Are Gold Coins Graded Differently?

Discussion in 'Coin Chat' started by NICK66, Apr 16, 2007.

  1. NICK66

    NICK66 Coin Hoarder

    Are there different precedents for gold coins since its a softer metal, especially proofs? Thanks for any information.
     
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  3. DJCoinz

    DJCoinz Majored in Morganology

    Not that I know of.
     
  4. 09S-V.D.B

    09S-V.D.B Coin Hoarder

    In my limited experience, TPG's are lenient with bag marks on large gold and silver coins (S$, $10, $20). On smaller denomination (<$10) gold, not so much. Do you have any specific factors in mind?
     
  5. GDJMSP

    GDJMSP Numismatist Moderator


    What he said ;)
     
  6. NICK66

    NICK66 Coin Hoarder

    Well, I have a $25 gold proof coin I may send in for grading that I think may grade pretty high, it might have one tiny speck on it under 10x magnification. Which TPG is the best for gold grading? Thanks again!!
     
  7. GDJMSP

    GDJMSP Numismatist Moderator

    I wouldn't spend the money on grading it. The $25 AGE will sell for just as much raw as graded, unless you get very lucky and get a 70. And the odds are a 1000 to 1 you won't.
     
  8. Shortgapbob

    Shortgapbob Emerging Numismatist

    They tend to be slightly more lenient on the marks on gold coins because gold is a softer metal.
     
  9. Daggarjon

    Daggarjon Supporter**

    I only have 2 gold coins (yay me) and i doubt i would ever send them to get graded. Some day, i may be able to obtain more and more gold.. only then would i be able to help in my 'experience' in grading gold coins lol
     
  10. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    The lesson here is that when you purchase modern gold coins, you might as well buy them graded since you get the grading almost for free. But I agree that there is no point to spend money grading it. Let someone else spend their money for you.
     
  11. Andy

    Andy Coin Collector


    Same thought line with the addition that most people grade coins for they think about selling them, just grade it yourself as dealer's grade and place it on e-bay. Hopefully you will be close enough and by the responses of frequent buyers you should be able to tell.
     
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