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.

Why Gold Bullion Is Your Best Investment

While stocks and bonds rise and fall depending on company earnings, investing in gold remains one of the most stable purchases you can make.

Gold bullion is the precious metal itself, only the gold is formed into an ingot, bar, or even specific types of coins to buy and sell. Since gold bullion is the material, the value of gold bullion retains its value better than other forms of currency. It’s this price stability and steady value that makes gold bullion the go-to emergency currency for governments and private citizens around the world.

What Determines the Value of Gold?

When it comes to the actual valuation of gold bullion, it’s determined by the purity of the precious metal, as well as the volume found in the bullion itself. The gold market relies on supply and demand to settle the purchase price and the sale price. Gold bullion as a commodity is reliant on the supply and demands of jewelry design and manufacturing, as well as the purchase of physical gold (in the form of bullion, specialized gold coins, or ingots) as a so-called safe haven investment.

What Is Gold Bullion?

Gold bullion is regarded as a reliable investment due to it being viewed as a universal, although finite, currency. Once, bank-backed paper money was linked to gold, with the number of bills printed equaling the amount of gold stored in their vaults. While the majority of modern currencies are what’s called fiat currency (meaning that the value of the currency is backed by the government that issued it), central banks around the globe continue to hold gold bullion in reserve.

The reason for this is that gold has proven to hold its value during tough financial times, such as the 2007—2009 recession. While the S&P 500 index fell over 35 percent, the price of gold increased in comparison, rising to over 25 percent of its previous value. (The S&P 500 is a product by Standard & Poors (S&P), a global rating company. The index is a measurement of the stock performance of 500 of the world’s largest companies.)

Is Gold Bullion An Investment?

As gold is considered a common currency, many investors view buying gold bullion as a form of savings, as opposed to a typical investment. Additionally, the purchase price of investment-grade legal tender coins (which are the specialty gold coins traded on the market) is generally lower than the quoted spot price. The spot price is the value of what’s referred to as spot goods.

The Two Common Types of Commodities

  • Spot Goods: are commodities that are immediately available. This availability means these commodities are immediately ready for delivery to the investor, as opposed to commodities known as futures.

  • Futures: Also known as futures contracts, these commodities are scheduled to come available designated months ahead on the calendar, meaning the investor won’t have access to the commodities until the specified time.

Why You Should Consider Gold Bullion

Gold bullion, gold specialty coins, and gold ingots are on hand and ready to be picked up by the investor. There’s no delay and the investor has their financial insurance in hand.

Purchasing gold bullion is a more reliable way of ensuring your wealth, as well as the wealth of your children, grandchildren, great-grandchildren, and so on. The gold market is regulated and offers different ways to own precious metal, making buying gold easy.

Tips On Buying Gold Bullion, Gold Ingots, or Gold Specialty Coins

When you considering acquiring gold bullion, make sure that you find an accredited, reputable dealer. Many dealers will mark up their gold coin, gold ingot, and gold bullion prices to pass costs along to you, the customer. Thankfully, finding a trustworthy dealer is made easy, especially if you live in the Palm Beaches.

William Youngerman, Inc. has been selling and buying gold bullion and numismatic gold coins for over fifty years. William Youngerman specializes in independent third-party traded coins from the United States and around the world. As a noted member of several local associations, as well as state and national organizations dedicated to safeguarding the trade of gold, the team at William Youngerman maintains superior levels of integrity, customer service, industry knowledge, and timely payments.

When dealing with the experts at William Youngerman — including the founder, Bill Youngerman — you can be assured that your gold is fairly priced and of high quality. Learn more about the gold bullion available by visiting the William Youngerman showroom in >Boca Raton today.

You can also call William Youngerman toll-free at 1-800-327-5000 or use the convenient, online form to reach out with any questions you might have.

What’s The Difference Between Gold and Silver Bullion Coins and Numismatic Coins?

Those who are new to coin collecting, as a hobby, as an investment, or both, may be unfamiliar with the terms bullion and numismatic and their meanings when it comes to coins. The specialists at William Youngerman, Inc. are always at the ready to share their years of training and experience to help newcomers and veterans alike learn more about the trade of coins.

What Is Gold and Silver Bullion?

To those well outside the world of buying and selling rare coins, the word bullion may evoke images of gleaming bars of pure gold or silver stockpiled in a heavily guarded military base. When it comes to coin collecting, gold and silver bullion coins are a literal, tangible asset the same as money. In this sense, they are similar to those ingots in that there is an everlasting value based on the market value of the precious metal itself.

In fact, bullion has its own global market for trading — New York, Zurich, and Tokyo have bullion markets, with the largest market being in London. The gold and silver bullion market is only one of the ways that gold and silver can be invested in. It is also generally considered to be a so-called hedge or safe-haven investment against inflation as it historically maintains its value over time (though it should be noted that safe havens can change from one period of market volatility to the next).

What Are Numismatic Coins?

Where gold and silver bullion have actual value, numismatic coins are either rare coins or purely collectible coins based on different criteria. In many instances, numismatic coins aren’t valuable outside of the actual value of any gold or silver content found in the coin itself. The word numismatics is defined as, “the study of collection of coins, tokens, and paper money”*. So, in short, while gold and silver bullion coins are collected both as a hobby and an investment, numismatic coins are generally collected as a hobby.

Want to Get Started with Bullion or Numismatic Coins?

Are you looking to get started with gold and silver bullion coins? Do you need expert advice and guidance with market insights and suggestions as to which coin is right for you? Or are you more of a hobbyist who already has a set of coins, or perhaps has inherited some coins, and is in need of an appraisal? The experienced, professional coin dealers at William Youngerman, Inc. have a variety of services available for your collecting and investing needs. Call us toll-free at 1-800-327-5010 or contact us via our easy-to-use online form.

3 Reasons Why You Should Start Collecting Coins

A hobby is a regular activity done for enjoyment, typically during one’s leisure time. Collecting coins can become the hobby of a lifetime when you discover the various benefits it can offer. You can make money with this hobby by collecting coins that hold a great market value. This is one of many key benefits that aren’t offered with other hobbies. If you think about it,  collecting coins is more than a hobby, it an investment that offers a variety of benefits.

Your Coin Collection Grows Valuable Over Time

The hobby of coin collecting is a very efficient utilization of your spare time. It lets you indulge in something creative rather than wasting your valuable time. But your coin collection can definitely turn into a source of income for you. You can earn money from a coin by Selling your rare coins to local coin dealers such as William Youngerman. William Youngerman is always looking out for rare and good condition coins. You can fulfill their demands for such unique coins and earn handsome cash too!

Opportunities to Purchase Different Coins

Coin collecting is different from other hobbies because it gives you a large number of coins to collect and choose from. If you are looking for the best coins to collect look no further, William Youngerman provides the best coins. From United States Gold Eagle to Viet Nan Tien we sell coins from a variety of places around the world. William Youngerman is your one-stop shop for rare and gold coins.

Are you ready to start collecting coins?

Collecting can be both rewarding and profitable ventures. To meet our expert coin dealers and get started, schedule an appointment with William Youngerman Inc today! We’re also more than happy to help determine the value of your current coin collection. We offer flexible hours for appointments with both weekends and evening time slots available.

Collecting Paper Currency Vs. Gold Coins

At William Youngerman Inc, we buy and sell various forms of currency including rare paper currency, national bank notes, and more in Boca Raton, Fl. Collecting paper currency can be an excellent hobby for someone interested in owning a piece of history. This hobby can be just as rewarding and fun, revealing a treasured global history equal to coin collecting.

Difference Between Collecting Paper Currency Vs. Gold Coins

Coin collecting and paper money collecting may strike non-money collectors as one and the same, but — as those inside the hobbies know — they really are two very different animals that do still manage to share several commonalities. While coins may only slightly fade or degrade over time, paper money is fragile and easily damaged. Coin and currency dealers frequently assess paper currency “grades” that vary according to its condition, noting any visible damage such as tears, ink inconsistencies, or folds. At William Youngerman in Boca Raton, we have world gold coins, US Gold Coins, and Paper Currency that you can add to your collection.

Benefits of Collecting Paper Currency and Coins

Even though hobbies can serve up some wonderful benefits, most hobbies are costly with not that much return on investment. Coin and paper currency collecting, on the other hand, is one hobby that can actually make you money. This also means that it’s a good hobby to try out and see if you like it. If you feel that coin and paper currency collecting is not for you, then you can have the opportunity to get all your money and maybe show some profit when you decide to sell your coins. You can buy or sell rare coins and paper currency in Boca Raton at William Youngerman.

Either way, you go about it, collecting paper currency, coins, or both (as many do), is a way to express your appreciation of and interest in our nation’s social and economic history while giving you the chance to make money. Don’t miss out on the chance to collect a piece of history while doing a hobby that you love.

Are you Ready to  Start Collecting Rare Coins and Paper Currency?

Paper money and coin collecting can both be rewarding and profitable ventures. To meet our expert coin dealers and get started, schedule an appointment with William Youngerman Inc today! We’re also more than happy to help determine the value of your current paper currency collection. We offer flexible hours for appointments with both weekends and evening time slots available.

What You Should Know Before You Buy Gold Coins

With the price of gold increasing at astounding rates, many people are wanting to buy gold coins as a means of investing. If the value of gold coins has interested you, finding the best place to buy or sell them is the next step. William Youngerman is a trusted gold coin dealer in Boca Raton, servicing the surrounding South Florida area. We have over 50 years of experience working with investors to help them diversify and grow their investments. Our expert gold coin dealers can help educate and guide prospective investors with buying and selling gold coins at fair market prices.

Even though there are many honest and reputable gold coin dealers in the industry, there are also many who are looking to make a quick buck and take advantage of the uninformed. Before you invest in any precious metal, you should do your research. When buying or selling gold coins, there are a few things to consider in order to avoid getting ripped off.

Bullion Gold Coins vs. Certified Gold Coins

Bullion coins are manufactured year-to-year from precious metal and are purchased as an asset or investment. Their value generally fluctuates according to the current price of gold, silver or platinum. These coins are the most popular choice for people who buy gold purely for investment purposes because investors can get the most gold for the price in terms of weight and fineness.

Certified gold coins, often referred to as collector coins or rare coins, on the other hand, are currently not produced and are primarily valued for their rarity and not as much for their actual metal content. They are also valued for their popularity among avid coin collectors. To confirm their value, certified gold coins are inspected by a respected third party.

The main difference between gold bullions coins and certified gold coins is that the latter’s value is not tied to the gold spot price which makes them more favorable among investors that want an extra hedge against risk. It is important for prospective investors to know the difference between these two types of investment coins because there are coin dealers out there who may exploit this ignorance to try and steer customers in the wrong direction. This could lead to novice investors spending more money for lower quantity.

Price Of Gold Coins

Prospective gold coin investors should be aware that while collector coins require doing some research into the specific coins available to understand their worth, bullion gold coins have three factors that go into determining their value:

  • The weight of gold
  • Its fineness
  • The current spot price (value per ounce of gold bullion at any given moment)

Gold bullion coins typically trade at a small premium compared to the actual spot gold prices. Meanwhile, collector coins can carry a significant collector premium based on historical supply and current market demand.

Use A Trusted Gold Coin Dealer

Gold is one of the most sought out investment assets due to its intrinsic value, and for this reason, there are many different sources for buying and selling gold. Finding the best place to buy gold coins can be difficult, but avoiding places that will try to scam gold investors requires some discerning. At William Youngerman, our extensive experience and wealth of knowledge on coin collections make us the best source for comparing, identifying, and estimating the value of a coin. We will also provide an appraisal service for people who are looking to sell their coins but don’t know exactly what the price is. If you would like to buy gold coins, visit the experts at William Youngerman or give us a call at 1-800-327-5010.

What Is The Gold Standard History?

The gold standard history dates back to the 17th century, but the use of gold has played a key role in history for over 5,000 years. The gold standard was a monetary system where the value of a country’s currency or paper money was directly linked to gold. Even though the gold standard is no longer used, we still use gold as a means for investing and collecting.

The gold coin dealers at William Youngerman understand gold’s intrinsic value. Due to its scarcity, high density, diversification and inherent value, gold is by far the most important heavy metal and that is why we are dedicated to providing our professional advice when it comes to buying and selling gold coins. We have over 50 years of experience helping investors and avid coin collectors diversify their investments and add to their coin collections.

The Gold Standard History

Around 700 B.C., gold was officially made into coins for the first time. Between 1696 and 1812, the development and regulation of the gold standard began as the introduction of paper money caused some issues. Unlike paper money, the gold standard allowed a country to set a fixed price for gold, as well as buy and sell at that price. That fixed price was also used to determine the value of a country’s currency. This helped to prevent and avoid inflation and deflation. For decades before World War I, gold was used as payment between countries in international trade deals.

Currently, the gold standard is not used by any country or government. During the Great Depression, all Americans were forced to convert their gold coins, gold bullion, and certificates into U.S. dollars. The United States stopped using the gold standard in 1933, a few years after Great Britain. The gold standard was instead replaced by fiat money, a term used to describe a currency that is used because of a government’s order that is must be accepted as a form of payment. With a fiat monetary system, the value of a currency is not based on a physical commodity but is instead allowed to fluctuate against other foreign currencies.

Modern Day Use Of Gold

Today, the price of gold is determined by the demand for the metal and still serves an important function. Gold is a major financial asset for countries and central banks. This precious metal helps banks hedge against loans made to their government, and is also used as an indicator of economic health. Gold is also used by many investors as an asset that helps to diversify investment portfolios. As true money, it will always be the true backbone of the financial system.

Gold Coin Dealers In Boca Raton

If you are wanting to begin investing in gold then contact William Youngerman for the best prices of gold coins, precious metals, and even rare paper currencies. As the top gold coin dealers in Boca Raton, we understand the importance of investing in gold in order to solidify an investment portfolio. We buy and sell gold coins and bullion, and gold collections from around the world. Call us now at 1-800-327-5010 to learn more about gold coin collecting tips or gold investing opportunities.

Investing In Gold Vs Paper Money

 

When it comes to investing in gold vs. paper money, there are many factors to consider. The knowledgeable professionals at William Youngerman help clients diversify their portfolios of gold, silver, rare coins and collectibles.

Buying and selling gold can provide a means of holding value in times of economic downturn. Investing in paper currency can offer flexibility and familiarity.

Buying And Selling Gold

For centuries, gold has been seen as an asset with true inherent value. Due to its scarcity, gold has preserved its purchasing power and demand over long periods of time. This has also allowed gold to maintain its stability through fluctuating interests rates across global economies.

Gold is typically used as a tool for diversification in investment portfolios. This precious metal also acts as a hedge against inflation. Investing in gold can provide long-term stability and efficiency for storing wealth.

Investing In Paper Money

One of the benefits of paper money is that it is flexible. If there is a future investment opportunity, cash is more readily available for an exchange, allowing investors to take an immediate advantage.

The downside to investing in paper currency is that it can be an uncertain and at times volatile asset. Paper currency can be devalued overnight due to its availability and the constant printing of more notes. This fact alone has decreased the purchasing power of paper currency over the years.

There are many benefits to investing in gold and paper currencies. Nowadays, many investors chose to safeguard their wealth and investments with reserves of both cash and gold. At William Youngerman, we provide opportunities to invest in both gold and paper money. Our knowledgeable staff specializes in buying and selling gold along with fiat currency like coins and paper money. If you are looking to invest in either gold or paper or both, then call the experts at William Youngerman at 800-327-5010.