US Platinum Eagle coins

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Precious metals

Protection during unsettling economic times. 

    You may have heard that citizens throughout the world flee to gold, silver, and precious metals when economies and currencies face crises.  That's true throughout history and even today.  The reasoning is sound, precious metals can protect the wealth and purchasing power of those who live in a country facing such a crises. 

     I guess the question for everyone comes down to, "Do you think such a crises can happen to our country?"    If you think there is a chance, then you may want to

 purchase some gold or silver for yourself and family.  Below are some thoughts on the subject :

Small size/denominations are good –

If times of uncertainty arise and gold /silver is the desired medium of exchange it will be advantageous to have some smaller increment gold or silver coins (or bars). It may be hard for someone to make change for a large 1 ounce gold coin, and if they don’t have smaller ones available, you may be forced to barter for something you don’t need to make up the difference.

Stick with recognizable and readable coins/bars -

A coin or bar written in a foreign language may be difficult to use as currency (in the USA) or to trade during a time of crises. There may be an advantage to owning coins with English writing on them. Also, coins that mention the gold or silver content (on the coin) may be more readily accepted in such times.

Purchase from reputable dealers –

There is nothing like having a bad purchasing experience to keep you from doing the right thing. Dealers who have invested time and money in their reputation normally are very careful, aware of counterfeits, etc. I might also mention that all items sold by LynnCoins.com are guaranteed to be genuine.

Don’t let fluctuations in the market stop your plan –

The metals markets move up or down daily. Even experts have difficulty trading the short term markets. Little moves in today’s market may seem big today. However, in a time of crisis today’s moves will likely look as if they were nothing.

Start with a portion of what you ultimately would like to purchase -
If deciding "when" to invest is keeping you from committing to your plan, start with a portion of what you want to invest. You can then purchase more with the remainder of your funds over a period of time. The disadvantage of this plan is that it can easily  create a desire to try to guess lows in the market before making the next purchase. (The market never seems to make a recognizable low……and who knows a low when it’s there?)  Caution - Next thing you know, time has flown by, a purchase is never made, and you’re unprepared for a financial crisis when it occurs.

Buy when the buying is easy -

When times get bad, you may not be able to find any gold or silver available at market prices.  I'd like to say that no matter what happens we will always have everything you desire in stock and ready to ship.  The truth of the matter is that most dealers in precious metals move their inventory very fast.  (With low profit margins you have to.)  And, the worst times get, the harder it will be to find what you want.  It's happened in the US to a limited degree in the past.

Variety can be fun -

You might find that gold or silver coins are interesting to you and purchasing a variety of coin or bar designs is appealing.  Many beautiful items are available at slight premiums over the precious metal content. It's an added benefit if you can enjoy what you are investing in.  If you have no interest in the collecting aspect, stick with the most popular items.

GOLD COINS:
You may want to start with some smaller size 1/10th ounce and 1/4th ounce gold coins, and maybe a few 1/20th or 1/25th ounce. Most of the recently minted gold coins are about the same price in circulated or mint uncirculated condition. One would think that the types of coins in demand now, will also be in demand in a time of crisis. (Maybe so, however the future holds no guarantee.)  Currently, the most popular gold coins (at reasonable prices) are:

• American Eagle 1/10th and 1/4th ounce (made by the US government)

• Canadian Maple Leaf 1/20th, 1/10th, and 1/4th ounces (made by the Canadian government)

• Austrian Philharmonic 1/10th or 1/4th oz gold coins

GOLD BARS:

Our experience shows for the smaller size (1 gram, and 2 ½ gram) gold bars or ingots, people don’t seem to care who the refinery is. Our most popular sellers in 5 or 10 gram gold bars are the “Credit Suisse” bars.  We’ve noticed that many individuals who have moved to the USA from other countries prefer to purchase their gold in the form of "bars" or ingots, while many folks here in the USA prefer gold "coins". Of course, some like to purchase both.
 

SILVER COINS:
Many advisors suggest beginning by purchasing some old U.S. silver coins that used to be in circulation. US dimes, quarters, and half dollars were made of 90% pure silver up to and including the year 1964.  Because they have little collector value over the silver content dealers often refer to them as "junk" silver coins.  These often sell at a small premium over the silver value and are small in size, resulting in a handy way to own silver.  Junk silver coins can be purchased in rolls or bags of various quantity. 

SILVER BARS:

Silver bars and rounds are popular, also.  We suggest you start with 1 oz. and 10 ounce sizes.  When you've acquired enough of these, then move to 100 ounce if desired.  Bars larger than 100 ounce are not readily traded in the coin market. A silver "round" is simply a 1 ounce piece of silver shaped like a coin, rather than shaped like a bar.  1 ounce silver "rounds" have become more popular than 1 oz "bars".

PLATINUM COINS:

Platinum is known to be rarer than gold or silver.  I has a nickel-steel color. Because many people are unfamiliar with the look of platinum, we suggest purchasing certified platinum coins rather than uncertified ones. When it comes time to sell your platinum bullion ou may find a more ready market when your platinum coin is certified by PCGS, NGC, or ANACS.

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