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To benefit from the advantages that rare gold coins hold over gold bullion, it is usually necessary to work with rare coin dealers. It is best if this company deals in certified rare gold coins. American gold bullion such as American Eagle gold bullion coins are easy to obtain and guaranteed by the US Mint to contain the stated amount of gold. Rare gold coins are more valuable because each is different and hard to find.

All American gold coins are somewhat rare because of the confiscation of gold in 1933 and the melting down of many gold coins in the early 19th century. Some gold coins are exceptionally rare and hard to obtain. This is especially true of better preserved gold coins. The price of rare gold coins in excellent condition reflects this scarcity.

Rare coin dealers, in many ways, make the market for certified rare gold coins. Ever since certification of rare gold coins began a generation ago, investors can be assured of the authenticity of a coin, how rare it is, and its precise condition; however, knowing all this about a coin does not mean that the owner will sell at a given price.

Rare coin dealers with connections throughout the industry can help an investor find certified coins that are available and priced right. In dealing with rare coin dealers, it is wise to look for a long term relationship. Developing trust in rare coin dealers comes with experience.

If an investor has not dealt with rare coin dealer previously, a good source of information is a Better Business Bureau report. Reputable dealers such as rare-coin.org have spotless records going back for years. Investing in gold is investing in the future; it is wise to deal with a rare coin dealer that is trustworthy, reputable and recognized by the BBB. 

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Shawn Penny

Senior Staff Writer - Rare-Coin.org

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