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Value Gold Coins – Do You Have High Value Gold Coins?

Value Gold Coins – Do you have high value gold coins?

November 22, 2009

How do you determine if you have high value gold coins?

There are four things to consider: Scarcity, condition, quality and likability.

If you’re an investor, then there’s another aspect you’ll find important as well: cost!

In a perfect world, the cost of a coin would be directly related to the other four criteria. However, there are many coin dealers who demand higher prices than the value of the gold coins they sell.

1. Scarcity of high value gold coins

The most rare coins are usually the most valuable. If you’re an investor, these are the coins you want to focus on because of their high ROI.

A coin’s scarcity is determined by the quantity of the original minted set of gold coins as well as how many coins are still in circulation.

Generally, both investors and collectors should depend on something called a certified population, which is totaled by the Numismatic Guarantee Corporation (NGC), as well as the Professional Coin Grading Service (PCGS). These two organizations are well-respected in the coin collecting industry, especially high value gold coins.

If there are a lot of a given coin still in circulation, such as some types of silver dollars, are usually less valuable than rarer coins. They are inferior investments. If you’re looking for a good investment, consider going with gold and silver coins with a smaller circulating population.

99% of the time, these top value gold coins will act as a better investment than your standard bullion coins. Coins like the American Platinum/Gold/Silver Eagles are popular ways to diversify your investment portfolio with precious metals.

Modern bullion coins, on the other hand, are mass produced and barely rise in value as the traditional U.S. gold coins.

2. Condition of high value gold coins

Do you value gold coins? Aside from the scarcity of coins impacting their value, another factor which has a considerable effect is how much wear and tear it exhibits from passing through the hands and pockets of potentially huge numbers of people. If a coin is not circulated, however, then it’s judged on how close it resembles the “perfect” condition when analyzed.

Coin sets that are in a “proof” are limited in nature, made with special tools, created specially to sell to collectors.

3. Quality is important for the best value gold coins

If scarcity and the condition of a coin were the only ways of determining its value, then there would be many more valuable coins on the market than there are today! Another important criterion for judging the value of a coin is its quality, especially when deciding how much to buy or sell a coin for. However, it is also the hardest to set a monetary value on.

Coins, like people or anything else, are not all created equal. Some coins are considered to be more attractive than others, and when the public makes its preference known, these designs have a visible impact on the value of the coins they’re printed on.

However, when we’re talking the quality of a coin, we’re talking about technical aspects of coin creation, such as: minting, execution, survival condition, and the aesthetic appeal that makes it more or less valuable than identical coins with the same design/condition.

It goes without saying that coins that stand out with regards to appearance (luster, symmetry, shading, etc) are of a higher “quality” and therefore higher value than coins which are less attractive.

Additionally, its been known to occur that some value gold coins will score high on their rating than others, despite the fact that on paper, they bear no difference. The discrepancy is the fault of tiny differences between the coins, visible only to the expert eye. This is an important issue when determining the quality, and ultimately value, of a coin.

In plain English, a higher quality coin will sell faster and be more demanded than lower quality ones. Its for this reason that quality is an important, although subjective, measurement in determining which of the best value gold coins to invest in.

Nine times out of ten, someone interested in investing in gold coins should buy the highest grade possible.

The one exception to this is if you know a bit more about coin collecting, you can (and should) choose to search for the rare dates of a set of coins. These coins are known to be unbelievably valuable in “perfect” condition, and equally as rare. With this, you really need to know what to look for otherwise you’ll end up getting ripped off by a shady dealer.

4. Popularity – its just like being back in high school for these top value gold coins

Finally, the fourth element to determining coin value is popularity. Just like in high school, certain coins are more well liked than others. For instance, the American Gold Eagle is a collector’s favorite and this is reflected in the coin’s value.

On the other hand, there are some considerably rare coins which score high on appearance but low on popular demand, ultimately lowering their value.

If you’re looking to maximize your ROI when investing in gold coins, your best bet is to invest your money into US coins which are highly traded, in high demand and extermely popular.

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