Distinguishing fake gold coins

A lot of fake gold coins look the same as the genuine ones. You can’t spot the deception without the help of a magnifying glass. A lot of forged gold coins also look fake due to poorly made imitations.

However, gold coin numismatists should be warned that a lot of counterfeit gold bullion coins are circulated in the market today. Collecting gold coins is what most collectors’ dream of. The beauty and the value of gold coins can make a generous profit. Fake coin makers have evolved over time. Gold coins of today are sometimes mixed with other metal like alloy to make it more durable.


Now that you have an idea that not all that glitters is gold, how can you identify if it is fake? Read the list below to find out.


First sign that a coin is fake is the quality of the metal used. These coins may appear too shiny or sometimes it looks dull. The color is noticeable since a fake gold coin has another metal for a base. It can also have a grainy texture.


If you spot a Double Eagle coin that looks flecked or mottled on the surface, it is probably a fake gold bullion with a copper metal as base. There are also plenty of counterfeit medieval gold coins like the Tudor Angels and Half Angels.
The forged coin lacks markings (e.g., .999 gold) and has a lesser weight. Because a counterfeit gold coin weighs lighter, it does not give a distinctive “ring” when strike against another gold coin, or when dropped on a hard surface.


Fake gold coins usually are made up of two separate sides. Both sides are then soldered or brazed together. Some counterfeit coins are just glued together that a seam can be seen on the coin’s rim.


Researching about gold coins is really necessary. Some counterfeit gold coins have non-existent mintmarks and dates. One example is gold sovereigns from 1918 to 1925 when in fact, the London Mint did not issue any sovereign coins at that period.


Gold coins will resist oxidation and will not corrode when dipped in inorganic acids since it is made of noble metals. Forged gold coins dissolve on nitric or sulfur acid. But, using this acid test on a genuine gold coin will devalue it.


Certified coin dealers and expert numismatists can tell you if you have are counterfeit or fake gold coins. Remember; only buy gold coins from certified numismatic experts.

Double Eagle Gold Coin

The Double Eagle coin is a US $20 gold coin which was issued last 1907-1933. This gold coin was designed by Augustus Saint Gaudens with the participation of President Theodore Roosevelt. The coin has a dimension of 34mm in diameter and 2mm in thickness, with a weight of 33.436 grams. In the spring of 1933, there are 455,500 double eagles melted but two 20 dollar gold coins were able to be set aside.

Saint Gaudens designed the obverse of the Double Eagle gold coin, with Lady Liberty holding a torch of freedom and an olive branch with the US Capitol in the background. The inscription of the obverse says “Liberty” and the year it was minted.

The reverse design of the gold coin has an inscription "United States of America," "Twenty Dollars" and "In God We Trust" and shows a Bald Eagle flying with the sun and its rays in the background. The gold coin was minted without a motto “In God We Trust”, but an act was passed in the congress requiring the use of the motto so Saint Gaudens re-designed the coin and included the motto.

The Double Eagle gold coin contains 90% gold and 10% copper, which is equivalent to 30.093 grams as its gold content. It currently holds the record for the second highest priced for a single US gold coin. These Double Eagle gold coins were recently exhibited in the "Money and Medals Hall" at the National Museum of American History.

How to purchase gold coins | Buy gold bullion coins

The need to buy gold coins is not hard to understand; compared to other gold materials there is in the world. It is also easy to understand the demand of owning gold coins as an investment. If you decide on owning gold coins as an investment, you should buy gold bullion coins.

There are several reasons why the need to purchase gold coins is taken into consideration. For one thing, inflation is driving the price of gold ever higher. So owning gold coins is a practical investment.

Here are some things to take into considerations on how you buy gold bullion coins.

1. Do you buy gold coins for enjoyment? Or for your personal investments. Keep in mind that in buying gold coins, you have to know the purpose why you buy gold coins. If you buy gold bullion coins for investment, it can be easier to sell than say, a gold bar, or a gold jewelry.

2. If you buy gold coins as an investment, how will you know and guarantee the content and quality of gold in your gold coins? If you are not sure whether the gold coin that you bought is the real thing, just consult an expert to clear your doubts. There a lot of reputable gold coin dealers in the market. You just have to choose which is convenient for you.

3. Determine how much you are capable of spending if you buy gold bullion coins. The monetary value of gold coins depends on the gold content of your coin. A 0.25 oz gold coin differs from a 0.5 oz gold coin. The greater the gold contents of the coin, the higher its price. You pay less when you buy gold bars in the same amount with gold coins. But selling gold bars has many challenges than selling gold coins.

4. Before you purchase gold coins, you have to know the spot price of gold per troy ounce (the unit of measurement for gold). There are a lot of resources to know the current price of gold. You would want to get the best value for your gold coin when the time comes that you need to sell them.

You can use these tips when you purchase gold coins where ever you are located in the world. Gold coins are a good investment – so buy gold coins now.

Interested in link exchange? If you want to link to this blog, please contact me through email. Do you have a related blog? Add URL here. Submit site to this blog about gold coins. If you have a related article or blog about gold coins, contact me to submit URL. This is information is for gold coin buyers about how to buy gold coins. You should know where to find cheap gold coins. Know where to find gold coin sellers. Buy gold coins online to avoid the hassle of going to the actual store. Choose between numismatic gold coins or bullion gold coins.

Best place to buy gold coins | How to purchase gold coins

Gold coins are one of the best investments you can make today. There are several reasons why a person would buy gold coins. It might be for investment purposes. With the shaping up of the economy, gold coin investing is a safe way to save for your future. Or a person might want to buy gold coins for the fun of collecting it. Because of the gold’s ability to increase in value, a lot of people are already collecting gold coins. Regardless of the reasons, a person will never regret buying gold coins.

Tips to Know When Buying Gold Coins

Before deciding to purchase gold coins, you have to know the type of gold coins that you want to buy. There are two types of gold coins: the gold bullion coins and the numismatic gold coins. Gold bullion coins are issued by government mints and central banks and its value lies on its gold content. Numismatic gold coins, on the other hand, are valued by its grade and rarity. Most collectors covet these numismatic gold coins not because of its gold content but because of its numismatic and historical value.

After determining what type of gold coin to buy, it is now time to look for gold coin sellers. You have to be wary of the gold coin industry to avoid being fooled and sold fake gold coins. You also have to know the spot price of gold in the market so you will have an idea of the range of the gold coin price.

Best Place to Buy Gold Coins

You can look up the internet if you want to buy gold coins online. But if you want to make sure that you are buying the real thing, you can opt to purchase gold coins at the US Mint or other trusted shops that are authorized to sell gold coins. Another thing to remember when buying gold coins is to check if the gold coin store where you purchase your coins is a member of the Numismatic Guaranty Corporation (NGC) and the Professional Coin Grading Service (PCGS). This is to ensure that you are buying a genuine and authentic gold coin.

You can also buy gold coins at coin shows and gold coin auctions since these are the place where gold coin enthusiasts and coin collectors meet, so it may be a guarantee that the gold coins they sell are the real deal.

Interested in link exchange? If you want to link to this blog, please contact me through email. Do you have a related blog? Add URL here. Submit site to this blog about gold coins. If you have a related article or blog about gold coins, contact me to submit URL. This is information is for gold coin buyers about how to buy gold coins. You should know where to find cheap gold coins. Know where to find gold coin sellers. Buy gold coins online to avoid the hassle of going to the actual store. Choose between numismatic gold coins or bullion gold coins.

Know the gold coins value, collect rare gold coins

Coin collectors and investors like to collect bullion gold coins and numismatic gold coins. The bullion gold coins and numismatic gold coins vary in value. Bullion gold coins are valued based on their gold content, while the numismatic gold coin is valued according to their rarity, grade, popularity, and quality. When you decide on collecting gold coins, choose what type of gold coins that you want to collect.

If you have no idea about the base price of these gold coins, research on gold coin prices guide on the internet. There are a lot of websites that has information about the current price of gold. Pure gold coins have 99.999 percent of gold. Among the coins that collectors desire are rare gold coins. Rare gold coins range from a hundred to thousands of dollars, others even reach to millions. These rare gold coins are priced that much because of its numismatic value.

Rare gold coins are valued because of the demand that these coins have. Most collectors look for very rare gold coins for their collection. Aside from the gold coins worth, a collector can have a piece of history in their collection. There are a lot of popular pre 1933 gold coins available in the market today. Gold coin minted between 1800 – 1933 ranges from a thousand to even a hundred thousand dollars.

An example of the most famous rare gold coins is the 1933 Saint-Gaudens Double Eagle. It is named after a sculptor named Augustus St. Gaudens. This gold coin is considered by some to have the best design in the American denomination. But when Pres. Franklin Roosevelt ordered off the gold standard in 1933, nearly all the gold coins minted in 1933 were melted. Only a few were spared, but the last piece that was known to exist was sold in auction in 2002 for a whopping $7, 590, 020. This is by far the most valuable coins in the world.

There you have it, good luck collecting your gold coins. Just have patience, and you will be rewarded because of that.

Read about the most rare gold coins today. Learn about a piece of history by collecting pre 1933 gold coins. Know the value of old gold coins by engaging in gold coin valuation.

Old coins collecting is an interesting hobby

Coin collecting is considered as an interesting past time and something that not many people across the planet are aware of. One of the benefits of this rare hobby is that it can be quite worthwhile as well. It is known as Numismatics, which is a type of science related to coins from a artistic point of view. In fact, numismatics has a lot of value when it comes to archeological science. Coin collection has always, in one way or the other reflected the political, and economical trends of a particular era.

Coin collecting is not just another hobby it can also be seen as an venture. Financial analysts have started advising people to create an investment portfolio in old, prehistoric, and rare coins. Some financial advisers have got their customers to make as much as 1 percent saving in old and rare coins. The main grounds for this move is due to the fact that a constant growth is driven by the worth of the coins, which over a period of time offer much better returns than the stock market.

The market for coin collecting has matured in the US and Canada and is attracting a lot of attention from Europe and Australia as well. One of the interesting aspects to consider is the actuality that Europe has the maximum potential because of the amazing and varied history it has. Off late, it has been noticed that some of the lesser recognized East European countries have started to demonstrate a rapid growth in the worth of coins thanks to the stabilizing economy. Today the number of people hooked in coin collecting has increased in Europe and this is because people have begin to understand the value of old coins. Hence, more and more people are trying to buy them cheap because their value in the future is expected to increase.

If you are into coin collecting, then you are probably knowledgeable of the fact that it is a great pastime and it makes an interesting investment portfolio. But the important message here is that in order to get the preferred value on the coins you will need to take good care of them. I found this article online on how to maintain old coins.