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Gold Coin Identifier – How To Tell If Your Gold Coin Is Real Or Fake
A gold coin identifier is simply anything that can identify a certain coin as being authentic. It has been thoroughly discussed and is well known that coin collecting or purchasing can become a very big investment.
If you are not that familiar with a class of gold coins, there is the authenticity and value of each gold coin to consider. And, surely there could be problems you might encounter along the way. Just look at all the different coins out there:
2009 1 10oz panda gold coin
US $389.00
2008 ULTIMATE QUARTER SET PHILADEPHIA DENVER GOLD AND PLATINUM AND OBAMA COIN
US $50.00
Russian Tsar Nicholas Romanov 5 Ruble 1902 Gold Coin in Case with Display Box
US $325.00
American Gold Bullion Coin 1 10 999 Fine Gold 1 10th 31 Grams Gram
US $225.00
1911 Indian Gold Half Eagle $5 GEM BU RARE MS Uncirculated Coin
US $4,275.00
China 2002 Panda 1 20 OZ 20 Yuan Gold Coin Mint Sealed
US $254.99
Ancient Islamic AV Gold Dinar Coin YEAR 800 1100AD
US $75.00
1854 LARGE DATE Liberty Gold Double Eagle $20 RARE BU MS Uncirculated Coin
US $36,795.00
We do not want you to experience buying fake coins that will ruin your big investment. We understand how you may have made this investment as part of your life's savings that will prove beneficial for you in the coming years.
Being familiar with certain gold coin identifiers will surely help you avoid fake coins in the future. Everyone knows and understands how you want to protect your assets. With all those criminals wanting you to miss a step without knowing your gold coin identifier. And if you don't know them, surely you will end up with a lot of losses as well as disappointments.
That is why you need to know your coins identifiers. No matter what country your coin is from, all gold coins have the same characteristics. You need to check its features from size, weight and quality.
Like all coins there will always be a reverse and obverse side to each one. Although some may vary in design, like for some there may be portraits of people or animals or a known monument of their city, there will always be a sure and correct way in being able to identify the authenticity of the coin with the help of a gold coin identifier.
Aside from those very visible features, you also need to familiarize yourself with the third side of the coin which is the edge. There are four basic edges of a coin. There is plain, ornate, lettered and reed like the United States quarter or dime coin.
Being familiar of what kind of edge your coins have can give you an advantage with having a gold coin identifier. The plain edge coins are usually reserved for the coins with the lowest denomination value this was mostly practiced in the ancient and modern times.
Ornate edges have a repeating design that is pressed into the coin by the collar. Reeded coins dates back from the nineteenth century. Most reeded coins have lettering on the edge used as an anti counterfeiting method.
United States gold coins use identifiers that can be done by using legends that state the value in number and words and has the word “Liberty” incorporated somewhere in the coin design. There are other gold coin identifiers used in the United States that are still used today and if you are an avid coin collector you need to familiarize yourself with them.
One other way to identify a gold coin, if you do not know which country minted your coin. Check if you can find the name of the person etched in the coin. There are a lot of ways to identify a coin. All you need to do is know them and you will surely have it easy to avoid fake and unsecured gold coins in the future.
More Information
US Coin Identification Table – About.com