Rare PCGS Coins have one of the world’s greatest track records for profit, yet there are two sides to every coin. Discovering what to AVOID with PCGS coins will be time well spent.
- PCGS coins can be counterfeited, so choosing your supplier is the most important decision to make before investing your hard-earned money. Be sure your supplier has detection tools like non-magnetic verification equipment, ultrasound and X-ray testing machines that have a ±1% accuracy rating.
- Modern-day coins like the American Gold Eagle or Buffalo are not rare or scarce, yet modern marketers are having these coins graded. There is nothing special about an MS 70 Eagle or Buffalo, and when you liquidate such coins the market will not offer the premium you paid above spot.
- Are you an investor needing income? PCGS coins are long-term investments without the ability to produce income and are not suitable for investors needing to generate cash flow.
- PCGS coins always have a higher buy/sell spread (cost) than bullion and are only suitable for investors holding longer-term, at least 24 through 48 months.
- Rarities are an entirely different market than common-date, widely-traded PCGS coins. Investors without sufficient experience should avoid buying coins that are not widely traded, as premiums may be excessive.
- Conservative radio personalities cost investors hundreds of millions per year on overpriced PCGS coins. If a potential gold dealer brags that someone named Rush or Glenn endorses them, hang up, call us at once and expect to save $2,000 for every $10,000 you plan to invest.
- All PCGS coins are not created equal. Line up 100 MS 63 Liberty Coins and you will see that they are not all identical. PCGS coin grading is a range and about 80 percent of the coins will be closer to a 62 grade and about 20 percent will be closer to a 64 grade. In the industry this is known as “sight-unseen” and “sight-seen”. These terms may be deceiving because all the coins have been looked at, but what this term means is that the coins closer to the higher grade (64 in this example) are known as sight-seen and the coins closer to the lower grade (62 in this example) are known as sight-unseen.
- Never buy coins from a live online platform. These coins are almost always the less-than-favorable sight-unseen coins, so what may seem like a discount on the purchase could cost you big-time on the back end because coins cataloged as sight-unseen generally have a much lower buy-back price. This is why most online platforms have tons of BBB complaints under the Product Satisfaction category. Check for yourself at BBB.org or RipOffReport.com.
There are always Pros and Cons with every investment, and this is why the Certified Gold Exchange’s team of PCGS coin advisers are in such high demand. We don’t tell you what you want to hear, rather we inform you of what you need to know for success with PCGS coins. See for yourself the difference transparency makes by calling 1-800-300-0715 now to speak with one of our PCGS coin advisers.