Get in on today’s latest gold trend so you can profit handsomely from its sale.
If you’re new to buying gold, you’re probably not aware of what the Gold Great Britain “Rose Crown” Guinea ¼ oz Gem is in the first place. That’s perfectly ok because by the time you’re done reading this short guide, you’ll have a great deal of awareness about the gold coin. You’ll then be able to decide how many of it to buy, where to store the coins you’ve purchased, and what to do with the money once you do decide to cash the precious metal in.
To start, you’ll need to understand the history of the Rose Crown guinea coin, how it relates to today’s investor, and what makes it such a sought-after purchase. Possessing this information makes you better informed so you, too, can take advantage of the popular Guinea.
What Makes Rose Crown guinea Coin So Desirable?
This coin has a history spanning over three and a half centuries when it was first released. It was reissued in 2017 by Saint Helena and The East India Company as a tribute coin. The originals were around at the same time King George II held his throne. Today’s “Rose Crown” gold coins are a quarter ounce each and made with 999.9 pure gold.
At the time of the first Guineas release, the precious metal coins traveled the seas on The East India Company ships as currency. They created what we currently know as international trade. Merchants used the gold to acquire the things they desired from other merchants and took the goods back to their country of origin to barter with and sell.
The “Rose Crown” was Britain’s preferred form of currency for 150 years. The first coins had an inscription that included the words “Decus et Tutamen.” It translation suggests that it is an “Ornament” and a “Safeguard.”
How ironic is it that the meaning on the coin remains relevant today? It’s an ornament by being a prized part of any coin collector’s collection. It’s a safeguard because it holds value and earns a great deal of respect from the world.
What Does the Coin Look Like?
Saint Helena uses the coins as its official legal tender. The Guinea is instantly recognizable with the Rose Crown Shield on one side and Queen Elizabeth II on the other. The coin also has its weight imprinted on it as well as the mark of The East India Company for identification purposes.
It’s a distinct and beautiful coin that stands out. The image of Queen Elizabeth II is by renowned sculptor Raphael Maklouf. The likeness is uncanny, which took a great deal of skill and precision.
Learning the identifying marks helps you avoid buying counterfeit coins. You’ll see all of the mint mark from The East India Company as well as the other identifiers. If the coins you’re considering buying do not have one of the marks, it’s best to move on to another seller who authenticates its coins.
Uncirculated gold is what you’re looking to buy as it looks new and hasn’t been used as currency by any nation. The listings that you look at should state the condition of the gold in the description. If it doesn’t, contact a representative from the company you seek to buy the coin from for additional information.
What is Rose Crown guinea Value?
So, what’s the value of the Gem? It has a sovereign backed legal tender bearing a £25 face value. Keep in mind that gold prices fluctuate daily, so it’s essential to speak to a precious metal specialist before finalizing your purchase. That way, you’re sure to get the best value possible with the coins you decide to buy.
What is the Difference Between the 2018 and 2019 “Rose Crown guinea”?
The most notable difference between the two is the date included on the front of the coin. The 2018 coins read “2018.” The 2019 coins read “2019.” There are no real changes to the front or back of the design.
All of the identifying marks are visible, including the weight, shield, queen, and company. The only exception is the date, and perhaps the asking price as the value varies daily due to gold prices at the moment.
Why Invest in Gold?
As mentioned before, the world sees gold as being a valuable source of currency and investment option. The gold coin formed the backbone of international trade, making it possible to import goods from faraway places. Image what the world would be like today if we weren’t able to share our products with other countries or receive goods from different regions in the world! There are so many things we’d be currently doing without because we couldn’t access them the way we wanted to.
Thanks to gold’s reputation as a scarce and valuable resource, the current market for it remains steady. Prices increase daily much to the delight of investors. It’s an option that many people choose to round out their investment portfolios because of the variety of bullion available and the value it promises.
Investing in the “Rose Crown” Guinea Has Its Advantages
If you have the opportunity to buy the Gold Great Britain “Rose Crown” Guinea ¼ oz Gem, by all means, do so. It’s in high-demand meaning that you’ll always find a buyer for your coins. Knowing the difference between 2018 and 2019’s coin helps you determine which you’d like to own and why. You’re better able to decide which coins to add to your collection based on value and desirability.
Including the “Rose Crown” in Your Investment Portfolio
Planning your retirement has never been easier. You can transfer your traditional IRA into a Gold IRA and be rewarded handsomely for doing so. There are no penalties and fees involved with making the switch, and you have greater control over the coins you purchase. You’re even able to decide where to store the precious metal, so you always have access to it whenever you need it.