Gold for sale!

I saw this announcement in bold letters in the Sunday newspaper supplement. At first glance, I thought it is a sort of trap to buy gold coins that may not be of pure gold because; gold is not sold like that. We are all used to see ads that shout, ‘household items for sale’ or “bed for sale” only.

People buy gold coins from authentic outlets only like the U.S. Gold Bureau. I buy gold from a jeweler who has been serving our family for the past 30 years. We buy gold and precious stones from him once in a way.

Nevertheless, I contacted the advertiser and inquired what he was selling. He told me that he is leaving the country and wanted to dispose off a few gold ornaments that are ancestral properties plus the golden threads that he recovered from silk sarees.

That put me away. Nobody sells that openly.

Selling gold should be made easy.

How do you identify a trusted bullion dealer? A golden question really.

Buying gold is rather easy than selling gold. There are trusted dealers of precious metals like the United States Gold Bureau., America’s largest seller of gold, silver and platinum coins. From whom, you can buy gold with confidence.

However, where do you find trusted buyers of gold that you want to sell? How do you find them?

Can you approach the Professional Numismatics Guild (PMG) and seek their assistance in locating buyers of gold coins and ornaments?

I wonder buy why banks don’t come forward to buy gold jewels and coins from common man! This would be a great help for all and banks too can charge a small fee for assessing the purity and weight of gold and converting it to paper currency.

Alternatively, the PMG can issue certificates to dealers of precious metals and publish their certified dealers in their website.

I hope someone appreciates me for my constructive suggestions.

Thank you Lehman Brothers!

Thank you Lehman Brothers!

Every precious metals dealer all over the world would be paying his gratitude to U.S. investment bank Lehman Brothers collapse because since then, the sale of gold coins has touched a historical high.

Though the world empathized with the major financial collapse, it paved way for even middle class citizens to buy gold eagle coins as the paper currency based investment once again betrayed the trust of the common person.

I have been blogging about the value of investing in bullion since 2006. I have cited several precious metals investment newsletters, web releases of U.S. Gold Bureau and other news stories from the Governments of various nations that have been literally begging all of us to shift our focus to investing in gold and silver.

Every now then, the behavior of stock market clearly indicated that the paper currency is unstable. I know many persons have started diversifying their investment into bullion market but still majority of them are staying away from buying gold, silver and platinum.

Probably, they need another rude awakening!

Rare resources for rare coins dealers.

Zoomcoin.com is probably the only authentic resources center for rare coins dealers. After all, they belong to the family of Monex, a trusted leader in precious metals investments for nearly 40 years.

Zoomcoin.com has in its payroll, highly dedicated and fully knowledgeable rare coins experts that are more than willing to offer their expertise to the clients of Monex companies.

To be frank, I showed indifference to the high profit rare coins industry for a long time. The lack of knowledge put me off till I made a sincere effort to learn the nuances of rare coins trading with the help of Monex trained professionals.

It is valuable to note that Monaco staffs are also members of several numismatic bodies including Professional Coin Grading Service.

I am yet to make some profit as I am holding on to my treasure of rare old coins. It is difficult to let them go.