If you’ve recently inherited a gold collection or purchased non-graded gold coins or bullion bars, it’s important that you have an expert look at your gold to determine the exact value of your holdings. At California Numismatic Investments, you can receive free gold appraisals from Richard Schwary, a nationally recognized grading expert with over 30 years of experience. Here’s a brief look at the appraisal process and the importance of knowing the value of your gold coins and bullion bars.
Investigate the Gold’s Physical Attributes
The first step of the appraisal process is the investigation of the gold’s physical attributes. On gold jewelry, there is a stamp or identifying market that indicates the amount and purity of the precious metal. If there isn’t a stamp, Mr. Schwary has ways to determine the precious metal content of the jewelry, coin, or bullion bar.
Consider the Coin’s Collectability
If you are having gold coins appraised, the appraiser will also consider the coin’s collectability when determining value. Rare and collectible coins are obviously worth a lot more than common coins such as the American Gold Eagle and Canadian Gold Maple. If you believe you have rare gold coins, bring them to Richard Schwary at California Numismatic Investments. Mr. Schwary is an expert in rare coin identification and appraisal.
Compare Against Current Market Value
The final step in appraising gold is comparing the condition, weight, and collectability of the coin or bullion bar against the current market value for similar coins and bars. If you are pleased with the appraised value, you can sell your gold and walk out the door with cash or check in hand.
Richard Schwary is a member of The Numismatic Literary Guild and a Life Member of the American Numismatic Association, and also an official price contributor to “A Guide Book of United States Coins,” the premium pricing guide for U.S. coins since 1947. He’s also served as an expert witness regarding rare coins and precious metals. Call California Numismatic Investments toll-free at (888) 880-7101 to learn more about our gold appraisal services.