A gold coin can be worth thousands of dollars. Therefore, it is not surprising that bullion dealers and other industry professionals recommend handling gold coins with the utmost care. What may be surprising is that this recommendation serves not only to prevent owners of gold coins from losing them, but also to keep the coins from losing their value. To help your precious metals maintain their full value, employ the following tips for gold coin care and handling.
Before Touching Your Gold Coins
To avoid spreading your essential oils to your gold coins, thoroughly wash your hands with soap and water and make sure they are completely dry before you touch them. If you are unable to wash your hands or you plan to do some heavy coin handling, then don some clean gloves before you touch your coins.
Proper Handling of Gold Coins
Even when your hands are clean, the only part of a gold coin you touch when handling it should be the thin ring around the edge. If you are setting down a coin that has been removed from its holder, do so only on a soft, oil-free surface. Setting a coin down on a table or other hard surface may result in scratching, even if you are careful. Never eat or drink when your gold coins are out of their holders.
Cleaning Your Gold Coins
If you handle your gold coins with care at all times, you will rarely have to clean them. When you do clean a gold coin, use a mild soap and water. Pat your coins dry using a clean microfiber cloth to avoid inadvertent scratching.
At California Numismatic Investments, our gold and silver coins are handled with the utmost care until they change hands. To speak with a knowledgeable coin dealer about buying or selling gold coins that are in mint condition, call (800) 225-7531.