Higher grade coins ‘offer investment opportunity’
Higher grade gold coins could offer individuals a chance to boost the value of their collection, it has been claimed.
Writing for Coin Link, Legend Numismatics argued that it is worthwhile building collections of MS64 or higher quality; as such an offering represents better value at a relatively low premium for gold coins.
The organisation added that its best recommendation, however, is to build up a type set. By opting to create such a collection, an opportunity will not pass by an investor.
Other options for potential value growth include opting to develop an all-proof Barber set, using coins of PR65-67 grade. Value for such items can be boosted by the low mintage of many of the Barber items.
Taking action now was advised by the group, as it noted that markets tend to rebound in mid-September, so prices could be due to rise in the near future. Complete sets could see strong value rises in short periods of time, the organisation said, so potential remains for investment growth.
The US Mint continues to release new gold coins. Currently a new series featuring the country's presidents is being released.
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