| Author |
 Replies: 13 / Views: 1,508 |
|
|
New Member
United States
8 Posts |
I don't know if this is a stupid question, but I am new to coin and precious metal collecting and I just recently purchased a 2015 1/10 oz Gold American Eagle Brilliant Uncirculated coin from APMEX. I am wondering if coins like this should be certified if I ever want to resell them (which I don't plan on doing for a long time), or if they do not need to be, since I will be saving all of the receipts etc. Once again I am just curious and I apologize if this is a stupid question, I appreciate any responses! |
|
|
|
Pillar of the Community
Australia
7096 Posts |
 To the forum. I think it is a good idea to have Gold coins certified these days with the abundance of counterfeit coins on the market now  |
|
New Member
 United States
8 Posts |
Do you think it should be certified on top of saving the receipts? If so what is the easiest/cheapest way to get that done? Thanks!
|
|
Rest in Peace
United States
17900 Posts |
That seller is huge and would never knowingly sell a fake. They make every effort to keep customers.
For a coin that you probably purchased for somewhere in the $130-$140 range, I wouldn't recommend the $25 or so (with postage) for NGC, although if you have a handy PCGS dealer, it might be a few dollars less.
|
|
New Member
United States
8 Posts |
Yeah from what I've read I definitely trust APMEX, do you think I'd ever have a problem reselling it if I just keep the receipts? Then in the future if I ever get a cheap opportunity to get it certified I do it? |
|
Rest in Peace
United States
17900 Posts |
That would make sense. Sometimes ANACS has deals on certification, although they are not generally as well regarded as NGC or PCGS.
|
|
New Member
United States
8 Posts |
There is a PCGS near me, I emailed them asking about certification. I guess in the future I'll buy the coin already certified!
|
|
Rest in Peace
United States
17900 Posts |
That is the smart way to go, in my opinion.
|
|
New Member
United States
8 Posts |
In your opinion, if I never got it certified and went to sell it just with the receipt do you think I would have a more difficult time? I am not planning on that any time soon but just like to think long term.
|
|
New Member
United States
8 Posts |
I would assume though if I ever wanted to sell it that a dealer would be able to know it's real even though it's not certified.
|
|
Bedrock of the Community
United States
11951 Posts |
If you brought that coin into the shop I work.
We would do a couple checks, and pay you spot for it.
We pay spot for all gold and silver Eagles, as long as the
coin is still in BU problem free condition.
We would pay the same for raw or certified.
I hope in the future most dealers will continue to have better
equipment for testing coins.
As long as you know the coin is authentic, then why pay more money
to tell you what you already know.
I would just put the coin into a Air-title capsule ... and start planning for
the next coin.
|
|
New Member
United States
8 Posts |
|
|
Pillar of the Community
United States
4211 Posts |
No, I would not certify a 1/10 ounce gold coin bought from a reputable dealer.
A one ounce...probably so.
Most all 1/10 oz. gold coins I see for sale are not certified.
|
|
New Member
United States
8 Posts |
Yeah I figured it's not worth it since it's not worth a fortune anyway
|
| |
Replies: 13 / Views: 1,508 |
|
Posted 11/12/2016 7:41 pm
