FLAWED GOLD: How to Spot and Lessen Risk

January 20, 2016 in Bullion, Coins, Collecting, Education, Gold, Gold Coins, News, Numismatic Crimes, Numismatica, Numismatics, Precious Metals, USA Coins

By: Michael Bugeja (Coin Update News)

flawed Gold

With the price of gold at less than $1100 per ounce, many hobbyists are buying old coins rather than bullion, taking advantage of price and adding raw coins to their collections. However, unlike other numismatic items, raw gold comes with more potential problems because of the soft metal, history of counterfeits, improper care and, lest we forget, unscrupulous sellers.

Some problems lessen value but still may earn a grade at the top holdering companies. Many problems will not be worth slabbing. And a few problems are outright frauds.

The most common flaw is the test cut. Such cuts were made to discern… Full article at the source>

Source: (Coin Update News)

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