What we do
Many investors today are interested in how staking out positions in gold and other precious metals might provide them with more security and peace of mind. One particularly popular and common way to invest in Gold Bullion is to buy and hold American Eagle coins minted from that material.
An issue that many investors run into right away is the question as to whether to buy mint-certified coins or others that have not been graded. This tends to be a fairly easy question to answer for those who understand the implications of each choice.
The Right Choice is Easy Enough to Make
As might be expected, Gold American Eagles whose condition has been certified tend to cost more than others. Issues including the following can impact whether this premium might be worth paying for a particular investor:
Insurance. If coins are to be covered by insurance, buying mint-certified American Gold Eagles will often make things a good deal easier. Because the secondary value of a coin will almost always vary depending upon its particular condition, having this factor pinned down by a respected form of certification will put insurers at ease.
Preservation. Coins that have been certified as being in mint condition will normally be provided in tamper proof packages that protect them from any possible sources of damage. As long as these measures are not defeated, the coins can normally be expected to remain pristine for many years. Investors who wish to emphasize the collectible value of certain American Gold Eagle Coins will therefore almost always want to buy certified specimens.
Security. Paying extra for certification also typically enables security of other kinds. Most certified coins, for instance, will be accompanied by unique serial numbers or bar codes that identify them individually. This can add another layer of confidence and peace of mind to a related transaction.
A Sound Investment in Many Cases
For those investors for whom these issues will not be as important, uncertified coins often end up being more attractive. While it might seem as if this could imply a relatively limited audience for such coins, that is not the case at all.
In fact, investors ranging from those putting together retirement portfolios for the long term to those who trade actively regularly find that uncertified coins suit their needs perfectly. Recognizing the nature and relative importance of those needs is normally all that it takes to resolve this basic question successfully and in the most suitable possible way.
This project was last updated 4 days ago