Which coins are better to collect, rare gold or silver?
At Goldcoast Coins, we continue to believe collectors should focus on both gold and silver rare coins. One is not better than the other. Both should do well over a period of years, mainly because of a shrinking supply coupled with a surging demand. However, keep in mind that gold and silver coins will also benefit strongly when the gold and silver prices of these metals move higher. At this time, growing worries and rising demand have fueled the value of an ounce of gold to its highest in 28 years. Silver’s spot price per ounce is also rising. Rising gold prices are being supported by India becoming more prosperous, and of course, Indians love gold. China, too, is getting more middle-class rich, and the Chinese are permitted to own gold as of last year. It’s no wonder then, that a growing number of U.S. collector/investors are planning to include at least a 5% diversification in precious metals and rare coins. In addition, it offers a fine opportunity to add gold and silver coins to th
