FAQ
What is a rare coin?
For the typical non-collector , these general guidelines should be used:
- United States coins only.
- Dated prior to 1934.
- The condition or “grade” is Mint State (MS) or Proof (PF) 60 or higher (64, 65, 66 or 67). Coins graded 68 to 70 are very difficult to price due to extreme rarity and usually should be avoided.
- Certification can be done by either the Professional Coin Grading Service(PCGS) or the Numismatic Guaranty Corporation (NGC).
- Prices should be a function of the Certified Coin Dealer Newsletter (CCDN) and the Coin Dealer Newsletter (CDN).
- The population of the coin (the number of coins that have been graded by either PCGS or NGC) is low for the series whenever possible. This is available from the current edition of the PCGS or NGC Population Reports.
Why rare coins?
- The rarity of certain coins, especially those with low population counts, can contribute to their value. Limited supply, coupled with collector demand, may result in potential appreciation over time.
- Rare coins are compact and easy to store, whether in a safe deposit box or a home safe. Their portability makes them a convenient purchasing option.
- Rare coins often have historical significance and aesthetic appeal. Owning a piece of history can add a unique dimension to your portfolio.
- Remember, the decision to purchase rare coins should align with your overall financial goals and risk tolerance.
What does certified mean?
Certification by one of the recognized independent grading firms, such as the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC) provides you the assurance of an independent 3rd party verification of the grade of the coin, insures that your coin is not a counterfeit and the grade assigned was issued in conformity with the industry standards of one of the leading grading services.
Does the price of gold or silver have any effect on the price of rare coins?
- High-Quality Coins: Rare coins of high quality and rarity are less affected by fluctuations in bullion prices and are more focused on their historical or collector significance.
- Lower-Quality Coins: In contrast, lower-quality coins, often more easily obtained and of poor condition, may have prices influenced to a greater extent by movements in bullion prices. In such cases, the value of the coin may be more closely tied to its metal content.
- Understanding the nature of the rare coins you're interested in is crucial. If you're primarily interested in the historical or collector aspects of coins, the impact of gold or silver prices might be less significant compared to coins valued for their precious metal content.
Where do I store rare coins?
Rare coins are very easy to store. They can be stored in a safe deposit box at your bank or in a home safe. Since the coins are in sonically sealed, tamper proof plastic cases of uniform size, they do not require much space.
In addition, you may want documentation of the invoice, descriptions, histories and color digital images of all the rare coins in your collection.
What is our Return Policy/Guarantee?
At Pinnacle Coin, we stand behind the quality of our products, and your satisfaction is our top priority. If, for any reason, you are not completely satisfied with your purchase, we offer a hassle-free 30-day money-back guarantee. Simply reach out to our customer service team within 30 days of receiving your order, and we will guide you through the easy return process. We believe in making your experience with us risk-free and enjoyable, ensuring you can order confidently and with peace of mind.