The Value Of The Commemorative Coins

- Nov 01, 2019-

Faced with the pressures of life, we all want to become an investor and a wealth manager after 80 and 90. Many people's eyes are on the investment of gold and silver coins in the precious metals. Today we will talk about which commemorative coins have collectible value, and also give some advice to newcomers who want to invest: precious metal coins mainly refer to gold and silver coins (the former Soviet Union also has platinum and palladium coins, but a small number). There are 4 types of gold and silver coins: gold and silver currency, gold and silver commemorative coins, gold and silver trade coins, pure gold and silver coins (or gold and silver coins).


Most of the earliest coins were precious metal coins. Because the gold and silver texture is uniform, easy to combine and easy to separate, easy to implement the value scale; large body value, easy to carry, easy to implement circulation and payment means; hard and durable, not easy to wear, cute color, suitable for preservation, easy to implement storage means, so "Gold and silver are not currencies, but the currency is naturally gold and silver."


First, gold and silver currency


Gold and silver currency refers to gold and silver coins used as a means of circulation. In almost every country, because the price of gold and silver is around 1 to 15, gold coins are used less, and a lot of them are silver coins. In particular, the silver coins produced in Spain, Mexico, the United States and other places are all over the world.


Second, gold and silver commemorative coins


Gold and silver commemorative coins refer to gold and silver coins that are mainly used to commemorate meaning. Gold and silver commemorative coins also have a long history. The main difference between gold and silver commemorative coins and gold and silver currency is that the former is for collection and the latter for circulation. Commemorative coins are issued in limited quantities. The face value is symbolic. The design and craftsmanship are more stressful. The price is generally much higher than the actual price of the precious metal itself.


Third, gold and silver trade coins


Gold and silver trade coins refer to gold and silver coins (also known as hard currency) that are used exclusively as a means of payment for international trade. It was mainly used during the period of imperialism and occupation of the colonies in 1850-1940, such as the $1 trade silver dollar issued by the United States in 1873-1885. It originated from medieval Venetian merchants in Europe. It can have a face value or weight, but it emphasizes its actual precious metal content.


Fourth, pure gold and silver coins


Pure gold and silver coins refer to gold and silver coins that are mainly used as storage means. Pure gold and silver coins, also known as Bullion Issues, are often confused with gold and silver commemorative coins. Simply put, pure gold and silver coins (sometimes omitting the word "pure") are storage means, and gold and silver commemorative coins are needed for collection.