Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

should i buy a gold coin without a coa?

i want to buy a 1977 gold coin but it does not have a

certificate of authenication

4 Answers

Relevance
  • 1 decade ago
    Favorite Answer

    most coins of any type are sold w/o certs, which are usually used when some detail of the coin is critical, like extreme rarity or the difference between Proof 69 and Proof 70, for example. and last time i checked it cost about $30 a coin to send it to a grading agency and have it returned "slabbed".

  • 1 decade ago

    Coins can be counterfeited and so can "certificates". Consider buying a "slabbed" coin, one that is sealed in a plastic holder from either PCGS or NGC - no one else. I suppose slabs can be faked also, but mainly, deal with reputable sources, including dealers and grading services, of which the two I mentioned are the best.

    I'm just now working on a section of my website about counterfeiting. Here's the first page:

    http://www.valuable-coin-stories.com/counterfeit-c...

    Also, a page on certified (slabbed) coins you may find interesting:

    http://www.valuable-coin-stories.com/us-certified-...

    Hope those will be useful to you.

    Source(s): Lots of information about coins and collecting coins that I have gathered over time. I'm still actively adding to this and likely will be for many years to come! Here's the site: http://www.valuable-coin-stories.com/
  • 1 decade ago

    As long as the coin is not known to be couterfeited, you should be fine. Just ask a local coin shop if he has heard of a counterfeit for that coin. If so, then only buy from that dealer. If not, you should be fine buying from anyone.

  • Ted
    Lv 7
    1 decade ago

    Deal only with established dealers.

Still have questions? Get your answers by asking now.