Investments in precious metals
Investing in jewelry is common in all countries. This practice arose quite a long time ago and is due to the fact that precious metals and products made from them almost never lose value and do not have an expiration date. As an investment they are reliable and durable.
The difficulty, however, lies in the fact that alloys with various additives are used to produce jewelry. The composition and percentage of inclusions differ, and this significantly affects the cost of products and their durability. In addition, the price of jewelry depends on the availability and type of stones, and the fineness of the jeweler’s work. Thus, there are too many evaluation criteria to somehow bring everything to a single denominator.
For those who prefer investing in precious metals to all other types of saving money, banks began to issue bullion. This is where .999 gold comes in handy. Such ingots are not worn as jewelry and, in fact, are not used in any way, so the need for wear resistance is much lower. At the same time, almost absolutely pure metal is a kind of standard and unit of measure. The precious metals market is much more stable compared to the foreign exchange market and even the oil market, so the owner of such a deposit is unlikely to count on intensive financial growth, however, he is also insured against economic crises.
Purchase rules
It often seems that buying gold bars is an action that is more typical for VIPs than for the average person. However, almost anyone can make such an investment.
It's useful to know what your future purchase will look like.
The requirements of the London Association of Precious Metals Market Participants define the following parameters:
- weight (usually 50 or 100 grams),
- shape (it resembles a truncated pyramid with a rectangle at the base; in any case, when buying an ingot, you should get exactly an ingot, and not a piece of metal of an indeterminate shape),
- presence of a mark (it indicates the letters indicating the metal, sample, year of manufacture and manufacturer's mark, as well as an individual serial number).
It is important to choose a reliable bank for the transaction and comply with certain conditions:
- personal participation is preferable to the service of proxies,
- the client must see the scales and their scale during check weighing,
- the bars must comply with standards and have plastic packaging,
- When purchasing a bullion, you must receive proof of origin and cash documents along with it.
Year of the Rooster 2021: silver Lunar 1000 gr
, is based on the Chinese lunar calendar - you should talk about what this calendar is.
Chinese lunar calendar
The Chinese lunar calendar is believed to have been created almost 5,000 years ago by primitive ruling dynasties. Since that time, the calendar has been constantly improved by astronomers from various royal courts in China. This led to the final version based on the Earth's movement around the sun, making it the official lunisolar calendar. The decision to base the calendar on two celestial bodies stems from the fact that the Moon's movement around the Earth is not synchronous with the Earth's movement around the Sun, creating a time inequality that posed a problem for farmers who needed an accurate calendar telling the best time to plant crops and harvesting.
Initially, the calendar was based on the cycles of the moon, because... This made it much easier for ancient astronomers to make the necessary calculations. But as time passed, they noticed a discrepancy between the lunar year, which consisted of 12 months, each with 29.5 days, for a total of 354 days, and the solar year, which had 365.24 days, making the lunar year 11 days shorter. In order to synchronize the lunar calendar with the sun, a leap month was added every 2-3 years, just as today February 29 is added every 4 years.
Unlike most other calendars, the Chinese lunar calendar consists of a 12-year period that repeats five times, making a cycle of 60 years. Each year consists of 2 components: the heavenly trunk and the earthly branch. The celestial trunk has 10 symbols, one for each day of the week used by the ancient Chinese, while the earthly branch consists of the 12 animals of the Chinese zodiac cycle. To create one year, each stem is combined with every other earthly branch. Thus, the 60-year cycle ends when all possible combinations between the celestial trunk and the earthly branch have been created, and the lunar cycle begins anew.
This method of cyclic counting is considered one of the longest continuous sequences in human history. China today uses the Gregorian calendar, the solar calendar, for all civil purposes, but the lunar calendar is still considered the main calendar used in China and East Asia to determine the dates of anniversaries, weddings, Chinese New Year and other celebrations.
About Lunar series coins
To the Lunar
includes silver coins dedicated to 12 different animals from the Chinese lunar calendar.
They are issued annually, starting with the Year of the Mouse
in 2008, followed by the Ox, Tiger, Rabbit, Dragon, Snake, Horse, Goat, Monkey, Rooster, Dog and Pig.
In addition to the silver series of coins dedicated to the Chinese lunar calendar, there is also a series of Lunar
-
Gold Lunar Series
- made of gold, which has also been produced every year since 2008. However, the designs of the gold and silver series coins are different.
Reasons to buy a silver coin for the Year of the Rooster 2021 in 1 kg
- Excellent quality of coinage from 999 silver;
Extremely limited edition of the coin (up to 500 copies);
Commercial use
Gold without impurities is actively purchased by enterprises specializing in the manufacture of jewelry and some other types of products. To have confidence in the composition of the alloy and avoid the need to carefully check every gram of supplied metals, many industries add copper, silver, palladium at the material preparation stage, allocating special premises and equipment for these purposes. This approach is economically justified and very convenient if it is necessary to change the assortment.
We answer the audience: Gold investment coins and their secrets
Hello dear viewers, this is Dmitry Balkovsky, Goldenfront.ru. In this video we will answer questions from our reader Sergei about buying gold savings coins. There hasn't been a video on this topic in a while, so take a listen.
Hello Dmitry!
I watched all your videos. There is very little specific information about the coins themselves. Newbies have a lot of questions, it’s impossible to list them all at once.
Let's start by defining an investment coin, although I prefer to call them a savings coin. This is a working definition, it can be challenged, but for our purposes it is quite suitable. So, this is a coin of 900 fineness or better and minted in the 20th or 21st century. A .900 fineness in a bullion coin means it is at least 90% gold, silver, etc.
The key to buying savings coins is to pay a minimum for a maximum of grams, ounces or kilograms of pure gold or silver. But like any rule, there are exceptions. There is a standard set of savings coins: these are gold and silver eagles and gold buffalos minted by the US Mint, Canadian maple leaves - gold and silver, Vienna Philharmonic - gold and silver, Australian kangaroos - gold and silver, gold South African Krugerrands, Chinese pandas - gold and silver, as well as coins minted by the Royal Mint of Great Britain. The standard weight for all of the above gold coins is one ounce of gold, although most come in a variety of fractions from 2 ounces to 1/20 ounce.
Also important for Russia are the ¼-ounce gold St. George the Victorious and the 1-ounce silver Victorious.
Goldenfront has detailed descriptions of all these coins - link here .
In addition to the standard set, there are literally tens of thousands of coins of similar weights and fineness that are exactly the same as investment coins.
1. The bank asked: what year of Victorious do I need? They said that the quality and, accordingly, the liquidity of the coin depends on the year. What year do I need the Victorious? I took any one - 2021.
If they offer 2021, then take it, although there is essentially no difference between the years for the Pobedonosts. You can buy coins from any year. By quality they mean stains, but these stains are washed off - there is a lot of material about this on the Internet. But you can also buy coins with spots; there are no problems with the sales of such coins. Stains can appear on any coins, but on Russian coins they appear en masse. Coins with spots are not counterfeit.
2. They didn’t give me a certificate for the coin. They said: the certificate “does not go to the Victorious.” Is it so? If so, what coins does it not yet “go to” and does this greatly affect the liquidity of coins (including during the war)?
Investment or savings coins are legal tender and are usually marked with a denomination. For example, St. George the Victorious gold coins have a denomination of 50 rubles, which means you can go to the store and buy a loaf of bread with it. Therefore, they do not have any certificates, just as the 5,000 ruble bill in your wallet does not have them.
3. Why is it not advisable to buy coins of satisfactory quality? - after all, they are as close as possible to the price of the metal.
It depends what you mean by satisfactory quality. I recommend buying coins without large dents, noticeable scratches or major damage. Minor scratches and damage are quite acceptable and should not affect the repurchase price.
4. Why is it better (in investment terms) Orel, 916.7 purity, than Philharmoniker, 999.9 purity? Why is Orel more expensive? Why is he more popular, finally? What is the “investment power” of any given coin?
The Eagle is actually no better than the Philharmonic. It is a little more expensive because it travels from afar. Eagle is more popular in America because it is made in America and is more trusted there, just like Canadian maple leaves. In Europe, the Philharmonic is more popular, and Krugerrands are generally known and valued throughout the world. It is most convenient to store Philharmonic in large quantities. The investment power of a coin lies in the amount of gold it contains.
5. The weight of “pure” gold is indicated on the coin. Is this the weight of 1000.0 fine gold? - i.e. 100% gold in it? Or is it the weight of the 999 fine gold contained in the coin? - if the coin has a purity of 999.
It is impossible to achieve the 1000th sample under terrestrial conditions. Even in coins with a hallmark of 5 nines, traces of silver, copper and other metals always remain. Therefore, it is recommended not to store golden pandas and buffalos in soft plastic, in which they were originally packaged, but to transfer them into hard capsules. Soft plastic may begin to react with impurities and cause staining.
As for the gold content of the coin, the gold content of 7.78 g indicated on the St. George the Victorious coin means that it is guaranteed to contain at least that much gold. Savings coins are mass produced items and therefore have manufacturing tolerances. But in the vast majority of cases there will be a little more metal in them, by 0.05 or 0.1 g. So that buyers do not worry.
6. On the liquidity of coins in wartime. Something tells me that it will always be easier to exchange or sell a coin weighing 1/4 ounce than one weighing an ounce. Similarly, a couple of dozen rings, 585 purity, will be easier and more convenient to exchange for food than one Eagle. Is not it? If we don’t have a single dealer in our city even now, then where is the guarantee that in wartime at least someone here will buy gold and not buckwheat? I think that the gold item that is cheaper will be easier and more convenient to exchange. Is not it?
Literally in December we had a video dedicated to the far-fetched problem of gold liquidity in the notorious wartime, where we mentioned the situation in besieged Leningrad and the circulation of gold there. You can watch and read it here . But paranoia is invincible.
Firstly, who will we fight with? With Georgia? As for rings, you can buy them too, it’s just that a gram of gold in them costs many times more than in coins, so it’s pointless.
Secondly, then buy 1/20 ounce coins, they are even smaller than quarters. Of course, they are expensive per gram, but food safety comes first.
Thirdly, there is already a dealer in your city. It's called a pawnshop. So if there are NATO aggressors at the gate, you put the coins in a sock, turn them into a crowbar and take them there. You will receive 5 percent less than you would in civilized conditions, but the family will have buckwheat.
Investment coins
In addition to bars of a certain mass made of pure precious metal, coins specially issued for these purposes can become an investment object. As a rule, they are not in circulation and are used only for investing and collecting. 999 fine gold can be used to produce investment coins, however:
- firstly, this is not a prerequisite,
- secondly, expensive material rather ensures the status of the coins; its real value often depends on the size of the circulation and certain nuances (coins with a certain manufacturing defect, which exist in small quantities and are a real rarity, often have the maximum price).
History of appearance and minting
The investment coin St. George the Victorious was issued in 2006 by decision of the Central Bank, in a small edition. But since the sale of gold coins of St. George the Victorious was promoted too actively, new circulations were issued annually until 2010 (after that - in 2013, 2014). The minting of the gold coin St. George the Victorious with a face value of 50 rubles was carried out by:
- Mint of the capital (MMD - Moscow Mint House);
- Mint of the city of St. Petersburg (SPMD - St. Petersburg Mint).
Gold investment coins of St. George the Victorious and their financial status
Gold coins of St. George the Victorious with a face value of 50 rubles are made from precious metal, therefore the specifics of their purchase and sale are regulated by the relevant legislation. It is worth buying St. George the Victorious investment coins in order to make a profitable investment, since transactions with investment coins are not subject to value added tax.
The cost of producing a coin is not high, and the circulation is large, so pricing is based on the value of the precious metal contained in the coin. Financial analysts recommend using assets such as gold bullion coins as a separate investment instrument.
Cost of the St. George the Victorious gold coin
“Golden Coin House” invites interested parties to purchase or sell gold coins of St. George the Victorious in Moscow. Both the sale and purchase of gold coins St. George the Victorious provides for strict adherence to all the nuances of the procedure:
- pre-authentication;
- establishing accurate data on the issue and parameters of the coin;
- issuance of relevant documentation.
Any operation will be profitable for the buyer, since the price and exchange rate of St. George the Victorious gold coins on the company’s website are optimal for making a profitable investment.
Benefits of Investing in Silver
- Low price per ounce;
- Safety of funds regardless of crises and inflation;
- Consistently high demand for metal.
You may not be a connoisseur or collector, but you will certainly appreciate the benefits of purchasing silver coins. This is an affordable and easy way to save money and benefit in the future. To purchase, contact us directly at the nearest bank branch, and for all questions, leave requests from the website, write to the chat or call in Moscow 8 (495) 959-53-53.
Quality and properties of pure silver
999 silver is a very ductile, soft metal of a grayish color. It is easily subject to mechanical influence, such as stretching, forging, rolling. From just 30 grams of pure silver, you can stretch the thinnest thread up to 50 km long or roll it into a film only 0.00025 mm thick.
999 silver has a high conductivity of heat and electricity. These properties of the metal are indispensable in the electronics and space industries. Pure silver is low-active and does not interact with the environment. For example, it does not oxidize with oxygen, which is inherent in almost all known metals.
Since ancient times, it has been noted that silver has bactericidal properties. The ions of this metal have a detrimental effect on harmful microbes, viruses and bacteria. In medicine, this quality is widely used in the manufacture of medicines and devices for ionizing air and water. 999 silver darkens over time and loses its metallic luster, and this is due to sulfur in the atmosphere. It coats the metal with a thin film, forming silver sulfite on the surface.
Silver nuggets are very rare in nature. Basically, ore is mined with other impurities and only after special processing a pure product is isolated. Interestingly, this precious metal sometimes comes to Earth from space as part of the base of meteorites and asteroids.
