Gold Coin Grading

Gold coin grading is a very important part of determining the value of a coin enthusiast’s collection. In addition buying larger amounts of gold means that you pay less in mark up costs from the dealer or mint than if you just buy a small one tenth ounce coin.

The shipping and packaging might even be as much as the cost of the coin for a small coin. There are many factors to take into account when grading coins. The quality of the gold coin when it leaves the mint, it is possible, even with proof coins, that imperfections can be found which occurred during the striking process.

If there is even so much as a tiny foreign substance between the dies when the coin is struck then that will leave an imperfection. Hairlines can form when someone touches the coin with their bare hands or wipes the surface of a coin or even simply sliding it out of the protective coin holder. Cleaning a gold coin can also adversely affect its grading. Unless you know how to professionally clean gold coins, cleaning should be left to a professional like Anchor Coins.

At Anchor Coins we have state of the art gold coin grading equipment that is handled by experience gold coin graders who can give you an accurate assessment of your gold.

Chemical cleaning can sometimes remove a layer of gold leaving a bright surface underneath but this also can damage the gold coin, particularly a proof coin. This can also be spotted by a professional grader however as can mechanical cleaning where abrasives are used.

These will commonly scratch the surface of the coin and reduce the grading and therefore the value. So before doing anything, know your story and then go after it and collect as many as you want.

It is probably wiser to avoid any cleaning whatsoever as the fact of cleaning itself may affect the grading of the gold coin.Proof gold coins are struck in a special way with extra attention to the striking process and these coins are primarily meant for collectors. After researching about it and certain that you would like to do it, then why not and see the rewards at the end.

If you would like Anchor Coins to grade your gold coins call us on 012 23 0004 or  031 826 4681/031 826 4680 . Anchor Coins has offices in Durban and Pretoria, for more information visit our website at www.anchorcoins.co.za