Why Gold Coins Are A Great Investment

There is a lot of interest for investing in gold in the past couple of years. While gold can be a great investment, there is a better way of investing. Gold coins can be a much safer way of investing in other forms of gold for many reasons. An even safer form than gold coins is rare gold coins that were made in 1933 or the years before that.

Many investors prefer gold coins because most coins are usually alike in purity, weight, and shape. These factors allow gold coins to be traded or sold without difficulty. The fact that they are easy convertible assets makes them an effective investment. Another great quality is that in times of hardship gold coins are easily liquidated giving a person fast access to their fortune.

Rare gold coins can be an indispensable asset to an investor. In the history of the United States there have been instances where the federal government has confiscated private citizen's gold, including coins. With the national debt at its highest rate ever, there is no guarantee that this could happen again. Fortunately, federal laws have been put into place to protect citizens from this unbelievable intrusion.

United States federal law states that coins made in 1933 or coins minted in the years before that can not be seized. This means that your gold investment will be safe from being confiscated by the government. Another benefit is that that the sale of your rare coins is a private matter, does not have to be reported, and therefore it is all profit since no taxes have to be paid. Coins minted after 1933, including bullion gold coins, are required to be reported to the government if sold, and is considered a type of income which you then must pay taxes on.

Sarasota Rare Coin Gallery is a full service coin dealer that can help you receive the most for your PCGS and NGC graded coins. With over 40 years of experience they posses complete knowledge of bullion, rare coins, modern coins and sets, foreign, ancients, and paper money and will help you to purchase or sell any of these items. Sarasota Rare Coin Gallery offer confidential sales and service, along with auction representation and want lists. Call (941)366-2191 or (800)447-8778 for any questions or to place an order, or visit their showroom at 640 South Washington Boulevard in Sarasota, Florida located in the Arts and Antique Building just north of the 301 and 41 split.