Four Affordable Ways To Get Started Collecting Modern Coins Minted With Precious Metals

26 January 2016
 Categories: Finance & Money, Blog

If you want to have a valuable investment that you can display and show off, coins can be a rewarding investment. There are many rare and unusual coins that can make an interesting conversation piece. Modern coins can also be a good choice to start your collection and they can even be precious metals like gold and silver. Here are some tips to help you get started collecting modern coins minted with precious metals:

1. Finding Coins In Circulation With Silver Content

There are many different coins in circulation that have high silver content. Sometimes, older quarters, dimes and nickels can be worth a lot more than their face value. It pays to look at your change and keep the spare change with high silver content. One example of this is old quarters that are made of silver. Some of the nickels and dimes can also be valuable and collectable.

2. Buying Silver Coins Minted In Recent Years

Another option to get the coins you want to add to your collection is to get coins minted in recent years. Some of these can be valuable and are available from mints. There are also coin dealers that sell some of these coins that may no longer be available from the mint. Another good thing is that a lot of these coins are available for near their value in weight of current metal prices.

3. Getting Silver Coins Minted For Their Weight

Coins can also be bought for bullion, which are usually available in an ounce. There are also coins that are available in a fraction of an ounce. If you want to have the silver as an investment, this is a good option to add to your collection and have the purest silver. These coins can also come in special mints with cases and displays for you to show off.

4. Buying Gold Coins At A Fraction Of An Ounce To Start

You may also be considering adding gold coins to your collection. Most of these are an ounce and can be very expensive. If you want to start off with something a little more affordable, look for gold coins that are a fraction of an ounce, which will also be a fraction of the price of the others.

These are some tips to help you get start collecting modern coins minted with precious metals. If you need help buying or selling coins, contact a cash for gold service to buy and sell gold and silver coins.  

For a cash for gold business, contact a company such as Advance U Cash