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written by reader First day gold coins

By Anonymous Questions, October 24, 2017

when purchasing gold coins, are first day coins more valuable, like first day issue stamps?

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Travis Johnson, Stock Gumshoe

I’m not a very accomplished collector, though I dabble in gold coins sometimes and like to hold some pretty ones in addition to some plain old gold bullion coins. I’ve never heard of first day coins, though there was a push for a while to market “first strike” coins that were sold early in a coin’s mintage (that seems to have been a bit misleading, according to this blog post by a collector:

There are some special collectors item coins that may be packaged as “first strike” coins, and there may even be some that are “first day” coins, though I haven’t seen the latter. Sometimes those add value or make a coin stand out if it’s otherwise common, but in my experience what most collectors care more about is condition, preferably a high certified mint state (like 69 or 70, which is essentially a “perfect” condition that even most newly-minted coins don’t achieve).

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