Why Invest in Australian Rare Coins?
Australian rare coins have great value for investors as well as collectors. It's long been known that collections of rare coins increase in value over time and Australian coins are no exception. In the current volatile economic conditions investing in coins can provide security as well great investment potential. Some Australian pre-decimal Commonwealth coins are among the most sought after and highly valued of all world coins. The performance of many Australian coins exceeds even most ancient coins.
Sovereign coins have been minted in Australia since the 1850's. The Australian Commonwealth coins were minted between the years 1910 and 1964. The currency used in Australia in that period was based on the British system using pennies (pence) and pounds. The coins for Australian use were minted in various locations including London, Birmingham, San Francisco, Calcutta as well as the mints in Sydney, Melbourne and Perth. The coin series consisted of the halfpenny, penny, threepence, sixpence, shilling, florin, crown and sovereign.
The most valuable coin of the series and arguably of all world coins is the 1930 Australian penny. This extremely rare coin can attract prices in excess of $200,000 dollars if in excellent condition but even poor examples can attract five figure values.Some of the many other highly valued coins include the 1855, 1856 and 1858 Sovereign, the 1933 shilling, 1922/1 overdated threepence, 1925 penny and 1923 halfpenny, all of which can return well over $5000. More examples of rare Australian coin values can be found here http://steven-cousley.com/coins
A collection of good quality Australian coins can certainly make a sound investment for the astute collector. It can be demonstrated that over the last 40 -50 years some coins have increased in value almost 200 fold, or better than a 13% annual increase. The coins can also make fantastic family heirlooms as well giving the opportunity to own a piece of Australian history. Their are also considerable tax advantages to investing in currency and in Australia coin investments are approved for superannuation funds.
For a secure investment with excellent prospects it's hard to go past investing in currency collections. Australian coins are among the most valuable in the world. As they become more sought after, there is huge potential for the investor in both short term and long term profit. An investment in Australia's currency history is also an investment for your future.
Article By Steven Cousley
http://steven-cousley.com
Steven is a writer and publisher of information products especially relating to online marketing and motivation.
Permission is given to copy and republish this article as long as this resource box is included.
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