proof gold coins

proof gold coins

Whether and why you should invest in proof gold coins depends on whether you are purely an investor or a collector. Proof coins are different from bullion coins in that the former are valued both for their value of gold and exclusivity while the latter are valued for their content of gold. Although the gold quality and other quality aspects are almost the same in both, proof coins of gold are produced in limited numbers. The proof coins are produced in the United States Mint and the purity of gold is guaranteed by the United States Government. Also the coins are authorized by the American Congress.

There are proof gold coins sets from way back in time and are highly valued for their antiquity. One of the most favourite and sought after coin is the historic American Gold Eagle proof coin. It has been highly popular among the collectors, for its beauty and value. The proof coins or sets are manufactured through a different process as compared to the production of the regular bullion gold coins. They have a mirror finish and are splendid by appearance. They are made of 22 karat gold. Not too many coins are available all of the time since they are rare. However, the most important thing about proof gold coins is that they can be purchased directly from the United States Mint. But if you are looking at making some money and purchase and keep for only a temporary period after which you would be selling it away, then you should probably go for a regular bullion coin. But a proof coin has the aesthetic value and the rarity factor that would only matter (at least, monetarily), in the long run.

The collectors edition coins, the gold proofs are struck at a higher quality standard. They come in a pre-packaged protective blue velvet case that is satin lined. If and whenever a gold proof set is shipped to you, it comes with a certificate authenticity. As mentioned before, proof gold coins can not be used for the purpose of insurance against inflation and other such things.