Tag Archives: proof

General Investing

All You Need to Know About Gold Proof Coins

Gold proof coins are especially minted for those who are interested in collecting coins and for presents to be gifted for special occasions. Such coins are not meant for purposes of circulation. These are usually manufactured as samples of preproduction and are a definite designation for such coins. The blanks are specifically created to mint proofs and are quite highly polished prior to their striking. These coins are produced using a special procedure giving it a shinier and glossier appearance in comparison to its bullion counterpart. Even the dies of such coins are thoroughly polished and specially prepared before using to mint them.

Gold proof coins are struck in a unique way and are given a special finish as well. Being produced in fairly limited amounts, they are quite rare. With the passage of time the value of these coins has been consistently increasing. Most often they are more expensive than their bullion cousin. The main reason for the difference in price between these two items of gold lies in the fact that the coins are rarer and their process of minting is comparatively expensive. Before you invest in such coins, you must bear certain essential factors in mind. Some of them have been outlined and explained in the following section.

A vital aspect while buying gold proof coins is that you must be aware of the fair price of the coin that you are interested in. This will prevent you from overspending while purchasing such a coin. It is recommended that to do some research on various dealers before buying such coins. Another vital aspect that you must know in this context is the distinction between such coins and gold bullion coins that closely resemble them. In this way you will be able to avoid the mistake of buying the wrong type of coin.

Another essential aspect while purchasing gold proof coins as opposed to the gold bullion is to know about the rate at which such a piece appreciates with the passage of time. You can do this by making a comparison of the difference in prices of such identical coins that had been produced in various years. One basic rule is that the older such gold coins, the more valuable it will be in comparison to its identical, newer counterparts. However, there is one exception to this rule. That is applicable if in a particular year lesser than usual coins are produced. In such a situation of scarcity, a newer coin can have greater value than its older identical counterparts.

Similarly, there are official figures which reveal that prices of gold bullion have steadily risen over the years. Historically, these items have proved to have the ability to supersede global recessions by being able to do well even when various other methods of investments fail to do so. It has managed to soar in value even when currencies have fallen drastically and has grown from strength to strength during situations of high inflation. Therefore, if you wish to reap some monetary profit, you can consider investing on these or gold proof coins. There are many around the world who stick to this safe and reliable method of investment.

Market Analysis

Loans For Self Employed No Income Proof Needed

Self employed people do not have any income proof, which is an important document to show to the lender to get finance. Keeping in mind the problems of self employed people, the lending companies of UK have designed loans for self employed. These loans provide immediate money to the people running their own business. With these loans, you are not required to show any income proof to the lender. You can instantly fulfill all your unexpected demands with the help of these loans. These loans help you in fulfilling the short-term demands of daily life.

Loans for self employed are provided to you for the amount that ranges between 100 and 1500. You have the repayment period of 2 to 4 weeks. The amount must be paid back within this period. If you fail to do so, the lender will ask you to pay extra charges as a penal fee. The rate of interest on these loans is quite high because of the short-term nature. But, it is easy to fetch an affordable deal through proper market analysis.

If you are hesitating to apply for these loans because of the poor credit status, then leave all your worries behind. These loans are also available for the bad credit scorers. Your bad credit scores such as arrears, defaults or bankruptcy are accepted by the lender. These loans do not have any procedure of credit checks. You are not required to show your credit report either.

If you are looking for a quick monetary help, then use internet for the application of these loans. Online means of application is very simple and easy. You just need to fill up an online application form including your personal details and submit it to the online lender. If the lender gets satisfied after the verification process, he will transfer the loan amount into your checking account.