Where to Sell Your Prospected Gold

Once you have accumulated some gold from your gold prospecting, the next questions you might ask is where to sell your prospected gold?

In fact it could be a good idea to actually keep and accumulate the gold you prospect for and find. The value has been increasing ever year for several years and, with the current economic climate, is very likely to continue. So stashing away your gold could be a very good idea.

However, if you really want to sell your prospected gold nuggets there are several places you can do so. 

Firstly, it is very likely that the place you are prospecting, will have operators who are willing to buy your prospected gold. Even the club or association you belong to or some of their members may be willing to buy your gold. Especially if you were prospecting on an arranged tour. Alternatively, you can seek out gold buyers (and there are plenty of those) on the open market, or even sell your gold nuggets on such places as eBay for example. Scrap gold dealers is another alternative to selling your prospected gold.

A few pointers on selling your gold nuggets. Make sure you are aware of the current price of gold. This does not mean using the current futures price of gold as given on the news such as Sky, CNN etc. Check out the price per ounce being asked for and bought on eBay. eBay gold prices gives you a good idea of the current prices of gold in the market place. Currently these prices will be substantially higher that the gold futures price so THAT is the sort of prices you should be looking for when it comes to selling your gold. These are the prices people are willing to pay for gold in the real market. So who ever you sell your gold to, keep in mind the price you can expect to get.

Gold Field Operators will tend to offer you the gold futures price of gold as "that is the market price on the news." Unless they are willing to offer a decent price it is more worthwhile keeping it and selling it yourself on the open market. If you have a large quantity, such a large gold nugget or a couple of ounces or more, it is a good idea to get it valued by a gold assayer.

eBay will more than likely fetch the market price for gold. Same with other auction houses. A lot can depend on the quality and quantity of gold you are selling. You can get a good price for a large gold nugget but the number of buyers will be less, mostly due to the price.

Scrap Gold Buyers will give you the advertised market price per ounce, much the same as gold field operators. Much will depend on how quickly you want to sell your prospected gold. The quicker you want or need to sell it the cheaper you will sell it for.

Of course you may have the fortune to discover a very large gold nugget. Say 10 or 20 ounces. This is every prospectors dream. But rare as it may be, it does happen of course, and you can command a high price for it. Usually such events make the media and then you would be likely to get some interesting offers for the nugget. Such nuggets can sell at auction houses, such as Sothebys etc for large sums of money.

The longer you keep your gold the more it may increase in value. On the other hand, if you intend to sell your gold, it is really a matter of knowing where to look around to find out where the best market is to sell your prospected gold

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Gold Prospecting Equipment

To embark on the exciting adventure of gold prospecting, you do not need a lot of equipment, and you can get inexpensive gold prospecting equipment start off with. Naturally you can go all for broke and purchase heaps of gold mining equipment, including sophisticated gold metal detectors, gold metal sluice boxes and end up being a gold miner rather than a gold prospector.

But to start with you only need a few simple gold prospecting tools which will not cost the earth and you can have heaps of fun panning for gold in small streams and fields.

In fact many of the gold prospecting tools you can even find around the home. There are a few tools, you will need to buy, such as a good gold pan for example, but they are usually inexpensive.

Gold Pan. A light weight plastic pan with deep riffles or gravity traps to help to hold the gold is ideal. Try to avoid the steel or metal pans as they are heavier and harder to use and can also rust with the continual immersion in water. You can get a 10 or 12 inch black gold pan for around three to ten dollars. Color wise the pan should be black or as dark as you can get, as it is then easier to see gold flecks in it then. Use the time at the river beds for panning and you can use the bucket to take home any black sand concentrate to sift at home for gold.

A small pick and shovel. This is a good idea for digging out gold from crevices. The pick can be used to open the cracks wider so you can get inside them easier. You will be amazed how much gold one can find at the bottom of a small crevice or crack. Also small tools such as paint brush, screwdrivers, tablespoon, garden trowels and similar. Gold is heavier and denser than earth or rock and these tools will help to dig out gold from crevasses and small fissures.

A small bottle. This is for storing the gold you find. Just about any small bottle will be suitable provided it can be closed tightly and is water proof. Clear Plastic is ideal although glass will do also. Also 35 mm film containers work well although you cannot see inside them of course.

Various equipment such as a torch, spare batteries, a compass, plastic bags, a bucket to put all your gold prospecting equipment in, goggles to protect the eyes from rock when you are digging with the pick axe. A magnet also can help extract those tiny fleck of gold from sand.

Other optional items include a classifier or screen, sniffer bottle or suction tweezers. Sniffer bottles are also called snuffer bottles or sucker bottles, are handy for removing even very fine gold from your pan.

There are many other gold prospecting tools such as sluice boxes, miners moss and many others tools and equipment that can be used but the above is a good basic gold mining or gold prospecting tool kit to start with.

Many gold prospectors have found thousands of dollars worth of gold nuggets with just the simplest of gold prospecting equipment, lots of patience and being thorough in their panning.

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Prospecting for Gold (GOlding)

The easiest and simplest way prospecting for gold can be done is by panning for gold.

Panning for gold is the cheapest way to find gold. Firstly you need to find the best location in the area you are prospecting. Pick a spot where the water is about 6 inches deep and flowing steadily. Just fast enough that you can see the pan in the water and can sit comfortably.

The trick of panning for gold is in the dexterity in using the gold pan and keeping a sharp eye out. Patience is very important as you might spend a long time with no results, but when you do get results the satisfaction will be marvelous.

First, fill the pan with about three quarters gravel. Then submerge it just under the water surface. Give the pan a few shakes from side to side but not to violently. You don’t want to wash material out of the pan just yet.

Then change from the shaking motion to a circular motion swirling the material around in the pan in a circle. This will get most of the dirt and clay to dissolve in the water and make it easier to wash out of the pan. If you find any roots, moss or other debris just pick them over with your fingers to break up any lumps. Often gold can be found clinging to bits of moss and roots or twigs even in the dirt attached to them. So you want to gently dissolve the dirt and clean the debris you find.

Just keep repeating this process until you have got all the rocks and dirt dissolved and up to the surface. The heavier concentrates should sink to the bottom. These will be where you will find the gold. This is really a gentle separation of heavy substances from the light. Gold is heavy and will sink to the bottom but as there might be very tiny particles of gold you do not want to lose them during the swirling. So be gentle and not too rough.

Ok now you need to wash off the lighter sand and dirt and you do this by tilting the pan slightly away from you. Begin to swirl the water side by side with a slight forward tossing motion. Don’t worry you will get the hang of it. Doing this you can spill the lighter material over the side of the pan.

You can level the pan from time to time and shaking it back and forth causing more lighter material to come to the surface which you can get rid of the same way. Just keep doing this and you will end up with about one or two handfuls of heavy material in the base of the pan. This material is generally called "black sand" or "concentrate". This is where you will find your gold.

Now raise the pan out of the water leaving about an inch of water in the pan. Tilt the pan slightly and swirl it around in a circular motion checking for gold nuggets and pieces you can pick out by hand.

Keep repeating this process. It is a critical part of the panning process. Here is where you will find your gold. Hopefully you will have a plastic pan (preferably black so any gold shows up. Use the magnet under the pan and move it in a circular motion with the pan tilted slightly. This will help to isolate gold from the black sand. You will need a strong magnet to reach through the plastic pan, especially if it is thick.

If you do use a steel pan, not recommended as it is quite heavy and subject to rust as well as hindering the use of a magnet, then you will need to remove any oil from the pan before use. You can do this by burning the pan over the hot coals of a camp fire and heating it to a dull red. Then dunk it in water. This not only burns off any residue oil but will also give the pan a bluish hue making it easier to locate gold specks.

Another useful tool is a small bottle of detergent. A couple of drops in the water helps to break up the surface tension f the water and speeds up the operation considerably. If you do this keep in mind the environment and use environmentally friendly detergent.

Some people might tell you that there is no gold left and that it has all been panned out from the rivers and streams. This is not so. Winter rains and storms bring down more water and wash more gold down the river beds. It has been estimated that all the gold minded and discovered is only about 5 percent of that available so prospecting for gold is still a worthwhile activity not to mention a lot of fun.

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Gold Prospecting (Gold)

It is becoming harder and harder to buy gold with the gold supply shortage and bigger demand for gold bullion. The wait period can be several months now for a person wanting to buy gold bullion.

Well, an alternative to buying gold bullion is gold prospecting. There is still lots of gold in "them thar hills" and it is not really hard to find with the right knowledge and equipment and a bit of determination. Besides which, imagine the excitement you will feel when you find that beautiful golden nugget worth thousands of dollars after panning in a stream in the fresh open air.

Gold prospecting is the action of searching potential gold deposits or looking for new gold deposits. There are various methods of prospecting for gold and these are not just for the commercial companies. Many a good living is being made, and some fine gold nuggets have been found by what is known as recreational gold prospecting.

How to Prospect for Gold
First one needs to understand a little about how to prospect for gold. For many years panning for gold in streams has been the traditional method of gold prospecting. There are many places around the world where this can and is still done with remarkable results. This is the way to find gold nuggets. Gold nuggets are only found on the surface and usually in streams although sometimes can be found in rock or earth. This sort of gold prospecting is uneconomical to do for large mining companies so there is still a lot of gold available for the prospector with his trusty gold pan or even a metal detector designed to scan the ground for gold. Recreational gold prospecting can be a lot of fun too for the whole family.

The basic gold prospecting techniques include panning, metal detectors and mining.

Gold Panning
Using gold prospecting pans is the simplest and cheapest. One finds an area where gold is known to be found and prospects for "placer gold". "Placer gold" is gold found in deposits of sand or gravel in the beds of streams. The gold pan used is a wide shallow dish, usually black or a dark color to show up any gold found, and the technique is to scope an amount of sediment from the river or stream bead and swirl that around gently in the pan with water, gradually filtering out the sand and gravel from any gold found. It works on a the gravity principle as gold will be heavier than the sand or gravel. Some expertise is needed but, with practice, a person can become quite adept at filtering out the gold from the sand.

Gold Metal Detector
Another gold prospecting technique is to use a metal detector. This is a machine that uses an electromagnetic field generated by the metal detector that is swept over and just under the surface of the ground. When the field meets gold (or any other metal it can be set for) the metal alters the electromagnetic field and this alteration is shown to the user so he or she knows that there is gold there. There are some very basic metal detectors that will basically detect metal and one would have to dig up everything found, from old rusty nails to bright coins or other metal, to very sophisticated models that can be adjusted to pick out gold or another precious metal only even if quite deep down under the surface.

Gold Mining
Mining is the other gold prospecting technique. This is for the more serious minded as it involves a lot of expense and equipment. It can also require the acquisition of mining rights and much more. For most people panning for gold and using metal detectors are the way to go. Especially for gold nugget prospecting!

Gold Prospecting Equipment
The gold prospecting tools needed for a day out depend on the type of gold prospecting you want to do.

Basic gold prospecting tools and equipment should include"

A gold prospecting pan

Digging implements such as a spade, and smaller ones

Good reliable compass so you don’t get lost

A easy to read and understand map of the area

A means of contact with the outside world, such as a cell phone or other communications device

Gold or metal detector

A book about gold prospecting

Good solid clothing and boots

For the more sophisticated there are also sluices, filters, and chemicals to check for the purity of gold plus many more additional tools and equipment.

A quick search on google or msn will get you a heap of suppliers willing to supply you with every imaginable gold prospecting tool you could ever need. 

If one is going to camp out for a night or two, then camping equipment and food etc, is a must. Also if one is going to go gold prospecting by oneself and out into the bush or country, it is advisable to inform someone of where you are going and how long you expect to be away.

Where to Prospect for Gold
Of course if we knew where all the gold was, it would have all been removed by now. In fact there are still many pockets of gold in most if not all of the major continents and quite possibly not far from you still available and waiting to be found. It has been estimated that only 5 percent of all the gold in the world has been found so there is still plenty more to find!

A good idea is to join a local gold prospecting club and perhaps, initially, join a gold prospecting tour. You can pick up much valuable information as well as go out with others and learn all the tricks of gold prospecting. One can pick up a lot of experiential information from others who enjoy the fun of gold prospecting. Locating your nearest club, joining in the gold prospecting tours, pouring over gold prospecting maps, all have an air of excitement hard to resist.

There are also a heap of gold prospecting books available from many online and local bookstores from the very simple to the extremely complex.

It should be noted that many areas have laws relating to gold prospecting. These are usually state gold prospecting laws and sometimes a licence is required before someone can go gold prospecting. It is advisable to check with the local authorities or gold prospecting clubs, who will have this sort of information, before venturing forth.

Above all, when going out gold prospecting, it is important to have fun and, who knows, you might be the one to find that big golden nugget worth thousands of dollars.

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True Value of Silver

In March 2010 I wrote that the silver was set to outpace gold Silver to Outpace Gold

"Silver looks set to outpace gold in the coming months with the current shortage becoming more and more pronounced."

"Silver should be trading at 128 dollars an ounce, adjusted for inflation since 1980 and probably would be except for the manipulation of the silver price by four major banks, including J.P. Morgan. This despite enormous investment demand from exchange traded funds (ETFs) and booming coin sales."

At that time silver was hovering around the 18 dollars an ounce mark. Now it is well over the 45 dollars an ounce mark and rising, and the possibility of reaching the 128 dollars an ounce level is becoming increasingly real, making me somewhat prophetical.

The ratio of gold to silver was, at that time, over 40 to one. The accompanying chart shows the dramatic plunge in the ratio between gold and silver.

In addition silver production is not expected to grow in 2010- 2012 with the supply side of the coin expected to remain bullish. Silver, unlike gold, gets used up and only five percent of silver produced is ever recovered and recycled.

According to the consultancy firm, CPM, 12 billion ounces of silver existed way back in 1900. Since then, that figure has plunged to only 680.9 million ounces in 2008, according to the Silver Institute (latest figures available). So over the last 110 years we've seen a massive 94% drop in above-ground supply. That's an alarming drop in global stocks.

In 2008, global silver mine production grew by a paltry 2.5% representing the 6th year of consecutive output growth and 77% of total supply for that calendar year. Peru once again ranked as the largest silver-producing nation in 2008 followed by Mexico, China, Australia and Chile, according to the Silver Institute. Peru produced a total of 118.3 million ounce of silver in 2008 or 17.4% of total world production.

The net supply of silver from above ground stocks actually fell by 14% in 2008 to 151.7 million ounces, mainly due to lower net government sales and a drop in scrap supply. Russia, China and India reduced their disposals resulting in a 27% fall in government sales in 2008 to 30.9 million ounces.

The world’s largest silver/lead/zinc mine is BHP Billiton’s huge Cannington Mine in Australia. This mine produces around 7% of the world’s supply of primary silver. This mine produced only 38.4 million ounces of silver in 2010 when silver revenues were approximately $400 million (more than 40% higher).

Silver is now at the cusp of a major rally the like of which has not been seen for many a year. Silver is now outperforming gold and this is likely to continue as the short positions become more and more intolerable for the four big banks, including J.P. Morgan. The largest U.S. bank, which acts as custodian for SLV, or the iShares Silver Trust on the NYSE, is also rumored to hold a massive silver short position of 200 million ounces. That statistic alone, more than any other variable and worth more than the entire production of Peruvian silver in 2008, cast a shadow on major resistance at $20 an ounce.

But, like any elastic stretched too far, the forces of supply and demand will has snapped back and overwhelmed the short sellers resulting in silver breaking the $20.78 an ounce prior ceiling and now reaching those dizzy heights of $45 plus per ounce as they did in the 80’s when the Hunt brothers tried to corner the market.
Silver will easily reach 50 dollars an ounce in the next few weeks or even days, and 128 dollars an ounce can now be seen in the distance.

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Gold Stocks (Gold And Mony)

There are many gold stock and gold share investment newsletters issued by various financial and gold analysts which one can study and follow.

Some of them are free and some are by paid subscription only. They come out on a regular basis usually monthly or weekly and in many cases, you can download a sample newsletter to see what it is like and if it is one you want to read on a regular basis.

Gold Stocks
Gold stocks are basically those shares or quantities of ownership in a company that administers gold, gold mining or gold in storage that one can buy and hold with a purpose of gaining a financial advantage, usually through the increased value of those stocks or shares or through dividends or a profit share issued to all holders of that stock or share.

Gold stocks can be much more volatile than gold prices as no two gold companies are the same. This adds many variables, such as companies management policy, mining diversification and other factors making it difficult to analyze the overall trend.

To quote Alan Snyder of Snyder Capital Management in San Francisco "Gold has all kinds of varying grades, meaning grams of gold per ton of rock." This means that the amount of gold obtainable from a ton of ore can vary depending on the quality of the grade of ore. Some ores might return ten grams of gold per ton while others may only return one gram. This affects the cost of production per ounce of course and so can have a big bearing on the overall cost of gold production for that company and is something that should be known about that mining company.

Let’s say for example it cost a company, $500 dollars per ounce to get an ounce of gold out of the ground. Provided the gold price remains well over the $500 mark per ounce then the company will make money. If the gold price, however, were to fall below $500 an ounce, for example less gold is obtainable per ton of ore processed, then the company will stop mining gold as its unprofitable. This is the operating leverage and this will vary with each company depending on their ore deposits and costs of operation in the country they are mining.

In addition, many gold mining companies, to offset potential losses, mine more than one mineral on the basis that they can gain on the swings that which they lose on the roundabout.

Companies must also list any reserves they have as deposits that are profitable to mine at current gold prices. So when the price of gold goes up, "a lot of ore that was too costly to mine at yesterday's price and therefore was not counted in reserves is now profitable and is counted in reserves," Snyder has pointed out.

Investors will value gold stocks and gold shares based on their price relative to reserves. When reserves go down, stock prices and shares will follow and when they go up so will the stock prices.

An additional complication when investing in gold stocks is that a company may ‘hedge’ or sell forward. This means it sells its production before it has happened. An example of this is selling a product before you have made it. This fixes the price of the product. A good example of this is just a couple of years ago at a time when gold prices were moving up, shares in Barrick Gold -- a large, stable company -- actually dropped because it had hedged a lot of its production. "The perception was, if gold goes up, Barrick won't benefit," says Lynn Russell, a gold-fund analyst at Morningstar. So it is important, when looking at investing in particular gold mining companies, to understand the management strategy as far as deposits and forward selling is concerned as this can greatly affect the value of the stock in that company.

Gold Stock Newsletters
So how you pick which is the best gold stock and investment letter to follow is a good question.

Most include information on:

Gold Stocks
Gold Shares
Gold stock investing
Gold stock prices
When gold stocks are going down
When gold stocks are going up

They can also include information on:

Australian gold stocks
American gold stocks
Canadian gold Stocks
Chinese gold stocks
African and South African gold stocks
Gold etf (exchange traded funds) shares
Junior gold stocks
Gold penny stocks
Gold stock warrants

Among other gold related issues and investment potentials.

All of the gold stock analysts are into predicting or trying to predict the future of gold stocks, gold shares and gold mining companies. Are gold stocks going up? Are gold stocks going down? What the best gold stock to invest in and similar issues.

These newsletters are covering, then, what the gold price going to do in months and years ahead and what sort of gold stocks or gold shares one should invest in. Also the gold stocks history and past performance as well as analysis by charts with the usual tools of technical analysis and fundamental approaches.

All of them, of course, display somewhere a disclaimer that they are not giving specific advice on investment or any financial advice. This is mainly to protect themselves from being sued by their readers or subscribers in the event that that subscriber or reader suffers a reversal of fortune or, in plain English, looses a lot of money as a result of following the advice or suggestions contained in the newsletter.

The write ups in this section of goldprice.org are basic information on the major gold stock and investment newsletters including who they are, a short bio or history, what they advise on and if the newsletter is free or needs to be subscribed to and if so how much it costs.

One should keep in mind that the discussions and look forwards in these newsletters are simply an opinion, informed of course, of the authors of the newsletter.

With that in mind many of them contain a lot of useful information, particularly about gold companies, what their management strategy is, their price history, any forward selling and much more. All very useful and can help one to make a decision about what to invest and where.

But the final decision will always rest with the investor, after all it is his or her money!


Gold Stock Newsletter Reviews
Here are some links to write up reviews to the more common and popular gold stock newsletters.

Aden Forecast
Big Gold
Dines Letter
Exploration Insights
Freemarket Gold Money Report
Fleckstein Newsletter
Global Watch Gold Forecaster
Gold World
Gold Newsletter
Gold Stock Bull Newsletter
Global Speculator
Ormetal Gold Stocks Newsletter
Harry Schultz Letter
Stealth Investor Newsletter
Taylors Gold Energy Tech Stocks
VR Gold Newsletter
Wall Street Window Newsletter
Zeal LLC Gold Stock Newsletter

Gold Investment
It should be born in mind that no one can predict the future when it comes to gold stocks and investments and all one can do is indicate potential or possible trends based on various factors that can affect the investment. In all cases one should consult with one’s own financial advisors before embarking on any investment as, not only is it important what one invests in and with how much, but also different types of investments have different tax implications and only you and your financial consultant understands your own tax position and what is the best investment for you.

One of the best investment vehicles for gold has always been the metal itself. There are no companies to take into consideration, no extra variables such as management strategies, other activities by companies that can affect their value and stock price.

But with the flow of information available from gold stock and investment newsletters, investors in gold can move further towards making an informed decision about how they would like to invest in gold.

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US Mint Gold

This write up of the US Mint explains exactly who the USD Mint are and what they deal in and is well worth reading before you decide to buy any gold or silver coins from the US Mint.

As always, it is prudent to always do one’s own due diligence before buying gold from any gold dealer or mint.

Who are the US Mint
The US Congress created the United States Mint on April 2, 1792. The Mint is responsible for creating the nationals coinage as well as providing precious metal coins for numismatic and other collectors for some years.

The US Mint creates revenue from manufacturing coins (in more way than one of course) but primarily from the precious metal coins from which it generates something on the order of 860 million dollars a year and a total of more than $1 billion in total annual revenues.

The primary mission of the United States Mint is given on the website.

To produce an adequate volume of circulating coinage for the nation to conduct its trade and commerce. In recent history circulating coin production has varied between 11 billion and 20 billion coins annually. In addition to producing coins, the United States Mint has other responsibilities, including the following:

Distributing U.S. coins to the Federal Reserve banks and branches.

Maintaining physical custody and protection of the Nation's $100 billion of U.S. gold and silver assets.

Producing proof, uncirculated, and commemorative coins, and medals for sale to the general public.

Manufacturing and selling platinum, silver, and gold bullion coins.
Overseeing of production facilities in Denver, Philadelphia, San Francisco and West Point, as well as the U.S. Bullion Depository at Fort Knox, Kentucky.

The US Mint operates 6 facilities across the US with each facility performing various functions. Current facilities are located in:

Washington, DC
Philadelphia, PA
West Point, NY
Fort Knox, KY
Denver, CO, and
San Francisco, Cal.

When the US Mint was created by Congress with the Coinage Act of 1792, it was placed within the Department of State. As per the terms of the Coinage Act, the first Mint building was located in Philadelphia, the then U.S. capital. It was the first building of the Republic raised under the Constitution.

The Mint's first director was renowned scientist David Rittenhouse. The position is currently held by Edmund C. Moy. Henry Voigt was the first Superintendent and Chief Coiner. He is credited with some of the first U.S. coin designs. Another important position at the Mint is that of Chief Engraver, which has been held by such men as Frank Gasparro, William Barber, Charles E. Barber, James B. Longacre, Christian Gobrecht and Anthony C. Paquet, among others.

The Mint was made an independent agency in 1799 and, under the Coinage Act of 1873, became part of the Department of the Treasury. It was placed under the auspices of the Treasurer of the United States in 1981.

Edmund C. Moy, the current Director, was sworn in as the 38th Director of the United States Mint on September 5, 2006.

In the financial year 2007 the United States Mint manufactured over 15 billion circulating coins, generated a revenue of $2.63 billion, and contributed $825 million in earnings to the United States Treasury.

About the US Mint
The number of coins minted today is astounding. Denver and Philadelphia alone produce 65 million to 80 million coins a day. The stories behind each of the mint locations are very interesting to read about.

The first United States Mint branch, established in 1792, was located in the Nation’s capital at that time, Philadelphia. These days, the US Mint at Philadelphia makes all the circulating and uncirculated coin denominations, as well as a variety of medals, and commemorative coins as authorized by Congress. In addition, the United States Mint Sculpting/Engraving Department, responsible for engraving all coin and medal designs, is housed at the United States Mint at Philadelphia.

Of course everyone will have heard of Fort Knox. although manufacturing is not conducted at the United States Bullion Depository in Kentucky, to give it its official name, it is still a vital part of the organization. Protected by the United States Mint Police, one of the Nation’s oldest federal law enforcement agencies, virtually all of the United States Treasury’s gold and silver reserves are held by the United States Mint.

The United States Mint manufactures proof coins mainly for collectors. The term "proof" refers to the manufacturing processes used to create a special coin finish that is distinguished by a high-relief image and a brilliant mirror-like background. The coins that compose both the United States Mint Proof Set(R) and the United States Mint Silver Proof Set(TM) are so beautiful that many people think of them as miniature works of art.

The US Mint produced its first “proof set” in 1936. That set consisted of 5 coins, including the one cent (penny), five cents (nickel), ten cents (dime), twenty-five cents (quarter-dollar) and fifty cents (half-dollar). Today’s sets also include the dollar coin featuring Sacagawea - the Golden Dollar. Since 1999, this set has also contained all five coins issued as part of the 50 State Quarters(R) Program

US Mint Products
As well as the national coinage, the US mint produces various single and collective groups of precious metal coins. Here is a short list of some of them.

50 State Quarters® Program
D. & U.S. Territories
Presidential $1 Coins
First Spouse Gold Coins
Native American $1 Coins
Lincoln One-Cent Redesign
American Gold Buffalo - 24K
American Gold Eagles
Commemoratives
Medals

It should be noted that such coins are really suitable more for numismatic and hobby collection purposes rather than investment. Mainly due to the high cost of the coins. The manufacturing process and other associated costs and profit margins means that one will pay many times the value of the gold or silver contained within the coins in order to obtain them.

Many people like to collect them however, for their intrinsic beauty and as a hobby. Any investment qualities are going to be extremely long term.

Investment in gold or silver should really be in the form of bullion such as rounds or bars.

US Mint Payment Options
If you want to buy gold coins, gold bullion, commemoratives, silver coins or silver bullion from the US Mint, they will accept all major credit cards online. You will need to open an account first and then select what you want from the product pages to be placed in the shopping cart. Then you simply order what is in the shopping cart and they will be delivered to the address you provided (which should be the same address as is on the credit card)

The Last Word on the US Mint
If you are interested in collecting US gold and silver coins purely for collecting sake then the US Mint is worth considering. Naturally all the dealers will buy from them and resell and so it is really a question of price as the coins, being hermetically sealed at the manufacturing stage, are going to be the same regardless of whom you buy them.

Of course, such coins are more suitable for collectors than for investment. Investment in gold and silver is best done using gold or silver rounds and bullion bars. in addition one can invest in gold and silver by owning it and not having the hassle of storage and transport issues, by going to  and opening an account there.

If you have bought any gold coins, silver coins, gold bullion or silver bullion from the www.usmint.gov, please feel free to leave feedback on the quality of service and products you found, including any

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Gold Price Android

GOLD PRICE Live provides real time and historical silver and gold price charts in your national currency. Silver and gold prices from all major US gold dealers compared.

Locate the best deals on all popular silver and gold coins and bars and call the gold dealers right from within the GOLD PRICELive android app.

Daily gold commentary from Franklin Sanders to keep you informed about trends in silver and gold and the critical support and resistance levels plus end of day quotes for the US Dollar, Dow Jones, S&P 500, Platinum Price, Palladium Price, Silver Gold Ratio, Gold Silver Ratio, Dow in Gold Ounces and Dow in Silver Ounces.

Features: 

- Live Silver Price and Gold Price charts in 26 national currencies, gold prices update every 1 minute, charts automatically refresh.

- Silver and gold price history charts including 1 day, 3 days, 30 days, 60 days, 1 year, 2 years, 5 years, 10 years, 15 years, 20 years,
25 years, and up to 36 years.

- Gold Price Charts in these currencies: USD, AUD, CAD, GBP, EUR, AED, ARS, BRL, CHF, CNY, COP, HKD, IDR, INR, JPY, KWD, MXN, MYR, NZD, PHP, RUB, SEK, SGD, TRY, VUV, ZAR

- Silver Price Charts in these currencies: USD, AUD, CAD, GBP, EUR, BRL, CHF, CNY, HKD, INR, JPY, KWD, MXN, NZD, RUB, TRY, ZAR

- Compare prices of all types of gold bullion and silver bullion to find the lowest priced gold and silver coins and bars so you get more gold and silver for your money.

- Compare prices of USA gold dealers to find the best deals today on all popular gold and silver coins and bars.

- Gold dealers are ranked by price for each type of bullion coin and bar with the premium above the spot gold price shown for each, all in one spot on your android phone.

- Click on the gold dealers phone numbers within the Gold Price Live android app and call them right away to buy gold and silver.

- Historical Charts of all popular gold and silver bullion coins showing the maximum, average and minimum price for the past 30 days, 60 days, 6 months and 1 year.

- Gold Dealers in other countries coming soon.

- Save your favorite charts collection then view them all in one convenient place on the home screen of the app, along with today's gold commentary.

- Simply turn your phone to landscape to enlarge the charts to fill the entire screen and then you can scroll through all your favorites as they update automatically in real time.

اقرأ المزيد Résuméabuiyad