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Turn Money into Metal - Make yourself a fortune

By Alex Wang


Precious metals are a very worthy investment item. Rare-earth metals like gold, silver and platinum had used by kings and queens, upper class society from ancient time, to express their prosperity, power and wealth. They preferred wearing jewelries made of silver and gold, and even fought for these precious metals. Trading was done in exchange for these precious metals. Even at present, precious and rare-earth metals like gold, silver and platinum are regarded valuable assets and are good investment choices.

Precious metals are a very worth investment item. Rare-earth metals like gold, silver and platinum had used by kings and queens, upper class society from ancient time, to express their prosperity, power and wealth. They preferred wearing jewelries made of silver and gold, and even fought for these precious metals. Trading was done in exchange for these precious metals. Even at present, precious and rare-earth metals like gold, silver and platinum are regarded valuable assets and are good investment choices.

There are several metals that make a good investment market, namely, silver, gold, platinum and palladium. Medium and small scale investors prefer to invest in silver as silver is much more affordable than gold. One ounce of gold is valued around 1770USD in the current metal investor market whereas one ounce of silver is worth around 35USD. By the end of 2013 these rates are expected to increase up to 2000USD and 50USD respectively.

For a long time, silver has been highly regarded as an alternative for money and has been a valuable asset. If someone wants to invest in silver he can buy either silver coins or silver bars. Buying silver coins is quite interesting as some of the silver coins in the market are very rate and therefore higher in value. Hence these silver coins make a valuable investment item and can bring a large amount of money when sold.

1885 silver dollar coin is one such popular collection item with a high demand and is frequently traded. This silver coin is also known as 1885 Morgan Silver dollar, and was produced during the period 1878- 1921. However, coins from some years are very rare due to limited production and are more expensive. This silver coin usually performs well in the investment market. The estimated price for a 1885 silver dollar coin in moderate condition is $35 and one in perfect condition values around $400. Further, uncirculated 1885 silver dollars worth double or triple the price of used silver coin. The 1885 silver dollar at Philadelphia mint (with no mint mark) and New Orleans mint (O) are the easiest to find and worth around $11-$25 on average.




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Ditulis oleh: Unknown - Wednesday, October 3, 2012

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