November 4, 2009
Posted by Adam King on November 04, 2009
November 4, 2009 – The Professional Coin Grading Service (PCGS) and the Numismatic Guaranty Corporation (NGC) examine, grade, and encapsulate historic and exotic coins from around the world. PCGS and NGC numismatists place Mint State (MS) condition coins in a hermetically sealed plastic container. This container clearly displays the coin, as well as the coin’s personal serial number and grade assignment. PCGS and NGC maintain lists of their graded rarities at www.PCGS.com and www.NGCCoin.com, respectively.
As evident on their websites, PCGS and NGC have accepted the responsibility of grading innumerable types of coins, but all of these coins are not “investment-grade.” The best certified gold investments meet a few guidelines that gold investors have followed since the certified coin market first came into existence in 1986.
The best certified gold investments are commonly traded and widely known. By investing in pieces that fit this description, liquidity will never be an issue if and when you decide to sell. Obscure coins usually carry exorbitant premiums, and it sometimes requires years to find a suitable bid when you want to liquidate.
Mint State coins range from MS61-MS70, but investors usually buy pre-1933, US-minted coins in the MS61-MS66 range. All Mint State versions of these coins are deemed non-confiscatable if our government again decides to seize gold bullion, as it did in 1933. Excessive premiums, thin markets, and awkward price fluctuations steer most investors away from MS67-MS70 coins, while collectors, historians, and numismatists focus more on those obscure rarities. Investors should also be cautious about modern-day, certified gold investments. Post-1986, MS69 and MS70 Gold Eagles are nothing more than gold bullion in a $30 box, so don’t let over-aggressive marketers tell you differently.
By staying within these parameters when investing in certified gold coins, you can join the mass of investors who have secured their portfolios, and profited, with the best certified gold investments. Visit www.Gold-Investment.info for an educational gold investment tutorial, or contact the Certified Gold Exchange directly to get started.
Stewart Lawson
Senior Staff Writer – Certified Gold Exchange
Categories:
US Gold Market