Daily Rare Coin Update
June 25, 2009 – Several investment-grade PCGS certified gold coins are extending their gains today as many investors continue flocking into the gold market with hopes of preserving themselves during the worst financial crisis since the Great Depression. The Professional Coin Grading Service is one of the world’s leading numismatic certification agencies, and their PCGS certified gold coins have become a favorite to many wise American investors seeking a useful long-term wealth preservation tool. As you may already know, there are thousands of different types of PCGS certified gold coins, yet only a few coins in a few Mint State Gradings are recommended for investment usage. Typically, investors stick with the $20 Saint Gaudens and the $20 Lady Liberties within the Mint State Gradings of MS-61 and MS-66. These coins have proven the most stable long-term wealth preservation and profit potential when compared to other rare coins and modern-day bullion coins like the American Eagles. It is always recommended that a new investor work hand-in-hand with a rare coin expert because as you can see, there are many different variables in this market that can affect the price that you pay when it comes time to make your investment decision.
By around 5:40 PM Eastern Standard Time, gold is increasing in value, thus causing minor increases with investment grade PCGS certified gold coins. The current gold spot price sits at $931.10 per ounce, an increase of $5.30 for the day, while the current silver spot price sits at $13.85 per ounce, an increase of four cents for the day.
Shawn Penny
Senior Staff Writer - Rare-Coin.org
