Answer
Mar 18, 2025 - 08:51 AM
Thank you for your question! “Low Premium” (LP) is a standard grading term used for circulated gold coins and refers to coins that have considerable wear, cleaning, or damage — such as being heavily circulated. These coins are priced with a lower premium over spot due to their condition.
As noted in the product description, LP coins are great for buyers focused on gold content rather than collector-grade appearance. If you’re looking for coins in higher grades, we offer a variety of options across different conditions.
If you have any further questions, feel free to contact us at 1-800-974-3121 or visit monumentmetals.com — we’re happy to assist!