This book was produced as a marketing and sales aid by a company that operates in North America and Europe as a supplier of gold and silver coin. There is a cover price shown, although the book has been sent free of charge to customers and potential customers. A very interesting book.
NAME: The Rosland Book of Gold
PUBLISHER: Rosland Capital Limited
BINDING: hard back
GENRE: Non Fiction
SUBJECT: Gold, silver, coins, bullion, history of gold, gold collecting, gold investment
DESCRIPTION: This book was produced as a marketing and sales aid by a company that operates in North America and Europe as a supplier of gold and silver coin. There is a cover price shown, although the book has been sent free of charge to customers and potential customers. A very interesting book.
Coin and stamp collecting are both hobbies that have been popular for many years. Most collectors of stamps or coins will build up a collection of modest value and not include high value items. However it is an addictive activity and a number will become more ambitious. In both cases there are collectors who collect as much, or more, for the investment value of their collection. Specialist sources, such as Rosland Capital, will provide a service tailored to this type of collector.
Originally, coins and stamps were utilitarian artefacts that were produced to enable trade. Periodically, the producers made mistakes and some stamps and coins with defects were accidentally released into circulation. These items suddenly acquired a considerable increase in value above face value because their rarity made them highly collectable. A stamp with a face value of 1 penny could become amazingly valuable and change hands amongst collectors for tens, or even hundreds, of thousands of pounds. As collecting has become more popular, and more complex, stamp and coin producers have produced products that can be used at their face value, but have been specifically produced for the serious collector.
Commemorative stamps and first day covers have been produced for more than forty years. They are sold at, or slightly above, face value and are priced at a level that makes them very affordable. As a result, many collections build modestly over a lifetime. Some acquisitions gain little value over the years, but other items make enormous gains. Being able to spot a high gaining acquisition raises stamp collecting from interesting hobbies to notable money earner. The products are easily portable and there is always an available specialist market that allows them to be readily converted back into cash.
Coin collecting is a little different. There are base metal coins that are collected and some will achieve very high values because they are rare and more difficult to source. However, most coin collections are based on gold or silver coins. This means that the coin will have a face value, a metal value, and a collectables value which can range widely. Modern gold coins might have a face value of less than £100 a coin, but could have a metals value that is considerably higher. The collectable value might be similar to the metals value, but some coins will be highly desirable, rare, and consequently of an even higher value. As with any collection, the total value of the collection can go up or down over time but it generally increases in value at a higher rate than inflation over many years. Collectors who develop skill in judging likely value increases are able to make some appreciable earnings from trading parts of their collections.
As with stamps, producers have come to create coins specifically for the collectables market and for investment. This can be a minefield for the unwary but an enjoyable and profitable activity for those prepared and able to learn about the markets. Mints like the Royal Mint are producing coins for major national economies and there are also mints that produce coin for smaller nations but may produce most of their stock for investors and collectors. Unlike the traditional collecting of coin that has been in circulation, this type of stock is presented for collectors in protective clear plastic covers, with accompanying documents and supplied in presentation cases. There are also coins that have come from shipwrecks and other sources which may still be traded as individual coins as for general circulation rather then supplying them in protection cases.
This book provides a great deal of information, including the history of coins and detailed review of individual coins that are available to the collector/investor. There is also very useful information for those considering coin purchases and marketing presentation for Rosland Capital.