Investing or Selling Gold or Gold Coins in Dallas TX
Gold coins are an excellent wealth building tool that every investor should consider owning. The value of gold coins has withstood the volatility of the ever-changing market, and will continue to strengthen over the long term. If you’re investing in gold coins, silver coins, or platinum coins, now is a great time to build a coin portfolio that will only increase in value. Our Dallas gold buyers know that investment grade coins traditionally move in cycles, with periods of advance and correction closely tied to inflationary pressures.
Elements of Gold
Gold is the most malleable and flexible metal; a single gram can be formed into a sheet of one square meter, or an ounce into 300 square feet. Gold leaf can be beaten thin enough to become translucent. Gold readily forms alloys with many other metals. Native gold contains usually 8% to 10% silver, but often much more. Alloys with a silver content over 20% are called electrum. As the amount of silver increases, the color becomes whiter and the specific gravity becomes lower.
Gold is an excellent conductor of heat and electricity. Heat, moisture, oxygen, and most corrosive agents have very little chemical effect on gold, making it well-suited for use in coins and gold jewelry.
Pure gold is too soft for ordinary use and is typically hardened by alloying with copper or other base metals. The gold content of gold alloys is measured in carats (k), with pure gold designated as 24k. Modern gold bullion coins are typically 24k, although the American Gold Eagle and British gold sovereign continue to be made at 22k (historical tradition).
Modern Gold Coins
The Canadian Gold Maple Leaf coin contains the highest purity gold of any popular bullion coin, at 99.999% (.99999 fine). Several other 99.99% pure gold coins are currently available, including Australia’s Gold Kangaroos (first appearing in 1986 as the Australian Gold Nugget, with the kangaroo theme appearing in 1989), several coins of the Australian Lunar Calendar series, and the Austrian Philharmonic. In 2006, the U.S. Mint began production of the American Buffalo gold bullion coin, also at 99.99% purity.
Many factors determine the value of a gold coin, such as its rarity, age, condition and the number originally minted. Today, gold coins are primarily collected for numismatic value as collector’s items. Gold bullion coins derive their value from the metal (gold) content and, as such, are viewed by investors as a “hedge” against inflation or a store of value.
South Africa introduced the Gold Krugerrand in 1967 to cater to this market; this was the reason for its convenient and memorable gold content – exactly one troy ounce. Gold bullion coins are also produced in fractions of an ounce: typically a half ounce, quarter ounce, and one-tenth ounce.
Call our gold consultants in Dallas today and we’ll be happy to advise you on our available inventory. We handle many different investment coins, and if we don’t have what you’re looking for, we can help you get it.