Gold Coin Collecting as a Financial Investment
At the mention of Au, a symbol on the periodic table, we may not readily recall our high school chemistry and remember what the element Au stands for. Consequently we may not have a reaction one way or the other. However, if we mention the word gold, Au, we may react in a different manner.
Gold has always been the standard of wealth. It symbolizes affluence through the wearing of jewelry, of precious love through a wedding ring, and of wealth as demonstrated by stories of gold bullion hoarded or stolen.
In today’s market stocks rise and fall in response to economic forecasts, company performances, and world situations. The precariousness of the stock market has caused many to seek the steady financial comfort that comes with investing in gold.
One such component of gold investing is gold coin collecting. Gold coin collecting and the value of your collection are determined on the coin’s condition and their uniqueness. Additionally, there are three specific financial benefits to gold coin collecting: bringing variety to your portfolio, tax advantages, and gold’s steady value.
Portfolio
As the saying goes, “Don’t put all of your eggs into one basket.” This adage holds especially true with your financial portfolio. Gold coin collecting is financially characterized as an investment that is safe and is easily transferable into immediate cash based on its being legal tender.
As with any other investment there are risks based on market fluctuations. However, gold coins have traditionally been strong performers and have provided good returns on the investment. Through gold coin collecting you will bring diversity to your investments and add a safety net through the historical and consistent value placed on gold.
Tax Benefits
Gold coin collecting is also a legal way to defer taxation on your investment. As your return on gold coin collecting increases, your investment is not subject to taxes until those coins are liquidated. Those profits realized are then subject to capital gains taxes. In addition, there are no taxes imposed if you choose to take your gold coin collecting to the level of exchanging or trading your collection for an equal or higher valued coin collection.
Inherent Value
Gold has historically been the standard that reflects wealth, and this is true both for the individual, as well as the nations of the world. The value of gold is inherent in this precious metal.
Gold cannot be duplicated and often, when stocks rise and fall, the value and steadiness of gold remains constant. Also, gold is durable and cannot be created nor can it be destroyed; therefore, gold coin collecting is an exciting and fairly secure investment.
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Categories
Coin Collecting Home
Collecting American Coins
Starting in American Coin Collecting
Ancient Coins: An Amazing History Lesson
Ancient Coin Collecting: A Look Into Times Past
Pirate’s Treasure and Antique Coins
British Coin Collecting – A Feel of Nostalgia
Seven Canadian Coins Every Collector Should Own
Three Unique Differences in Canadian Coin Collecting
Where to Get a Coin Appraisal
Three Advantages to Coin Collecting For Kids
Coin and Currency Collecting – An Overview
Bidding in an Online Coin Auction
Three Levels of Coin Collecting
What Coin Collecting Accessories Are There?
Coin Collecting Album: Show Off Your Collection
Protecting Your Investment with Coin Collecting Cases
Coins from Coin Collecting Dealer
Coin Collecting Folder: Preserve Your Valuable Collection
Little Collections: Coin Collecting for Children
Coin Collecting Hobby – A Commemorating Passion
Coin Collecting Information Unfolds the Hidden History
Resources in Determining Coin Collecting Prices
How to Start a Coin Collection
What Kind of Coin Collector are You?
Coin Prices Are Not Coin Values
Determining Coin Value
Origin of Coins and Numismatists
What Makes a Collectible Coin?
Commemorative Coins to Add to Your Collection
Foreign Coin Collecting: A Hobby Spanning The Entire World
Gold Coin Collecting as a Financial Investment
Gold Coins Through Time
Old Coin Prices: How Much Should You Pay?
Protecting Old Coin Values
Old Coins of Ancient Greece
Buying a Rare Coin
Rare Coin Collecting: Is It For Everyone?
Don’t be Fooled by Counterfeit Roman Coins
Cleaning Your Silver Coins
Check Your Pocket Change for Valuable Coins
Gold Coin Collecting as a Financial Investment
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Saturday, February 24, 2007
Seven Canadian Coins Every Collector Should Own
Seven Canadian Coins Every Collector Should Own
Canada has produced coins of historical significance, as well as many lovely commemorative coins. This article suggests ten Canadian coins that collectors should consider adding to their collections.
The first coin is the 1947 Canadian Maple Leaf fifty-cent piece. This coin was minted as the British colonial system was crashing, and the British king could no longer declare sovereignty over India. Demand for coinage was high before the new mints could be struck, removing this title from his name. The maple leaf beside the date indicates that the coin was actually struck in 1948.
Another interesting Canadian coin to own is the 1935 silver dollar. This commemorative coin was struck to mark the twenty-fifth year of King George V’s reign. Unfortunately, he died one year later.
Still another Canadian coin collector’s item is the 1858 twenty-cent piece. This is a silver coin bearing the likeness of Queen Victoria on one side and two maple boughs and the Cross of St. Edward on the other. These coins were withdrawn from circulation when Canada introduced a twenty-five-cent piece.
World War II buffs will likely be interested in the 1943-1945 Canadian Victory Nickels. Since nickel was scarce due to the war effort, these coins were actually made from a yellowish alloy. One side bore the face of George VI, the reigning monarch, the other displayed, instead of the expected Canadian beaver, a letter V for victory with a torch in the middle. Newly minted Victory Nickels have recently been released in Canada to commemorate the end of World War II. Unfortunately, the originals of these Canadian coins are very hard to come by.
Two recent commemorative coins that stand out as collectibles are the 1998 five-dollar Titanic coin and the 2005 Terry Fox dollar. The Titanic coin, minted to memorialize the ill-fated ship, displays a tiny likeness of the Titanic under the traditional Maple Leaf. The Terry Fox coin commemorates the life of a young man who, after losing his leg to cancer, decided to run across Canada to raise money for cancer research. Unfortunately, he was not able to complete his journey. His cancer spread to his lungs, ending his life at the age of 22. The coin depicts his courageous marathon.
Mea Culpa! Canadian Coins with a Mistake
If you enjoy collecting coins with mistakes, keep an eye out for the 1911 “Godless” King George, coins with the phrase “DEI GRA” inexplicably left off. DEI GRA stands for dei gratia or “by the grace of God.” The protest was loud and immediate, and by 1912 the phrase “DEI GRA” had been returned to the coinage tools.
- Information Directory -
Categories
Coin Collecting Home
Collecting American Coins
Starting in American Coin Collecting
Ancient Coins: An Amazing History Lesson
Ancient Coin Collecting: A Look Into Times Past
Pirate’s Treasure and Antique Coins
British Coin Collecting – A Feel of Nostalgia
Seven Canadian Coins Every Collector Should Own
Three Unique Differences in Canadian Coin Collecting
Where to Get a Coin Appraisal
Three Advantages to Coin Collecting For Kids
Coin and Currency Collecting – An Overview
Bidding in an Online Coin Auction
Three Levels of Coin Collecting
What Coin Collecting Accessories Are There?
Coin Collecting Album: Show Off Your Collection
Protecting Your Investment with Coin Collecting Cases
Coins from Coin Collecting Dealer
Coin Collecting Folder: Preserve Your Valuable Collection
Little Collections: Coin Collecting for Children
Coin Collecting Hobby – A Commemorating Passion
Coin Collecting Information Unfolds the Hidden History
Resources in Determining Coin Collecting Prices
How to Start a Coin Collection
What Kind of Coin Collector are You?
Coin Prices Are Not Coin Values
Determining Coin Value
Origin of Coins and Numismatists
What Makes a Collectible Coin?
Commemorative Coins to Add to Your Collection
Foreign Coin Collecting: A Hobby Spanning The Entire World
Gold Coin Collecting as a Financial Investment
Gold Coins Through Time
Old Coin Prices: How Much Should You Pay?
Protecting Old Coin Values
Old Coins of Ancient Greece
Buying a Rare Coin
Rare Coin Collecting: Is It For Everyone?
Don’t be Fooled by Counterfeit Roman Coins
Cleaning Your Silver Coins
Check Your Pocket Change for Valuable Coins
Seven Canadian Coins Every Collector Should Own
- Resources -
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Your Complete Antiques Guide. Indepth GuideBook for those interested in buying, selling or caring for their antiques.
Comparison Shopping for antiques Comparison shopping from among thousands of antiques and collectibles.
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Canada has produced coins of historical significance, as well as many lovely commemorative coins. This article suggests ten Canadian coins that collectors should consider adding to their collections.
The first coin is the 1947 Canadian Maple Leaf fifty-cent piece. This coin was minted as the British colonial system was crashing, and the British king could no longer declare sovereignty over India. Demand for coinage was high before the new mints could be struck, removing this title from his name. The maple leaf beside the date indicates that the coin was actually struck in 1948.
Another interesting Canadian coin to own is the 1935 silver dollar. This commemorative coin was struck to mark the twenty-fifth year of King George V’s reign. Unfortunately, he died one year later.
Still another Canadian coin collector’s item is the 1858 twenty-cent piece. This is a silver coin bearing the likeness of Queen Victoria on one side and two maple boughs and the Cross of St. Edward on the other. These coins were withdrawn from circulation when Canada introduced a twenty-five-cent piece.
World War II buffs will likely be interested in the 1943-1945 Canadian Victory Nickels. Since nickel was scarce due to the war effort, these coins were actually made from a yellowish alloy. One side bore the face of George VI, the reigning monarch, the other displayed, instead of the expected Canadian beaver, a letter V for victory with a torch in the middle. Newly minted Victory Nickels have recently been released in Canada to commemorate the end of World War II. Unfortunately, the originals of these Canadian coins are very hard to come by.
Two recent commemorative coins that stand out as collectibles are the 1998 five-dollar Titanic coin and the 2005 Terry Fox dollar. The Titanic coin, minted to memorialize the ill-fated ship, displays a tiny likeness of the Titanic under the traditional Maple Leaf. The Terry Fox coin commemorates the life of a young man who, after losing his leg to cancer, decided to run across Canada to raise money for cancer research. Unfortunately, he was not able to complete his journey. His cancer spread to his lungs, ending his life at the age of 22. The coin depicts his courageous marathon.
Mea Culpa! Canadian Coins with a Mistake
If you enjoy collecting coins with mistakes, keep an eye out for the 1911 “Godless” King George, coins with the phrase “DEI GRA” inexplicably left off. DEI GRA stands for dei gratia or “by the grace of God.” The protest was loud and immediate, and by 1912 the phrase “DEI GRA” had been returned to the coinage tools.
- Information Directory -
Categories
Coin Collecting Home
Collecting American Coins
Starting in American Coin Collecting
Ancient Coins: An Amazing History Lesson
Ancient Coin Collecting: A Look Into Times Past
Pirate’s Treasure and Antique Coins
British Coin Collecting – A Feel of Nostalgia
Seven Canadian Coins Every Collector Should Own
Three Unique Differences in Canadian Coin Collecting
Where to Get a Coin Appraisal
Three Advantages to Coin Collecting For Kids
Coin and Currency Collecting – An Overview
Bidding in an Online Coin Auction
Three Levels of Coin Collecting
What Coin Collecting Accessories Are There?
Coin Collecting Album: Show Off Your Collection
Protecting Your Investment with Coin Collecting Cases
Coins from Coin Collecting Dealer
Coin Collecting Folder: Preserve Your Valuable Collection
Little Collections: Coin Collecting for Children
Coin Collecting Hobby – A Commemorating Passion
Coin Collecting Information Unfolds the Hidden History
Resources in Determining Coin Collecting Prices
How to Start a Coin Collection
What Kind of Coin Collector are You?
Coin Prices Are Not Coin Values
Determining Coin Value
Origin of Coins and Numismatists
What Makes a Collectible Coin?
Commemorative Coins to Add to Your Collection
Foreign Coin Collecting: A Hobby Spanning The Entire World
Gold Coin Collecting as a Financial Investment
Gold Coins Through Time
Old Coin Prices: How Much Should You Pay?
Protecting Old Coin Values
Old Coins of Ancient Greece
Buying a Rare Coin
Rare Coin Collecting: Is It For Everyone?
Don’t be Fooled by Counterfeit Roman Coins
Cleaning Your Silver Coins
Check Your Pocket Change for Valuable Coins
Seven Canadian Coins Every Collector Should Own
- Resources -
Antique Mall Success. Information for Antique Mall Dealer's on buying and selling Antiques And Collectibles.
Your Complete Antiques Guide. Indepth GuideBook for those interested in buying, selling or caring for their antiques.
Comparison Shopping for antiques Comparison shopping from among thousands of antiques and collectibles.
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Three Unique Differences in Canadian Coin Collecting
Three Unique Differences in Canadian Coin Collecting
The hobby of coin collecting is basically the same no matter what country you reside in or what the nationality of the coins are that you are collecting. The basics of coin collecting include buying what interests you and what is affordable. Purchased coins can have a sentimental value based on the minted year that corresponds to the meaningful year in your life. Or, in the case of Canadian history, the coins may be a commemorative set surrounding an historic event, such as honoring the queen or the Silver Canadian Maple Leaf.
However, there are some specific considerations for those involved in Canadian coin collecting. Those specific items include resources available, the history of minting in Canada, and current minting practices.
Resources
Resources that can prove to be invaluable for Canadian coin collecting are standard reference catalogues. One such catalogue is entitled The Charlton Standard Catalogue of Canadian Coins. This catalog offers a fairly comprehensive list of currency minted in Canada and will aid in determining the value of your coin collection.
History of Minting in Canada
When involved in Canadian coin collecting, it is important to understand the history of minting currency in Canada. One important fact is that Canadian coins, ranging between a dime and a dollar, when minted before 1968 were comprised with a silver consistency that ranged between 50% and 92%. In effect, these coins, based on the silver mixture, are worth more than their face value. Additional factors that may increase their worth would be the condition of the coins themselves.
Additionally, it is important, when collecting Canadian coins, to know what metals have been used in creating Canadian coins. For instance, some older nickels were made of plated steel and then progressed to a non-iron coin made of a combination alloy consisting of copper and nickel.
Canadian coin collecting also consists of knowing if coins were minted in limited quantities. Interestingly, in 1991, only 459 thousand $.25 coins were minted. This is unusual in that generally the number minted is closer to 100 million. Similarly, in 1973 there were a small number of $.25 coins minted, as well as $.10 coins in 1969.
Minting Practices in Canada
Canadian coin collecting also requires knowledge of minting procedures. In Canada it is important to check both sides of the coin. Frequently, the RCM, Royal Canadian Mint, impresses the date on either the Queen side of the coin or additionally on the Queen side of the coin.
When collecting Canadian coins you will sometimes find the letter P on the coin. This letter stands for planchets. These coins, less than a dollar in value, were converted to plated steel planchets, which is defined as a metal disc to be stamped as a coin. These coins produced varied in weight from other circulated coins. This variance in weight resulted in a challenge for the vending machine industry. Subsequently, the vending machine industry requested a special designation which allowed for them to adjust their machines accordingly. Hence the letter P was selected.
- Information Directory -
Categories
Coin Collecting Home
Collecting American Coins
Starting in American Coin Collecting
Ancient Coins: An Amazing History Lesson
Ancient Coin Collecting: A Look Into Times Past
Pirate’s Treasure and Antique Coins
British Coin Collecting – A Feel of Nostalgia
Seven Canadian Coins Every Collector Should Own
Three Unique Differences in Canadian Coin Collecting
Where to Get a Coin Appraisal
Three Advantages to Coin Collecting For Kids
Coin and Currency Collecting – An Overview
Bidding in an Online Coin Auction
Three Levels of Coin Collecting
What Coin Collecting Accessories Are There?
Coin Collecting Album: Show Off Your Collection
Protecting Your Investment with Coin Collecting Cases
Coins from Coin Collecting Dealer
Coin Collecting Folder: Preserve Your Valuable Collection
Little Collections: Coin Collecting for Children
Coin Collecting Hobby – A Commemorating Passion
Coin Collecting Information Unfolds the Hidden History
Resources in Determining Coin Collecting Prices
How to Start a Coin Collection
What Kind of Coin Collector are You?
Coin Prices Are Not Coin Values
Determining Coin Value
Origin of Coins and Numismatists
What Makes a Collectible Coin?
Commemorative Coins to Add to Your Collection
Foreign Coin Collecting: A Hobby Spanning The Entire World
Gold Coin Collecting as a Financial Investment
Gold Coins Through Time
Old Coin Prices: How Much Should You Pay?
Protecting Old Coin Values
Old Coins of Ancient Greece
Buying a Rare Coin
Rare Coin Collecting: Is It For Everyone?
Don’t be Fooled by Counterfeit Roman Coins
Cleaning Your Silver Coins
Check Your Pocket Change for Valuable Coins
Three Unique Differences in Canadian Coin Collecting
- Resources -
Antique Mall Success. Information for Antique Mall Dealer's on buying and selling Antiques And Collectibles.
Your Complete Antiques Guide. Indepth GuideBook for those interested in buying, selling or caring for their antiques.
Comparison Shopping for antiques Comparison shopping from among thousands of antiques and collectibles.
- Newsletter -
Sign up now to receive your FREE subscription to our newsletter valuable information and eCourses on Antiques and Collectibles
Name:
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Privacy Policy
Copyright © 2006 http://www.antiques-collectible-mall.com | Site Map| Links
The hobby of coin collecting is basically the same no matter what country you reside in or what the nationality of the coins are that you are collecting. The basics of coin collecting include buying what interests you and what is affordable. Purchased coins can have a sentimental value based on the minted year that corresponds to the meaningful year in your life. Or, in the case of Canadian history, the coins may be a commemorative set surrounding an historic event, such as honoring the queen or the Silver Canadian Maple Leaf.
However, there are some specific considerations for those involved in Canadian coin collecting. Those specific items include resources available, the history of minting in Canada, and current minting practices.
Resources
Resources that can prove to be invaluable for Canadian coin collecting are standard reference catalogues. One such catalogue is entitled The Charlton Standard Catalogue of Canadian Coins. This catalog offers a fairly comprehensive list of currency minted in Canada and will aid in determining the value of your coin collection.
History of Minting in Canada
When involved in Canadian coin collecting, it is important to understand the history of minting currency in Canada. One important fact is that Canadian coins, ranging between a dime and a dollar, when minted before 1968 were comprised with a silver consistency that ranged between 50% and 92%. In effect, these coins, based on the silver mixture, are worth more than their face value. Additional factors that may increase their worth would be the condition of the coins themselves.
Additionally, it is important, when collecting Canadian coins, to know what metals have been used in creating Canadian coins. For instance, some older nickels were made of plated steel and then progressed to a non-iron coin made of a combination alloy consisting of copper and nickel.
Canadian coin collecting also consists of knowing if coins were minted in limited quantities. Interestingly, in 1991, only 459 thousand $.25 coins were minted. This is unusual in that generally the number minted is closer to 100 million. Similarly, in 1973 there were a small number of $.25 coins minted, as well as $.10 coins in 1969.
Minting Practices in Canada
Canadian coin collecting also requires knowledge of minting procedures. In Canada it is important to check both sides of the coin. Frequently, the RCM, Royal Canadian Mint, impresses the date on either the Queen side of the coin or additionally on the Queen side of the coin.
When collecting Canadian coins you will sometimes find the letter P on the coin. This letter stands for planchets. These coins, less than a dollar in value, were converted to plated steel planchets, which is defined as a metal disc to be stamped as a coin. These coins produced varied in weight from other circulated coins. This variance in weight resulted in a challenge for the vending machine industry. Subsequently, the vending machine industry requested a special designation which allowed for them to adjust their machines accordingly. Hence the letter P was selected.
- Information Directory -
Categories
Coin Collecting Home
Collecting American Coins
Starting in American Coin Collecting
Ancient Coins: An Amazing History Lesson
Ancient Coin Collecting: A Look Into Times Past
Pirate’s Treasure and Antique Coins
British Coin Collecting – A Feel of Nostalgia
Seven Canadian Coins Every Collector Should Own
Three Unique Differences in Canadian Coin Collecting
Where to Get a Coin Appraisal
Three Advantages to Coin Collecting For Kids
Coin and Currency Collecting – An Overview
Bidding in an Online Coin Auction
Three Levels of Coin Collecting
What Coin Collecting Accessories Are There?
Coin Collecting Album: Show Off Your Collection
Protecting Your Investment with Coin Collecting Cases
Coins from Coin Collecting Dealer
Coin Collecting Folder: Preserve Your Valuable Collection
Little Collections: Coin Collecting for Children
Coin Collecting Hobby – A Commemorating Passion
Coin Collecting Information Unfolds the Hidden History
Resources in Determining Coin Collecting Prices
How to Start a Coin Collection
What Kind of Coin Collector are You?
Coin Prices Are Not Coin Values
Determining Coin Value
Origin of Coins and Numismatists
What Makes a Collectible Coin?
Commemorative Coins to Add to Your Collection
Foreign Coin Collecting: A Hobby Spanning The Entire World
Gold Coin Collecting as a Financial Investment
Gold Coins Through Time
Old Coin Prices: How Much Should You Pay?
Protecting Old Coin Values
Old Coins of Ancient Greece
Buying a Rare Coin
Rare Coin Collecting: Is It For Everyone?
Don’t be Fooled by Counterfeit Roman Coins
Cleaning Your Silver Coins
Check Your Pocket Change for Valuable Coins
Three Unique Differences in Canadian Coin Collecting
- Resources -
Antique Mall Success. Information for Antique Mall Dealer's on buying and selling Antiques And Collectibles.
Your Complete Antiques Guide. Indepth GuideBook for those interested in buying, selling or caring for their antiques.
Comparison Shopping for antiques Comparison shopping from among thousands of antiques and collectibles.
- Newsletter -
Sign up now to receive your FREE subscription to our newsletter valuable information and eCourses on Antiques and Collectibles
Name:
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