Professional Coin Grading Service


We are going to write a series of blogs pertaining to one of the worlds rare coin grading organizations, PCGS (Professional Coin Grading Service). In the early 1900s, coin collecting started to gain popularity and the condition of a coin, along with its rarity, essentially determined its value as it is today. Over the years, coin grading has evolved to a system of finer and finer grade distinctions, but in that lied the problem. Coin grading was the often subjective assignment by many different coin dealers. Not every dealer saw every coin the same. When the rare coin market was limited to … [Read more...]

The Oldest Gold Coin In The World

oldest gold coin

Even though you can never own this coin, it is no less interesting. The heritage of ancient coins is a subject that intrigues and delights collectors, investors and scholars the world over. The oldest coin available today was discovered in Efesos, an ancient Hellenic city and prosperous trading center on the coast of Asia Minor. The 1/6 stater, pictured below, is more than 2,700 years old, making it one of the very earliest coins. Made from electrum, a natural occuring alloy of gold and silver, the coin originated in the area of Lydia. It had a lion head design on one side only, a result of … [Read more...]

Rarest Gold Coins In The World

rarest gold coins

Finding an exact list of the rarest gold coins in the world may not exist but you can find listings for some of the rarest gold coins that have ever been sold. Most of us will never seen one of these rare gems let alone own one but for some of the wealthiest people in the world it is a reality. Despite the fact that one has to be ridiculously wealthy to be able to purchase one of these rare gold coins, that hasn’t stopped collectors, investors and coin aficionados from appreciating them for not just their value, but most often for their beauty and rarity. The majority of rare gold coins … [Read more...]

The Most Vauable Coin In The World


The 1933 Gold Double Eagle Was Never Issued: Officially! The Saint-Gaudens Gold Double Eagle coin had been issued from 1907 until 1932.  445,500 Double Eagles had been minted with the date 1933, but none were ever officially released into circulation because of changes made to currency laws during the Great Depression, when President Franklin Roosevelt took America off the gold standard. Not only were no more gold coins to be issued for circulation, people had to turn in the ones they owned. It actually became illegal for private citizens to own gold coins, unless they clearly had a … [Read more...]

A Guide To Acquiring Silver and Gold Numismatic Coins

gold silver coins

Collecting silver and gold numismatic coins has become more and more popular over the past few decades. Numismatic coins trade at higher values than just the weight of their metal. The rarity, condition, and age of the coin can factor into the market value as well. They are different from silver or gold bullion which are minted solely for metal value and have never been used as legal currency. Numismatic coins are collected as a form of a hobby and also to accumulate wealth, and because of this are afforded certain advantages in the tax codes. You should always consult your tax professional … [Read more...]

Status of the Popular US Mint Gold Coins


The US Mint produced gold coins mainly for the country’s commercial market and trading. The US Mint was established when Congress enacted the 1792 Coinage Act, with its first issue of gold coins in 1795. Specifications of these gold coins change over time with the stock market, interest rates, supply and demand factors influencing their availability and pricing. 1 oz. Buffalo Gold Coins The American Gold Buffalo is one of the US gold coins whose demand exceeds its supply. Its popular 1oz. gold piece is not available from the US Mint with no track of its inventory. The American Gold … [Read more...]

Numismatic Gold Coin Pricing Policies

gold pricing

With the increasing popularity of numismatic coins, the US Treasury took a step forward in setting a new price list for numismatic coins on 12 January 2009. The Deputy Director of the US Mint, Mr. Brunhart, commented the reason for the new pricing. The new pricing of numismatic coins are based on the catalysts of transparency, customer service and agility which allows the Treasury to adjust numismatic gold prices week by week depending on the value of gold. Pricing and policy Previously, the policy regarding numismatic coins was inflexible to buyers and sellers as it was compulsory for … [Read more...]

Price of Numismatic Gold Coins Expected to be Reduced

us mint

A reduced pricing of the numismatic coins by the US Mint is expected sometime at the end of July 2010. A lowered price is linked to the recently lowered gold prices which will affect numismatic gold sales which include the Proof 2010 Gold Buffalo as well as on First Spouse coins with images of Sarah Polk, Jane Pierce, Margaret Taylor and Abigail Fillmore. Brief Introduction on Policies US Mint is now adopting the averaged London Fix as part of its new gold pricing measures. The pricing of the numismatic coins by the United States Mint covers minting, distribution and marketing costs.  … [Read more...]

Numismatic Gold Coins Festival at ANA in Boston

gold boston

The American Numismatic Association or ANA is an organization that promotes the existence and value of numismatic gold coins. It is planning a festival some time in early August, 2010 with tentative dates at August 10-14. This fair will showcase all the world’s numismatic coins that are the best and most renowned, being dubbed as the World’s Money Fair to be located in Boston. Visitors will enjoy a spectacular discovery of coins from over 1,100 dealers as well as 18 international mints. It will certainly be quite an educational exposition to new gold coin investors or collectors besides … [Read more...]

Options on Gold Coins

gold options

Basically, gold coins come in 2 forms: gold bullion and rare gold coins. Gold bullion is coins that investors use strictly for asset preservation purposes while rare gold pieces are numismatic which are of interest to people that want to preserve their assets as well as grow them over time. Gold Bullion Pieces Gold bullion pieces are highly popular and there is a high demand for them as they offer security, safety, convenience, liquidity and possible profit to their investors or owners. The gold bullion coin value is correlated to the gold price. The world’s first gold bullion … [Read more...]