Slabbed and Graded Gold Coins - Are They
Better than Loose Coins?
There are many different ways to buy gold, including the purchase of slabbed and graded coins that you can get from the PCGS and the NGC. Coins that you buy that are loose are known as raw coins or circulated coins, and aren’t certified or professionally graded. While buying loose coins might elicit more value for your dollar, you’ll never be certain of their value because of the nature of the transactions.
However, when you buy slabbed coins, you can guarantee that they are professionally graded. These coins are sold or place in a plastic slab after grading and sealed to protect each coin and can be found online, on eBay and at any coin collecting show in your local area.
There are several different grading services for gold coins, but the most popular companies are the PCGS and the NGC. Getting graded coins from these sources is a much more secure initial investment than buying loose, uncertified coins. This topic is one that has caused a great debate from both sides of the industry. However, there are many benefits to buying slabbed and graded gold coins. A slabbed coin will be protected from further damages and will be immune to environmental damages.
This might seem like a trivial factor, but considering that even accidentally dropping a coin can turn a $5,000 coin into a $500 coin in a matter of seconds. Plus, it will also be sealed from the elements, making it last and stay in mint condition for many, many decades. Another benefit of this process is that the coins are kept the same grade for as long as they are sealed. If you buy a coin with a high rating, it will keep that grade as long as you keep it in the plastic case. Also, buying these coins can elicit better value, just because the coins are sealed and trusted by collectors worldwide. The same coin in loose form might sell for up to 50% less than one that is certified by the PCGS or NGC.
Whether you’re looking for coins that are more valuable and protected in that value, or you’re just looking for an authentic purchase, buying slabbed and graded gold coins is a great alternative for anyone who wants to have a more secure coin buying experience. You’ll get great coins, be sure of the value of your coin, and you can find any variety of coins to choose from when you buy PCGS and NGC graded coins. Loose coins are great for those seasoned collectors who are able to discern the values on their own, but if you’re a new collector or just not able to find good quality graded coins, you can always invest in graded and slabbed coins instead.