Tuesday 28 May 2019

Should You Buy Commemorative Coins?

There comes a point in the life of a coin collector when he/she is facing the choice of buying a commemorative coin. But other than for the history and the design of these coins, they may actually not add value to your collectibles in Vancouver. 
While coin companies might advertise these collectibles as “mints”, many of these commemorative coins are just nice to look at. 

Here are the reasons why investing on commemorative coins is not always a good idea: 

1. There is very little gold or silver used.

In some cases, there might not even be any gold or silver used. If there is any gold, it is only used on the plating. This layer is mostly thin enough that it doesn’t add anything to the value of the coin. 

2. The market for it is largely uncontrolled. 

You can’t control the kind of information that you are getting and you will be at the mercy of what the media will tell you about these commemorative coins.

3. They aren’t really rare. 

Far from it, in fact. Some of the manufacturers might even tell you there are only a few of the coins left when in fact there were already thousands of it sold.
So, what is the best choice for you? If you want to grow your Vancouver collectibles, you can try investing in numismatic coins instead. There are plenty of suppliers like J&M Coin & Jewellery LTD that will help you find genuine gold or silver and even real rare coins that are worth investing your money on.

To know more about jewelry stores in Vancouver Please visit our website: jandmcoins.com

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