Looking to collect or buy gold coins for the first time, but getting confused with the jargon? If you're not sure the difference between an American Eagle and a Double Eagle, and have little knowledge of Liberty Coins, Gaudens, and Indian Coins, then it can be pretty confusing! Here are a few tips for beginners:
There are plenty of resources out there for researching gold coins and your options. You'll want to know the rarity of the coin, the historical value of the coin, and what you should expect to pay.
Take Your Time
Before investing a lot in your coin collection, make sure you've done the research and know how to make the right decisions. You don't want to rush into building up your stock and over-pay or begin collecting coins that are not as rare as you thought.
Instead of relying on your sister's son's cousin's husband's advice, seek out direct contact with advisors who have expertise in coin collecting and who are known to be trustworthy. Of course, calling us at Kris's Koins is always a good idea; we have over 20 years of gold coin buying, selling, and collecting experience!