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Tips for buying South African gold coins online

If you’re a keen coin collector there are fantastic opportunities online to build your collection. South African gold coins, which are highly collectable, can be found online from suppliers like Top Grades. Whether you’re a hobbyist or a collect South African gold coins as an investment the internet is an increasingly useful marketplace. Trade between collectors and suppliers is strong. However when shopping online you don’t get a chance to inspect your potential purchase so it’s important to buy from reputable sites and to familiarise yourself with the grading systems.

There are several systems of grading coins so you should check which grading system the seller is using and then do your homework. For example if you’re buying Nelson Mandela coins which are graded on the Sheldon Grading system the grade may have been issued by a number of different authoritative bodies e.g. the Numismatic Guaranty Corporation (NGC) or the Professional Coin Grading System (PCGS). If, when buying South African gold coins, it is not clear what the grade of the coin is and/or who issued the grade then it is better to err on the side of caution and not buy the coin.

Some studies have suggested that PCGS and ACCGS gradings may be unreliable as they missed some flaws in coins that other awarding boding noticed during a comparative test. Therefore finding the right source of South African gold coins is important to ensure the value of your collection. This is especially true when there are no images of the actual coin that is on sale. In many cases a picture is not uploaded or a stock image is used- this should be noted beneath the image so do look out for this. Recommendations from other collectors are usually the best way to find a great online source.

But no matter where you buy your next South African gold coins remember to have fun with it. Nelson Mandela coins are especially popular right now, appreciating rapidly so my last tip is to get yourself at least one of the R5 range.

 

 

At topgrades.co.za you’ll find an online shop offering all kinds of coins, krugerrands and gold bars for sale. Products include South African gold coins, Nelson Mandela coins and old South African coins.

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