November 18, 2009 Posted by James Randolph on November 18, 2009
November 18, 2009 – If you possess or are interested in possessing certified gold coins, it is vital to understand how certified gold prices fluctuate. It is also helpful to know where you can check the values of PCGS and NGC-graded coins. By having a clearer understanding of the certified coin market, you can successfully acquire the security that you seek with certified gold coins. Too often, investors blindly throw their money away instead of securely diversifying their funds, and our recession has proven that the we need to exercise the utmost caution.
Investment-grade certified coins trend in the same direction as gold bullion, but certified coins are free from the minute-by-minute fluctuations of the gold spot price that is listed on the Commodities Exchange (COMEX). Certified rare coins also tend to gain value over time because they are antique (pre-1933) numismatic coins. Even if the gold spot price were to remain flat for some time, certified coins could rise due to their collector value, as they sometimes have historically. It should be noted that certified coins are generally much more expensive than bullion, because investment-grade, certified coins have been deemed to be non-confiscatabale by the US government.
It is very simple to check certified gold prices around the world. The two market-recognized coin grading organizations, NGC (www.NGCCoin.com) and PCGS (www.PCGS.com) list national average retail prices online. However, these indexes are generally updated only about once a month, so live quotes are available by calling the Certified Gold Exchange directly at 800-300-0715, or simply register for a free gold investment tutorial.
Senior Staff Writer – Certified Gold Exchange