bars are prohibitively-expensive for most people. Plus, they can’t be divided up. With coins, if you ever need to sell off part of your collection, you can just sell a few coins — rather than selling an entire bar. As an added benefit, you’ll get attention from both gold-lovers and coin-lovers alike!
But what about the price?
As you might expect, gold bullion coins can be the most expensive out there. If you’re dealing with a limited budget, your best bet is to find coins that offer you the most bang for your buck.
How do you do that?
Shop wisely. First, look for coins that are backed by governments — instead of gold bullion coins that just happen to look “pretty”.
But don’t just look for coins backed by any country. If you can, buy gold bullion coins that come from the U.S., Mexico, Canada, Australia, or China. Those countries typically offer the highest-quality gold at the best price.
2. Silver dollars
As great as gold bullion coins are, they’re not the only precious metals you should invest in. After all, not everyone can afford gold. If you ever need to sell your collection, you’re severely limiting the number of prospective buyers if you just have gold. Silver is a much more affordable option, and, in some cases, it can be even more valuable than gold.
How is that possible?
Because silver dollars are very popular!
If you can build up a solid collection of silver dollars, you’ll never have any trouble selling them if you have to. Silver dollars are like the little black dress of the coin collection world — they may not be flashy, but they’re always in style. They can make the most veteran of coin collectors salivate!
What makes for a great silver dollar?
Look at the historical value. Some silver dollars were minted to guarantee the U.S.’ silver market. Others were minted but never circulated. Others were minted to commemorate major historical events, or to honor major historical figures. By getting silver dollars with a unique story behind them, you can dramatically increase the value of your coin collection!
Ready to make coins part of your financial picture? Get trustworthy, quality service from the team at Golden Eagle Coins!