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America's Hottest Gold Coin, The 2011 $50 Gold Buffalo
Coins For Sale
The coin market is currently very volatile and prices can change rapidly. While we strive to maintain prices listed online, we suggest you phone or email us for the most current prices.
Coin FAQ's Coin FAQ's

Why collect gold and silver rare coins?
Which coins are better to collect, rare gold or silver?
Why are coin prices going up?
What's the advantage of collecting certified rare or certified bullion coins vs. uncertified/raw coins?
What's the difference in value between certified and raw/uncertified coins?
What are the top grading services and is there a distinct difference in their grading standards?
What's the definition of "key date" and "semi-key date?"
Are untoned coins more desirable than toned coins?

1. Why collect gold and silver rare coins?

Rare coins are collected by more and more people as both a hobby and an investment. It's fun and interesting to collect a permanent part of our history. Just think about who might have owned those coins long, long ago that have become scarce to almost nonexistent today.

Coin collecting was once practiced only by kings and the very wealthy. For this reason, coin collecting is often referred to as the "king of hobbies" as well as the "hobby of kings." Today with millions of people discovering how to collect coins, the coin market is rapidly expanding. As new collectors enter the market with their increasing demands for truly rare coins, the potential for profit obviously increases. And this trend is expected to continue for years to come.

Collectors know how to consider important factors such as mintage, coin availability, and market trends in their buying decisions. It's also important to have a professional like Goldcoast Coins to evaluate and tell you how to profit by selling your coins when the time comes. Goldcoast Coins also shows collectors how to trade in their underperforming gold and silver coins in exchange for coins that stand a good chance of producing profit. We can reposition your collection by turning lesser performing coins into truly rare coins with far greater potential.

Astute collectors of rare coins are aware of the ever present risk in holding only paper assets, such as dollars, stocks, bonds, and mutual funds. They own hard assets, such as gold, silver, and platinum to protect against the uncertainty in the financial markets. They've figured out how to use gold in the form of rare coins to protect their hard earned assets.

For hundreds of years, rare coins have shown themselves to be a real hedge against inflation. They are also a convenient source of real money in periods of disaster.

2. Which coins are better to collect, rare gold or silver?

At Goldcoast Coins, we continue to believe collectors should focus on both gold and silver rare coins. One is not better than the other. Both should do well over a period of years, mainly because of a shrinking supply coupled with a surging demand. However, keep in mind that gold and silver coins will also benefit strongly when the gold and silver prices of these metals move higher. At this time, growing worries and rising demand have fueled the value of an ounce of gold to its highest in 28 years. Silver's spot price per ounce is also rising.

Rising gold prices are being supported by India becoming more prosperous, and of course, Indians love gold. China, too, is getting more middle-class rich, and the Chinese are permitted to own gold as of last year.

It's no wonder then, that a growing number of U.S. collector/investors are planning to include at least a 5% diversification in precious metals and rare coins. In addition, it offers a fine opportunity to add gold and silver coins to their IRA accounts.

3. Why are coin prices going up?

The coin market is undergoing incredible growth because of new collectors, low interest rates, a falling dollar that is heading much lower, and a worrisome stock market. More people are rushing into coins, but the available supply is shrinking, resulting in higher prices.

At Goldcoast Coins, we show our clients how to spot underrated coins before their prices rise substantially. When you notice our prices rising, it is simply because the overall market has moved higher. From every indicator we follow, we continue to believe this upward trend will not only continue, but accelerate.

4. What's the advantage of collecting certified rare or certified bullion coins vs. uncertified/raw coins?

Several benefits favor certified coins. First and most important is the assurance that your coin actually is what the grade on the holder shows it to be. Grading services guarantee authenticity. Certified coins have a premium added to the spot or melt value, and this premium or extra value will expand and grow quicker than the price of bullion. The rarest coins, which were minted before 1933, generally command the highest premiums. Finally, when you wish to sell a certified rare or certified bullion coin, you'll discover it's easier to get the "correct" price that will include the premium.

5. What's the difference in value between certified and raw/uncertified coins?

Certified coins are encapsulated in 2 x 2 inch plastic holders and hermetically sealed. These coins are rigidly held in inert, airtight holders and shielded from corrosive elements. Each coin's assigned grade and coin number is listed in full view, along with a full view of the coin's obverse and reverse. The grade is given by a grading service, such as PCGS, NGC, ICG, and ANACS. Certified coins are easy to buy and sell, either in person or site unseen, because certification is a guarantee of authenticity. Raw/uncertified coins are difficult to assign a standard grade, and they usually sell for less, because of the uncertainty in grading.

6. What are the top grading services and is there a distinct difference in their grading standards?

The top services are PCGS, NGC, ICG, and ANACS. Generally, there is little difference in their grading standards. Collectors sometimes favor one or two over the others, based on personal preference. The general guideline to purchasing coins is to pay more attention to the coin than the holder. The strike and sharpness of detail, amount of wear, scratches, brilliance, toning, contact marks on the surface and rim are all major point to consider. At Goldcoast Coins, we examine each and every coin, and make sure it passes our ultra strict standards.

7. What's the definition of "key date" and "semi-key date?"

Every series of coins has a certain date and mint mark that makes it the most wanted and most difficult to find coin. This is known as the key date. There are also dates that can be considered runner-ups to the key date, and these have been called semi-keys. They are also difficult to locate, and should continue in popularity as their existence becomes scarcer. The key date coin is the most costly of the series and the semi-key is usually somewhat lower in price.

8. Are untoned coins more desirable than toned coins?

This is a personal preference issue. Many collectors prefer untoned coins because of their clean appearance and because they wish to preserve the look as originally minted. A large number of collectors, however, seek toned coins that appear to authenticate the antiquity of the coin. For example, there are collectors who look for pretty, rainbow-toned silver coins and are willing to pay hefty premiums for them. For those rainbow-toned coins in mint state condition, prices have continued to soar.

Numismatic Guaranty Corporation Authorized Dealer