What does proof condition mean in relation to gold coins?

March 20, 2010 by · 4 Comments
Filed under: Questions 

I see a gold coin on Ebay for twice what mine sold for
It was graded as proof .69 and sealed by the grading
company. What does proof mean?

Proof Gold Eagle Coins Ending Soon on eBay:
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US $149.95 (0 Bid)
End Date: Saturday May-19-2012 8:52:15 PDT
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If I have a 1-oz Gold Eagle coin, and it isn’t in very good condition, is it still worth the price of gold?

November 21, 2009 by · 6 Comments
Filed under: Collecting Gold Eagles 

Or would it be worth less? Does it have to be in mint condition to be worth the spot price?

Thanks

1910 $2 1/2 Indian Head Gold Coin Quarter Eagle--Please Grade
US $342.00
End Date: Saturday May-19-2012 6:00:58 PDT
Buy It Now for only: US $342.00
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