Certified Gold Coins - Investment-Grade Gold Coins
If you want to get started buying gold coins, you might do best by sticking to Certified Gold Coins. These coins are graded based on their condition so that you know what you are getting and if you should decide to sell them again, the person you sell them to will also know what they are buying.
The most common organization for Certified Gold Coins is the Professional Coin Grading Service (PCGS). The second most common organization used for certifying coins is the NGC. Both of these organizations were created in the late 1980s, and they provide similar services. They grade the coins and then encapsulate them in a tamper proof package. As long as they are still encapsulated they are guaranteed to be at the grade indicated on the package. The PCGS also provides a certificate to go along with the coin.
When buying Certified Gold Coins, the price depends on a variety of factors. The price of gold on the market is taken into account, and then a premium is added to that based on such things as the popularity of the coin, the condition of the coin, the grade given by the certifying organizations, and the historical significance of the coin. If you decide that you would like to start investing in Certified Gold Coins, you should purchase them from a reputable coin dealer. Check with the Better Business Bureau to make sure that the coin dealer has a good reputation and stick to the Certified Gold Coins, especially if you are new to investing in gold coins. If you do decide to purchase Certified Gold Coins from another source (such as online auctions) in order to try to get a better deal, make sure to do your research to see what these coins are selling for from regular coin dealers. You don't want to end up paying more for these coins than they are worth, so you need to do your research before you make a purchase. There are a number of different types of Certified Gold Coins that you can choose from, and it is up to you whether you want to stick to one type of coin (such as the Canadian Maple Leaf or the American Buffalo Head Gold Coin) or if you would like to buy a variety of different coins. Of course it is more fun to buy different types of coins, but keep in mind that some are easier to resell than others.
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