Gold coin prices are most immediately determinate on a given coin’s status as either bullion, or rare gold coin, with rare gold coins commanding exceptionally high premiums, and bullion coins carrying prices that are slightly higher than the current gold spot price. Modern bullion coins contain exactly one troy-ounce of pure gold, which makes them ideal for tracking the current gold spot price, and their absence of numismatic value also makes them commonly used potential profit vehicles.

Government-approved bullion coins can also be used as long-term, gold-backed IRA contributions, which include 22-karat American Eagles, along with various 24-karat bullion coinages. Even though 22, and 24-karat bullion coins are of differing purities, they still both contain a full troy-ounce of pure gold, with 24-karat bullion coins naturally commanding slightly higher premiums.

Rare gold coins command considerably higher premiums than their numismatically devoid counterparts, and wise investors officially certify their long-term rare coin holdings with official “mint state grades”. Since gold traders refer to these grades at liquidation time, it is wise to only use either the PCGS (Professional Coin Grading Service), or the NGC (Numismatic Guaranty Corporation), for rare coin numismatic certification, since gold traders hold these two rare coin-assaying companies in the highest regard.

Investors who have completed their research, can avoid paying exploitive retail prices for their bullion, and rare gold coin by contacting one of our friendly specialists, who offer institutional discounts on these items to household investors like you.

Shawn Cunningham

Novice precious metals investors are initially drawn to bullion prices, because their relative affordability (compared to rare coin prices) still allows for a great amount of wealth to be stored in a small, safe place. Since bullion has no numismatic value, which distinguishes itself with rare coins, its’ prices generally tend to hover a little bit above the current gold spot price, which is the cost of one troy ounce of pure gold.

The cat is out of the bag for anyone who’s been paying attention about the gold market. Demand for gold is at an unprecedented high, with bullion prices climbing hand in hand with the spot price, and bullish projections are living up to their hype. Projections and hype are two things that could cloud an investors’ judgment, so they are advised to instead monitor economic trends, and leave the “spitballing and conjecture” to the so-called economic experts, who were touting miraculous economic recovery only three short weeks ago.

As mentioned, investors should concentrate on how to maximize their gains from repeated record-high bullion prices. Many bullion buyers are adapting their investment philosophies to harmonize with an otherwise hostile economic environment, by converting the majority of their wealth into rare coins, for long-term economic stability in the face of our upcoming economic hardship. The numismatic value that rare coins possess generally tends to appreciate over time, so investors are purchasing rare coins like Double Eagles, which are $20 Lady Liberty and $20 Saint Gaudens, 22-karat rare coins. Investors can avoid paying outlandish retail prices for their Double Eagle and bullion coins by contacting one of our friendly specialists, who offer institutional discounts to household investors like you.

Shawn Cunningham