Why Buy Certified Gold Posted by James Randolph on January 02, 2010
With all sorts of gold available in the world, why buy certified gold? The point of investing in gold is to avoid the economic disaster of seeing inflation whittle away at one’s life savings. The point of gold purchases is to invest in something that increases in value during these difficult economic times. Why buy certified gold? The reason is to make sure that what one pays for in a gold investment is what one gets.
Prior to certification of gold coins, a person might buy a rare coin believed to be of near-uncirculated quality. After holding the coin for a number of years, the same investor could put the coin up for sale, find a buyer and lose the transaction when the coin is graded as circulated. For an especially rare coin, this difference in grading can mean thousands or even tens of thousand of dollars. Why buy certified coins? The currently used system avoids this sort of personal economic disaster.
Dealing with a reputable professional such as the Certified Gold Exchange is assurance that a rare gold coin is correctly graded and that through the process of certification, its value will always be based upon the same grade it received when purchased. Rare gold coins typically outperform gold bullion over the years. The point of certifying rare gold coins is to make certain of their authenticity, their rarity, and their state of preservation. When investing for the future it makes sense to buy certified gold. It also makes sense to deal with professionals in the field of gold certification
Senior Staff Writer – Certified Gold Exchange