Proof Gold Coins
You have probably heard the term "Proof" when used to describe gold and silver coins. In case you are not sure what that means, I want to shed a little light on what a proof coin is and why they are priced higher than similar non-proof coins.
First of all, let me tell you what the term proof is not. Proof is not considered as a coin grade like Mint State grades (MS-65, MS-63, etc.) or circulated grades such as AU, EF, VF and VG. It is used to refer to a method of manufacture. A proof coin stands out from regular coins because of its mirror-like finish. This look is accomplished by the use of special polished dies and planchets (the coin disk upon which the die imprints the design).
Proof gold coins make a nice addition to a gold investor's holdings once a number of regular gold bullion coins have been purchased.
Happy investing.
Labels: coin grades, gold investing, planchets, proof gold coins


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