coins
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U.S. Mint Coin Sales – American Gold Eagle Proof Coins Debut
(Read More)On Thursday, March 17, the United States Mint began offering the Proof versions of the 2016 American Gold Eagle product range...
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What is the Best Gold Product To Buy?
(Read More)Selecting the right gold product is very easy. That decision is primarily based on two factors:
- Timeframe
- Purpose for investing
Timeframes and investment criteria can vary from one individual to another. Ask yourself the following questions to determine which option gives you the most ‘YES’ answers. Then, scroll down to view the gold product recommendations for that option.
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Where do I Store My Coins & Bullion?
(Read More)I strongly recommend storing your coins in one of the two places outlined below. NEVER let a dealer store your coins. It is crucial for you to hold on to your own coins and not leave them in the hands of any third-party. Whether you keep your bullion and/or coins in a bank safe deposit box or a home safe, always keep an ongoing and updated inventory of all coins for your protection.
Safe Deposit Box at Your Bank
If you secure your coins in a bank safe deposit box, remember these things:
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Understanding the Point Grading Scale
(Read More)The table below shows each of the point scores on the modern Point Grading Scale along with their corresponding descriptive categories and abbreviations, and is followed by a list of detailed category explanations and defining characteristics.
Note: The Difference between Mint State and Proof Grades
The term “Mint State” is a grader’s designation for a regular Business Strike coin that has never been circulated: e.g. one in the same approximate condition as when it was first produced. A Mint State (MS) coin is graded between 60 (with marks) and 70 (flawless/gem-like)—the highest grade a Business Strike coin can achieve.
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How Modern Coins are Made
(Read More)The earliest known examples of coins date back to 7th century Turkey. They were irregular in shape, stamped on one side, and made from a gold-silver mix, known as electrum. The Greeks refined the minting process, and later the Chinese, who were the first to use non-precious metals in their coins—a practice that soon spread to the West and became common among developed countries. Coin manufacturing techniques continued to evolve throughout Western cultures up through the industrial revolution and the invention of high-powered presses. Since then, with the exception of computer advancements, the coin making process has remained relatively unchanged.
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What is Coin Grading?
(Read More)When it comes to purchasing a product, one of the most important factors in evaluating fair price is a sure sense of a product’s condition. When buying a used car, for example, it is smart to have a trusted mechanic first check under the hood. You want to establish a proven set of criteria to be sure you are making a good investment. The same is true with coins.