Certified American Gold Coins
Posted by Adam King on December 02, 2009
December 2, 2009 – When you decide to buy certified American gold coins, take a few vital steps before forwarding your funds to any brokerage. Take some time to determine what you want your gold coins to accomplish for your portfolio before you decide which certified American gold coins to buy. Work with an expert in the field who can effectively explain the pros and cons of various certified coins. Investors buy American gold coins look for different reasons, so conduct a preliminary evaluation of your own goals before investing.
The Professional Coin Grading Service (PCGS) and the Numismatic Guaranty Corporation (NGC) examine historic American coins, and some of these coins have been certified as being in Uncirculated Mint State (MS) condition. MS61 coins are the lowest grade that investors prefer, and MS61 coins carry a lower premium than their higher grade. Investors purchase coins from MS61-MS66, because these coins have shown a historical tendency to track the roving gold spot price.
Certified American bullion coins are more of a marketing ploy than a wise investment vehicle, because most of the modern-day coins from the US Mint are in perfect or near-perfect condition. If you buy the raw bullion coins and have them certified yourself, it is highly likely that your coins could grade MS69 or MS70. By investing in certified American gold coins that were minted prior to 1933, you possess a completely private investment that has tremendous upside potential.
The $20 Saint Gaudens and the $20 Lady Liberty have outperformed gold bullion investments for 14 consecutive months, and the privacy of these certified coins is their crucial benefit.If you are prepared to enter the gold coin market or if you would like more information about the different certified American gold coins, call us at 800-300-0715 to learn the best way to place these coins in your portfolio.
Stewart Lawson
Senior Staff Writer – Certified Gold Exchange
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US Gold Market