If so, here is some information to make sure you are making the right choice.


Here are a few things to know:


The 20 – 100 rule applies when gold pricing is relatively steady. $20 over spot for 1/10th oz and $100 over for 1 oz gold coins and bullion.
When gold is trending slowly upwards, this rule becomes 30 – 150.
When gold is forecast to rise faster, this rule becomes 50 – 200.
When gold is sinking, this rule becomes 20 – 80.


Don’t be afraid of higher premiums for certified, and reputably graded raw (uncertified) collectible gold coins. The premium should carry-over when you sell them. However, as with any collectible coin, make sure the dealer proves to you the authenticity, grade, and value (using “CDN Greysheet” or recent actual verifiable sales records on-line) of the coin.


A significant number of U.S. Gold coins pre-1930 are counterfeits. Ensure the dealer proves to you the authenticity of the coin using “United States Gold Counterfeit Detection Guide”. If the dealer does not have this reference for authentication, of raw gold coins, do NOT purchase the coin.


Have the dealer demonstrate the use of a spectrometer for testing the gold, and verify it is used for the coin you would like to purchase. This ensures you are not being sold a plated counterfeit. If they don’t have one, don’t buy the coin.


Get a receipt and ensure the receipt contains the dealer’s contact information, and accurately describes what you are purchasing.