Gold Proof Coins Vs Bullion

A certified coin with a proof finish goes through a special minting process and is struck multiple times giving it a richer level of design detail and an eye catching mirror like finish.

Gold proof coins vs bullion.

The same thinking has it that round bits of gold coins are not really gold bullion. American bullion and its agents are not registered or licensed by any government agencies and are not financial. Many certified gold coins are proof coins which have a markedly different appearance than gold bullion coins. Bullion coins are struck only once meaning that the coin s design is pressed into the front and back of the coin once as opposed to multiple times like proof coins.

Ngc and pcgs rely on what is known as the sheldon scale when grading precious metal pieces. Proof coins often command a higher premium to purchase and are popular with coin collectors. While both bullion and proof coins can receive grades that in turn indicate respective quality levels grading for proof coins helps bolster the value of proof coins whereas with bullion the value is derived from market factors and commodities prices. Proof coins vs bullion coins.

Numismatic coins a common question from novice investors of gold and silver is what in the heck is the difference between a bullion and a numismatic coin. You could say the finish is satin or just slightly frosted. For instance in 2009 american eagle proof coins were trading at three times the spot price of gold. Bullion coins have a basic finish that is neither incredibly matte nor incredibly shiny.

Basically this is a misunderstanding of what gold bullion is. Today american eagle proofs are around 1 3 times the gold spot price but the potential for them to once again trade at three times the rate of spot or even higher is likely. Proof coins tend to be limited mintage and usually come with a box and certificate depending on coin and mint. The proof finish therefore is the pinnacle of coin minting and helps to display the mastery of the strike.

Unfortunately unscrupulous precious metals dealers may exploit this ignorance to steer customers in the wrong direction forcing them to spend more money for lower quantity. The common perception is that rectangular bits of gold bars are the most cost effective and perhaps the only available form of gold bullion. Purchasing precious metals in bullion bars coins proof coins and numismatic coins involves a degree of risk that should be carefully evaluated prior to investing any funds in a gold ira or making a cash purchase.