Gold coin prices!

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Information about Gold coin prices!
Business

Published on October 21, 2014

Author: vvelickovic

Source: slideshare.net

Description

If you are an investor of gold bars and coins, one of the major things that you ought to decide is the value of the gold coins. The gold coin prices differ according to the quality of the gold, whether it is the numismatic gold or the bullion gold.

1. How to determine the correct gold coin prices? If you are an investor of gold bars and coins, one of the major things that you ought to decide is the value of the gold coins. The gold coin prices differ according to the quality of the gold, whether it is the numismatic gold or the bullion gold. What is the difference between the two types of gold coin? While the bullion gold coin is meant for the purpose of investment, the numismatic gold coins are meant for hobby and collections. Thus the gold coin prices also vary accordingly. The selling price of the numismatic gold is driven by factors like the popularity, history, rarity, grade, significance, condition, and also the quality of the gold. On the other hand, the selling price of the Bullion gold coins is dependent totally on the per ounce intrinsic value of gold in the market on any given day. How to determine the value of a bullion gold coin? It is to be understood and remembered that the bullion gold coin prices are a little higher than the pure gold price in the market. There are two things that you must know while determining the gold coin prices of bullion gold, the spot price of the gold and the weight of the coin. The third point that you should know is the calculation to find out the value of the pure gold in the bullion gold coin. The final step is to decide on the actual gold coin prices since the given price is actually a sum of the gold along with the manufacturing cost, distribution charges, and also the commission of the dealers etc. It is because of these additional costs that the market price of the bullion gold coins is higher than the usual gold price. Determining the price of a numismatic gold coin Similarly, depending on how rare the numismatic gold coin is, the price of the gold coin varies. The rarer is the coin, the more expensive is it. While the condition of the gold coin is checked by coin grading, the popularity is measured by its historical significance. http://www.goldeneaglecoin.com

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