When you’re ready to start a rare coin collection, you may start out with silver or copper coins. These are more common and easier to get your hands on without paying a fortune. However, you may eventually want to add a rare gold coin or two to your collection. Here are a few steps you need to follow in order to do this wisely and easily.
First off, you need to make sure that you do research on different types of coins crafted from gold. One option is to find an old Stella four dollar coin. These coins, though, are very expensive because they’re incredibly rare. However, you can add one of these to your collection with a lot of thought and a connection with a good coin dealer.
You could also go with a more modern coin. The American Gold Eagle, for instance, is actually a bullion coin. It’s minted for investors rather than collectors, for the most part. However, some of these coins have special features and are made in limited collections. For instance, there are some coins that come in special sets, and there are also coins that are extra high relief. These coins were minted in smaller quantities, so they are rarer and make excellent additions to a collection.
Once you know what type of coin you want, check out prices for different grades. Sometimes it’s worthwhile to take a one or two point hit on a grade if you want a more affordable coin. This is especially true for those who are buying coins for personal collections for fun rather than as investments for profit.
Finally, you need to find a dealer to work with to find your rare gold coin for you. Oftentimes, you can find coins on your own if you look hard enough, but you should never buy these coins unless they’re certified. If you’re more comfortable with it, though, working with a dealer can be a good option.
Dealers often have many contacts throughout the coin collecting world, and they can often get you access to coins that you wouldn’t have had otherwise. Particularly if you’re looking for one certain rare gold coin, you should definitely consider working with a dealer. Just let them know what you’re looking for. They may have it in hand already, or they may be able to find it for you.