Are you interested in investing in precious metals? Buying gold and silver is easier than ever these days, but there’s a difference between buying precious metals coins as a collector and buying coins as an investor. There are obviously a lot of different factors to consider when making any sort of investment, including precious metals, but it’s important that you start your journey with a basic understanding of some of the important terms. To help you get started, here’s a look at some of the different types of coins you’ll encounter.
Bullion Coins
These precious metals coins are intended solely for investors and are not sold or circulated to the general public through any country’s mint. The price of a bullion coin is based on the weight and purity of the precious metal, which can fluctuate slightly on a daily basis.
Proof Coins
Whereas bullion coins are intended to be purchased in large quantities for easy exchange and storage, proof coins are much rarer (and much more expensive) and are often purchased for display purposes. Proof coins are the finest quality of coin produced by the U.S. Mint, and come carefully packaged to showcase and preserve the exceptional finish that results from being cleaned and polished by hand.
Uncirculated Coins
Although uncirculated coins can be used as everyday money, they are treated with a special process before and after being struck to produce a brilliant finish. Uncirculated coins come with an official Certificate of Authenticity and make great gifts.
If you’re new to precious metal investments, let the experts at California Numismatic Investments get you started on the right foot. Browse our collection of gold and silver coins online or call us toll-free at (800) 225-7531 to speak with one of our precious metal experts. We offer free insured shipping on all orders.