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Gold Coin Jewelry


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At times I have worn pendants around my neck for a variety of reasons. I never wore a necklace to display gold coins only as a gold necklace. Gold is for investment and as a hedge against inflation, which is the same as a dollar losing its value. Gold coins as bullion, which is gold priced in the open market by its fineness and weight are great to store, preferably in your possession. To wear gold coin jewelry is ostentatious in nature. Valuable bullion in the form of coins is not something to carry around with you. In the !930's and back to the founding of this nation gold coins were carried around. Not even back then was it worn as a necklace, or as some do now making a ring for the gold coin.

Gold is for serious collectors to store and if and when the time comes to trade it for cash. It would be traded back to cash in an emergency or if the price of gold is falling rapidly, and you paid a high price for it. There would be no harm in holding onto the coins even in a falling gold market. The price of gold will rise once again. Gold will always have a value and that value will most likely always be worth more than the dollar and most currencies.

Gold coin jewelry will always have its gold value but not as much as gold coins by themselves. This is true because the gold is either attached to a necklace or ring. The creation of the necklace and ring involved craftsmanship and you pay for that, the problem being, that charge has nothing to do with the price of gold. Purchasing gold coin jewelry will always demand a premium that will have you paying far too much than the market price of gold.

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