Eldora Resources - Certified Gold Coins – Where to Buy Them to Avoid Scam

Eldora Gold Resources tips on buying certified gold coins and where to buy them. It is important to research and evaluate each of the gold investment companies under consideration. There are many gold investment scams, fraud, boiler rooms that you should watch for, this will serve as a good warning before investing and only use gold options and companies that are verified, and have a good business reputation. This will minimize the risk of falling prey to any boiler rooms, scams or frauds.

From the birth of civilization gold coins were considered to be the best and most liquid investment that could be easily sold for profit in difficult economic times. Unfortunately, high demand for gold coins made of precious metals created ground for all sorts of swindlers and scammers trying to make a profit by misleading customers, especially over the Internet.

Buying certified gold coins is perhaps the safest and most reliable way to invest your hard earned dollars into gold since the term “certified” stands for a coin being assessed by a professional coin specialist from one of the four major grading agencies including, NGC, PCGS, ANACS and ICG. Certified gold coins are typically encased with a temper proof plastic seal bearing a mark of grading assurance. The process of coin certification takes the guesswork of buying gold coins and eliminates confusion associated with assessing gold coin pieces purchased over the Internet or through coin dealers.

Though higher priced, certified gold coins exist to protect coin collectors from buying gold plated fakes and to facilitate safer rare gold coins trading. It’s essential to purchase certified gold coins and gold proof coins only from reputable sources that offer highly graded gold coin products along with excellent customer service.

You should definitely avoid buying certified gold coins through TV commercials, gold shows or e-mail offers since these coins are highly overpriced and might lead to potential fakes. Same stands for buying coins through Internet auctions from sellers with no or very little feedback history – you never know what to expect from such transactions. The general rule of avoiding any type of gold coin scams is to stay away from buying very rare or historical coins that are generally not commonly circulated among average coin collectors. The rarer the coin, the harder it’s to research and assess its true value. Start your research from a wide array of online coin investment forums, Google groups or ask another coin collector what place he recommends for buying certified gold coins. If you feel pressured into buying gold coins or your coin dealer can not produce any valid documentation from a reputable grading agency, walk away from this transaction.

Eldora gold resources - One of the most valuable among certified coins that are widely accepted among top coin collectors is gold Vienna Philharmonics coin that represents the finest examples of modern day 24-karat gold bullion coins.

Eldora Gold Bullion Pro: Scrap Gold Value – How Is It Determined

With the high market price of gold, you may wonder about scrap gold, and the value that this material has. But how is the scrap gold value determined for gold bullion, jewelry, dental gold, and other scrap materials? There are calculations that can help you determine the value of any scrap gold and other precious metals, and these are usually kept secret by dealers and scrap buyers.

Eldora Resources Tips: There are numerous scams and fraudulent emails in circulation spoofing e-mail addresses in the e-gold.com domain. These emails direct you to log into your account to verify information or update information and they usually operate on greed or fear in order to entice victims to click a hypertext link. Keep updated to avoid scams.

Scrap Gold Value on Eldora Resources Tips: Dealers who are buying scrap gold do not offer the market price of the gold value, rather you will normally get between ten and twenty percent less than the market price of the scrap gold value. First all of the scrap gold needs to be divided according to the karat amount of the gold. This can be ten, fourteen, twenty four, or others.

The scrap gold value will depend on the karat value of the gold. Twenty four karat gold is very close tp pure gold, while fourteen karat gold may only contain slightly more than fifty percent gold, with other metals added in. The lower the karat value is, the lower the gold scrap recovery price will be.

Another factor that will help determine the scrap gold value is whether there are other forms of value to the gold, besides the value of scrap. Some coins have a much higher value based on their age, history, or rarity, and may be worth much more than the normal gold commodity price offers.

Scrap dental gold is one form of scrap, and is often turned in for recovery and recycling. Once you have scrap to sell, you will need to determine the scrap gold value so you know what you have. Look up the current scrap gold price, which fluctuates frequently. Next divide the karat amount of the gold by twenty four, to get a decimal in most cases. Multiply this decimal or number by the current price of scrap gold. This will tell you the value of the metal that you have.

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Gold Bullion Pro : Eldora Resources - How to Avoid Scams when Buying Gold and Silver Coins

Know Your Dealer, Resist Deals Too Good to Be True and Avoid Collectable Coins

It is important to research and evaluate each of the gold investment companies under consideration. There are many gold investment scams, fraud, boiler rooms that you should watch for, this will serve as a good warning before investing and only use gold options and companies that are verified, and have a good business reputation. This will minimize the risk of falling prey to any boiler rooms, scams or frauds.

With the rise of gold and silver coins as a hedge against inflation, more people are looking to add precious metals to their savings. However, there are many scam artist ready to take advantage of new buyers. Here's how to protect yourself.

Avoid collectable coins
When you start to buy gold and silver coins, some disreputable dealers will try to sell you collectable gold and silver coins. Usually, these coins cost 50% to 100% over spot. If you are interested in buying silver and gold coins as an investment, then you shouldn't bother with collector coins. And you should not be paying more than 30% over spot price, per ounce.

Avoid people who offer "too good to be true" deals on gold and silver
There is no such thing as a deal when it comes to gold and silver coins. You can not buy a gold nor silver coin for just spot price. And you certainly can not buy a silver or gold coin for under spot price. Anyone who tries to sell you a gold or silver coin for close to spot price is trying to rip you off. Avoid them.

Avoid buying coins on eBay if you are not an expert on detecting fake coins
eBay has many reputable dealers. However, there are many fraud coins on eBay. You are better off avoiding this market. If the gold and silver market becomes overheated, you may find that many dealers will be out of coins. And that the only place that you may find gold or silver coins will be on eBay. Your best move is to simply wait until the coins come back into stock at a reputable dealer. If you end up buying a fake coin on eBay, or get stiffed, you will have a hard time getting your money back.

Stick to U.S. Liberty Eagle Gold and Silver coins if you are new at buying gold and silver coins

There are many fraud gold and silver coins out there. The majority of fake gold and silver coins come from Asia. You can reduce your chance of buying a fake coin by sticking to U.S. Liberty Eagle Gold and Silver coins. Why? Because these are the only coins minted by the United States. And counterfeit gold and silver Liberty coins are investigated by the Secret Service. That makes it more advantageous for criminals to stick to faking non-US gold and silver coins. Yes, you will pay a little more for U.S. Liberty Eagle gold and silver coins, but it will be worth it.

Avoid buying coins at pawn shops if you are not a powerful negotiator
Pawn shop dealers are masters at buying low and selling high. If you are a new gold and silver buyer and you walk into a pawn shop, you will be like a sheep walking into a den of wolves. You are better off to sticking to large gold and silver dealers who have a set above spot price on their coins.

There are many great places where you can safely buy gold and silver coins. My two recommendations are APMEX and Apmex.com and bulliondirect.com. Both companies have been around for over a decade and have a long track record with many long term gold and silver buyers and sellers. With the right kind of research, you will be able to find the best dealer for you to buy and sell gold and silver coins.

Eldora Gold Bullion Pro: Benefits of Public Bank Gold Investment– Eldora

It is important to research and evaluate each of the gold investment companies under consideration. There are many gold investment scams, fraud, boiler rooms that you should watch for, this will serve as a good warning before investing and only use gold options and companies that are verified, and have a good business reputation. This will minimize the risk of falling prey to any boiler rooms, scams or frauds.

Gold stock investments are often included in the portfolio of investment companies which specialize in gold and other precious metals. Because the gold investment companies are simply the managers and investment advisors for the pooled funds of the investors, each investor will share in any gains seen in their share of the portfolio. For some investors using a gold investment company makes great financial sense, while other investors should steer clear of these choices.

A public bank gold investment offers many benefits that are attractive to a wide range of investors, although these options may also have some disadvantages as well, depending on the public bank chosen. This is a great way to invest in gold bullionwithout having to turn your home into Fort Knox or pay excessive storage fees. The bank stores the gold for you, in the amount equal to the value of your gold bullion securities account.

When you choose a public bank gold investment then quality is another benefit. You are assured that only investment quality gold is used to secure your account, such as PAMP Suisse gold bullion and other well known types. This is important because the gold is a guarantee of your capital, and if low quality metal is used then the value of the metal may be significantly less than what is shown on paper.

If you are going to open a public bank gold investment account, you have the choice of two types, allocated or unallocated. Allocated is the better choice for almost every investor, because these accounts offer more benefits. The amount of gold equal to your account balance is specifically allocated to you, and can not be used for any other purpose. Credit Suisse gold bullion or another top quality and name gold product is usually used with these investments, and you can take possession of the bullion at will.

If you are thinking about a public bank gold investment, there are several benefits. These accounts allow you to buy gold conveniently, without worrying about security or storage. Many investors prefer these accounts, and consider them the best gold investment possible. Some investors avoid a public bank gold investment account though, preferring to hold the metal personally. These investments can be a fantastic choice for many investors, but they are not right for everyone or every situation. 

Eldora Gold Bullion Pro: How to Buy Gold for Investment – Eldora Tips

Eldora Gold Tips on How to Buy Gold - Lack of knowledge about how to buy gold can hamper your aspirations of investing in this precious metal and be able to stay away from scams and investment frauds of boiling room callers. Going through this article will help you in getting the basics of gold investment right, and thus make some profit by trading in gold.

Eldora Resources Tips: The price of gold in the international market has increased manifolds over the last decade or so, thus making it the first choice among the precious metals when it comes to investing money. Buying gold for investment generally refers to buying gold bullion. (Gold bullion is a collective term used for gold bars and gold coins.) Though buying precious metals, especially gold, is one of the best available investment option, it differs from buying stocks and bonds to a significant extent. That tends to leave people confused about how to buy gold and silver bullion for the purpose of investment. If you are planning to opt for gold investment, there are certain options you can choose from.

How to Buy Gold for Investment

Buying gold helps in improving your asset base, and also offers financial security from problems such as inflation. Gold bullion, i.e. gold coins and gold bars come in various sizes and weights. Before investing in gold, you need to study the current prices of this metal, as well as the trend of the rise and fall in gold price in the past. You will also have to follow some simple tips for buying gold bullion: the bigger gold bars you buy, the lesser per ounce premium you have to pay. Let's move on from the generic information and get into the details of the buying gold coins and gold bars.

How to Buy Gold Coins?

These gold coins are priced on the basis of their weight. Some of the most popular standard gold coins include the American Gold eagle and the South African Krugerrand. You can either buy these coins from the government or from the private firms, the former is much more trustworthy though. However, there is an advantage of buying these coins from a local dealer as it helps in establishing a relationship between with them, which can be helpful when you would want to sell these coins. Even though there wouldn't be much of difference in the value of gold coins with two different dealers, it is ideal to compare the prices before opting to buy from a particular source.

How to Buy Gold Bars?

When we talk about how to invest in gold, gold bars is bound to be the first thing to strike our mind. In some countries gold bars can be bought from the major banks, while other countries have licensed dealers for the same. Generally, the preferred sources to buy gold bars from are gold dealers, mints and foundries. Other methods of purchasing these bars include auctions and individuals. Whichever source you buy gold bullion from you need to make sure that they are established and, more importantly, accredited. It is always better to take some efforts and check the history of the source. Don't forget to check for the shipment charges. You can either hold these bars in your own possession, or keep them in a safety locker of a bank on your behalf.

Other than these methods you can also invest in gold by investing in precious metal mutual funds, an ideal option for high investment as far as precious metal trading is concerned. Even having the basic idea about how to buy gold for investment can help you in minimizing the risks associated with the process. Investment is a part of your future planning, and therefore these gold investment vehicles need to be chosen wisely. That being said, it is always an advantage to take advice from a stalwart of the field, who is well versed with financial planning and the ups and downs of the market.  By Abhijit Naik