Now is a great time to cash in on your unwanted or commemorative gold coins. With the Gold Market at an all-time high, it’s a perfect time to sell your collection. We buy ALL GOLD COINS regardless of their denomination, condition or country of origin.
Gold coins have been used since the invention of coinage because of their intrinsic value. Now, however, gold coins are usually sold to collectors or used as bullion coins for people who are investing in gold.
There are three ways to assess a gold coin’s “grade”: good, fine, or uncirculated. Coins that are graded as “good” have worn-down surfaces due to circulation; details on the coin may not be visible. “Fine” grade coins have a bit of the mint luster on their surfaces; their features are less worn down from circulation than the features of “good” grade coins. Lastly, coins that are considered to be “uncirculated” have details that are very sharp and have a luster near the state of the coin at the mint (prior to circulation).
Gold coins have originated in — and have been used in – countries throughout the world. Gold coins were usually a form of money; however, most of the world stopped using gold coins as a currency by 1933 as countries switched from the gold standard (which was instigated by the Great Depression).