Gold Proof Set
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A gold proof set is usually a collection of proof gold coins; these coins more often than not will consist of the same proof coin in a variety of different sizes. A gold proof set is seen as a collectible and can build up numismatic value over time. Gold proof sets will usually come in a wooden or plastic protective display case. It is recommended never to remove any of the proof coins from their protective display case. The reason for this recommendation is if one of the gold coins gets scratched or damaged, it can reduce the value of the set significantly.
In some cases a gold proof set will also come with a certificate of authenticity. If the certificate of authenticity can not be safely kept with the display case, it is recommended that it be put in a secure place for safe keeping. All the gold proof coins in a gold proof set will usually be minted in the same year. Also all the proof coins in the set will tend to be in mint condition. The proof coins in the set are minted with special dies that give them a mirror like finish. This look is one of the main things that separate proof coins from bullion coins. Before purchasing a gold proof set it is important that an investor research to know the fair market value of any given set. By doing this research it will prevent an investor from the mishap of overpaying for a gold proof set. Also by doing this research it can let an investor know if they are getting a good deal or not. Gold proof sets are a unique way to invest in gold. With the information here, an investor will not only know how to take care of a set but also know what this investment entails. |