Things To Remember When Selling Gold Coins

Challenge coins are small pieces of medallion that has some group monogram, logo, slogan engraved to it. It is a prestigious belonging for any person. Generally military people are the extensive users of this emblem. For them it works as a group identity as well. There are certain codes of conducts that apply to these coins.

NASA has a complex it runs in Huntsville. Makes sense. They use rockets too. Redstone Arsenal for the United States Army, is there as well. So what does this all have to do with the BRAC custom challenge coins You may be repeating.

If you want to collect challenge coins, it’s best to show them off in a display case. Many people who collect challenge coins from different military challenge coins or other service-related organizations will hold them on for years and years. They will then pass them on to the next generations in their family. The youngest members in their family can learn about the pride and history of these service organizations.

Compare the prices given by various merchants in order to find the best price on gold coins. Likewise, do some background check on the merchants selling the coins. Make sure that you are buying gold coins from a legitimate seller. The US Mint has a list of its authorized coin and precious metal dealers, but these are rarely the most cost effective dealers, so it really pays to shop around much more than this. Also, whatever you do, don’t buy directly through the US Mint. They charge an arm and a leg when consumers buy directly through them. Don’t ask me why, I don’t know. But do save your money by doing your homework. There are also banks that sell gold coins but again, you will almost never get a good deal buying gold from a bank.

If you have the choice between a graded and a non-graded specimen, go with the graded one, as long as it’s done by one of the four companies listed above, with preference given to PCGS and NGC. Don’t buy challenge coins custom graded by other grading companies. They are almost always over-graded.

Today, you can enjoy owning a one-ounce, 32.6mm Krugerrand, the first gold coin struck in 91.7 percent pure gold. On one side is the magnificent Springbok, a symbol of South Africa. On the other side is Paul Kruger, four-term president of the former South African Republic. A maximum of 10 Krugerrands can be ordered currently.

The Gold Eagle is on hand in several denominations. One can choose from the 1/10 oz, 1/4 oz, 1/2 oz, and 1 oz denominations The United States government guarantees the weight, purity and content of these coins. Having that said, investors and collectors alike can buy these coins with confidence. Moreover, these coins are convenient to trade for fast cash.

Surely, many are enticed to collect gold coins. The things mentioned above are just some helpful tips to help you narrow down your choices. Coin collecting is fun so enjoy every piece!