What Are Proof Gold Coins ~ The Gold Blog


What Are Proof Gold Coins

Proof gold coins are gold coins that are manufactured using a special process. This process usually involves the coin being double struck with specially treated dies. This gives the gold coin more detail and sometimes a mirror like finish. Proof coins are usually considered to be collectibles and are often rarer than its generic counterpart. Proof gold coins because of the process it takes to manufacture them, are more expensive than its generic counterpart.

Some gold bullion coins that also have proof coin versions are The American Buffalo, The American Gold Eagle, The Canadian Maple Leaf and The South African Krugerrand. The proofs to these versions are made in limited quantities compared to the bullion versions. As mention above the proof versions sell for a higher mark up compared to the generic bullion versions. Investors that invest in proof gold coins are usually coin collectors whose main reason for buying them is for the beauty and numismatic value.

Proof gold coins because of its collectible status can often be sold in proof sets. Proof sets usually consist of a book like case that displays the different sizes of gold coins. Proof sets also usually come with a certificate of authenticity. The certificate of authenticity will usually have information like the name of the coins and where they were struck. Some proof coins like The China Panda Gold Coin will come in a single plastic case if each coin is purchase separately. Proof gold coins because of its beauty and rarity are one of the best coins for a collector to have.

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What Are Proof Gold Coins ~ The Gold Blog