11/5/2008 @ 9:16:39 am by icoincollect.com

The Values of Silver and Gold

Did you ever wonder about your gold and silver coins? You may think silver may be worth more than gold, depending on the current value of each amount.

You might be surprised to know that back in March of 2006 gold was ranked more valuable. Gold was being traded at 554.00/oz as in silver only was selling for 10.33/oz. Due to the high scarcity of gold it is 54 more times valuable then silver. Also you should know that gold coins have better longevity and better durability then silver coins.

There is a way other than collecting silver can make your collection more profitable to you. Silver is used in the medical field. This “silver” cure is only offered by Nature's Sunshine Products. What this treatment can do is break apart and kill bacteria, virus or other pathogens in your body with its oxide coating. It has been a proven treatment for many.

Silver is also in high demand in industries for production of many items you find when your shopping. This metal is being used in the jewelry, batteries, cellophane, windows and most switches and appliances found throughout your home. Many people find these products useful. Sliver is a better resource for consumers then gold.

Gold coins are rare and can become more valuable as they appreciate over the years to come. Silver is good to collect also but you would have to wait longer for its value to increase. So, think of the positive and negative aspects of each metal when you’re collecting these coins.

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