Generally speaking, yes, Gold proof coins are usually worth more than regular gold bullion because investors and collectors are guaranteed a coin without scratches and a limited number of proofs for the given year.
Gold proofs are minted in less numbers than their regular bullion coin counterparts. It’s this rarity that can cause proof coins to rapidly increase in value far and above the other regular bullion coins. This is due to the demand investors and collectors have for proof coins.
As GoldPrice.org explains, “so while the price of gold may rise, it is likely that proof coins for collectors and investors alike will rise over and above the price of gold which means that the question, are gold proofs worth more than gold bullion would very likely be yes.”
But Are Gold Proof Coins a Good Investment?
There’s a better question. While it’s true that gold proof coins could rise in value faster than regular gold bullion coins, it doesn’t mean they’re a better investment. The long-term investor needs to look at the future to determine the better investment. Will regular gold bullion preserve wealth in the long term? Most likely. Will a 1996 American Gold Eagle Proof Coin continue to be in demand in a few years? It’s a harder question to answer, but let’s just say the long-term investor doesn’t need to speculate on proof coins. Unless you’re a collector, the better investment is just the regular, old gold bullion coins.