Wednesday, January 26, 2011

Tips in Buying Bullion Coins

What are bullion coins? These coins may have high values because they are not only limited; but also they may have been found in shipwrecks, or they may come from the ancient times. Bullion coins are the type of collector’s items that many people look for.

The silver bullion could be the most well known type of bullion that is selling very well in the internet aside from those that are to be considered to be most expensive and valuable items in the world.

Some high priced coins that are displayed on the internet include the silver ingot. The silver ingot was said to have been found in the Spanish ship Atocha that sank in the ocean. This ship was found to contain treasures and artifacts including silver ingots. Others claim that the silver ingots were recovered from an old Colorado Mining area. Coins were found everywhere and were said to have been hidden by the miners.

The silver Maple Leaf Coins, which are officially sealed, are also popular among collectors. These coins came from the Royal Canadian Mint and include the Walking Liberty half-dollars and the dealer roll first-strike 1994 U.S. Eagles. These items were a collection of the Franklin Mint which had more than 100 masterpieces in his memorabilia.

Most bullion collectors prefer the gold billion. Some famous bullion gold coins include the gold Krugerrands, which are from South Africa. The European Gold Crowns were released from the late 1800s to the early 1900s. Other items include the Canadian Maple Leaf Coins and the United States American Eagle Coins. British Sovereigns are also seen on the internet as are the Swiss Helveteas and the French Roosters.

The awesome 10-ounce Swiss gold bar, China gold panda set, and the American eagle proof set coins can also be found and are considered to be the most seen coins on the internet. There are gold bullions found in the American Eagle set, Mixed Lots, Rounds, Bars, and any other similar categories that are found on some sites n the internet.

A type of bullion that is not well known is the Platinum bullion. It is less researched on the internet because the demand for it is not as great as the silver and gold bullions. Platinum bullions can be purchased anywhere: some of them are the French Statue of Liberty coins, Eagle sets, and the Koala Proofs. The World Trade Center has also offered some Platinum bullions like the Englehard platinum bar, crucible dish made of platinum bullion, and the Johnson Matthew Year of the Dragon coins which were recovered from the safety vaults of the building when it collapsed.

These coins can be considered as thoughtful gifts aside from their being valuable since they can be kept as a souvenir from the person who gave it. A bullion bar that features a happy birthday greeting can be a thoughtful gift for a friend’s birthday especially if the bar has the date of the birthday on it. Some people also use them for their anniversaries as their gifts to one another - they search for those bullions that have the date of their engagement or the wedding year. Some brides also ask their groom to find her 24-karat gold flakes or silver flakes as her chosen token for their wedding.

Coin collecting of this type can be very expensive, especially when buying bullions, but here are some tips that can guide a person in his search for affordable bullions.

1. A person must be sure of the type of bullion he would like to purchase before ordering or buying.

2. He must ask himself, or the person he is buying the bullion for, what bullion he/she prefers and ask if they would like to come with him when purchasing the bullion.

3. A person must figure the delivery costs and add them to the agreed price.

4. A person should be sure that the seller would contact give him a delivery for the item if they have ordered it on the internet.

5. He should never make the payments using instant money transfer firms.

6. It is important to know the seller’s background and reputation in the business.

A person can purchase any bullion that he prefers. The idea of giving bullions to a special loved one or friend can be very thoughtful and it will serve as memorabilia that will be kept throughout the years.

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