Historically, precious metals (primarily gold and silver) even today remain an absolute tool for preserving and increasing capital. From time immemorial biblical times, where the mention of gold and silver is found everywhere, their importance as an investment resource has not diminished in the 21st century. In our time, investing in gold and silver is taking on a new meaning, especially in an era of global economic instability, the devaluation of most world currencies and the rapid development alternative ways investment of money. At the moment, the world market of precious metals, after a recession and stagnation of the last few years, is on the verge of a long investment boom, which will be accompanied by a fairly strong uptrend over a period of several years.
Will precious metals rise in price - what will this be connected with and when should we expect it?
It is impossible to get an exact answer to this, since gold, silver and platinum are financial instruments that, like all others, are subject to the influence of many fundamental economic factors, such as:
- Expansion of the general monetary base in all the leading economies of the world, or devaluation
- Demographic processes that are directly related to population growth, and, accordingly, the demand for reliable investment resources
- Growing gap in economic welfare between the countries of the "golden billion" and the developing economies of the third world,
and hence the intensification of crisis phenomena in various regions of the planet.
- Demand for precious metals from high-tech industries of the world economy for use in the areas of space and robotics, the production of supercomputers and biotechnology.
These factors are not exhaustive, but, in any case, make it possible to assess the overall picture of factors that can have a direct or indirect impact on the price of precious metals.
If approached from a more practical standpoint, then, using the methods of the simplest economic analysis, you can find a more objective confirmation of fundamental factors. If you look at the gold price chart for the period from 2007 to 2015, you can see that the previous maximum for it was in 2011.
What was it about? There are many reasons for this, but the main one can be considered the period of artificially lowering the value of the dollar, which began in the 2008 crisis. The program launched by the US Federal Reserve (an American analogue of the central bank) to inject money into the economy to stimulate its rapid recovery from the crisis caused a sharp increase in the cost of all metals and raw materials. And as soon as its gradual curtailment began, the cost of gold went down sharply. The ongoing process of dollar appreciation is unlikely to take place for more than 1-2 years, and then a new super trend of growth in the cost of precious metals will begin again.
The main ways of investing in precious metals, types of assets and their characteristics
In Russia, as in most other developed countries, the precious metals market and its infrastructure are fairly well developed.
For those wishing to use this method of investing or preserving personal capital, there are the following forms of precious metals admitted for sale to the consumer:
- Gold and silver bars. An asset with absolute liquidity, easy to handle, versatile. The main disadvantage when buying or selling is that the bank charges VAT (18%).
- Investment coins. With the purest content of gold or silver. They have a wide application. VAT is not charged when applying. The investment coin "George the Victorious" is in the greatest demand
- Collectible coins. Their main advantage, in addition to being made of precious metal, is their uniqueness, high artistic and collection value. As a rule, they are issued in small editions, and they are dedicated to some significant historical dates or events.
As an example.
Investment coins "Rosselkhozbank" offers to buy a certain thematic focus
International Polar Year
Yaroslavl (to the 1000th anniversary of the founding of the city)
Gazprombank dedicates investment coins sold by it to topics related to significant cultural events of the country 100th anniversary State Museum fine arts them. A.S. Pushkin in Moscow
- Investment coins of foreign countries. They can be freely bought and sold on the territory of Russia as collectibles.
Russian banks do not sell them, but several large specialized stores handle them. For instance. Investment coins "Derzhava" as one of the largest dealers in this market are presented in the company's online catalog.
In particular, for example, there are investment coins of the National Bank of Kazakhstan:
golden leopard
The United Kingdom is also well represented, investment coins of which are in great demand and have the highest liquidity in the world.
gold bullion coin
The list of investment coins, companies and banks selling them can be supplemented with many more types and types. The main thing that should be clear to the future investor is that there is always a choice and it is worth spending some time to choose the most worthy one.
Advice. When buying investment coins from individuals, one must be especially careful, since bullion coins, as well as gold bars, have learned to counterfeit well. You can always check either with banking experts or jewelers (for example, at the Assay Office). It is better to spend some money and time than to be left with a bar of gold with lead or titanium (sometimes tungsten) inside, or a brass coin.
Practical recommendations for handling investment coins
Bank investment coins for all their obvious positive properties require a special approach and handling in order not only to preserve their personal capital, but also to increase it.
Below are a few practical advice, which can help to make transactions with precious metals and coins in particular correctly and profitably:
- Purchase cost. It consists of the following items.
- The exchange rate of gold or silver. However, banks that sell investment coins increase or decrease the price depending on market conditions and can set it arbitrarily.
- The commission that the bank adds to the total value of the coin. Usually it rarely exceeds 6-8%
- The difference between buying and selling a coin (price spread) can be several percent or even more. Therefore, attempts to play on price fluctuations in the short term will only lead to losses. The most expedient horizon for investing in precious metals and products made from them is at least 3 years.
Advice. When buying a coin in a bank, a corresponding certificate for it must be provided, and it is also necessary to carefully check the coin by external examination for scratches, cracks or other defects.
- Sale of investment coins. As a rule, it is carried out either by the bank where it was purchased, or by another credit institution or company.
It is worth remembering that the purchase of investment coins by banks is a rather difficult procedure.:
- In the event of damage or even small scratches the bank will offer the purchase at a much lower price.
- If the bank has doubts about the quality of the coin, they may request the result of an examination for quality or simply refuse to purchase
- Buying domestic coins by foreign banks is also not easy, as it may seem. If it is relatively easy to sell investment coins "George the Victorious" in European banks, since there is experience of their circulation in Europe, then, say, in America or China, the buyer - the bank will request a significant discount.
In conclusion, it is worth noting that the purchase of investment gold or silver coins is always profitable (even despite fluctuations in the value of the market), since the main factor that works on their side is time. And time, as you know, is priceless.
"Golden Mint House" not only sells coins, but also buys them. Often clients are asked to prove the authenticity of coins. I was taken to a small office with office desk. Shining yellow and white diamonds lie scattered in front of master Ruvshan: “235 pieces of 0.01 carats,” says the master.
Before starting work, he puts on gloves so as not to leave fingerprints on the gold. There are standards and criteria for the diameter and weight of coins. Therefore, first the coin is checked for them.
“Try to put a coin on its edge: the original always stands firmly,” Ruvshan tries to put the experimental coin straight for about ten seconds, but he fails. “Genuine coins can always be edged,” he explains. Then we check the coin by weight on the scales: the standard weight of the Nicholas coin is 8.6 grams. The experimental coin weighs 8.54. “Yes, old coins may have a deviation in weight due to wear, but not so big - 8.59–8.58 is still acceptable,” says the master.
“If you want, you can come to us with your own kitchen scales,” Alexey adds.
Often, for fakes, metals are taken that are similar in parameters to gold. The metal is poured inside, and wrapped in gold on top. Such things are checked with a touchstone ( glass with a rough surface that rubs against metals. - Approx. Rusbase). Ruvshan lightly "stripes" the coin on the touchstone, and it leaves a thin mark. Then he takes special acids and drips from the test tube onto the strip. It does not change in color: “Not gold and gold of the lowest standard immediately give a reaction: they begin to blacken, burn and smell specifically.”
Large jewelry can be sawn (most often this applies to ingots). But this method is used infrequently, since gold is seriously deformed. “Scammers can pour tungsten into large ingots so that the buyer cannot distinguish a fake by weight. Gold can be counterfeited. First, we check the object - and if we notice that the conductivity parameters do not match, we warn the client that we will crack the metal. As a rule, scammers refuse, since this method 100% shows a fake. It happens that customers themselves do not know about the fake. Truth, last time this was five years ago,” recalls Alexey.
Another way to check is to use the law of Archimedes. The coin (or product) is weighed. A container of water is weighed. Then, on a fishing line or thread, the product is lowered into a container of water. The weight is recorded. The dry weight is divided by the weight in water. The value is compared with the metal density table.
“I am self-taught, I studied everything for two months. Before the Golden Mint House, I worked in several gold companies. In the first, I checked 20-30 kg of scrap per month for authenticity. There are no special courses for my skills. But pawnshops have courses for those who accept gold, - says Ruvshan. - It takes skill. Sometimes people bring perfect coins. There was a case when four people looked at a coin under a magnifying glass, and I noticed a small speck the first time without a magnifying glass. Probably this is intuition. "
During the period of unstable situation in the financial markets and in the national economies of most states, it became the reason for the reorientation of investors from investing in foreign currency towards reliable investments. These are investments in gold, which has grown in price by 28-29% since the beginning of this year.
At the same time, investments are made mainly in investment coins, and not in bullion. It makes sense to figure out what is the reason for such popularity, and in what kind of metal money it is worth investing your savings.
Investment coins at the peak of demand - why they are more profitable than ingots
Investment coins are banknotes, which are made of precious metals of the highest standard and are used exclusively for saving and increasing money.
The preference of Russian numismatists, who are inclined in favor of acquiring golden and silver pieces, is quite justified:
- Firstly, when buying bullion in Russia, VAT (18%) is charged, such tax requirements do not apply to coins;
- Secondly, an ingot can be purchased at a commercial bank and kept on the account of the same financial institution. VAT is not charged in this scenario, but the option itself looks unreliable, especially during a crisis.
The situation is similar in many other countries. As a result, there is a significant demand for investment coins in the financial market, which has forced the governments of some countries to even start minting additional issues.
What coins should you buy today?
Many investors who first decide to invest their savings in investment grade banknotes are wondering: which is more profitable - silver or gold? A win-win option is precisely the yellow metal. As for silver, it has significant disadvantages:
- Its growth is unstable and comparatively less than that of gold;
- Investments will bring tangible profits only if large quantities of metal money are purchased;
- Such coins easily oxidize in air and darken, which reduces their value. It is necessary to purchase gold coins in special plastic containers, and if possible, do not touch with bare hands(there are special jewelry gloves for this).
It makes sense to consider the most profitable and reliable options for gold investment coins, which are now preferred by experienced investors.
- Australian Kangaroo coin. Issued at the beginning of 2016, it has already increased in price in rubles from 89,000 to 92,000 per copy.
- Austrian Philharmoniker. This original coin has an image of the Vienna Philharmonic, from where it got its name. Previously, it has already been minted in denominations of 10, 25 and 50 euros. However, it was the copy of 100 euros, issued in 2016, that became especially popular due to the intensive growth of its value (from 90,000 to 92,500 rubles);
- The South African Krugerand depicting the profile of the President of South Africa defending the idea of fighting British colonization was minted in 2013. If at the beginning of this year its price was 88,000 rubles, then at the moment it has already exceeded 93,000 rubles.
- The American Bison or Buffalo has been issued every year in quantities of 300,000 since 2006. However, investors' interest in it does not dry out. As a result, since the beginning of 2016, its price has changed from 88,500 rubles to 92,000 rubles.
- Canadian Grizzly - a new coin issued at the beginning of the year, managed to increase in price by 1000-1500 rubles.
- The Chinese Panda is traded on the market in three versions - 2008, 2011 and 2015 issue. All of them also showed an increase in price by 5-7% since the beginning of this year.
All the gold coins discussed above have the same weight, equal to one troy ounce which makes them easy to use. In addition, they circulate on the markets of developed countries of the world and therefore are distinguished by a high degree of liquidity, which is also important for an investor.
During a period of financial instability, most investors are looking for new ways to invest money. And now many are wondering if it is profitable to buy gold coins?
At the moment, banks can offer their customers two types of coins: commemorative and investment. Keeping your savings in the form of such coins is a very popular feature. An unprecedented demand for these coins has recently been recorded on the Russian financial market. They are an alternative to buying physical metal as coins are not subject to VAT.
Investment coins are issued by the Central Bank of silver, gold, palladium and platinum. At the same time, the price of a coin depends on the amount of precious material in it. In addition, the popularity and collection value of the coin plays an important role in pricing.
It is worth noting that now investing in coins is available to all citizens without restrictions.
Is it profitable to invest in coins?
Experts emphasize that if you need to invest money profitably, then you need to buy investment coins. Since commemorative coins are more suitable as a souvenir or gift, they are made of silver and sold in souvenir packaging.
To purchase investment coins, beginners should turn to professionals, namely bank employees who will help you invest money wisely. With their recommendations, you can buy coins cheaply and after a while sell them profitably and get a good profit from it.
Investment (or hoarding) coins are special coins that are issued in Russia or in other countries, as well as coins that were made from precious metals. These coins are absolutely legal and in circulation, they can be used to make payments.
The positive aspects of investing in these coins is that investment coins are issued from precious metals by the most the highest standard. In Russia, such coins can be purchased at the state-owned Sberbank. Many people wonder if it is profitable to buy Sberbank coins? This question can be answered that it is more profitable to buy coins than, for example, Jewelry, since Sberbank coins have a fineness from 925 to 999, and jewelry is usually made from metals of the lowest standard. In addition, the cost of jewelry includes labor.
Another advantage of investment coins can be considered their legal circulation, that is, their issuer is the Central Bank. This shows the additional transparency of personal investments: you can always determine how the value of a coin is formed and what it depends on.
Negative aspects of investing in coins
The first negative point is that the dynamics of prices for hoarding coins directly depends on the cost of the precious metals from which they are made, moreover, on the dynamics of prices not for futures, but for physical metals.
And if the purchase of gold takes place in a foreign currency, this means that you can see a direct relationship with the price of a dual-currency basket in the Russian Federation, which is influenced by the price of oil and the situation on the international stock market.
Note that in last years gold prices are falling, from January to September last year Fix fell nearly 21.5%.
In addition, the disadvantage of investing in these coins are some individual features of their storage. Experts advise against opening the transparent case in which the coin is sold in order to hold it in your hand, because a fingerprint will remain on the coin, which will subsequently lead to oxidation of the precious metal from which it was made. After that, the coin will significantly lose in value.
From the foregoing, we can conclude that investing money in coins, first of all, leads to the preservation of value. And in order to profit from these investments, you need to turn to professionals and study the markets.
19.06.18 27 766 5
How to make money on coins from precious metals
To make coins profitable
For coins to make a profit, you need to collect an investment portfolio and wait at least five years.
Victor Tyurin
buys coins for income and for the soul
To invest in precious metals in Russia, you can open an unallocated metal account, or you can buy the metal itself, in coins or ingots. Last time I told, Now it's the turn for coins.
What are the coins
Coins made of precious metals are investment and commemorative.
Investment coins- this is, in fact, the state-guaranteed weight of the metal, issued in the form of a coin. The circulation of such coins is large, tens and hundreds of thousands, so they are not considered rare and they have little collection value. But they are easier to sell. For investment in precious metals, it is better to buy bullion coins.
Commemorative coins usually minted on the occasion of important historical dates. Usually circulations are small: from 100 pieces to 25 thousand. The main value is collectible. The price of commemorative coins depends mainly on the demand from collectors, so they are more difficult to buy or sell, and investing in them is more risky - but potentially more profitable.
Formally, investment and commemorative coins of the Central Bank of the Russian Federation are just coins. You have every right to pay with them in any store. True, they will accept them at face value, which is much less than the real value.
Coin quality
Investment and commemorative coins always look “smart”, as they are minted on special equipment with high quality coinage. Most often they are released in one of two states.
Excellent Condition, or AC - from English UNC, Uncirculated, - "were not in circulation." This is one of the most common coinage standards. In this state, investment coins are more often issued.
improved quality, or Proof, - when the surface of the coin becomes "mirror". This makes them even more attractive in appearance, but increases the cost. In this state, the Central Bank more often mints commemorative coins.
How to determine the value of a coin
Precious metal coins are not a currency, so there are no official rates at which they are sold or bought. To assess how profitable terms you are offered, you first need to calculate the value of the coin. Most of all, it is influenced by two factors: the mass of the metal and the circulation.
The larger the mass of metal and the smaller the circulation, the more expensive coin. The mass of metal can often be found on the coin itself, the mintage can be found in the reference materials of the banks or the mint that made it. Information on Russian coins is published by the Central Bank.
For example, let's take the silver investment coin "George the Victorious" of 2017:
Metal: silver 999/1000. This means that the coin is 99.9% silver. This confirms the sign Ag 999 on the coin on the left.
Weight of metal: the content of chemically pure metal is not less than 31.1 g. The same weight is engraved on the coin. 31.1 grams is 1 ounce. According to international tradition, the weight of coins made of precious metals is a multiple of ounces.
Circulation: up to 500,000 pieces. This is a lot, so the first time the circulation will not affect the value of the coin. An asterisk near the circulation indicates that this is a plan, but how many will actually be minted is still unknown. If there is less than the plan, then the coin will become rarer and its value will increase.
Conclusion: silver coin "George the Victorious" - the Russian equivalent of 1 ounce of 999 silver. The accounting price of the Central Bank for silver as of March 13, 2018 is 30 rubles per 1 gram. The metal in the coin costs 31.1 × 30 = 933 R.
The Central Bank publishes selling prices for some investment coins. It is impossible to buy coins directly from the Central Bank at this rate - this is a guideline for sellers.
Selling price - 1166.25 R per piece. When the cost of the metal in the coin is 933 R, the markup is 25%.
"George the Victorious" is a simple example. We calculated the cost of the metal, found out the selling price on the Central Bank website, voila: everything that is more than the selling price is the seller's markup.
The cost of investment coins is relatively easy to calculate, because it is highly dependent on the amount of precious metal. With commemorative coins, everything is much more complicated: their value depends more on the circulation and popularity of the coin among collectors. For comparison: a silver coin "155 Years of the Bank of Russia", in which one ounce of silver 925, retail costs from 2250 rubles - an extra charge of 141%. And maybe 200, and 500% - and this depends little on the metal.
The Central Bank does not publish prices for commemorative coins. Therefore, if you are not an expert, it remains to focus on the prices of different sellers. It is easier to compare them in catalogs, for example, in the Find-coins catalog of commemorative and commemorative coins.
Here are some more resources with estimated coin prices.
"George the Victorious" on the site "Investfunds" 
Gold coins on the Goldtraders website How to choose investment coins
Investment coins are, in fact, bullion of precious metals, so there is not much difference between them for an investor. They are distinguished from ingots by the absence of 18% VAT upon purchase and the possible collectible value. It is usually small for investment coins, but there are factors that can increase it: for example, a small circulation or a popular theme. Collectors are more willing to buy sports or animal coins, and if the coin is also quite rare, its value grows faster than the value of bullion.
To increase the profitability of their portfolio, investors usually choose the most promising coins and buy several dozen. Let's look at investment coins on the website of the Central Bank and choose those that have a higher collection value.
"George the Victorious", face value 50 Р Metal: 7.78 g of 999 gold.
Year of issue: 2006-2010, 2013-2015 .
Circulation: from 30 thousand in 2015 to 1.5 million in 2009.
Mint: MMD and SPMD.
Conclusion: it is most profitable to buy coins of 2015 minted at the Moscow Mint. But 30 thousand is still a large circulation, and the coin has little thematic value. Most likely, the value of the coin will depend entirely on the price of gold.
Sochi 2014, denomination 50 and 100 R Metal: 7.78 g of gold 999 for coins of 50 R, 15.55 g for coins of 100 R.
Year of issue: 2011-2013.
Circulation: from 100 to 300 thousand. Only the circulation of Leopard is known for certain. For "Mishka" and "Bunny" it may turn out to be much less.
Mint: MMD and SPMD.
Conclusion: the coins have a high thematic value, because their release is timed to coincide with the Olympic Games. It is most profitable to buy coins "Bear" and "Bunny" with the expectation that their real circulation will be less, and the collection value will be higher. It is already difficult to buy these coins.
"World Cup 2018", face value 50 Р Metal: 7.78 g of 999 gold.
Year of issue: 2016 (2018 is on the coins).
Circulation: up to 100 thousand.
Mint: SPMD.
Conclusion:
Metal: 8.6 g of 900 gold.
Year of issue: 1975-1982.
Circulation: from 100,000 in 1978 to 2 million in 1977. In some years, circulations may turn out to be much less than declared. In addition, a significant part of the circulation has long been sold out.
Conclusion: these are coins of a disappeared state, so they have a high historical value. It is compensated by very large circulations. It is worth paying attention to the years of issue with minimal circulation: 1975, 1978, 1980 and 1982.
"Sable", denomination 3 Р Metal: 31.1 g of 925 silver.
Year of issue: 1995.
Circulation: 1 million
Mint: MMD and LMD.
Conclusion: a very large mintage reduces the collector's value of the coin, so its price depends on the price of silver. Due to the popular theme, the coin has a chance to become rare, but it will take patience.
"George the Victorious", denomination 3 Р Metal: 31.1 g of silver 999.
Year of issue: 2009-2010, 2015-2017 .
Circulation: from 18,205 in 2016 to 500 thousand in 2010.
Mint: MMD and SPMD.
Conclusion: it is most profitable to buy coins of 2016 because of the very small circulation for investment coins. The cost of the rest of the coins will depend entirely on the price of silver.
"Sochi 2014", denomination 3 Р Metal: 31.1 g of silver 999.
Year of issue: 2011-2013.
Circulation: 300 thousand with each talisman. Only the circulation of Leopard is known for certain. For "Mishka" and "Bunny" it may turn out to be much less.
Mint: MMD and SPMD.
Conclusion: the coins have a high thematic value, because their release is timed to coincide with the Olympic Games. It is most profitable to buy coins "Bear" and "Bunny" with the expectation that their actual circulation will be less than expected. These coins are hard to come by.
"World Cup 2018", denomination 3 Р Metal: 31.1 g of silver 999.
Year of issue: 2016 (on coins - 2018).
Circulation: up to 300 thousand.
Mint: SPMD.
Conclusion: the coins have a high thematic value, because their release is timed to coincide with the World Cup. Perhaps the actual circulation will be less - then the collection value will grow even stronger.
Not quite investment coins
It happens that investment coins are issued in relatively small circulations and they are rarely found on sale. For example, the Central Bank classifies the Russian Ballet series of 1993, the Zodiac Signs of 2002-2005, the River Beaver of 2008 and the History of Money Circulation of 2009 as investment coins.
Such coins have a collectible value significantly higher than the cost of the precious metal, therefore, from my point of view, they should be considered as commemorative.
How to make money on investment coins
Like other investments in precious metals, bullion coins are a conservative tool that only works well over distances of years and decades.
The value of coins is tied to the value of precious metals, and they can fluctuate in a narrow range for years without bringing any profit. In addition, the coin is difficult to quickly sell for the market price. Therefore, investing in coins works more as a store of funds than a tool for making super profits.
Let's imagine the simplest option. For example, in 2008, the parents of 8-year-old Pasha gave him a gold coin "George the Victorious" for his birthday, and then bought another one every year. For 10 years, they bought 10 coins for 132,500 R. If now Pasha sells all 10 coins, he will gain about 210,000 R. This is enough, for example, to pay for the 1st year of undergraduate studies at Moscow State Technical University. Bauman.
According to my observations, it is worth investing in investment coins for a period of 5 years or more. See how the possible profitability of the golden "George the Victorious" changes depending on the term. The charts are based on the approximate quotations of the Central Bank.
How to make money on commemorative coins
The cost of commemorative coins depends slightly on the price of the metal and strongly on the subject and circulation.
Subject. Popular themes are interesting for collectors different countries, so the coins are sold out faster. These are, for example, sports, animals, zodiac signs. Narrow themes are of interest to collectors only in some countries, so the demand for such coins is less. These are summits, anniversaries of cities, historical figures.
Circulation. The smaller the circulation, the faster the price of the coin rises. Ideally - 3-5 thousand pieces, if the subject is very popular - up to 10 thousand.
Let's see how the rise in prices for commemorative coins depends on the subject and circulation.
"Commander's blue fox", denomination 1 Р Metal: 15.55 g of 925 silver.
Circulation: 10,000 pieces.
« Children's writer N. N. Nosov - 100th Birth Anniversary”, denomination 2 Р Metal: 15.55 g of 925 silver.
Circulation: 7500 pieces.
"To the 300th Anniversary of the Voluntary Incorporation of Khakassia into Russia", denomination 50 R Metal: 7.78 g of 925 gold.
Circulation: 1500 pieces.
Of these three, the Commander's Blue Fox has the largest circulation, but the theme helps it out. In addition, the coin is included in the "Red Book" series - if the collector has already started collecting the series, he will have to buy the Arctic fox in addition.
It may seem that commemorative coins with small circulations or about animals are a win-win option that guarantees super profits. But everything is not so simple.
Due to the fact that the value of commemorative coins is loosely tied to reliable benchmarks, it can fluctuate more than the value of investment coins. For example, a gold coin "Andrei Rublev" with a face value of 50 R in 2008 cost about 40,000 rubles, and now - 28-30 thousand. Even the rise in gold prices and a small circulation of 1,500 pieces do not save the coin. It happened because at the start it was overestimated, and then the price became more fair.
Unfortunately, it is difficult to predict how the prices of coins will change. Therefore, the most reliable option- buy coins of different subjects: some will bring super profits, others will work at the level of a bank deposit, others will remain with their own. Then, in general, the portfolio can show a plus. But as with investment coins, for this you will have to wait at least 5 years - and preferably 10.
Antique precious metal coins
If you are an investor and not a professional collector, then it is better not to mess with old coins. All of them have been collectible for a long time - their value practically does not depend on the metal and only an expert can evaluate it.
Many factors have to be taken into account. For example, the state of the coin. The old coins were most likely in circulation, so there were scuffs and scratches on the surface. Many collectors will not be satisfied with this. And if the coin suddenly perfect condition, it may be a fake or a modern copy.
This does not mean that old coins should never be bought at all. It's just that it's not really an investment, it's more like a collection.
Foreign coins from precious metal
Many foreign countries mint coins from precious metal. Some of them can be purchased in Russia. Recommendations will depend on which coins we are talking about.
investment coins. Investment coins from Australia, Austria, Canada, China, the USA and South Africa are known on the market. Selling them in Russia is a little more difficult than Central Bank coins, but it is possible to deal with them.
Commemorative coins. Good as a gift. As an investment - very selective: only if the circulation is small and the theme is popular.
Souvenir coins. It happens that banks sell coins intended for gifts. Usually these are coins with recognizable symbols, such as weddings or the birth of a child. This great gift but not an investment. How to evaluate them? Who will buy them later? It's like investing in key rings.
Which coins are more profitable
Let's see how the prices of various gold and silver assets have changed over the past 5 and 10 years. To do this, let's compare an impersonal metal account, ingots, investment and commemorative coins. The honor of investment coins will be protected by gold and silver "George the Victorious". As a gold commemorative coin, we will take "To the 300th anniversary of the voluntary entry of Khakassia into Russia", and a silver one - "Commander's blue fox".
For coins, the values are approximate, because there are no official quotes. But if you focus on the most frequent purchase and sale prices, you get quite objective indicators.
For bars, the prices are also approximate: due to bank spreads, the real purchase price is higher, and the selling price is lower. But that's enough for the big picture.
The dynamics of prices for assets from precious metals
GoldCHI
Investment coins
Commemorative coins
CHI
Where to buy coins
Investing in coins is primarily an investment in precious metals. Therefore, you must be sure that the precious metal in the coin is real. If you buy a coin on Avito, you will have to find an expert or become an expert yourself - otherwise, under the guise of a gold piece, you risk buying a copper penny. In addition, you do not know how the seller stored the coin, so it may turn out to be scuffed and scratched. All this reduces its value.
VAT 18% - but prices will still be slightly higher on average than when buying coins from hand.
How to store coins
Investments in coins are designed for long term, so a few words about how to store them. When there are a lot of them, it is better to trust a safe deposit box or buy a personal safe. But while there are only a few of them, you can store them anywhere, the main thing is to observe a few simple rules.
Keep each coin separately for example in special plastic capsules. This will protect them from scratches. You can buy capsules in any store for collectors for 10-50 rubles. Often coins are sold immediately in capsules.
Do not touch the coins with your hands. A fingerprint on a metal surface can remain forever, and this will greatly reduce the sale price. It is better to touch the coins in cotton gloves, by the rib.
Do not store coins near household chemicals, cosmetics, medicines. We are talking about years, so the smallest thing can affect. For example, if there is a closed vial of iodine on the same shelf with coins, then dark spots may appear on the coins.
Don't be alarmed if the coins fade over time. This is a natural process that collectors refer to as patina development. Patina practically does not affect the value of coins. coins in best quality, Proof, you shouldn't touch it at all. Coins as AC can be cleaned with special cotton napkins for polishing metals. None household chemicals cannot be used to clean coins: the consequences will be much worse than the original patina.
Where to sell
Selling coins can be difficult, and this is the main problem with this type of investment. Banks and specialized organizations willingly sell them, but are reluctant to buy them. And if they buy, then for a very low prices. Therefore, you will have to deal with the sale yourself.
In the article, we have already described profitable ways to sell coins. Let's recap the main points.
"Avito" and similar sites. Favorable in terms of price and coverage, but sometimes you have to wait a long time until someone is interested in your coin.
Online auctions for collectors, for example, Find-coins, Conros, Raritetus. The coverage is less, but there are more connoisseurs - it may turn out that one of them has been looking for your coin for a long time. These sites often charge commission.
Flea markets, shops for collectors- they are in almost every city. This is the fastest option, but often the least profitable. Inexpensive coins will be bought for 50-70% of the real price, and expensive ones will be taken for sale.
Take care of your safety!
Buying and selling coins are transactions with large sums. If you are dealing with a stranger, no one but you will take care that this money is not taken from you. It is necessary to act as, only even more carefully.
Take care of yourself!
Remember
- Precious metal coins are a long-term investment tool showing good income on the horizon of 5-10 years. If you are interested in shorter terms, then it is better not to buy coins.
- Investment coins are cheaper, but commemorative coins can bring more profit.
- You will receive profit only when you sell the coin. Therefore, buy only those coins that are in demand.
