Certified Coin Prices

Certified coin prices depend on three factors: the current gold spot price, the rarity of the coin, and the condition – or grade - of the coin.

Gold Spot Price

The gold spot price, which is the primary indicator of trade on the futures exchange, determines the melt value of certified coins. The futures trade is speculative so the spot price tends to be very volatile. However, due to the other factors, certified coin prices tend to track only long term trends in the spot price.

Grade

The grade of a coin is a measure of its current condition relative to its condition when first struck. Coin grades are grouped into general classes, the highest of which is Mint/Proof State (MS/PR). Within that class are 11 grades, MS/PR-60 to MS/PR-70, the highest grade being reserved for those few coins that are " as struck with full strike. "

MS/PR coins are graded and certified by independent businesses, of which the two most prominent and trusted are the Professional Coin Grading Service (PCGS) and the Numismatic Guaranty Corporation (NGC).

Rarity

Rarity determines demand. There is a finite supply of each certified coin; as grades go higher supplies decrease, driving up demand. The rarity premium placed on the most sought after certified coins can be many times the value of their gold content.

One additional variable contributes to rarity and demand – the number of potential buyers. Today the number of investors in certified coins is increasing dramatically, driving certified coin prices steadily upward.

How to Determine Fair Prices for Certified Coins

There is no scarcity of scammers in this market, making it difficult if not impossible for the layman to determine a fair price for certified coins. Fortunately, the non-commissioned certified gold experts at Certified Gold Exchange are standing by to answer all of your questions and to help you choose the ideal products to diversify and fortify your investment portfolio. Call us today at 1-800-300-0715 or complete the form below for one or all of our award winning guides.