about what you’re buying. If you start out looking for a particular rare American coin and the dealer steers you toward some other coin that looks interesting, but out of your area of expertise, you’re ripe for paying too much for that coin.


Resist the temptation to buy until you know and feel comfortable with what you’re buying. Many brokers or dealers who make the most money are those who talk buyers into buying a coin they don’t know much about. Stick only to what you know. If you’re interested in the coin, go home and study that rare American coin and learn its current market value and availability.

Getting the best price:

The object of investing in American gold coins is to buy numismatic coins at close to bullion prices. You can get fairly close, by choosing lower graded coins from the third party graders, perhaps in the MS60 to MS62 grade range. Check them against raw American Eagle gold, one ounce coins to determine how much premium you are paying.

Remember, this approach is only for buying numismatic coins as your gold bullion. If you’re buying for numismatic value, then buying the best you can afford still applies.

Know your objectives:

If you’re buying American gold coins as an insurance policy for your other investments, you should plan on keeping them a long time before needing to sell them. If you’re buying as speculation or profit, you’ll have to follow the markets closely for determining the best time to sell.

The highest graded numismatic gold coins are often more volatile th

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