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Friday, August 08, 2008

rare gold coins mexico Bargains

Latest Numismatists Article

More Gold & Silver Coins Info

If you do decide to clean your old coins they are best cleaned with soap and a soft cloth or you can use Vaseline or olive oil and a Q-tip. These methods can remove dirt and grime while not scratching the surface. Because gold is inert, it does not tone when it comes in contact with oxygen and so a simple surface cleaning will not usually change the coin's appearance. Silver coins, including pre-1965 half dollars, quarters and dimes, will retain the same toning (good or bad), as this kind of cleaning does not remove the surface layer, but it may remove dirt, grime, and some oils from the surface of the coin.
Buy 1878 silver dollars for a great investment.

How does the silver coin's edge look? If the coin edge should be reeded, and isn't (or vice versa) this is a giant red flag, since mint errors of this type are very rare. Also, if the coin has a seam around the edge, a bit of a protrusion on the edge that could be a casting sprue, or file marks indicating a sprue or seam was removed, don't buy the coin!
Buy gold coins.

On my list of "do not buy" coins is those from the Franklin Mint and other premium collectibles mints (such as the Bradford Exchange, etc.) They are aggressive marketers who do sell genuine bullion coins (sometimes) but their coins usually do not have any after-market value among coin collectors and investors. You'll typically pay $45 plus for a one ounce silver coin that is only worth the value of its silver bullion when you go to sell it. (Silver bullion is at about $19 an ounce as I write this.)
Buy gold bullion coins.

Why clean your car's metal to keep it looking good and well preserved and not your gold or silver coins? The difference is that non-gold coins begin to tone as soon as they are minted. That is, the metal on the surface interacts with oxygen in the air, resulting in a thin layer of discolored metal. In the case of silver coins, this toning can actually add value to the coin, as some coins tone with blue, red, or even rainbow colors that collectors find desirable. Copper coins tone as well, to differing shades of red or brown, and while they are not usually as pretty as toned silver coins, they acquire an aged and natural look that collectors expect. A nicely toned coin not only looks good (in the eyes of collectors), but the tone itself can act as a preservative, keeping the rest of the coin from undergoing a reaction to the air. Coins with a good tone should never be cleaned or polished.
Buy Eisenhower silver dollars for a great investment.

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