Five Steps To Get Started Collecting And Investing In Silver Coins

It is hard to know where to invest your money. You may not want to put money in the markets or in a savings account. You may want to have something more tangible, which is what you get with coins. You can invest in gold and silver coins to start building your assets. This is not only something that will give you a solid investment, but it can also be a fun hobby. Silver coins are an affordable way to begin your endeavor. Here are the steps to start investing and collection silver coins: 

1. Know Your Coins Before You Get Started Collecting

Before you get started collecting, you will want to know the different types of coins. These are basically divided into two categories. The first of these is the bullion coins that are produced for investment and are usually valued by their weight. There are also numismatic coins, which are coins for collectors, which can be special mints, coins that have been in circulation and rare historic coins.

2. Deciding On An Objective When Investing In Coins

You will also want to decide on your objective when collecting coins. If you are doing this for a hobby, the value of coins may not be as important to you. On the other hand, if you want to build assets, you will want to pay special attention to the value of coins to make your collection a valuable investment. This can include buying bullion, as well as rare coins that are worth more than their weight or face value. 

3. Making Secure Investments In Silver Coins For Collections

Once you have decided on your objectives, you will be ready to start buying coins. You will want to buy your coins from reputable dealers. Major mints also allow numismatic collectors to buy directly. There are also third party dealers that sell coins that are not available from mints. These silver coin dealers can have a lot of the rare and valuable coins you want to add to your collection.  

4. Buying Bullion And Specialty Coins For An Investment

If you are building a coin collection for your assets, bullion and rare coins can be a great investment. You can buy bullion from many different mints. If you are investing in silver, you want to make sure that it is 99.9 percent pure, which is the purest silver bullion. You can also buy silver coins from mints at the market price of silver. Look for the coins that have a limited production, which will ensure that they increase in value as they become rarer.

5. Collecting Rare And Numismatic Coins To Add Value To Your Collection

Another good way to build your investment is to find rare numismatic coins. These can be silver coins that have a limited production from mints. You can also find coins that are so rare, their value may be much more than their weight or face value. One good example of this is the US Nickels minted between the 1930s and 1960s. Most of these are worth a couple of dollars but some are worth more than one-hundred dollars.

These are some tips to help you get started investing in silver coins. If you want to start buying coins or have some to sell, contact a silver coin dealer (such as American Precious Metals Inc) to get the help you need with your coin collection. 

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Cement Your Lifelong Friendships with Monogram Necklaces

All of us have a core group of best friends whom we remain close to for life. That’s why friendship jewelry, including monogram necklaces, can be so meaningful. Creating matching monogram necklaces can cement those lifelong bonds and remind you why you became friends in the first place.

Benefits of Friendship Monogram Necklaces

The benefits of designing and purchasing friendship monogram necklaces are similar to those of friendship bracelets, which include the following:

  • Staying close to friends over a long distance
  • Creating of a reminder of your friendship
  • Containing hidden meanings and metaphorical importance for your group
  • Giving each of you a cool and decorative piece of jewelry

Choosing the Metal and Decorations

Now that you’ve decided to make monogram friendship necklaces, you need to choose the type of metal you want to use as well as its color. Gold and silver are often utilized in friendship necklaces. These metals are strong and sturdy and are generally quite handsome with their yellow and silver colors. However, they may also be tinted different shades by the jewelry maker. If you are allergic to metal or want to try something different, acrylic and glass necklaces are also available.

After choosing the necklace material, you can decide on its decorations. Monogram necklaces can be adorned with a wide variety of materials, including these:

  • Diamonds
  • Gems
  • Decorative glass beads

Picking a Meaningful Monogram

Typically, the letters in a monogram necklace need to have some type of meaning for the person wearing it. Personal monograms usually reflect the person’s initials, but a friendship monogram necklace won’t have room for all of your initials if you have a group of several friends. That’s why it might be wise to focus on either first or last name initials.However, you may also choose letters that represent a shared experience. For example, if you all met at Lincoln High School, the initials could read “LHS” or some variation.

Giving Them Out

Try to make giving out your friendship monogram bracelets a special event, as simply handing them out without fanfare is a little boring. Fun ways to distribute your friendship monogram necklaces include these:

  • In a gift card given out the next time you meet
  • As Christmas gifts wrapped up in a large, bulky box (to generate some humor)
  • Wrapped around a nice bottle of wine
  • Hidden around the house with clues directing them towards the hiding spots
  • Tucked in mailed care packages filled with even more friendship items, such as bracelets, favorite chocolates, or framed pictures

By now, you should be chomping at the bit to create and distribute your meaningful monogram jewelry. Contact a jeweler near you and don’t be afraid to invest some real cash. After all, your friends will appreciate it for a lifetime.

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