“Generic” or “Common dated” coins have a random date for the type of coin chosen. Even so, there are a limited number of these coins. Before 1933 gold coins were used in common circulation, reducing the number of high quality specimens. After 1933 these coins were recalled, and for a time an Executive Order declared it illegal for US citizens to hold gold. Many of these coins were melted into bar form. The result is only a fraction of the coins minted have survived in the grades listed here.
The value of a commodity is related to its condition and supply. While the values of these coins are partially dependant on the price of gold, common dated investment-grade coins offer an advantage over bullion because of their rarity. An ounce of gold bullion has no advantage over the millions of other ounces of gold in the world. However, coins with history and rarity can have a significantly higher value during times of high demand. There have been many times in history where investment-grade coins have outperformed bullion, making investment-grade coins an important part of a diversified portfolio.
All coins MS61 or higher have been certified by either NGC or PCGS. In our opinion the two most reliable and trusted independent coin certification companies. Contact us for a more personalized counseling regarding which coin sets are most likely to meet your individual portfolio goals.