Investing in Precious Metals: a Beginner’s Guide 

Investing in precious metals can be both a very interesting and intimidating hobby. The pastime itself carries the potential to benefit investors. And for experienced investors, especially, understanding the precious metal market isn’t difficult. For newcomers, however, it can be daunting. Even thinking about investing in precious metals is enough to turn an interested individual away. And chances are, you’re probably one of those individuals, too. You deliberately think it over. But every time you consider investing in precious metals, you shun the idea away. There doesn’t seem to be any point in actually trying when you have little to no knowledge about the market. 

If you’ve ever felt this way, don’t feel disdained from investing in precious metals. Every investor that started precious metals trading had to start somewhere. And that meant having to start with no knowledge whatsoever. Much like you right now, beginner investors have researched online for guides explaining how to buy and invest in precious metals. They had to start somewhere in order to get good at investing in precious metals. And today, you can start getting good at investing in precious metals, too, as you read through this guide.

William Youngerman is one of the most experienced industry professionals in the precious metals market. His experience in investing began as a young child when he developed a fascination with coins. With the value coins possess, especially coins fabricated from precious metals, William Youngerman knew his passion could benefit him financially. Which is why he eventually worked his way up to open his own coin store in 1967, William Youngerman Inc. Since his grand opening, William Youngerman has helped customers develop their interest in investing. And we’re not just talking about coins.

William Youngerman has a huge inventory of precious metal products. No matter if you’re interested in investing in gold coins or gold bullion, William Youngerman can help you.

When you’re ready to invest in precious metals, continue reading below. We’ve prepared the ultimate guide so that you can start investing right away!

Should I Invest in Precious Metals?

It’s the most important question you should ask yourself before you begin. And quite honestly, there’s really no right or wrong answer. We’re not going to tell you that investing is an absolute must. And this is because investing in precious metals isn’t for everybody. And when we say it isn’t for everybody, we’re not ruling out people who are less financially competent than most others. 

Investing is more than just a hobby, it’s a lifestyle that can bring one either great success or failure. Being an investor means you must be avidly aware of what’s taking place in the market. And for precious metals, especially, you have to be mindful of both the advantages and the risks that accompany such investments. 

There are accurate predictions that just about anyone can make in any market. And many of them turn out to be true. But like any market, no one is able to be 100% sure of what is to come. For this reason, you must be aware of the factors that can steer the precious metal market to success or failure.

Things To Consider

There are many factors you must be aware of when partaking in precious metals trading. There are so many, in fact, that we couldn’t possibly list them all here. However, some things you need to consider include what the bears and bulls say.

What Bulls Say (The Argument For Precious Metals)

It’s widely believed that precious metals will keep their intrinsic value. Such a belief is so popular that it’s very likely you don’t even know a single person who would tell you to not invest in precious metals. And the same enthusiasts that believe this will probably tell you that investing in precious metals, such as gold or silver, will help keep your portfolio balanced. And they’re very likely right.

Precious metals have a history of holding their value over the years. Individuals have been investing in gold, for instance, as a way to preserve (and potentially even increase) their wealth from one generation to the next for a long time. And this is due mostly to the fact that, since ancient times, people have valued this metal for its unique properties. Gold never corrodes, has a sheen appeal, and it’s easily malleable over a common flame, which is why gold coins and jewelry exist.

While precious metals are volatile, countless investors believe that investing in gold, silver, platinum, and palladium will prove to be an advantageous, long-term investment in protecting against inflation.

Despite the volatility in gold and silver prices, many investors believe that, long-term, precious metals trading will be effective in protecting against inflation. Ultimately, precious metals are recognized as a safe-haven investment in an uncertain environment.

What Bears Say (The Argument Against Precious Metals)

Though it’s widely-believed that precious metals are a safe investment, others have indicated that such an investment isn’t that useful. In fact, they’ve even stated that there’s virtually no point in investing in precious metals.

Bears have stated that economic collapse is very unlikely. More so, as history indicates, collapsed economies have reverted to bartering, not precious metals. So even if an economic collapse were to occur, survivors will probably be more interested in useful goods as opposed to ornamental metal.

Generally, while experts agree that there are plenty of advantages to precious metals trading, there are downsides, too.

The Verdict

There’s no certainty whatsoever indicating if investing in precious metals is advantageous or futile. Just like any investment you make, only time will tell if the decision you made will prove to be beneficial or not. When you’re investing, you’re going to take a risk no matter what. 

So if you don’t like the idea of investing without a financial safety net, we hate to say that there’s no reason you should continue reading. If, however, you feel that partaking in precious metals trading may prove to be worthwhile and you’re willing to take some risks, then continue reading below.

How Do I Begin Investing in Precious Metals?

First, it’s important that you recognize what your goals are before you begin investing. By doing so this helps you determine the investment options you can choose to help you achieve what you want. Determining what sort of investor you are is usually a good start in helping you recognize what goals you desire. If you are a value investor, for instance, then you believe that the value of precious metals is far greater than what the market deems it to be. 

There are many different types of investors. Quite a few, in fact, that it’d be a bit too much to mention here. For this reason, we encourage you to do your own research into different types of investors and see which one best matches your profile.

Next, you need to keep in mind that this is something you shouldn’t go all in for. If you have the mindset that you’ll make riches simply by investing in precious metals, you should stop reading this immediately. While the value of precious metals are known to retain their values and also carry the potential to increase drastically, this doesn’t guarantee anything. Precious metals, such as gold and silver, are most popularly collected as “emergency currency”.  Investing a large amount of your funds into precious metals could possibly prove to be a worthwhile investment. But it can also prove to be a dire one. For this reason, you should only purchase a few precious metals or just a small amount of one type of precious metals.

As a first time investor (even as a professional investor) you should always keep your portfolio diverse. It’s typically recommended that when you invest in precious metals, such an investment should only take up roughly 3% of your portfolio.

Where Do I Buy Precious Metals

Now that you’re ready to begin, there’s the important question that must be addressed:

Where Do I Buy Precious Metals?

You may have seen one as you’re watching TV: an infomercial pitching the sale of U.S. coins fabricated from precious metals. And so, if you’ve seen one lately, and remember the phone number they mentioned on screen, it wouldn’t be a bad start to investing in gold, silver, and other precious metals.

There are also numerous online resources for precious metals trading. For this reason, we highly implore you to do your research and see which of these sites work best for you. 

However, if you’re like most, you may find purchasing gold online or even through a toll-free number to be a little iffy. And that’s perfectly okay. For many people, if a product is offered in person, they’ll very likely purchase it right away to ensure a safe and guaranteed transaction.

For this reason, if you happen to have one nearby, we always encourage you to visit your local precious metals dealer. If you happen to live in the Broward County or nearby area, you’ll be happy to know that William Youngerman is located close by.

While William Youngerman is recognized primarily as a coin dealer, he has plenty of precious metals of different sorts for sale. When you contact him and his staff today, he’ll be more than happy to assist you and guide you through the process of precious metals trading.

What Sort of Precious Metals Should I Begin Investing In?

You’re ready to start your newfound precious metals investing hobby. But now you’re left stumped in wondering which of the precious metals you should purchase.

No worries, though! Below are some information on four of the most popular precious metals.

Investing in Gold

Let’s begin with the most notorious of them all: gold. Gold is highly prized due to its rust and corrosion proof qualities, malleability, and its ability to conduct electricity and heat. Gold’s properties are applied a lot in the function of electronics. But its most popular application is perhaps its use as a base for jewelry and as a form of currency.

Gold is constantly under surveillance in the market its value is assessed constantly. And its price is affected very lightly by the laws of supply and demand. This is simply because the mine supply is outweighed tremendously by the size of above-ground, hoarded gold. In simpler terms, what this means is that when investors decide to sell gold, its price drops. When acquisitors are seeking to purchase, a new supply is absorbed and the price of gold is soaring even higher.

Investing in gold is never a bad start for beginners. In fact, if you have the funds, this should probably be the first precious metal you should invest in. It possesses high value and is very popular in the precious metals market.

Investing in Silver

If you’re looking to start small due to a minimal budget, silver is a good go-to for beginning precious metals trading. However, you should be mindful of the fact that silver is a very volatile metal, meaning that its price fluctuates a lot.

Even though investing in silver is done for the same reason that individuals invest in gold (a hoarding investment) the laws of supply and demand actually do influence silver significantly more than gold. 

Silver’s value is factored by supply and demand due to new innovations. Some examples of innovations that boosted silver’s value in the past include:

  • It’s role in the photography industry silver-based photographic film which is no longer prevalent due to the digital camera.
  • It’s use in batteries, microcircuits, superconductors
  • It’s high demand for use in electrical appliances, medical products, and other miscellaneous items.

Developments in already existing applications, such as in some of the ones listed above, may or may not affect silver’s value. However, one fact remains: silver’s value is affected mostly by its innovative applications as opposed to just its use in fashion. If you suspect that silver may be relied on heavily within the next few years, investing in silver now would prove to be a very cost-effective and beneficial investment.

Investing in Platinum

Platinum is often not the best choice for beginners in precious metals trading, usually because of its high price. But if you happen to have the funds for it, it’s not necessarily a bad start. And this is due to quite a few reasons:

Much like gold and silver, investors often opt-in investing in platinum due to its ability to retain its value. And while the prices for platinum will always fluctuate, there’s still only a finite amount of it in the world, so you can expect its value to never drop drastically. It’s also much more valuable than gold due to its rarity; there’s much less platinum than gold in the world. But besides scarcity, platinum is also much more valuable than gold and silver due to its reliance and demand as an industrial metal. Namely, in the auto industry.

Platinum’s properties have been applied in the function of catalytic converters automotive components that are used to reduce the harmfulness of emissions. And based on auto sales and production numbers, the value of platinum could potentially rise substantially later in the future. But be wary, though, some American and Japanese auto companies have turned to recycled catalytic converters. Others have even turned to platinum’s reliable (and sometimes, less costly) sister group metal, palladium.

After the auto industry, platinum’s demand is also high in jewelry. In fact, jewelry accounts for the majority of platinum’s demand. Next to jewelry, petroleum and chemical refining catalysts and the computer industry take up the rest of platinum’s demand.

Other factors that contribute to platinum’s value is its heavily concentrated mining in South Africa and Russia. Due to the heavy mining in these two locations, this increases more potential for cartel-like action that would support or possibly even raise platinum prices.

Investing in Palladium

Palladium is the least popular precious metal compared to the other three listed above. Yet, ironically, it’s also the most valuable. You may be thinking “why is this so?” and “should I be investing in palladium?”

The simplest answer for the first question is that due to its high price many investors often ignore palladium because they find its investment potential too risky, even though its high value is contributed by a wide number of factors. As for the second question, it entirely depends on you.

What is perhaps palladium’s most interesting feature is its denseness. While it is malleable, it can become really strong once it’s cooled with room temperature. Due to this, in 1939, palladium was incorporated into jewelry the first time this has ever happened. In 1967, the Tonga government issued circulating palladium coins depicting the coronation of King Taufa Ahau Tupou IV. This is the first recorded instance of palladium being used in coinage.

Palladium is a very versatile metal. It’s utilized for various sorts of manufacturing processes, particularly for both electronics and industrial products. It’s most popular applications are in dentistry, medicine, chemical applications, jewelry, and groundwater treatment. You will also see sheets of it used a lot in the application of solar energy and fuel cells. However, it’s most popular usage is in catalytic converters as palladium helps to greatly speed up chemical reactions.

Investing in palladium will be costly. Because of its many uses, the value of this precious metal will likely always be kept higher than gold, silver, and platinum. But on the flipside of the coin, because of its many uses, it may not be a bad idea to purchase some palladium. 

Palladium has proven to be much more advantageous than platinum in the auto industry. And its versatility also proves that palladium has many benefits. It may even have more undiscovered benefits for later uses in various other industries in the future. Purchasing some palladium right now could probably prove to be the best precious metal investment ever!

Contact William Youngerman to Start Investing in Precious Metals Today!

If you happen to live in or near the Boca Raton area, and when you’re ready to begin investing in precious metals, don’t hesitate at all in contacting William Youngerman Inc. William Youngerman has been providing quality services to South Florida patrons for many years. And with most clients he’s helped, he has assisted them in developing their interest in precious metals trading to a whole new level. We feel more than certain that when you choose William Youngerman, you’ll benefit from his work tremendously. But more so, we also feel certain that you’ll also be added to his growing list of satisfied customers. For any inquiries regarding William Youngerman’s services and the precious metals he has in his inventory, you may call us at (561) 368-7707 or visit our contact page.

Most Valuable Gold Coins in William Youngerman’s Inventory

Around the mid 18th century, coin collecting had started as a newfound hobby that few enthusiasts participated in. Today, it’s become one of America’s favorite pastimes and it’s practiced by countless individuals. And if you happen to be one of them, you might find yourself having a pretty hefty collection. But if you’re willing to go the extra mile to make your collection truly unique by adding some gold coins, don’t hesitate at all in contacting William Youngerman in Boca Raton. William Youngerman has practiced coin collecting since he was a young child and he continues to practice it today. Of his collection, he is willing to sell some gold coins in order to promote the joy of coin collecting. So if you’re interested in learning about what he has to offer, continue reading below to learn more about the most valuable gold coins that are in William Youngerman’s inventory.

Most Valuable Gold Coins Offered By William Youngerman

United States Buffalo

In 1904, President Theodore Roosevelt proposed that American coinage be redesigned in order to rival the design of coins from ancient Greece and Rome. This proposition would give birth to the US Buffalo nickel that we know today. Many years later, in 2006, the US would mint gold bullion US Buffalo coins – the first coins introduced by the US government to be minted with 24k gold. And while the coin itself states a $50 value, the price and value of gold have risen substantially since this coin’s first introduction. If you’re fortunate enough, you can purchase this coin at a low value of $2,200. But if you visit William Youngerman, he’ll be able to come up with a good deal that will for sure entice you to purchase this coin.

Canada Maple Leaf

You’ll for sure make a wonderful investment when you choose to purchase one or more of this gold coin. This particular valuable gold coin was minted in 1983. Much like the US Gold Buffalo coin, it states a value of $50 on its design. But also much like the US Gold Buffalo coin, its value is worth much more than that. Due to the rise of value in gold over the years, you’ll find that these coins can go as far as over $2,000.

Austrian Philharmonic

This gold coin was first introduced on October 10, 1989, and its popularity grew very quickly. Later in the early 90s, this coin had become the best selling in all of Europe and second in the whole world. In fact, the World Gold Council had declared the Austrian Philharmonic the best-selling gold coin in the world four times. Other than Europe, you’ll also see this gold coin popularly sold in both Japan and North America.

The value for this gold coin varies depending on the size you wish to purchase. A 1/10 oz can go as little as $230 while a full 1 oz potentially going above $2,000.

William Youngerman has quite a few of these in his collection of valuable gold coins and is more than willing to sell them to you. More so, He will also be willing to sell these at an exceptional price.

Chinese Panda Gold

This is probably one of the most – if not, the most – valuable gold coins that’s in William Youngerman’s inventory. And it’s one that will make a very worthwhile investment for a good number of reasons:

  • Low Circulation
    • Chinese Panda gold coins are very rare and valuable than most other coins. Their market prices are often the highest or are near the highest where bullion coins are concerned
  • Very Popular
    • These gold coins are among the top five bullion coins in the world, making them very desirable.
  • Valuable Collectible
    • What probably sets this gold coin apart from other types is that the design for the Chinese Panda gold coin changes every year. As a result, these annual changes make them more appealing to investors and collectors.

Chinese Panda gold coins value varies tremendously depending on the size that’s offered. Here at William Youngerman, we offer Chinese Panda Gold coins in 1/20 oz., 1/10 oz., 1/4 oz., 1/2 oz., and 1 oz. sizes.

When you come to William Youngerman to determine a deal, we can promise that our team of professionals will come up with an offer that you can’t refuse. But you better hurry, Chinese Panda gold coins can go out of stock very quickly at most coin dealers.

Call William Youngerman to Purchase The Most Valuable Gold Coins Today!

When you want to add the most valuable gold coins to your collection, don’t hesitate at all in contacting the professionals over at William Youngerman today. William Youngerman can offer you the best deals on gold coins that you won’t be able to find anywhere else. And other than gold coins, William Youngerman also offers deals for the sales of platinum, palladium, and silver coins, bars, and jewelry. We feel more than confident that when you choose William Youngerman, you’ll absolutely benefit from his services as you’re added to his growing list of satisfied customers. For any inquiries, you may call us at 1-800-327-5010 or visit our contact page.

Why Invest in Gold?

It seems like a pretty obvious answer and straightforward answer: because gold is highly valuable. You’ve been told by many that gold is one of the greatest investments you could ever make – that you won’t ever regret purchasing and holding onto gold. But have you ever wondered why that’s so? Have you ever wondered why you should invest in gold?

Other than the fact that it’s a highly sought after precious metal, you should invest in gold because it possesses quite a few high-quality factors that aren’t often recognized by many. So if you wish to learn more about what these factors are, then continue reading below.

Why You Should Invest in Gold

It Always Retains Its Value

For as long as this precious metal has been around, it’s value has never dropped. Sure, the price fluctuates a little, but gold has and always will retain its value. So when you invest in this precious metal, you can expect its value to only increase over time.

Increased Demand

Due to the increased wealth of emerging markets, the demand for gold has increased drastically. And as a result, this may cause supply constraints, which will boost the price of gold drastically. Not investing in gold now would mean that you’re missing out on the opportunity of a lifetime.

Gold Over Paper

Gold is the truest form of money, making it the backbone of the financial system. Your paper money more or less exists due to the existence of gold. And because of this, gold will always be highly prized over paper currencies.

Safe Investment

Gold offers the absolute safest form of investment that exists. For more than 5,000 years, gold has never failed in its purpose as being a form of money. Because gold’s value will never decline and will always increase, it offers the best potential to preserve your wealth. So when you invest in gold, you can rest assured that your financial assets won’t be in danger.

Private Investment

Some forms of gold investment don’t require an electronic transaction, especially when you invest in gold in person. Gold is a completely private and anonymous investment that is also portable.

Contact William Youngerman to Invest in Gold Today!

Now that you know why you should invest in gold, get in contact with William Youngerman today! William Youngerman has provided his quality services to countless patrons in the South Florida area over the course of many years. He is one of the most experienced industry experts in his field and has ensured the satisfaction of countless customers. In fact, when you call him today, we feel more than confident you’ll be absolutely happy with his services. For any inquiries, you may call us at  1-800-327-5010 or visit our contact page.

The History of Platinum

Platinum has become one of the most highly sought after precious metals in the whole world. It’s so sought after, in fact, that it’s a close runner up to the value of gold. Its high-value potential has made it a great tool for investors to purchase and resell in order to earn a tremendous investment. But what is this metal’s history, and what makes it so valuable in the market? If you’re curious to learn more, then continue reading below. We’ve listed some important facets of platinum’s history in this article so that you can gain an understanding of how this precious metal’s value has developed over the centuries.

The History of Platinum

 

Platinum’s Early History

Platinum has been founded to be in objects dating as far back as 700 BC. One of its earliest uses has been to coat Egyptian sarcophagus’. By the 16th century, Spanish conquistadores have discovered more platinum in the earth as they were seeking gold. Not realizing that this was a precious metal, the conquistadores had dubbed this metal as a hindrance in their search for other riches. In fact, because it wasn’t recognized as a precious metal at the time, Spanish forgers would often use platinum to adulterate the gold coin. And it wasn’t until by 18th century that European scientists had begun to actually study this metal and were absolutely surprised by its properties (e.g. corrosion resistance and high melting point).

Through further research, by the 19th century, English scientists had finally developed a means of refining platinum and discovered a whole other set of metals that are collectively known as the Platinum Group Metals. When platinum’s melting point was discovered, forgers had utilized the precious metal to create laboratory equipment. It was also used to create crucibles for glass production.

Platinum Today

Regions such as Canada, Colombia, and Russia were once the main source of platinum for the longest time, and a couple of those regions are still mined today. However, at some point during the mid 1920s, it was discovered that Africa housed a tremendous resource for the mining of platinum. And since then, Africa has remained the top region in the world for the mining of this precious metal. Africa produces roughly 75% of the world’s supply of platinum.

Throughout the past century, platinum has gradually been recognized as an important product used in industry technology. One of its earliest uses was as a catalyst in the oil refining industry. Later through the years, platinum would also eventually be produced into jewelry and be worn by many all over the world.

Later advances in the uses of platinum would further develop and it’s now most notably used in the catalytic converters of today’s automobiles. Many nations have demanded more eco-friendly utilization in the function of automobiles. Especially in China where the government has enforced practices of reducing their pollution. Due to this, platinum has increasingly become a highly valuable metal in today’s precious metal market.

Why is Platinum Such a Popular Investment?

As mentioned above, platinum has been a highly sought after precious metal needed in the production of automobiles. However, this isn’t the first time platinum has been recognized as a valuable commodity. At some point during the 1970s, popular use of platinum bars and coins had begun to take place. And this is because the oil crisis along with economic uncertainty had driven precious metal prices higher. Adding to platinum’s investment potential came the introduction of the British Isle of Man Noble Platinum Bullion Coins in 1983. Thanks to this coin’s popularity and success, other regions began to follow suit, and eventually, America produced the Platinum American Eagle Coin in 1997.

By the 2000s, the precious metal market was soaring and platinum had become the valuable investment it stands as today.

Want to Invest in Platinum? Look No Further Than William Youngerman

Ever since as a young child, William Youngerman has been pursuing his interests and developing his knowledge in the coins, bullions, and precious metal market; making him one of the top leading industry experts. If you’re ever interested in investing or even selling your platinum, believe us when we tell you that there’s no better choice than William Youngerman. When you choose William Youngerman today, we’re far more than confident that you’ll be added to our growing list of satisfied customers as you make the best investment with platinum. For any inquiries, you may call us at (561) 368-7707 or visit our contact page.

Coin Collecting With William Youngerman

Coin collecting has been a popular activity that’s been prevalent for many ages and today, it still continues to be a common hobby. With many now starting their own coin collection, chances are, you might know someone who’s collecting coins. Or, you yourself might even be a coin collector or are just starting out becoming one. And if you’re the latter, you might be faced with many difficulties that are impeding on your pursuits of building up your set of valuable coins.

But don’t feel disdained when you’re first starting out coin collecting. It can be a little difficult and you’ll find that you’ll need plenty of help when you’re beginning. And when you do need that help, you can depend on the expertise and professionalism provided by William Youngerman in Boca Raton. William Youngerman is deeply knowledgeable about rare and valuable coins and he can be your #1 guide for all your coin collecting needs. If you wish to learn more about his services and how he can help you then continue reading below.

You’ll find that there’s no coin collector as well-versed as William Youngerman in South Florida.

William Youngerman’s Coin Collecting Services

In some cases, coin collecting can be fairly easy: if you look at some of the spare change you have right now, you might find that you already possess one or two valuable coins. But other times, you can feel stumped about where to begin. And even when you find yourself in the former scenario, you’ll still need some guidance understanding how much your coins are worth as well as some other questions you need answered.

Because William Youngerman has been collecting coins for many years, he’s sure to assist you in any way he can. Below are just some of the most common services he provides for coin collectors.

Market Insight

You, like many other coin collectors, might be interested in this hobby because you’re looking to make some investments. And when you need some insight for particular coins, William Youngerman can most definitely help you. When you bring your valuable coins in, William Youngerman can provide you the information you need concerning the price history of your coins, their profit potential, and just about anything else. By doing this, you can tell if you already possess the best coins or if you need to get better ones. So whenever you’re considering buying from us or from somewhere else and want our analysis, you can trust that we’ll offer you the best advice.

We’ll Authenticate Your Coins

You might already be an avid coin collector and already have a vast collection in your possession. In fact, some of the very coins you possess could be of very high value –  or at least, so you think.

While it may be stated somewhere (usually from an online database) that your coins are highly valuable, you’ll never know for sure unless you have an expert evaluate them. And luckily, William Youngerman provides authentication services to all his clients. When you have a coin – or even another piece of currency – and you need an assessment to determine if it’s real and valuable, William Youngerman can do that for you. Thanks to his near 50 years in business, he can determine if your coin is real and how much it’s worth. Moreover, he may even likely make an offer to buy it on the spot.

Auction Consultation

Becoming a coin collector will mean that you’ll need to attend some auctions in order to further develop your hobby. But in a lot of cases, it can be difficult to fit an auction visit in your busy schedule. But there’s no need to worry. You’ll be happy to know that our fine business has built a reputation for representing clients at coin auctions. We’ll be more than happy to attend on your behalf and purchase hard to obtain coins or collections.

Free Appraisals

We offer free appraisals for anyone who needs guidance for their coin collection. When you have questions that need answering, there’s no one better to turn to than William Youngerman. When you visit with one of our consultants, they’ll provide a free appraisal within a short period of time. Also, if you need an appraisal on other things besides coins – banknotes, gold and diamond jewelry, etc. – we can provide them for you. We implore you to explore our services even further by browsing through our site or even visiting our headquarters in Boca Raton. By doing so, you’ll get a glimpse into some of the other products we engage in dealings with.

Improve Your Coin Collecting Hobby With William Youngerman

When you’re in need of the most popular coin collecting services in South Florida, there’s no better person to turn to than William Youngerman. For many years, William Youngerman has helped countless clients build and invest in their coin collection. And when you need help developing your own coin collection – or other sets of rare currencies – you can trust us. For any inquiries, you may call us at  1-800-327-5010 or visit our contact page.

Why is Palladium More Valuable Than Gold?

For the longest time, gold has reigned supreme as the most valuable of all precious metals. But within the past few years, palladium has proven to be the most significant of investment potential. Last year, palladium started getting a rise in popularity as this metal’s value was surpassing that of gold’s, piquing many investors’ interests.  Since then, palladium has been dominating the market when it comes to precious metals. “But why?” you might ask.

If you wish to know more about why palladium’s value has been higher than gold’s since 2019, then continue reading below to see why and how this precious metal has been dominating the market.

What is Palladium?

Before even wondering why palladium is more valuable than gold, you might’ve asked yourself “what is palladium?”

In short, palladium is a lustrous white metal that belongs to the six platinum-group metals. Most of the palladium that’s found typically ends up in the exhaust systems of cars. This is because the precious metal helps turn toxic pollutants into less harmful carbon dioxide and water vapor. You will also see palladium used in electronics, dentistry, and especially jewelry.

Most of the world’s palladium comes from Russia and South Africa. It’s usually extracted as a byproduct during the mining of platinum and nickel.

Why is it More Valuable Than Gold?

In short, the reason why Palladium is more valuable than gold is that the former metal hasn’t responded to growing demand more than the latter. The usage of palladium is increasing since many governments are attempting to crack down on pollution from vehicles. In China, especially, automakers are forced to increase the amount of precious metals they use for catalytic converters.

Why is The Price Rising?

As mentioned above, the global demand for palladium hasn’t been met for quite some time. And experts agree that it won’t continue to meet global demand for a while.

Because it’s a secondary product of platinum and nickel extraction, miners are unable to increase its output in response to rising prices. And because of this, 2020 might be the 9th year in a row where palladium demand is unmet. This is determined due to South Africa – which produces around 40% of the world’s supply – likely being unable to increase output once again.

Also, because countries have been demanding more of palladium for cars, other parties have seen the potential in this metal’s value. This has resulted in thefts of vehicle’s catalytic converters (where the metal is stored). And due to this thievery, more and more of the precious metal has been demanded.

Want to Invest in Palladium? Contact William Youngerman

If you find the investment potential of palladium intriguing and wish to purchase or even sell it, call William Youngerman in Boca Raton today. William Youngerman is very passionate about the values of precious metals. In his business, you’ll find that he can assist you in the sales of gold, silver, platinum, and palladium bullion, coins, and jewelry. For any inquires, you may call William Youngerman at 1-800-327-5010 or visit our contact page.

Valuable Coins You Probably Have in Your Pocket Right Now

If you’ve ever been interested in taking up coin collecting, it may seem daunting at first to find rare and/or valuable coins to take into your possession or to sell. There are so many of them and you probably wouldn’t even know where to begin. But worry not. If you actually dig through your pockets of loose change, you might actually just have a few valuable coins you can start off with. There are many valuable coins out in the world that for you to already have some in your possession isn’t at all entirely unlikely. There are so many, in fact, that there’d be too much to list here. But we’ve listed a few down below that William Youngerman would probably be more than happy to purchase from you.

2000 Sacagawea “Cheerios” Dollar

As part of a promotion to raise awareness for the new golden dollar, Cheerios had inserted Sacagawea dollar coins into every 2000th box of cereal for patrons to collect.  This was performed in the early 2000s and a countless amount of these coins were spreading throughout the US, with only a few actually still be held onto today. The difference between these coins versus regular Sacagawea Dollars is that the “Cheerio” coin actually has a more detailed pattern on the tail of the eagle. These coins can be sold for at least $5,000.

2004 U.S. Wisconsin Extra Leaf Quarter

In late 2004, a coin collector had actually noticed that there was an extra leaf on the ear of corn on a Wisconsin state quarter. Later, it was determined that there were two variations of this coin: One with an “extra high leaf” and one with an “extra low leaf.”

It’s not known why this difference exists, but it’s widely believed that it was a deliberate design alteration. About 8,000 of these coins are believed to exist and you can sell them for at least $3,000.

2008 U.S. Reverse of 2007 Silver Eagle Dollar

What makes this coin unique is that a production error was made unto the coin and it wasn’t discovered until after 45,000 of them were produced. Most of these 2008 coins were stuck with the “pre-2008 design”; the reason why these coins are valuable. What distinguishes these coins from the other design is the missing serif on the lower right side of the U. If you bargain a good price on these, you can be lucky enough to sell these at just under $3,000.

1794 Flowing Hair Silver Dollar

This is actually the first dollar coin issued by the US federal government and the size and weight of it was based on the Spanish dollar. This coin was popular in trade throughout the Americas. It’s not very often that you come across a coin this old and in almost perfect condition (in fact, you may never find it in your pocket) but if you do happen to have it, you can sell this coin for a very valuable price.

2007 U.S. Missing Edge Lettering Presidential Dollar

Also comically known as the “godless dollar”, these coins are deemed valuable because they were accidentally produced without the edge inscription “In God We Trust.” Although millions of these coins were produced, they only seem to appear from Philadelphia. Out of all the coins listed in this blog, this is the least valuable. But you can still sell them at a hefty amount of $50 each.

Sell Your Valuable Coins to William Youngerman

If you’re lucky enough to have any of these coins in your pockets or lying around somewhere in your home and you’re looking to make some extra cash, then don’t hesitate to sell that to William Youngerman of South Florida. William Youngerman has developed his passion and deep knowledge of coins through decades of industry experience and if you’re looking to add to your collection of coins, he can help you with that, too. For any inquiries, you may call us at  1-800-327-5010 or visit our contact page.

What is Palladium & Why Should You Invest In It?

It’s a metal you’ve probably never heard of before and you might be thinking to yourself, “why would I want to invest in it?” The metal seems foreign to you and purchasing it might not seem like a great idea. That is, until, you see its value. Palladium, as it turns out, might be the absolute best investment you could make right now. Its price has been soaring for the past few years and experts seem to agree that buying palladium would be one of the most significant purchases you can make. Continue reading below to see what makes this metal so valuable and why you should buy it.

What is Palladium?

Palladium is a white material that is one of the four precious metals and also one of the six platinum-group metals. It’s most popular use is its appliance in automobile converters to reduce pollution. It’s also used in electronics, dentistry, and jewelry. What makes it underrated as an investment opportunity is that it’s tremendously unknown to many potential buyers. It’s usually shadowed by gold’s popularity despite it being much more valuable.

Why is it so Valuable?

The main reason why the metal is valuable is that it’s highly demanded by the automobile industry. As pollution regulations are getting tighter, many automobile companies are required to reduce the emissions of their products. China especially – being notorious for its pollution – has placed tighter restrictions on automobile companies, forcing businesses to utilize more of the precious metal. Supply, however, has not been able to keep up in demand for at least nine years and experts believe we’ll see palladium prices skyrocket again in 2020. Its dependency has become so common that it’s now more valuable than gold.

Why is Supply so Tight?

Because palladium is a byproduct to platinum or nickel, producers can’t respond quickly enough to price changes. Due to the supply of palladium not possibly being able to meet demand again this year, prices are projected to continue soaring. Also, because Russia and South Africa are the major sources of palladium mining, both countries have been facing supply disruptions. Palladium supplies are highly susceptible to mine production halts and political disruptions, hence why prices have been sharply increasing over the past few years.

Get Your Palladium From William Youngerman

Though rare, many businesses can offer consumers palladium items for purchase. One such business happens to be William Youngerman in Boca Raton, Florida. Since 1967, William Youngerman has been offering services in coin dealing for customers on both a national and international scale. If you wish to purchase or sell your palladium – or any precious metal, for that matter – from a trusted business, look no further than William Youngerman. To schedule for an appointment, call us at (561) 368-7707 or visit our contact page.

Why and How to Invest in Platinum

It wasn’t until the early 19th century when Platinum was regarded as a precious metal by Spanish explorers. Before then Platinum was seen as a nuisance during the mining for gold. Miners who have come across this metal back then believed it to be “unripe” and counterfeit gold. Platinum’s worthlessness was due to the fact that it was difficult to melt and so, for centuries, it was never regarded as a precious metal.

The times have changed, however, and platinum is being used more so today than it was back then. It’s most popular use is in jewelry but it has also been used in automobile converters and formed into coins. Platinum is continued in being researched due to its electrical conductivity, resistance to corrosion, extremely high melting point, and high durability.

The possibilities for the purpose of platinum allow it to be an excellent choice for investors as its demand could likely increase substantially in later years. But what other factors contribute to its value? Why and how do you invest in platinum? 

Continue reading below to see why investing in platinum is the ideal investment choice and how you should go about doing it.

It is a Precious Metal

Gold and silver are bought by investors due to the products’ ability to retain their value. Likewise, platinum is also able to keep its value because it has been dubbed as a precious metal. The prices for platinum will always fluctuate but because there’s only a finite amount of it in the world, it will never decrease in value. Also, in today’s world, where a majority of our economic systems and finances are stored in computers, investing and owning platinum would be an ideal backup plan. In any chaotic economic strife, precious metals will always be needed.

Rarity

Platinum is a very rare metal. In fact, it’s even more rare than gold. It’s been said that if you were to take all the platinum ever mined in history, the amount would be no bigger than a small 2-car garage. It’s guaranteed that the financial value of platinum will rise when resources for it become scarce.

How do You Invest in it?

Of course, for you to make an investment, you must purchase the product of your choice first. But how do you go about purchasing platinum? And how do you know if you’re offered the best price for it? Also, is it expensive? The answer to that last question is yes and no.

Gold is a very expensive commodity and investing in it can be difficult for anyone that doesn’t belong to the wealthy class. If you don’t necessarily have the best finances, then perhaps silver would be your best bet – it’s relatively cheap. 

But platinum is slightly different. It’s a based median that offers anyone who is fairly well-off a chance to invest. Its value, as of now, is in close range to be $1,000 per ounce. It’s still an expensive price, but compared to gold, you’re better off starting your investments with the “less” precious of the precious metals. 

As anyone will probably tell you, it’s always important that you do your research first. You may first want to average out a price for platinum and look into various facilities that offer it and see how you can negotiate a price. You can either purchase platinum in person or online. But it’s preferred if you do it in person.

Interested? Contact William Youngerman Inc.

If you happen to live in the South Florida area and you are interested in investing through platinum, consider contacting William Youngerman Inc. William Youngerman Inc. has been dealing in precious metal investments for nearly 50 years and they’ve even been contributors to two of the world’s most regarded reference books on world gold: Krause-Mishler and Friedberg. If interested, call us at (561) 368-7707, or visit our contact page.