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<p>[QUOTE="spock1k, post: 586722, member: 7043"]that yells a fool and his money are soon parted. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p>dont beleive me? read here</p><p><br /></p><p><br /></p><p>This week, the Numismatic Guaranty Corporation (NGC) and participating vendors are announcing the debut of a new coin service - certification of authenticity of bullion coins that can be held by precious metals Individual Retirement Accounts.</p><p><br /></p><p>The main bullion-priced product for which this is expected to be used is the one-ounce gold American Eagle. One requirement of precious metals IRAs is that the merchandise must be stored at an independent facility.</p><p><br /></p><p>If an investor is holding a 20-coin tube of American Eagles in an allocated account, for instance, there really isn't any proof that a particular group of 20 coins is the same one originally received for that investor.</p><p><br /></p><p>With the new NGC certification, each coin will be encapsulated in a holder that identifies the coin by issuing country, denomination, date, gold purity and content, and by an individual serial number. This makes it possible for each of the 20 coins in this hypothetical example to be specifically identifiable as being the exact same coins as originally received.</p><p><br /></p><p>This certification service will cost less than others because NGC will not be grading the coins. It looks like the retail cost for this certification will be about $10-15 per coin. For most knowledgeable investors, this is an unnecessary expense. But, for those who are not as knowledgeable or who are extremely wary, this extra certification of authenticity could be considered as low-cost insurance.</p><p><br /></p><p><br /></p><p>still not convinced read more here</p><p><br /></p><p><a href="http://www.numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=6679" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=6679" rel="nofollow">http://www.numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=6679</a>[/QUOTE]</p><p><br /></p>
[QUOTE="spock1k, post: 586722, member: 7043"]that yells a fool and his money are soon parted. :D dont beleive me? read here This week, the Numismatic Guaranty Corporation (NGC) and participating vendors are announcing the debut of a new coin service - certification of authenticity of bullion coins that can be held by precious metals Individual Retirement Accounts. The main bullion-priced product for which this is expected to be used is the one-ounce gold American Eagle. One requirement of precious metals IRAs is that the merchandise must be stored at an independent facility. If an investor is holding a 20-coin tube of American Eagles in an allocated account, for instance, there really isn't any proof that a particular group of 20 coins is the same one originally received for that investor. With the new NGC certification, each coin will be encapsulated in a holder that identifies the coin by issuing country, denomination, date, gold purity and content, and by an individual serial number. This makes it possible for each of the 20 coins in this hypothetical example to be specifically identifiable as being the exact same coins as originally received. This certification service will cost less than others because NGC will not be grading the coins. It looks like the retail cost for this certification will be about $10-15 per coin. For most knowledgeable investors, this is an unnecessary expense. But, for those who are not as knowledgeable or who are extremely wary, this extra certification of authenticity could be considered as low-cost insurance. still not convinced read more here [url]http://www.numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=6679[/url][/QUOTE]
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