Find Out How An Old Gold Coin Benefits Needy In Haiti Directly At Gold-Coin.com
February 8, 2010 - In a gesture of humanitarian generosity, an anonymous stranger donated an antique American gold coin to a Salvation Army kettle designated for Haitian relief. The unidentified coin, which was donated in Michigan and was valued by local appraisers for between $150 and $250, demonstrated both the generosity of people during difficult times and the value of gold coins in today’s economy.
Gold has quadrupled in value during the past decade, and has increased in price for nine consecutive years. This strength is even more profound in certified gold coins, where the CU3000 Index shows that rare coins have increased nearly seventyfold since 1973. This strong growth has made certified gold coins extremely attractive commodities to hold.
Gold coins are now widely regarded as excellent strategies for long-term investment. While many people hold gold bullion for short-term trading due to its liquidity, certified coins offer investors the chance to capitalize on the rarity, quality and desirability of a piece to gain value over time. Coins such as American Eagles, Double Eagles, Liberty Eagles, Indian Eagles, $3 Dollar coins and more can bring prices into the thousands or even hundreds of thousands of dollars based on their grade. These coins are best when certified by either PCGS or NGC so that their quality is guaranteed by one of the premier grading services in the world.
As people in Haiti try to recover from the devastation that has consumed the island country, many people throughout the world have shown great kindness, such as the person that donated this gold coin. This gift proved to be even more valuable because of the worth of rare gold coins and their strong return on investment.
Michael Williams
Senior Staff Writer - Gold-Coin.com
