King Charles III, The New Face of British Coinage

In recent months, Britain has continued its mourning after the passing of Queen Elizabeth II in September 2022. As they heal, many changes have begun with the adoption of King Charles III on coinage and banknotes. The King has not officially been coronated, with the coronation of King Charles and his wife, Camilla, scheduled for Saturday, May 6, 2023. The long period with no official monarch is a long-standing tradition that the country remains in mourning for an appropriate amount of time.

As noted in the GoldClub Review earlier this year, the Royal Mint unveiled the new portrait of King Charles III in October 2022. The design was created by British sculptor Martin Jennings. Jennings is a well-respected artist, known for his ability to capture the likeness and personality of his subjects in his sculptures. The portrait was sculpted from a photograph of the King and incorporates elements from iconic portraits of other monarchs from Britain’s vast history of coinage. This design has been personally approved by King Charles III.

One of King Charles III’s main priorities is sustainability. The royal household advised major governmental organizations to take this into account with the change in the monarchy. The Royal Mint, Royal Mail, and Bank of England all announced the change of effigies will take place gradually to lower the cost and environmental impact. New coinage and banknotes will be produced to replace old, worn-out currency, but banknotes featuring Queen Elizabeth II will continue to circulate. Currency featuring Queen Elizabeth II is expected to be in circulation for at least 20 more years. King Charles will be only the second monarch to be featured on banknotes, as Queen Elizabeth II’s effigy only began appearing on banknotes in 1960.

Updated Features

The new design differs from Queen Elizabeth II’s effigy in a few ways. The new portrait shows King Charles III in left-profile relief, opposite his mother’s. It is a tradition in the monarchy to change the direction the monarch faces when every new monarch comes into power. The King is also portrayed without a crown, contrasting many of Queen Elizabeth’s effigies. Surrounding the portrait is the inscription “• CHARLES III • D • G • REX • F • D,”  which translates to “King Charles III, by the Grace of God, Defender of the Faith” in Latin.

The first coins to feature this effigy were the 50 pence coin and the commemorative £5 coin. The coins’ releases were meant to honor the life of Queen Elizabeth II. The 50 pence coin features King Charles III on one side and a design highlighting the 1953 coronation of Queen Elizabeth II on the reverse side. 9.6 billion coins are going to be produced to honor the Queen’s 96 years of life. The reverse of the commemorative £5 coin features two portraits of Queen Elizabeth II designed by artist John Bergdahl.

Obverse and Reverse

The first 2023 Britannias to include King Charles III on the obverse have now been minted and are available to order from GoldClub Direct. The reverse face of the coin remains the same design. For a limited release, the Royal Mint produced 2023 Britannias that featured Queen Elizabeth II as they were adapting to the largest change in British coinage in decades. Throughout this year and in future years, more and more bullion products from the Royal Mint will feature King Charles III. 

It is not only British coinage that is affected by this change. All members of the British Commonwealth also feature the monarch on their currency. Countries like Canada, Australia, and others will also change their currency to feature King Charles III. These portraits could be different from those of the Royal Mint as each sovereign mint has the ability to create its own design.

2023 Gold and Silver Britannia’s and other King Charles III coinage available now!

If you are looking to be one of the first investors or collectors to get your hands on bullion coins featuring King Charles III, check out GoldClub Direct for some of the lowest prices on the internet. Please don’t hesitate to reach out to GoldClub support specialists for any questions you may have. They are reachable by phone at 1-800-700-4715, by email at, or through the live chat feature in the bottom right-hand corner.

All Updates and Market info are provided as a third party analysis and do not necessarily reflect the explicit views of GoldClub Direct LLC. and should not be construed as financial advice.

Introduction to Precious Metals Investment Strategy Theory: Dollar-Cost Averaging

Most things in life don’t come with “free trials” or “investment insurance” and starting something is never easy; we all have different goals, risk tolerance and time horizon. When it comes to investing in precious metals, it can be difficult to know where to start and how to come up with a personal investment strategy that works for you.  For many, the journey begins with a desire to protect family wealth and diversify one’s portfolio. As the global economy becomes increasingly uncertain and markets become more volatile, many look to find a way to protect investments from potential downturns.

Enter the potential benefits of investing in precious metals.

It is quickly evident that precious metals have a low correlation with other asset classes and can act as a “safe haven” investment during times of economic turmoil. This makes them an attractive portfolio diversification tool.

There are several different strategies that investors can use when investing in precious metals. Some examples include:

·         Physical ownership: This strategy involves physically owning the precious metal, such as buying gold or silver coins or bars. This can be a good option for investors who want to have direct control over their investment and the ability to physically hold and store the metal.

·         ETFs and Mutual Funds: This strategy involves investing in exchange-traded funds (ETFs) or mutual funds that track the price of precious metals. This can be a good option for investors who want to gain exposure to precious metals without the hassle of physically storing them.

·         Mining stocks: This strategy involves investing in companies that mine and extract precious metals. This can be a more speculative option, as the performance of mining stocks is often closely tied to the price of the underlying metal.

·         Options and Futures: This strategy involves buying options or futures contracts on precious metals. This can be a more advanced and risky strategy, as options and futures trading involves significant leverage and can result in large losses if not executed properly.

·         Collectible Coins: This strategy involves investing in rare and collectible coins, which can appreciate in value over time due to their rarity and historical significance.

·         Allocation strategy: This strategy involves allocating a specific percentage of a portfolio to precious metals. This can be a good option for investors who want to diversify their portfolio and gain exposure to precious metals without over-allocating to the asset class.


Dollar-cost averaging

While many of the above options pose as suitable starting points, let’s take a closer look at one of the most commonly used strategies when combining physical acquisition with an allocation strategy. The first thing to understand about  Dollar-Cost Averaging (DCA) is that it is a way to reduce the risk of market timing. DCA is a popular investment strategy that involves investing a fixed amount of money at regular intervals, regardless of the price of the asset. This strategy is often used by investors when buying stocks, but it can also be applied to investing in precious metals, such as gold and silver. DCA can be an effective strategy when investing in precious metals and can help mitigate the risk of market volatility.

 When investing in precious metals, it can be tempting to try to time the market by buying when prices are low and selling when prices are high. However, this can be a difficult and unreliable strategy, as predicting the direction of the market is never certain. DCA helps to mitigate this risk by investing a fixed amount of money at regular intervals, regardless of the current price of the asset. This means that investors are buying precious metals at different prices, which helps to average out the cost of their investment over time.

DCA is also effective at mitigating the risk of volatility. Precious metals are known for their volatility, and the prices of gold and silver can fluctuate greatly over short periods of time. This can make investing in precious metals a risky proposition for some investors. However, DCA helps to mitigate this risk by investing a fixed amount of money at regular intervals, regardless of the current price of the asset. This means that investors are buying more precious metals when prices are low and less when prices are high. This helps to reduce the overall volatility of the investment and ensure that investors are not buying at the top of the market.

Another advantage of DCA is that it encourages long-term investing. When investing in precious metals, it can be easy to get caught up in short-term fluctuations in the market. However, DCA encourages investors to focus on the long-term by investing a fixed amount of money at regular intervals. This helps to ensure that investors are not swayed by short-term market fluctuations and are instead focused on the long-term potential of their investment.

DCA is also a simple and easy strategy to implement. Unlike other investment strategies, which can be complex and difficult to understand, DCA is a straightforward and easy-to-implement strategy. All an investor needs to do is decide how much they want to invest, and then invest that amount at regular intervals. This can be done through a broker or a precious metals IRA, and it can be automated so that the investor does not have to worry about timing the market.

Finally, DCA is a cost-effective strategy. When investing in precious metals, investors often must pay a premium for the metal, which can be a significant cost. DCA helps to mitigate this cost by investing a fixed amount of money at regular intervals, regardless of the current price of the asset. This means that investors are buying precious metals at different prices, which helps to average out the cost of their investment over time. Moreover, investors are likely to closely mirror the 50- and 100-day moving averages by engaging in this type of strategy.

It is important to note that there can be some drawbacks to this strategy:

·         One of the downsides of DCA is that it may not take advantage of market opportunities and result in a higher overall cost for the investment.

·         Another downside is that it may not be suitable for investors with a short-term time horizon and for those looking for a quick profit.

·         DCA may not perform well in a rapidly rising market, as it may lead to buying more of the asset at higher prices, lowering the potential return on investment.

·         It can be a costly strategy as it requires regular contributions to the investment regardless of market conditions, which can be a burden for some investors.

While there is no free trial, DCA does offer a way to test a market and investment while minimizing upfront risk. Dollar-cost averaging is a powerful strategy that can help investors mitigate the risk of market volatility and encourage long-term investing when it comes to precious metals. It is simple, easy to implement and cost-effective. By investing a fixed amount of money at regular intervals, regardless of the current price of the asset, investors are able to average out the cost of their investment over time, which helps to reduce the overall volatility of the investment and ensure that they are not buying at the top of the market.

It is important to note that, like any investment strategy, DCA doesn’t guarantee profits or protect against losses. It’s always important to do your own research.

All Updates and Market info are provided as a third party analysis and do not necessarily reflect the explicit views of GoldClub Direct LLC.. and should not be construed as financial advice.

The Future of Gold and Silver: Prices, Predictions, and More

As investors and traders look to research and forecast for 2023, one of the most important questions on their minds is what the economic outlook of gold and silver will be. With gold and silver being two of the most popular and valuable commodities in the world, understanding the potential price movements and predictions for these precious metals is essential for anyone looking to make informed decisions in the financial markets. 2022 once again provided evidence of how gold preserves when there is turbulence in the market. Are we in for a record bearish or bullish year? Let’s explore the future of gold and silver, looking at prices, predictions, and more.

1. Gold and silver prices have been on an upward trend since the second half of 2022, with gold prices seeing an increase of over 10 percent in Q4.

2. Analysts predict that gold and silver prices will continue to rise in the coming years, with some expecting a bullish outlook for 2023.

3. The US dollar is expected to remain weak in the coming years. Keep an eye on central bank interest rates.

4. Global geopolitical tensions are expected to remain high in the coming years.

5. Gold and silver prices could be affected by key races for governor, mayor and other offices, indicating momentum for the direction of the US presidential election in November 2024.

Overview of Gold and Silver

Gold and silver (next to currencies and bonds) are both considered safe-haven assets, meaning they tend to increase in value during times of economic uncertainty. As such, gold and silver’s price range tends to move inversely to the stock market, meaning that when the stock market is down, gold and silver prices tend to go up. Gold and silver prices are also affected by supply and demand, as well as geopolitical events. Factors such as GDP growth, inflation, and currency exchange rates will all play a role in determining the price of gold and silver.

When it comes to predicting the future of gold and silver prices, there are a few different factors to consider. First, it’s important to look at the current economic environment. If the economy is strong and there is low inflation, gold and silver prices tend to be lower. On the other hand, if the economy is average-to-weak and there is high inflation, gold and silver prices tend to surge higher. It’s also important to look at the physical demand for gold and silver. If institutional, retail, and industrial demand is high, prices tend to increase. Conversely, if demand is low, prices tend to decrease- while if they drop too low, supply will dwindle.

Traders can utilize strong technical indicators to better anticipate price fluctuations and still provide the wrong results due to unforeseen geopolitical activities. If there is political or economic instability in a particular region, gold and silver prices tend to receive a boost. Looking along party lines: when a Democrat is in office metals prices tend to rise, while Republican leadership typically pushes prices down.

II. Economic Outlook for Gold and Silver in 2023

Overall, the economic outlook for gold and silver in 2023 should yield positive energy. As the global economy continues to recover from the pandemic, demand for gold and silver is expected to remain strong. Additionally, geopolitical events such as the Ukrainian invasion will continue to stoke metals prices. Rising inflation in the US leading to expanded global recession pressures could also have a broader impact on gold and silver prices. And while the dollar had a strong annual performance, last year’s gold rally in December showed that the greenback is weakening. The rally doesn’t show any signs of stopping, trading above the 50-day moving average and likely pushing above $1,900. The market’s consensus seems to indicate a more severe downturn is still on the horizon in the short term.

Furthermore, the introduction of new technologies and alternative investments could reduce the appeal of gold and silver as safe-haven assets. While Cryptocurrencies may have lost their luster in recent months, it will be interesting to see how they will rebound in the new year. It’s possible many who favored crypto yet again revisit precious metals as a safe haven asset.

Gold and silver are two of the most important commodities in the world and understanding the future of these precious metals are essential for anyone looking to make informed decisions investing in the financial markets. Will we see any additional unexpected geopolitical activities impact the market? Or perhaps a new trend on TikTok where Gen Z falls in love with physical metals! Overall, the economic outlook for gold and silver in 2023 is positive, and it’s likely that prices will remain high. While easing tensions in Ukraine and Russia could help lower prices, It’s hard to imagine prices falling to pre-covid levels. As such, it is impossible to predict the prices of gold and silver for 2023 accurately. However, by monitoring the market and staying informed of global events, investors can make informed decisions, rather than those based in fear and greed, about when to buy and sell gold and silver.

Don’t forget!  GoldClub Direct currently has 2023 American gold and silver eagles in stock and ready to ship!


All Updates and Market info are provided as a third party analysis and do not necessarily reflect the explicit views of GoldClub Direct LLC.. and should not be construed as financial advice.

Popular New Releases for 2023

It’s an exciting time for collectors and investors alike as the Royal Mint, South African Mint, and United States Mint are all set to release new products in 2023.

First up, the Royal Mint is releasing the 2023 1 OZ British Silver Britannia coin, which features the iconic Britannia design by Jody Clark. This design, which was first introduced in 1987, depicts Britannia, the female personification of Great Britain, as a strong and dignified figure. The reverse side of the coin features a depiction of the royal shield, which is surrounded by the names of the four countries that make up the United Kingdom: England, Scotland, Wales, and Northern Ireland.

The 2023 1 OZ British Gold Royal Tudor Beasts Yale of Beaufort coin is also being released by the Royal Mint this year. This coin features the Yale of Beaufort, a mythical beast that was believed to be a protector of livestock and a symbol of prosperity. The design on the reverse side of the coin, by artist Thomas Woodcock, depicts the Yale of Beaufort in a stylized and elegant manner, surrounded by the inscription “Yale of Beaufort.”

In addition to these two coins, the South African Mint is releasing the 2023 1 OZ South African Gold Krugerrand coin. The Krugerrand is one of the most well-known and widely collected gold coins in the world, and the 2023 release is sure to be highly sought after by collectors and investors alike. The coin features the iconic Springbok antelope design by Coert Steynberg on the reverse side, and the obverse side features a portrait of Paul Kruger, the former President of the South African Republic.

Finally, the United States Mint is releasing the 2023 1 OZ American Silver Eagle coin. This coin is the official silver bullion coin of the United States and has been minted every year since 1986. The design on the obverse side of the coin, by Adolph A. Weinman, depicts Lady Liberty draped in an American flag, walking confidently forward. The reverse side of the coin features the detailed depiction of the face of an Eagle, created by Jennie Norris.

2023 is shaping up to be an exciting year for coin collectors and investors, with the release of four new coins from the Royal Mint, South African Mint, and United States Mint. Each of these coins features unique and intricate designs, and is sure to be a valuable addition to any collection. Whether you’re a seasoned collector or just getting started, these new releases are not to be missed, and are available now at GoldClub Direct!

All Updates and Market info are provided as a third party analysis and do not necessarily reflect the explicit views of GoldClub Direct LLC.. and should not be construed as financial advice.


New Years Investing Resolution: Shift to Precious Metals

As the new year approaches, many of us are thinking about our resolutions and goals for the upcoming year. While some people may focus on things like getting in shape or learning a new skill, one resolution that might be worth considering is investing in precious metals.

There are a few reasons why this might be a smart move in 2023. First and foremost, precious metals tend to hold their value over time, making them a relatively stable investment option. This can be especially appealing in an economic climate that is uncertain or volatile. Recently, we have witness some pullback in other asset classes, opening the door for a strong performance in the new year.

In addition to their stability, precious metals can also provide a hedge against inflation. When the value of money decreases due to inflation, the value of assets like gold and silver can increase, helping to offset some of the negative effects of inflation.

Another reason to consider investing in precious metals is that they are a physical asset that you can hold on to. This can be a nice contrast to more abstract investments like stocks or bonds, which may be subject to market fluctuations.

Overall, investing in precious metals can be a smart move in 2023, offering stability, protection against inflation, and the opportunity to hold a physical asset. As you think about your new year’s resolutions, consider adding this to your list and take steps towards diversifying your investment portfolio.


All Updates and Market info are provided as a third party analysis and do not necessarily reflect the explicit views of GoldClubDirect LLC.. and should not be construed as financial advice.

The Use of Precious Metals in Medicine

Precious metals are used in many different industries, from industrial manufacturing to jewelry. One industry where precious metals have great importance is the medical industry. Precious metals have many healing qualities used to treat various conditions. Their unique properties have cemented precious metals’ crucial role in the world of healthcare. 

The use of precious metals in medicine can be traced back thousands of years. Precious metals like gold, silver, and platinum have distinctive physical and chemical properties that make them useful in a variety of medical applications. It is thought that gold was used to treat bone disorders and other inflammatory conditions. Silver has also long been used by the ancient Greeks and Romans to treat wounds and infections. Platinum was not discovered until 1735, and was first used in medicine in the 19th century. 


To this day, precious metals are still used in medicinal practices. Gold is used to treat arthritis and other inflammatory conditions. Gold has anti-inflammatory properties, and when gold salt solutions are injected into affected joint areas in rheumatoid arthritis patients, it has been seen to reduce joint inflammation and pain. Recently, gold has also been tested as a possible treatment for cancer. Gold nanoshells have the ability to target cancer cells without destroying as many healthy cells. This can lead to fewer side effects than other treatments like modern radiation and chemotherapy. Although a complicated process, gold nanoshells are currently under clinical trials as a new form of treatment.

Another important aspect of gold in the medical field is its use in brain implants and other medical devices. Gold is highly conductive and does not wear over time, which makes the metal essential to create electrodes for medical devices.


Silver is known for its antimicrobial properties, making it a valuable asset to fight off infections. Many medical devices are coated in silver as protection against infections.  Hospital use of silver medical equipment is on the rise to fight against the spread of the superbug MRSA. X-ray film uses silver as a key component, however, digital film is decreasing the demand for silver in this industry. Silver is also used in wound dressings and creams because of silver’s ability to keep bacteria away and let the body heal. Like gold, silver is also being developed to create silver nanoparticles. In nanoparticle form, silver can be even more effective at fighting off bacteria and promoting good health.

Although FDA-approved products containing silver are safe to use and the toxicity of silver is low, large amounts of silver ingested or topically applied can accumulate in the body leading to a condition called argyria, which turns the skin blue when exposed to light. The Agency for Toxic Substances and Disease Registry classifies argyria as only a cosmetic condition.


Platinum is also used in many medical devices as well as a treatment to target and kill cancer cells. Platinum is used in chemotherapy drugs to treat various types of cancer by binding to both strands of DNA in cancer cells so the cell cannot repair itself or make new DNA. Unfortunately, the drug can cause major side effects and lead to the cancer tumor developing resistance to the platinum drug. Platinum is also used as an essential component in peacemakers, implantable defibrillators, catheters, and other medical devices. Platinum is biocompatible, inert within the body, durable, and electrically conductive, making it a key aspect of important devices.


Precious metals have always had an essential role in the healthcare industry. As research continues on the properties of precious metals, we will continue to see their importance grow in the medical industry. Over recent years, exciting developments have come forth, and this trend should continue for the years to come.


All Updates and Market info are provided as a third party analysis and do not necessarily reflect the explicit views of GoldClubDirect LLC.. and should not be construed as financial advice.

The History of the Gold Standard


The gold standard is a monetary system in which the currency is backed by gold reserves. Every denomination of currency is worth a specific amount of gold. The fixed price of gold is used to regulate the value of the currency, and the government can buy and sell gold at that price. Therefore, if the government wanted to add more money into circulation, there would also have to be equal additions to the gold reserves. This system helps to provide long-term stability as it is difficult for the government to inflate prices with the currency pegged to gold. 


History of the United States Gold Standard

There are no longer any countries that use the gold standard. The United States used the gold standard from 1879 to 1933 and had a quasi-gold standard from 1934-1971. Today, the United States uses a fiat monetary system, which uses a currency that the government creates, and that currency must be accepted as payment for its given value.  

In 1792, the United States adopted a bimetallic standard, as silver was more abundant at that time. The silver-to-gold ratio was set at 15-1, however, the value of the metals varied greatly over time, which pushed gold out of circulation. The Coinage Act of 1834 tried to fix this problem by changing the ratio to 16-1.  This act led to the adoption of the gold standard. 


The Gold Standard

Although there was a period of fiat money from 1862 to 1879, the true gold standard in America lasted from 1879 to 1933. During this time, gold and the US dollar could be exchanged based on the fixed price set by the government. In 1900, the US Government committed to the gold standard by declaring the gold dollar as the standard unit of account, and a gold reserve for paper money was established. In 1933, the official gold standard of the United States ended. Franklin D. Roosevelt signed Executive Order 6102 into law. This law forced all Americans to turn in their gold, except for a few exceptions, to be redeemed for a set price of $20.67 per ounce. Convertibility of money to gold was then suspended, and a new parity of gold with a devaluation of 40% was established for international transactions, at a price of $35 per ounce. American citizens were still barred from “hoarding” gold, so the gold value of the US dollar was almost meaningless. 


The Quasi-Gold Standard

The laws signed by Franklin D. Roosevelt began the United States quasi-gold standard. Under this system, the dollar was still defined in terms of gold. This continued under the Bretton Woods international monetary agreement of 1944, which used gold as the universal standard for collective international currency exchange.


The $35 per ounce convertibility of gold remained until 1971 when Richard Nixon announced the United States would no longer convert dollars to gold at the fixed value. The dollar-to-gold ratio did not change until 1972 with a devaluation of the dollar to $38 per ounce of gold. There were still no conversions from the US government at this price. The dollar was devalued again to $42.22 per ounce, but this price couldn’t be sustained either. In reality, the US was taken off the gold standard after Nixon announced an end to gold-dollar convertibility, but it wasn’t until 1976 that the government officially removed gold from the description of the dollar.  In 1974, Gerald Ford signed legislation to allow citizens to own gold bullion again. The United States monetary system returned to the use of fiat money.

 All Updates and Market info are provided as a third party analysis and do not necessarily reflect the explicit views of GoldClubDirect LLC.. and should not be construed as financial advice.

Where can I store my precious metals in 2022?

Storage of precious metals has often been thought of as a deterrent when buying precious metals, when compared to buying stocks or other digital assets that do not demand storage(although personal storage has become popular in these areas as well). Although storage does add an extra step, it should not deter you away from buying these commodities.  There are many different places to store precious metals. Each site has its advantages and drawbacks. This article will go over some popular choices of where investors tend to store their assets.


Home Safe

A typical storage place for precious metals is a home safe. If your house has space to install a home safe, this could be an intriguing option. It offers quick access in emergencies and controllability. It is important to know there is always the possibility of theft or damage from natural disasters, so high-quality safes that are fire-proof and water-proof might be worth the extra costs.


Hiding Spots

Another in-home option is to hide the precious metals throughout the property. This option can also be at risk of theft or natural disaster, especially if you tell others where you are hiding the assets. Hiding spots can include in drawers, in the walls, in the attic, buried in the ground, etc.  The more creative the hiding spot, the better. This is the cheapest option available.


Bank Safety Deposit Boxes

Safety deposit boxes are another option for precious metal investors. This is less common because the boxes tend to be too small to fit a large amount of metals and access to the box is limited to the bank’s hours. Safety deposit boxes are also not FDIC insured but are still under the control of the banking system. If the banking system was to crash, you would not be insured for your investments being held by the bank.

Third-Party Depository

Many storage facilities around the world will store your precious metals for a fee. These facilities are usually high-tech and insured, meaning you can rest easy knowing your assets are safe. Depositories offer segregated or non-segregated storage, meaning you can keep your metals separated from other metals, or in a more communal storage area. Depositories are also necessary if you are looking to add precious metals to a self-directed IRA. If you are looking for a trustworthy storage facility, AMGL is GoldClub Direct’s preferred depository.


All Updates and Market info are provided as a third party analysis and do not necessarily reflect the explicit views of GoldClubDirect LLC.. and should not be construed as financial advice.

How should I care for my precious metals in 2022?

As the holidays approach, it is a great time to reflect on how we maintain important aspects of our health and lives and give thanks for all our blessings. In the same vein, it is important when receiving precious metals to understand how to care for the product. Using the appropriate methods can help to maintain the value of your asset.

Upon arrival, handling the coin with care will help to preserve the condition. Before holding the product, it is recommended to wash your hands and use hand sanitizer. Only handle the product when it is necessary to do so. For collectible products, it can also help to hold the coin or bar by its edges, so as to not get fingerprints on the obverse or reverse. If available, use lint-free cotton gloves to handle the asset to avoid fingerprints.

Another helpful tip is to prepare a cleaned area for you to place the asset. A piece of cloth or towel can help to reduce unnecessary contact with dirty surfaces. A soft texture can also help to reduce any damage if the commodity is accidentally dropped.

When handling different metals, it is also smart to keep the products separate and clean your hands when switching between products. This will ensure no dirt from one metal can tarnish the other metal. Avoid breathing over the products to keep damaging moisture away from the assets.

Many people believe cleaning a precious metal product can add value to it. This is a large misconception. Cleaning a coin can damage the coin and lower its value. Many collectors would rather have an original product with some blemishes than an incorrectly cleaned product.

If cleaning your asset is necessary, it is suggested to only clean the most superficial layer of the product. This will help to keep the precious metal fully intact. Only use mild soap and water. Specialized polishers can corrode the metal. Once washed, pat dry with a soft towel, being careful not to scrub, as this can scratch the surface. Dry completely before returning the product to storage.

Storage is also a very important aspect of caring for your metals. Store your metals in a cool, dry place. The best containers for precious metals are airtight and natural to prevent any moisture from getting in and to keep corrosive elements away from your assets. Just as with handling, it is essential to separate tarnished metals from untarnished metals to prevent cross-contamination. By following all of these steps, you will be able to care for your products to ensure quality and value remains.

All Updates and Market info are provided as a third party analysis and do not necessarily reflect the explicit views of GoldClubDirect LLC.. and should not be construed as financial advice.

Starting a coin collection in 2022

Many people want to start a coin collection, but don’t know where to start. This blog is a guide for prospective collectors looking to get their first coins. 

Collecting coins is a hobby that has many different avenues. Coin collecting for one person can be completely different than it is for another.  In general, people collect coins based on the design, country of origin, year, finish, mint mark, artist, denomination, etc.

 If you are looking to start collecting but do not want to spend a lot of money, you can start with coins you might already have. Popular beginner collections include getting a coin from every state or every year of mintage. Lincoln pennies are a good starting point, as they are still in circulation or can be purchased for a low cost at many online retailers, or at coin shows and dealerships. Another common collection set is Indian Head pennies.

Coin collecting is all about what you like. There is no right or wrong answer to what you should collect. If a set interests you, then start collecting that set. Once you start building your collection, make sure you handle your coins correctly. Coins can easily be scratched or start showing blemishes, so they should always be kept in a safe dry place. 

Research is one of the most important aspects of collecting. If you want to learn about all the United States coinage, buy The Guide Book of United States Coins, more commonly called the Red Book. Knowing about the coins you have, or want to buy, is very important to understand the value of the coins. This book will also teach you the history of each coin, and all the necessary information to become an advanced numismatist.

Another way to gain more experience in coin collecting is by joining a coin club. Coin clubs allow you to share information and speak with other enthusiasts about collecting. There are local and national coin clubs, depending on your preference. The American Numismatic Association has a directory available of coin clubs across the nation.

With the right plan, coin collecting can be a hobby that lasts a lifetime. Coin collecting should be an enjoyable adventure filled with passion and interest.

All Updates and Market info are provided as a third party analysis and do not necessarily reflect the explicit views of GoldClub Direct LLC.. and should not be construed as financial advice.