Article by The Jewelry Review.
One of the most important things about collecting coins is the idea of coin value, or the monetary value of the coin – whether this is based on what the coin is actually forged from, or what is printed on the face of the coin, there are distinguishing features of a coin that allow its value to be easily determined, even to the inexperienced eye. If you are looking at something like gold bullion, then it may be harder to distinguish value, because these different types of forged gold items are not always the same size, nor do they almost ever have the same amount of significance.
The majority of gold bullion is valuable only because of the circumstances of the particular pieces – some come from shipwrecks of ships carrying a large amount of gold, silver, and other precious metals, and some comes from valuable caches of minerals that are found in tombs of highly ranking officials in Europe, Asia, and Africa.
These types of minerals are often harder to price than things such as morgan silver dollars, which have an obvious value, and can generally be easily determined, even by the most inexperienced of coin collectors. These people are able to recognize key features on the face of the coins that allow them to distinguish obvious changes in value of the coins – from mint condition, to poor condition, and everything in between. To tell the condition of certain precious metals, the detailed reviews might be different, and the people who judge them are often experts.