Rare Gold Coins, the numismatic value

The discipline that deals with the scientific study of rare gold coins is numismatics. Numismatics studies the coin in its entirety, starting with its history, artistic value and market value; it also deals with the study of many other aspects concerning coins, such as provenance, history, economics, metallurgy, use and different production processes, different for each mint.

Not surprisingly, even the earliest coins, commonly referred to as primitive coins, used in antiquity are rightfully part of the study of numismatics.

Rare gold coins: curiosities

The highest level of rarity and value grading are the 'proof' coins.

These are coins issued in extremely limited editions and, above all, processed with great care (with a mirror background), which are usually offered for sale in prestigious boxes.

The first known proof coins were minted in silver in 1662 in England. At first minted only on special occasions, such as the ascent to the throne of a new ruler, it became customary to use them as gifts for important foreign dignitaries and finally, to this day, they are issued by all mints around the world.

Another curiosity concerning coins, rare or not, is the reverse of the coins.

As a rule, all coins have both sides with the reverse mintage, i.e. if we turn a coin on its vertical axis (i.e. hold it between two fingers and turn it sideways) we will see that, almost always, the figure that appears to us is upside down. We have said 'usually' and in fact the inverted axis, at 180°, is defined as 'coin-like' (or also 'French-style') precisely to distinguish it from the 'medal-like' (or 'German-style') where instead the two faces are at 0°.

There is, however, no precise rule, it depends on the coin: if we examine the South African Krugerrand we see that the two sides have the same direction, if we instead take the American dollar we realise that the coinage is reversed.

Numismatic gold coins: how to determine the price

There are two factors that determine the market value of a rare coin

• rarity
• the state of preservation of the piece

A coin can be defined as rare when only a few pieces of that specimen have been produced.

For example, let us consider an old coin of which one million specimens were minted, in which case it cannot be said to be rare. Conversely, if only 100,000 pieces of a coin have been minted, it is indeed a rare coin. Due to the limited number of pieces in existence, this coin will also have a different market value.

However, it should be remembered that some special events and factors can significantly increase the value of a coin produced in considerable quantities, because it would still be rarer than others. The most common of these are the withdrawal from circulation and the remelting of already minted pieces.

The other factor contributing to the value of a rare coin is its state of preservation. A gold coin that is in poor condition will certainly fetch a lower price than the same type of coin preserved in excellent condition.

Why buy a rare gold coin

Rare gold coins in the OroVilla store are unique and sought-after pieces to add to a collection or an investment portfolio.

Gold has always been one of the safest precious metals for investment and has proven to perform well even in times of conflict or economic instability.

Gold in coinage represents a de facto cash reserve to be used in times of need. The rarest gold coins

• are an important and safe investment;
• have a high numismatic value;
• they represent a cash reserve.

One might ask whether it would be worthwhile to buy a numismatic coin. Certainly, these kinds of coins are those normally sought after by collectors for whom price takes second place, but even if one were to limit oneself to considering the cost, they are surely destined to increase in value even more with the passage of time, and so it would certainly be a good deal to own one.

Gifting a numismatic gold coin

Gifting a rare gold coin is certainly an impressive choice. It is an important gift, suitable for major life milestones such as a wedding or christening, retirement or graduation.

But not only that, a rare gold coin represents a valuable form of investment for the future. Gold coin, in fact, not only does not lose its value due to inflation or economic, social or political crises, but increases its value over time. This is why physical gold has always been the safe haven asset par excellence. In times of great financial and political turbulence, gold is the financial asset people bet on and invest in to preserve their wealth and defend their purchasing power from inflation.

The purchase of a gold coin, according to Italian law, is exempt from VAT as it is investment gold.

How to sell rare gold coins
You can sell and liquidate rare gold coins at any time. Orovilla buys investment gold coins: all common gold coins, coin collections and rare and collector gold coins. At the time of purchase we appraise the coins, check them carefully for gold content, authenticity and condition.

The possibility of selling physical gold in any form and state of preservation, at any time and place, is just one of the advantages of gold over other forms of investment.