Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Garfield Refining - What You Should Know About Numismatic Gold & Silver Coins

1,075 views

Published on

Garfield Refining, one of Pennsylvania’s oldest precious metals refineries, presents actionable ways to avoid gold scams for people looking to invest in numismatics.

www.garfieldrefining.com

Garfield Refining - What You Should Know About Numismatic Gold & Silver Coins

  1. 1. Purchasing BROUGHT TO YOU BY GOLD COINS & NUMISMATIC COINS
  2. 2. PURCHASING GOLD COINS & NUMISMATIC COINS CHECK IF YOUR DEALER IS A MEMBER:
  3. 3. PURCHASING GOLD COINS & NUMISMATIC COINS The best way to buy gold is to PURCHASE COMMON COINS. These should sell for 3% to 5% over gold’s spot price. If a dealer says you should pay more, look elsewhere.
  4. 4. PURCHASING GOLD COINS & NUMISMATIC COINS UNDERSTAND THE SALOMON INDEX. It is based on the value of 20 extremely rare coins. Coins like American Eagles, Canadian Maple Leafs and Krugerrands are far more common and do not appreciate like rare coins.
  5. 5. PURCHASING GOLD COINS & NUMISMATIC COINS Be sure the gold or silver coins can be BOUGHT AND DELIVERED AT THE PRICES QUOTED. SEE THE COINS before you buy them and be sure the dealer can deliver the coin itself.
  6. 6. PURCHASING GOLD COINS & NUMISMATIC COINS Buy only PCGS OR NGC CERTIFIED “SIGHT-SEEN” U.S. numismatic gold or silver coins with a fair inspection period after delivery. Make sure your coin has been inspected for copper spots and other imperfections by at least two numismatists.
  7. 7. PURCHASING GOLD COINS & NUMISMATIC COINS CONDUCT EXTENSIVE RESEARCH (both online and at coin shops) before purchasing numismatic coins. The valuation system can be difficult to grasp for beginners.
  8. 8. PURCHASING GOLD COINS & NUMISMATIC COINS CHECK THE GRADES OF COINS WITH AN INDEPENDENT SOURCE BEFORE BUYING. A reputable dealer will stand by his product and welcome a third- party appraisal.
  9. 9. PURCHASING GOLD COINS & NUMISMATIC COINS BE CAREFUL OF OVERPAYING FOR COLLECTORS’ ITEMS OR GOLD COINS IN PRETTY PACKAGES. No serious investor/ collector cares whether his/her gold coins are displayed in a pleasing manner.
  10. 10. PURCHASING GOLD COINS & NUMISMATIC COINS When looking to buy gold as an investment, UNDERSTAND THE DIFFERENT STRATEGIES between buying coins and buying numismatics. Buying coins is focused on the gold price. Buying numismatics is about the coin’s rarity. SOME EXAMPLES OF NUMISMATICS: 1913 Liberty Head Nickel: $3.7 Million 1933 Double Eagle: $7.6 Million 1804 Silver Dollar, Class I: $3.8 Million
  11. 11. Find out more ways to protect yourself against gold scams: GarfieldRefining.com/Gold-Scam-Prevention THANK YOU! CONNECT WITH US: www.GarfieldRefining.com • www.facebook.com/GarfieldRefining • www.twitter.com/GarfieldGold

×