Typically, new coin collectors make mistakes. There are numerous general errors that are easily avoidable providing you know what you’re doing. Assuming that a collector is truly interested in correcting those mistakes, most can be remedied with a combination of time, money, patience and the will to learn to collect the “right” way.

If you’re in the market for Nelson Mandela gold coins, the Scoin Shop is the perfect broker for you. Collect and invest simultaneously with us, and experience the finest coins from some of the most popular ranges, including Krugerrands, International Coins and Natura Coins. Contact Scoin Shop today to find out more about our range of collectors gold coins for sale.

4 helpful hints when buying Mandela gold coins

Before buying your Mandela Coins from just anyone, take some time to read through the following tips. They're sure to help you in your pursuit for the ultimate coin collection.

Know the coin - Typically, new collectors pay too much for their coins. There is a big difference between paying 5-10% too much for a good condition, genuinely desirable coin, and paying 50% too much for a poor-quality, unpopular coin. Determining the true market value for coins is not easy. Making sure you know the true worth of a coin before making your purchase could save you future disappointment. Don’t be too scared to pay more for truly rare coins. As an example, if you pay 20% above market value for a truly choice gold coin, it's likely that you will be repaid when or if you eventually sell your collection.

Choose a reputable broker - Buying rare coins is not an easy task. If you don't have someone to assist you in picking the right coins at the right prices, you are likely to be taken advantage of. The solution is easy: choose a highly regarded, knowledgeable broker – such as the Scoin Shop - and establish a good relationship with them.

Avoid third-party graded coins – Some collectors buy un-encapsulated coins or third-party graded coins from devious dealers. With very few exceptions, coins that have not been graded by PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Corporation) are graded on a standard that is too tolerant. Many new collectors do not learn about the pitfalls of buying non-PCGS or NGC coins until after they buy inferior third-party graded coins.

Contact the Scoin Shop for more information on our range of Mandela gold coins for sale, or to learn more about the ease of buying gold coins legitimately.

Back to Mandela Coins / Medallions

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