My grandmother often mentored young women in the church, most especially young mothers. One such woman whom, for the sake of this story I will call Mrs. Ditzy, was left a large coin collection in her grandfather’s will. Mrs. Ditzy asked Gram if the collection should be sold. Since the family wasn’t in need of money, Gram suggested that the collection be secured as an investment for the young couples future or their children’s college.
I remember seeing an impressive pile of $20.00 gold pieces. Gram mentioned that it was only FRction of wht she’d received and that they were all from the late 1800s. Mrs. Ditzy explained that her grandfather never trusted the banks so he bundled his money in sacks and kept it under the floor boards in his bedroom. Gram told Mrs. Ditzy that she needed to keep the coins some place more secure.
What Gram didn’t tell Mrs. Ditzy was that the coins, by the mid 1970s, were worth more than their face value. I imagine Gram thought Mrs. Ditzy, or perhaps Mr. Ditzy, already knew. All I know for certain was how appalled Gram was to learn that Mrs. Ditzy had deposited the coins in the bank — and not in a safety deposit box or some other secure storage. Mrs. Ditzy gave those coins to the bank at face value and opened a savings account.
I am relatively certain that you, dear reader, are much smarter than Mrs. Ditzy, but just in case you’re not, let me introduce you to Goldline International Incorporated. If you are going to sell or buy gold online, Goldline International is the place to go. They also provide safe gold and precious metal storage. Don’t be a Ditzy!