Gold Investing Simplified

No-nonsense information on Gold Investing for the casual investor in gold - including gold bullion, semi-numismatic and numismatic gold coins.

Tuesday, June 23, 2009

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.

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