This web-blogger will immediately end any suspense attached to the question, “Are all gold coins rare coins?” The answer is a definitive no. It’s true that all real gold coins are generally costly, but a gold coins must hold a strictly regarded criteria for classifying as a rare gold coin. The IRS (Internal Revenue Service) states that for a gold coin to be considered to be rare (and therefore, non-confiscatable), the value of the coin must be worth at least fifteen-percent more than the value of the precious metal content of that coin.

For example; if the spot price of gold were $1000 per troy ounce, a non-modern, one-ounce coin, must have an overall worth of at least $1,150, to be considered a rare gold coin. Many of today’s trend savvy investors are converting the bulk of their wealth into rare coins, and officially certifying their numismatic rarities through either the PCGS (Professional Coin Grading Service), or the NGC (Numismatic Guaranty Corporation).

Rare gold coin generally tends to appreciate more dramatically than bullion bars and coins over long periods of time, making them widely considered to be among the best long-term investments for financial stability. Since it is wise to hold onto these coins for prolonged periods, it is also wise to diversify with bullion, since bullion prices adhere to the current gold spot price, and bullion is less complicated to liquidate in small amounts if liquidity is needed.

Individuals who are considering a long-term rare coin purchase, or who seek answers to precious metal investment questions are encouraged to contact one of our friendly specialists today.

Shawn Penny