Buying U.S. Gold Coins

Video Transcript

"Man has always been on the search for gold and Americans are no different. Hi, I'm Rui and we're going to be talking about buying U.S. gold coins. There's a huge variety of gold coins available to collect and to purchase, even for investment value. But when it comes to modern coins, U.S. government began producing and minting a buffalo fifty dollar gold piece in two thousand and six at the U.S. mint at West Point. It portrayed the image of the famous buffalo nickel that was popular in the early nineteen hundreds. And it truly has become the first gold coin struck by the U.S. mint for purely public sales to collectors. So since two thousand and six the buffalo gold fifty dollar piece has been truly a first of its kind for American gold coin collectors. For the collectors of U.S. gold coins there's a huge variety of coins to choose from depending on the year and the condition of the coin obviously will determine what the price of these coins are. But with the price of gold continually rising and hitting just record after record levels on the stock market, it's become more of a seller's market almost than a collector's market. So if you are a collector it may be a good time to pick up some really good coins. Because people are looking at that dollar value of the gold coin and looking to be on the selling end of it. So if you are a true collector it's a good time to go out there and start looking for them. To find a coin, go to a reputable dealer. A reputable antique dealer, a coin shop even sometimes jewelry and silver stores collect and sell huge quantities of gold and coins. But make sure it's a reputable dealer. Make sure that they have a return policy just in case the coin that you bought isn't really what they said it was. So make sure that you can bring it back if that's the case. Again, I'm Rui and good luck collecting."