In April, the U.S. Mint revealed plans to strike in early 2006 new .9999 bullion coins to go after the growing world market for .9999 fine (24-karat) gold coins. Studies show that pure gold coins claim 60% of the world’s gold bullion coin market, which is some $2.4 billion annually. The Royal Canadian Mint’s Maple Leafs hold the number one spot for pure gold coins. However, problems with Maple Leafs have surfaced.
One easy mistake many beginners make is buying Coins from questionable locations, or buying specifically minted collectable coins. Often these coins are sold for more than double their value. Unless you’re specifically collecting these types of Buy Madden 20 Coins, it is best to avoid them. Coins you see on TV, advertised through magazines or sold by companies like Franklin Mint or National Collector’s Mint are all marked up to ridiculous prices.
A gold coin priced at more than 10% over melt, and all silver coins over $500, should be PCGS, NGC, ICG or ANACS certified. I’ve gotten what I thought were MS 65 or better silver Cheap Madden Coins and sent them in for certification and the greatest majority of them came back “AU Details”.
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There are some collectors who prefer silver coins over gold, but most enthusiasts make sure that they have both. These Madden coins can be availed from different resources that include online stores, coin dealers and at auctions.
Condition: Coin collectors call this ‘grade’ and it makes a lot of difference to the price. A coin in a condition near to when it was first minted is always the target for coin collectors. Heavily worn coins are usually worthless unless very rare.
Surely, many are enticed to collect gold coins. The things mentioned above are just some helpful tips to help you narrow down your choices. Coin collecting is fun so enjoy every piece!