I'm thinking about investing in 50 dollar or 25 dollar gold US Mint coins. They're pretty expensive. Will the value of those coins always go up? or is it a bad investment? What are your thoughts:yes:
Collect for fun (not for profit). If you happen to make money it is an added benefit Here is a 1969-S cent that I found in circulation when I was about 8 years old. It got me started collecting error & variety coins. I have the cent in my collection today. The error is known as a "cud". This cud was caused when a piece of the obverse die broke away & continued striking coins. You can see no obverse design in the area of the cud. On the reverse, you can see the design fades away in the cud area because there was no obverse die to press the metal into the reverse die. [To be honest, this particular photo is of a 1969-S cud example I purchased recently. This particular photo was easy to find. The coin I pulled from circulation when I was 8 years old is a little higher grade but I can't locate the photo easily].
Nothing goes up always except congressional pay and taxes. If your going to buy gold please buy from a reputable dealer. If they're PNG (Professional Numismatic Guild) members, that's a good sign. There is and always has been problems with counterfeit gold. Especially with smaller issues- $1 $2.50 and $5. But you should *really* learn more before making big purchases. Especially gold.