Not yet registered? Create a OverBlog!

Create my blog

How to buy gold half sovereigns

Gold half sovereigns are British gold coins issued by The Royal Mint of the United Kingdom. The UK gold sovereign is equivalent to one-pound sterling, but is more frequently used as a bullion coin or for adding to a person’s coins sets for collection. Therefore, half sovereign is equivalent to one-half pound sterling. Gold half sovereigns are still issued for commemorative purposes only. You can buy them from the government or through the Internet.

How to guard against buying counterfeit coins

One thing you should remember is that many people are still trying to lure people to invest in gold – unfortunately, they do not really have real gold to offer. They have counterfeits that are difficult to identify with an untrained eye. Nevertheless, there are still some ways that you can personally determine if your half sovereign is indeed genuine. One way of doing so is by having your recently purchased coin compared to a coin that has been proven genuine and is of the same type. Obviously, comparing a half sovereign to a genuine sovereign will only help to a certain extent. You can also try using a coin gauge and if that is not possible, consider weighing and measuring your recently purchased coin. Compare its weight to the standards defined for UK commemorative coins. If you have measured and weighed the coin several times, but they still do not match, there are chances that you have bought something fake.

Other types of money that you can invest in

Numismatics refers to the study and the habit of not only collecting coin, but also other types of medium of exchange such as paper money. Sometimes, commemorative and rare or limited-edition coins can be quite expensive. If you are currently cash-strapped, you can try lowering your investment just a bit by purchasing paper money instead. You can also try investing in gold as well. Although, this is the type of investment where you do not literally see the gold that you are buying and selling. Gold is at least something easier to purchase and sell off because it is considered valuable by many people. Unlike with coins, which are sometimes appealing only to numismatists, gold is still used for bartering or at least for improving the state of the economy.

Same category articles Banking

All about: Pentagon Federal Credit Union

All about: Pentagon Federal Credit Union

The Pentagon Federal Credit Union is a major North American financial institution, serving more than a million members of the United States armed forces. This includes the US Air Force, the Department of Defence and the Veterans of Foreign Wars. The company boasts more than 15 billion US dollars of assets and provides mortgages, individual loans and credit cards among other services.
How to qualify for the best home equity loan rates

How to qualify for the best home equity loan rates

Home equity loans allow homeowners to borrow against the value of their property that they already own. It's similar to taking a mortgage on the amount of your mortgage you have already paid for. Getting the best home equity loan rates depends on your personal situation and how much your equity on your property is worth.
Bad credit cash advances: Pros and cons

Bad credit cash advances: Pros and cons

A bad credit cash advance is designed to assist people who've been rejected for credit by their bank. If you can't pass a credit check due to missed, or late payments, during the last 7 years, low credit loans are the ideal solution. Find out the advantages and disadvantages of cash loans for adverse credit.
How do I get out of debt without bankruptcy?

How do I get out of debt without bankruptcy?

If you are over-burdened with unsecured debt, you need to take urgent action to realign your income and expenditure. There are ways to get out of debt without declaring bankruptcy, but they involve making an affordable monthly payment to your creditors. However, you will be able to eliminate debt and start a life which is completely free from credit obligations.