Household investors are far more likely to benefit from a precious metal rate that is offered by a reputable large-volume exchange, so they are encouraged to avoid dealing with local gold dealers for their bullion, and rare coin needs. The over marked retail prices that local gold dealers typically charge, are “shiny bait” for gold bugs who fail to evaluate their finances, or to evaluate their bullion, and rare coin diversification needs.
Bullion bars and coins are generally used as short-term profit vehicles, as precious metal IRA contributions, or as diversifications for rare coins like Double Eagles, which are $20 Lady Liberty, and $20 Saint Gaudens, 22-karat, rare gold coins. Rare coins like Double Eagles are used to protect wealth throughout long-term episodes of economic indecision, malfunction and panic. They contain almost a full troy-ounce of pure gold, but it’s their numismatic value that “steal the show” in making them coveted long-term, safe haven assets.
Investors pay a fairly high precious metal rate for Double Eagles’ proven ability to protect wealth, so wise investors are certifying their numismatic value with official “mint state grades”. The highest possible grade that a rare coin can receive is a 70, but investment-quality rare coins like $20 Double Eagles, $10 Eagles, $5 Half-Eagles, and $2.5 Eagles, carry mint state grades that range between 61, and 66.
Popular bullion diversifications for Double Eagle coinage are 22-karat American Eagles, which contain a full troy-ounce of pure gold, and whose prices hover slightly above the current gold spot price. Investors are encouraged to complete their research, and then to contact one of our friendly specialists, who offer institutional discounts on bullion and rare coin to household investors like you.