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Invest in Mexican 50 Peso Gold Coin
By Wilson Snyder
With the recent financial meltdowns and declining US currency, smart investors are looking for better ways for asset preservation. Gold coins are one of the most valuable commodities to protect personal wealth and offset risk, which is discovered during countless crisis situations over the centuries. Although most investors focus on US and European gold coins, Mexican gold coins, especially 50 peso, are also good asset to combat inflation.
Mexican 50 Peso is among one of the most beautiful designs of any gold coins, more than 20% larger than the popular 1-oz Gold Eagles. It features a winged angel with the legendary mountains in the background. The reverse side features an eagle with a snake in its beak.
First minted in 1921, Mexican 50 peso honors the Independence of Mexico. It contains 1.2057oz of gold in an alloy of 90% gold and 10% copper. It was only made from 1921-1931 and then from 1944-1947. Being over 1.2 ounces of contained gold, it is a great vehicle for holding gold than the popular US $20 gold coin, which has less than 1oz of gold. While the price of most of the US gold coins have increased sharply over the past several years, the price of Mexican 50 peso is still in the ground floor. Mexican 50 peso maybe a highly undervalued area in gold coin market. So this is a good time to begin a collection of beautiful Mexican 50 pesos.
In order to purchase Mexican 50 peso gold coin, you may contact your local coin dealers. Most of them sell gold coins to the general public. If you are an information-age coin investor, you can also order it through Internet. There are many websites where you can purchase Mexican 50 Pesos by credit card and your gold coins can be knocking on your door in a UPS package the very next morning.
About The Author
Wilson Snyder
Learn more about Mexican 50 peso gold coin and gold coin investment at Mexico Gold Coin
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A lot of people retain gold today as an investment because they speculate that the demand will cause its market value to increase. Others hold it as a form of insurance should the financial situation become worse. There was a point in time when the more paper money that was made, the higher the price of gold which maintained gold and cash as equal value. After this standard ended in 1971, this enabled government to produce more paper currency without increasing the price of gold.
Buy us paper money errors.
After adoption of the Constitution in 1789, U.S. Congress chartered the First Bank of the United States untill 1811 and authorized it to issue paper bank notes to eliminate confusion and simplify trade. The bank served as the U.S. Treasury's fiscal agent, thus performing the first central bank functions.
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Have you ever held a gold coin in your hand? It's amazing! When you first hold a gold coin, the luster and weight immediately tell you why gold coins have been the standard in storing wealth for all of human history. So what do gold coins have to do with saving money for your mortgage down payment? It's actually very simple: gold attracts wealth. Some people call it attraction, others call it luck. Whichever you prefer, if you own a gold coin you will earn more income. Wealth will be attracted to you and you will save enough money for your down payment sooner than if you did not own the coin. Buy a gold coin and give your luck a boost.
Buy us paper money sets.
Make sure the seller has a return policy that will allow you a refund if you are not satisfied with the coin. This is especially important if you are buying a non-certified coin. You want the option to return it if your grading service returns a lower grade than you bought it at.
Buy gold coins.
Although at a quick look, gold bars may often seem the cheapest way to invest in physical gold, experts point out that there are some drawbacks. Often the price for a single one ounce bar is the same as for a single one ounce krugerrand.
Buy Liberty silver dollars for a great investment.
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