Gold Coins: how important is it that is came in its original mint package?
I am interested in buying some gold coins, like the American Eagle, Canadian Maple, etc.
I want to buy it for investment.
So it is it necessary/important that I get them in their orginally sealed state (as from the mint) and with a authenicity cerficate of BU (brilliant uncirculated)?
Or I can just get them in uncirculated conditions? and still be able to sell them with equal values as the sealed ones?
Thanks
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Actually modern uncirculated gold coins sell for the value of the gold in them. They have little collector value unless the mintage that year is very small. That does not seem to be the case in the 21st century. An example would be the 1991 1/2 ounce which had a mintage of only 24,100 pieces. Some of the better off collectors are putting sets together but they are few in number but will pay more for the rarer dates. It used to be the box was important but a lot of people are having their coins professionally graded and slabbed so no box. On modern commemorative I notice dealers charge about the same with or without box. To me it is the coin that counts but I am not an investor. I have done very well being a collector and doing my home work so I know more about the coins I buy than the dealer and not let him know I do. I see little difference in price in the boxed or no box bullion items. Most of the time they are the same.
The ones in their original unopened packaging will always hold & increase in value better, and will always be easier to sell later on.