Need a tax loss?

If you purchased rare coins and precious metals in 2013 or earlier, and they are worth less today than what you originally paid for them, you can record a tax loss on the difference. I will buy them from you and resell them to you within 48 hours. Your new investment cost will be lower. You’ll record the tax loss this year when you do your taxes in 2014. You don’t have to wait 30 days (30 Day Wash Rule) between the selling and buying transactions like you do with stocks and bonds. Share this with a friend, or contact me before December 20th, 2013 at:

T: (818) 827 – 7152

W: www.albariancoins.com

E: Paul@Albariancoins.com

Note: I am not a tax professional, and I strongly recommend consulting with a tax professional to make sure your personal situation is compliant with IRS rules and regulations. You can call Susan Honig, or someone with her qualifications. You may contact her at:

Susan E. Honig, CFP®, EA, CTC™

Veritana Financial Planning, Inc.

3500 W. Olive Avenue, Suite 300

Burbank, CA 91505

T: 818-725-1202

F: 818-937-6934

www.veritanafinancial.com

Choosing a gold dealer: transparency

Honest dealers are an important factor when it comes to selling your gold or personal items. However, with so many different gold dealers making certain claims, it may seem hard to distinguish between those who are honest and those who are selling you an item significantly higher than the actual value. Prior to seeking out a gold dealer, these tips may help you make a more informed decision:

Is your gold dealer in any of the following professional associations? There are a number of professional associations that provide membership to gold dealers. Each association varies in what they offer and represent. At Paul Albarian & Associates, we are a proud member and an authorized dealer of the following associations.

Does your dealer openly list their prices? It’s important that gold dealers inform you about how much the items are likely to cost. Whether it’s on their website or in a book they provide you, this can help you determine the likely value of your gold and reassure you that the gold dealer is providing you with an honest appraisal. Here at Paul Albarian & Associates, we list online the prices of our bullion coins, and our rare gold and silver coins that are certified by PCGS and NGC!

Are you, or someone you know, interested in diversifying their investment portfolio? Many financial advisors recommend their clients invest 5% to 15% of their investment portfolio in rare coins, and precious metals as a hedge against the weakening of the United States Dollar, inflation, and world instability. We also offer up to 15% commission on jewelry sales when you refer your friends or family. Please call Paul Albarian today at (818) 827-7152 to set up an appointment and get free information.

Rare vs “Going up in value because of rarity”

The decision to invest in rare coins depends on what exactly you’re looking for when making the purchase. Certain coins are beneficial to add to your savings as a way to hold value whereas other coins are simply rare and exist for the sake of collecting. As rare coins are becoming more scarce, the demand and value for them increases. There are correct and incorrect methods for buying rare coins and precious metals. Your best start is to meet with a qualified dealer like Paul Albarian for a free consultation. He will understand your goals and can tailor a purchase to your specific needs.

Rare coins don’t necessarily increase in value. While some rare coins increase in demand, not all rare coins appreciate in value over time. Some are simply beneficial to those who are looking to collect coins for their artistic value and are not interested in capitalization. Paul Albarian would be happy to provide you with free advice on investing or just collecting as a hobby.

For a collector’s item, choose a coin with the best price. Certain coins are exceptionally rare and make great additions to a collector’s display. When searching for these types of rare coins, try to find the best deal possible because your intention is to not profit from the coin but rather to have it as a keepsake. Many coin grading services help to establish the value of specific and authentic rare coins.

Is your rare coin expected to appreciate in value? Most rare coins appreciate in value over time and can be worth more in the future than the amount you initially paid for it. These coins can be an excellent way to make a small investment. To find the true value of your coin, it’s important to do research and find out whether the rare coin you are looking to purchase will actually have some increased value over the years.

Are you, or someone you know, interested in diversifying their investment portfolio? Many financial advisors recommend their clients invest 5% to 15% of their investment portfolio in rare coins, and precious metals as a hedge against the weakening of the United States Dollar, inflation, and world instability. We also offer up to 15% commission on jewelry sales when you refer your friends or family. Please call Paul Albarian today at (818) 827-7152 to set up an appointment and get free information.

Uses of gold

Long considered one of the most desirable metals, gold has often been associated with wealth and status. With its special properties, this precious metal is used in various ways, from jewelry to electronic devices. Being one of the easiest metals to work with, gold can be altered into different shapes and sizes.

Gold has long been used in jewelry and currency. Gold is a very popular metal when it comes to jewelry due to its ornate, shiny appearance as well as its different colors and karats. Gold is great for jewelry as it can’t be tarnished and is often combined with other metals to increase its durability. It’s also highly malleable which allows it to be transformed into different sizes and shapes. As far as currency, gold bullion are no longer commonly used for financial transactions; however they can be great items to add to your investment portfolio.

Gold is an excellent conductor of electricity. Gold is highly reliable when it comes to electrical devices due to its high conductivity and its ability to avoid corrosion. Often used in computers, gold helps to rapidly transmit digital information from one device to another. In aerospace, gold-coated polyester films are used in space vehicles to reflect infrared radiation and keep the temperature stable in the spacecraft. Gold also acts as an effective lubricant between the mechanical parts in the spacecraft. Astronauts also utilize gold in their visors, which are coated with a thin layer of gold to help protect them from the sun’s harmful rays.

Gold is symbolic of great achievements and high esteem. Gold is often used in medals and awards to recognize those who have made a great achievement. Often seen in the Olympics as well as in award shows, gold is the most sought after metal that people want.

Are you, or someone you know, interested in diversifying their investment portfolio? Many financial advisors recommend their clients invest 5% to 15% of their investment portfolio in rare coins, and precious metals as a hedge against the weakening of the United States Dollar, inflation, and world instability. We also offer up to 15% commission on jewelry sales when you refer your friends or family. Please call Paul Albarian today at (818) 827-7152 to set up an appointment and get free information.

Investing in gold: Capitalization vs. Insurance

There are two primary reasons for investing in gold: Investing for capital appreciation (to earn money), or as insurance against economic and world uncertainty. It’s important to understand the difference between both types of investing, so you can tailor your investment goals accordingly.

Investing in gold because you anticipate its price will rise. When purchasing gold for capital appreciation, you are buying with the expectation that the price of gold will increase in the future. Whether the price goes up or down depends on the market and the current value of your investment will fluctuate. The goal is that, in the future, you might be able to sell the gold for more than you paid for it.

Investing in gold as insurance against economic uncertainty. The value of currencies fluctuate due to inflation, weakening of the U.S. Dollar, and world instability. Investing in gold as insurance can protect you against some of the effects of economic and world uncertainty. Gold prices often increase as the dollar weakens, and therefore many see it as a sound investment to protect against difficult economic times.

Look into investing in authentic gold bullion. When deciding to invest in rare coins and gold bullion, make sure the item is authentic, and investment worthy. Many different advertisements attempt to sell you amazing quality gold coins at great prices, but most of the time these items are only gold-plated coins. Non-investment worthy rare coins and bullion almost never have a chance to appreciate in value over what you paid for them. Some coins are investment-worthy, but are sold for too much money over the market price. So, even if the price of gold goes up, your investment is supposed to appreciate in value, which it actually does not. At Paul Albarian & Associates, we make sure the gold bullion coins we provide you are 100% authentic, investment worthy, and at the right price.

Are you, or someone you know, interested in diversifying their investment portfolio? Many financial advisors recommend their clients invest 5% to 15% of their investment portfolio in rare coins, and precious metals as a hedge against the weakening of the United States Dollar, inflation, and world instability. We also offer up to 15% commission on jewelry sales when you refer your friends or family. Please call Paul Albarian today at (818) 827-7152 to set up an appointment and get free information.

Deal of the day – While supplies last!

Thursday, November 7, 2013

Today we are offering the United States $20 Saint Gaudens Gold Coin minted from 1907-1933 for only $1550 while supplies last. The condition of these coins is uncirculated or mint state and they are graded MS63 by Professional Coin Grading Service (PCGS) or Numismatic Guaranty Corporation (NGC). They weigh 33.44 grams and contain .9675 ounces of pure gold. To get this price you have to make an order of five coins or more.

In 1986 this coin was valued at $1,125 and in MS64 $2500. The highest price of gold in 1986 was $438 per ounce. So, in 1986 the $20 Saint Gaudens had a value that was over 2 ½ times its gold value. Today these coins are considered undervalued, being priced at less than 1 ¼ times the value of gold.

In the 1950’s William H. Sheldon came up with a coin numerical grading service that started with 1 the lowest grade and 70 the highest. MS60 through MS70 grades are uncirculated and are considered investment grade. PCGS and NGC have never graded a $20 Saint Gaudens coin MS70.

Call us today at (818) 827-7152 to reserve this great American treasure and investment. And please visit our website to learn more about rare gold coins, and to see the other great values of United State Gold Coins dated before 1933.

Choosing an honest gold dealer

Seeking out honest, reputable gold dealers is important when deciding to invest or sell your gold. Finding reliable gold dealers can save you a lot of time, money and stress, especially when dealing with valuable item or personal possessions. Here are a few tips to consider when searching for an honest gold dealer.

Does your jewelry dealer have a valid license? In California, jewelry dealers are required to have a license, but not all of them do. A licensed gold dealer protects consumers by taking steps to prevent theft and fraud. Ask your prospective jewelry dealer if they have a license – it should be on display and they should readily present it to you.

Be aware of how gold is purchased. There are plenty of ads for gold dealers willing to pay you a quick sum when you send them your gold jewelry. But did you know it is illegal in California and most states within the USA for gold dealers to purchase jewelry through the mail? Also, be aware of whether the dealer is weighing your items in grams, avoirdupois grams, pennyweights, or troy ounces. Each unit is slightly different, and some dealers use this to imply they are offering more, when actually they are offering less. Be careful that the gold dealer you choose is abiding by the relevant laws and regulations.

Do your research to find a suitable gold dealer. The Internet provides plenty of resources to check whether a gold dealer is reputable and honest. At Paul Albarian & Associates, we have over 22 years of experience and are proud of our reputation. Give us a call or stop by our office, and we’ll be happy to talk about the steps we take to be your trustworthy gold and jewelry dealer.

Are you interested in making some extra income by selling your gold items? Many financial advisors recommend their clients invest 5% to 15% of their investment portfolio in rare coins, and precious metals as a hedge against the weakening of the United States Dollar, inflation, and world instability. We also offer up to 15% commission on jewelry sales when you refer your friends or family. Please call Paul Albarian today at (818) 827-7152 to set up an appointment and get free information.

Deal Of The Day – While Supplies Last!

October 31, 2013

Today we are offering the United States $20 Saint Gaudens gold coin minted from 1907-1933 for only $1425 while supplies last. The condition of these coins is heavily circulated, they weigh 33.44 grams and contains .9675 ounces of pure gold. To get this price you have to make an order of five coins or more.

This coin was the brain child of our Rough Rider President, Theodore Roosevelt; who at that time dubbed US coins as ugly and lacking artistic talent. He commissioned a well known artist and sculptor, Augustus De Saint Guadens to design new coins for minting. By 1933 this and other United States gold coins were confiscated and melted down with Executive Order by then President Franklin Roosevelt. In later years and today these rare coins were found in Swiss banks and other parts of the world.

Please visit our website to learn more about rare gold coins, and to see the other great values of United State Gold Coins dated before 1933.

Call us today at (818) 827-7152 to reserve this great American treasure!

Reportable vs non-reportable coins and bullion

Some gold bullion bars and coins are reportable and subject to confiscation by the federal government. You may ask what does reportable mean? When a customer sells a bullion coin or bar that is reportable, the dealer who is buying the item has to fill out a 1099-B form and submit one copy to the IRS and the other to the customer at the end of the year. This involves the customer giving the dealer their Social Security number and a copy of their driver’s license. So, this process works like interest, profit, and dividends you may receive from many of your other investments and bank accounts. By law you always have to report your gain or loss on your taxes, when selling rare coins and precious metals. Please talk to a tax professional to make this more specific to your situation.

Rare coins can be a good investment and are always exempt from being reportable and subject to confiscation. If the bullion coin or bar is exempt from reportability or non reportable you will not have to give your Social Security number and driver’s license to the dealer. The dealer does not have to fill out a 1099-B form and what you do on your tax returns is private. This is between you and maybe a tax professional only. This is where an experienced dealer like Paul Albarian with over 22 years of experience can help you in making the right kind of gold investments to meet your goals.

Confiscation of gold involved an Executive Order by President Franklin D. Roosevelt in 1933. A Paraphrased copy of this law is on my website at www.albariancoins.com. There was an emergency in our banking system. Many banks went bankrupt, and FDIC was not around at the time to compensate customers for losing their life savings in bank accounts. The Great Depression had effect people’s lives and money around the world. The president ordered everyone in the United States to turn in their gold within 30 days at face value or they would incur a maximum punishment of ten years in prison and a $10,000 dollar fine. Rare coins were exempt. Remember my last blog? The definition of a rare coin is a coin dated before 1965 with a value greater than their metal value. The purpose of it being minted was for the consumer to buy their food, goods, and services.

Another Executive Order effective from 1974 to the present allows, citizens of the United States, to trade or invest in any and all bullion and collectible gold coins without penalty. Many people today believe this Executive Order of 1933, could take effect again if there was an emergency in our banking or other financial system. If this concerns you, please ask us how we can protect your privacy and the possibility of federal government confiscation of gold and other precious metals in the future.

What types of investments are considered reportable? Before making an investment, do your research. We at Paul Albarian & Associates will be glad to provide further guidance, and help you
Put together a rare coin and precious metal portfolio that you should be able to hold, buy, and sell privately and should not be subject to confiscation by our federal government.

Are you concerned about the effects the government and banks could have on your current and future savings and investments? Many financial advisors recommend their clients invest 5% to 15% of their investment portfolio in rare coins, and precious metals as a hedge against the weakening of the United States Dollar, inflation, and world instability. Please call Paul Albarian today at (818) 827-7152 to set up an appointment and get free information.