PCGS has been in the news a lot recently thanks to the California couple who submitted to PCGS for grading what is now known as the “Saddle Ridge” gold coin hoard, but savvy gold investors have known about the Professional Coin Grading Service for years.
PCGS gold coins, like all forms of physical gold, tend to move in the opposite direction of U.S. currency. If you believe the dollar index could slide further then it may behoove you to invest in gold coins certified by PCGS. Inflation is part one of our government’s two-part wealth redistribution scheme.
Part two of that scheme involves taxation. That’s right, they devalue our dollars on the front end before taxing our income in devalued dollars on the back end. PCGS gold coins are a tax-deferred investment that can keep up with or outpace inflation, meaning you retain more of your wealth than if you just stuffed your money into a bank account or bond. If you don’t make money on the sale of your PCGS gold coins, or if you never sell the coins at all and simply leave them as an inheritance, you needn’t worry about taxation whatsoever.
Gold confiscation is a hotly debated, polarizing topic and opinions about a possible future gold confiscation are as plentiful as are the number of gold coins currently on the market. What’s undeniable is that in the original gold prohibition from 1933 to 1973 coins of recognized collector value were not taken. Not every PCGS coin qualifies as a rarity and a coin does not necessarily need PCGS certification but investment-grade PCGS gold coins are widely believed to offer investors the best chance at ownership of a non-confiscatible type of gold that could also be extremely profitable.
PCGS gold coins are not for everyone, but if you’re considering a long-term (3-10 years or more) physical gold investment and would like to protect your portfolio from government interference then request your complimentary gold coin investing guides below for a crash course in the pros and cons of PCGS gold coins.