If you've already been collecting gold coins for a little while, and you're looking to take your investing to the next level, then we do have some basic guidance to offer you. Of course, there is a lot to learn, but we're going to get you started with some simple thoughts, primarily pertaining to the particular types of coins you might be interested in investing in at this stage of the game. The coins we look at will still be American coins, mostly because of the security and stability of the U.S. government, which backs up at least their face value. Thus, American coins represent a slightly less risky investment than some foreign ones.
Chance are, however, if you're still reading this article, that you already own some American gold coins anyway. Since you're ready to take your investing to the next level, the first general recommendation we have for you is that you might want to try some older coins. Granted, since these coins are going to be more expensive than their newer counterparts, they're going to represent a somewhat riskier investment. Still, since older coins are generally also rarer coins, you can bet that, for the most part, they'll always be pretty valuable, even beyond the value of the metal itself. Obviously, this is particularly true if they're in good condition.
So, which gold coins in particular do we recommend at this point? We're glad you asked. A lot of collectors and investors really like the four-dollar gold or “Stella” coin, and for good reason. They were issued in two different years, and in both of those years, they were minted in two different designs. One of those designs features flowing hair, and another coiled. Another popular coin, though even older still, is the gold dollar itself. It was minted between 1849 and 1899. The design of these coins was changed twice; once in 1854 (during their first year they were minted), and again in 1856.
Another popular type of coin, with a much longer period during which it was minted, is the Half Eagle. This was actually the first gold coin struck by the United States, and it was minted between the years of 1795 an 1929. It's designed was changed several times during that period, and the 1822 Half Eagle is considered the most valuable. There are, of course, lots of other types of coins minted by the U.S. in various levels of gold purity, but these should provide an interesting place to begin your investigation into the world of advanced coin investing.