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One of the best things about Christmas, Chanukah, and Kwanzaa is that they’re predictable. Christmas is especially predictable, what with it happening every December 25 and all, while Chanukah always happens sometime around Christmas. This annual occurrence means that you can create traditions – ham in cola, a sing-song at the neighbor’s house – whatever floats your collective seasonal boat. One brilliant idea, though, is to give a select few among your loved ones some precious metals each year.
It doesn’t have to cost a fortune
Don’t fret, you can pick up holiday gifts from Golden Eagle Coins for as little as $20 or so (around £15 at current rates) and so these gifts of silver or gold are easily affordable.
You can give your family a new coin or round for each year
Most mints produce coins – or rounds – with a new design for each year (as well as bearing the date, obviously). These rounds usually weigh one ounce and having a series of ten or more years’ mintages make the set even more valuable if the person decides to sell them on in the future. Alternatively, people can hold on to their sets and pass them down to their own children.
Children love the colorized and enameled coins
Collecting coins can be especially fun if they’re colorful and feature familiar characters, like Disney favorites and even Santa Claus himself! It’s important to limit the amount of handling these coins get, though, as the surfaces can become damaged and lose value. Older children will understand this, though, so it might be a good idea to keep the coins safe from youngsters for a few years first.
There are also bars available
Silver bars are another good idea, as there’s a space on the reverse side for a personalized engraved message, as well as a cheery Christmas figure like Santa or Rudolph on the front. Bear in mind this may make it harder to sell in the future, though. It may be that you choose to give bars as permanent keepsakes and rounds as investment gifts.
It’s not just for the kids, though
While everyone’s inner child comes out during the holidays, not everyone wants Santa or even any Christmas theme on their gift. If you’re buying for a Jewish, Muslim or atheist friend or relative, then you can look for the more inclusive “holidays” themed coins, bars, and 5-gram silver notes. There’s also coins and bars with natural-themed designs on, like fir trees, snowflakes or a dark starry night to invoke the seasonal rather than the religious feelings of winter.
Match the gift to the recipient
One of the tricks to buying precious metals as a gift is to make sure it has relevance to the person you’re giving it to. Of course, the main purpose is as an investment, but if someone’s already a collector, then you should aim to help them complete their series. If, on the other hand, the recipient is a newbie or a child, you need to make it fun with something like a 5-gram Marvel Comics-themed silver note.
This is a collaborative post. MinaSlater.com sometimes allows collaborators to submit posts which may be helpful to its readers. Any post on this website not written by Mina Slater will be labeled accordingly. Thank you for supporting our collaborators, we hope you enjoy this post.