Investing in gold bars and coins? Pros and cons to know
Just like any other investment option, physical gold has its advantages and disadvantages. Investing in gold is a useful way for investors to protect their wealth and safeguard their portfolios from losses — no matter what the broader economy looks like. And the most straightforward way to invest in gold is buying physical gold, or […]
Beware the pitfalls
Treachery, Fraud, Scams, Cons, Rackets, Swindles, Hoodwinking, Chicanery, Flimflammery and Bamboozlement!In the precious metals sector most of the dealers are honest, hardworking people. However, there are a lot of cons and scams to watch out for. I have condensed a few of the best, most creative cons, to give you an idea of what to […]
The Royal Mint honours the Queen one last time
The Royal Mint has decided on the way forward with regard to the final design of the 2023 British Silver Britannia. For a limited time only, the Royal Mint has decided to launch a limited number of Britannia coins with the effigy of Queen Elizabeth II. The minting and production of this version of the […]
Coins and coin jewellery: their valuation and how to identify counterfeits
VALUE FACTORS It is important to note that age alone is not an indication of coin value. Three factors, rarity, demand and condition combine to give a coin its value. Rarity is the most important factor. This is determined by the number originally minted and how many coins survived. Without demand for the coin, rarity […]
Superficial scratches on coins
If scratches on your bullion coins don’t bother you, you are in the minority. Most investors object to even a small surface abrasion. Surface scuffs and scrapes will almost certainly affect the value of a coin for collectors of numismatic or rare coins. But what about silver bullions coins, rounds, and bars such as silver […]
The Birth of Coin Money
Coinage as a technological development came to the rescue in Lydia (an area of the Mediterranean region that today is part of Turkey) around 600 BCE, and was soon adopted throughout the Persian Empire and by the Greeks. For the first time in history, dies were manufactured to impress images onto various disc-shaped objects made […]
The global standard for gold coins
Article courtesy of Farmer’s Weekly People know that the world’s first heart transplant was performed in Cape Town by Dr Chris Barnard, but do they know that other South African inventions include the CAT scan, Q20, Kreepy Krauly, and a unique wealth preservation vehicle, the Krugerrand? The first Krugerrand was minted in South Africa in […]
