Gold Coins and Their Certification

These days, people are looking for some form of stability in uncertain economic times. For centuries, gold has been the sale asset that retains its value in troubling times. If you are looking for certified gold coins New York NY, the following information may be helpful. 

Gold Coins and Gold Bullion Coins

When purchasing gold coins, you have several choices. You can buy U.S. or foreign gold coins that were once used as currency. Alternatively, you can obtain gold bullion coins, which were stuck for their bullion value and not for business circulation. Both can be good investments.

Gold coins formerly used as currency in the U.S. include the $10 gold eagle, the $20 double eagle, the $5 half eagle, and the $2.50 quarter eagle. Other countries have, in the past, minted gold coins for business circulation as well. No U.S. gold coins were struck for business circulation after 1933.

When it comes to gold bullion coins, there are a number of possibilities, including:

• American Gold Eagle 1-ounce coin

• American Buffalo 1-ounce coin

• Canadian Gold Maple Leaf 1-ounce coin

• South African Krugerrand 1-ounce coin

• Austrian Philharmonic 1-ounce gold coin.

Many of these bullion gold coins are also available in 1/2-ounce and 1/4-ounce sizes.

What is Meant by Certification?

Coins are certified by independent numismatic assessing agencies that are experts in grading the quality of coins as well as in spotting counterfeits and forgeries. When a coin is certified, you can be assured that you are getting a real, not fake, coin and that the coin has been graded by one or more experts. When it comes time to sell, graded coins fetch a higher price.

Sharks swim in many places, and there are sharks aplenty in the coin buying and selling business. That's why savvy gold coin buyers choose certified coins for their purchases.