Written by Kevin Robbins, Gold Solutions
Gold coins are so hot they are on
fire! It seems everyone is looking for a
gold coin investment and for good reason, the economy does not look like it is
going to get better and gold coins go up when the economy is struggling.
By
no means am I suggesting that it is a bad time to sell these gold coins however. The decision has to lie in if you feel that
gold is going to go up. Because the
investor market knows before the general public of the shift in prices, I never
suggest any in-experienced or even experienced commodity trader guess the
top. I like to jump out of them when
they seem to be in the top 15% of where they will topple.
When
they are graded they should be in an enclosed clear sealed plastic case. The certification paperwork is critical and
also the company that graded the coins should be one of two qualified
companies. The first company is NGC, the
Numismatic Guaranty Corporation. They
can be found at this link. http://www.ngccoin.com/coingrading/ngc-coin-grading-process.aspx
The
next company that is valued and respected in the industry is PCGS, The
Professional Coin Grading Service. They
can be found at http://www.pcgs.com .
When
sending these coins to be graded it is imperative to get insurance for the
approximate value of your gold coin
or coins. Over insuring can never hurt
more than a little money and better safe than sorry.
When
you receive the coins back they will be graded from 1 to 70 and the pricing is
according to this link: http://www.ngccoin.com/services/services.aspx. There is a tremendous amount of information
on this site for the curious investor.
When
getting an evaluation it is very important to note that the value system is not
linear and as an example, a rating of a MS 64 gold coin may be worth $2,500.00 and if the same coin was graded as
an MS 65 it could be worth $250,000.00.
For this reason, you want your coins graded and done by these two
companies only. We only recognize these
companies as viable and so do almost every other coins dealer.
No comments:
Post a Comment