Knowing US Gold Coin Prices

Knowing a gold coin price and true value will help you make a solid investment. However, knowing gold coin values from year to year can be difficult.When it comes to a gold coin's value there are only a few things you need to keep in mind...

How many coins were minted?
- What is the grade of the coin?
- Does the coin have gold content?
- What is the current price of gold?

Our site focuses on proof gold coin and sets. A proof coin refers to the method of manufacture and not the condition of the coin. Proof (PF) refers to the manufacturing method and are not intended for circulation. These coins have more sharpness in detail and a mirrorlike surface.

Proof coins are generally for collectors and will be used for exhibition and souvenir but these coins are also legal currency. If a gold coin is also a proof coin then it's value will generally be greater then non-proof gold coins. In the case of newer gold american eagles for example, all proof versions were minted at the West Point mint which is indicated by the letter W on the coin.

Proof coins can have various grades that will affect the price as well. Gem Proof (PF-65), Choice Proof (PF-63), and Proof (PF-60) are a few examples. If you see the same proof coin being sold at two significantly different prices by two different people then it's possible that one coin is a PF-70 where the other is a PF-60. The higher the PF the more value. Generally grading needs to be done by a professional . PCGS and NGC are two very popular grading services and if a coin is advertised as being graded by these services you can be guaranteed that its probably accurate. If a coin has been graded by one of these services it will have encased and marked as such.

One of the best ways to keep up to date on United States gold coins is with the United States Coin Red Book. This is the offical guide book to buying US coins. This is an absolute must have for any coin collector. The Red Book prices are established prior to the publication of the book based on retail prices from various contributors.
These values are to serve as a guide and not the actual value. The prices of coins can fluctuate due to the economy, grading, available coins for sale, and the value of gold.