GOLD WEALTH MANAGEMENT PRECIOUS METALS BUYING GUIDE

Benefits of Purchasing Graded and Certified Coins

First and foremost, having your coin physically inspected under magnification, graded and slabbed, which involves encapsulating it in a hard acrylic plastic holder, helps to remove any doubt regarding the authenticity of your coin. Secondly, having your coin certified removes any doubt as to the coin’s condition. Lastly, having a coin certified will remove any doubt as to if the coin has been altered or cleaned. Altered or cleaned coins are worth considerably less than coins that are in their original unaltered state. NEVER CLEAN COINS. As you get into the higher mint state coins the intrinsic value or “rarity” value can be worth more than the precious metals value. The reason why is because there are far fewer of them available. MS 65 and higher grade coins are investment grade coins. If held for 5 years or more these coins have the potential to outperform circulated and lower grade coins. Investors who intend to hold their coins longer and are looking for additional growth opportunity tend to purchase higher grade coins.

PROOF COINS (PR)

Proof coinage refers to special early samples of a coin issue, historically made for checking the dies and for archival purposes, but nowadays often struck in greater numbers specially for coin collectors (numismatics) Nearly all countries have issued proof coinage. Preparation of a proof striking usually involved polishing of the dies. They can usually be distinguished from normal circulation coins by their sharper rims and design, as well as much smoother “fields” – the blank areas not part of the coin’s design. The dies for making modern proof coins are often treated with chemicals to make certain parts of the design take on a frosted appearance, with the polished fields taking on a mirror finish.

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