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.

Most people buy these solid gold coins because of the Saint Gaudens’ design, which shows the Lady Liberty carrying an olive branch of peace in one hand and the torch of freedom in the other. The reverse side of the coin features the American Eagle in mid-flight, hovering over its family in a nest. This is designed by Miley Busiek, an artist from Dallas. These “family of eagles” symbolizes family unity and tradition.

These gold coins contain 91.67% of pure, fine gold. These 22-karat gold coins are more resistant to scratching because it is harder compared to the 24-karat gold coin. You might ask yourself why you buy gold coins instead of gold bars or ingot. It is because, you can sell these gold bullion coins easily compared to gold bars.

Where to buy gold coins: American Eagle Gold Bullion
American Eagle gold bullion coins can be bought from a lot of gold coin dealers. These gold coins are guaranteed by the US government for their gold weight, content, and purity. These American Eagles are the official legal tender of the United States.

The U.S. Mint does not sell these coins directly to the public. The Mint delivers these solid gold coins through wholesalers, precious metal firms, brokerage companies, and coin dealers.

But before you buy gold coins, make sure that you are buying from a reputable gold coin dealer. Make sure that the gold coin store has a good feedback from other sellers as well. Prepare the necessary papers needed to own these gold coins.

There are several gold coins available in the market that caters to he needs of both collectors and investors. The most popular gold bullion coins that investors usually purchase are the Canadian Maple Leaf, American Eagle, South African Krugerrand, Chinese Pandas, and a lot more.

Usually, the best place to buy gold coins is from government and banks. These banks and government are sure places to bet gold coins with the best guarantee. In the US, the US Mint offers gold coins both for collectors and investors. Other countries also offer gold bullion coins for investing. These gold bullion coins, if guaranteed by their respective governments, can be accepted from any banks in the world.

Where To Buy Gold Coins Online?

Aside from banks and governments, you can buy gold coins online. You might be thinking if buying gold coins online is a good idea, since you are dealing in cyberspace. Of course! There are a lot of reputable and trusted gold coin sellers on the internet. But, you have to make sure that you are buying from online shops that are certified to sell gold coins. You also have to make sure that the gold coin you are buying has been graded by coin grading services, like the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC). These grading services will ensure that the gold coins you are buying are the real deal.

After knowing these, you are now ready to buy your own gold coins. So be aware of the gold coin trading since there are a lot of frauds around.

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You will also need coin collecting items like glove, tweezers, magnifying glass, and chemical components for cleaning. All these items are very necessary to keep the coins protected. If you want to keep the coins from the harshness of the weather and dust, you must take the right precautions for preventing this situation.

There is another important thing to be remembered. You must keep your coins from water and too much heat. According to the experts, thumb marks on the surface of the coins will be harmful because the grading procedure of the coin will not be done properly.

It will be better for you to clean the coins from any dirt. Also, the hand gloves is an important accessory for holding the coins. Always try to slip your hand into the gloves to prevent from damaging the coins. Coin tweezers is an important tool for holding the coins. However, you need to buy the original coin tweezers to ensure long lasting use. The tips of these tweezers are covered with plastic, and this will hold the coins lightly but steadily.

The covered tip leaves no marks or dent on the surface of the coin. Magnifying glass is also an important tool for checking the coins. For close examination of the coins, this type of magnifying lens is useful when checking the details of the coins.

As a part of the cleaning process, you can look for cheap substitute to chemical components you can find in your household like lemon juice, soap, or vinegar. You should also place the coins on the mats intended for placing coins, which will give protection to the coins. If you like to show off your coins, it is up to you to look for the best and the most attractive coin display cases.

Read this coin collecting guide to know more about coins.