It’s Good to Invest in Gold Bullion Coins
It’s Good to Invest in Gold Bullion Coins
According to some market gurus investment in gold bullion coins is one of the wisest decision that you can take. By definition these coins are meant for investment and not for circulation and also not for their numeric value. The essence of these coins is in the gold value along with the premium which when added up comes to quite an interesting amount that cannot be ignored. Though the value is affected by many factors it is generally about $ 30 per gram. Also if you invest in gold bullion coins you can be sure that you will get good return unlike other investments.
Though there are various methods of investments and there are other metals that you can consider like platinum, but the gold bullion coins have gained popularity over the others as they add to the collector’s value. The coins are 99.9% pure and only a limited number are minted every year. So it is all together that lend the coins value; the value of the gold and the limited availability, all play important part in deciding the value of the investment in the future. This is a very important deciding factor because even if the gold prices fall out, gold bullion coins will retain their value owing to being rare and limited.
It should also be noted that investing in gold bullion coins has both ways profit. So they will naturally sell off at a much higher price than the value of the gold because they have a face value. So if the value of the gold in the coin is $ 200 then the coin may sell off at $ 2000! So you can well imagine what a wise investment it is! Even if the gold value falls out then also you will have a substantial profit, much better than the other investments. In this way the bullion coins are a better investment option than the gold bars as the gold bars do not have a face value.
It is to be noted that investing in gold bullion coins is the smartest idea but certain countries have some regulations regarding the investments. There are certain retirement programs which will allow you to store the coins while others won’t. Also these coins need to meet the standard of 99.9% purity and not of any other standard. It is better idea to collect the proof coins which have a higher premium value depending on the finish. The grades vary according to how perfect the coins are. The MS-70 coins are the perfect ones and have excellent face value.
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just need websites that are reputable to buy gold/silver bullion or collector coins. i’m just worried of coins or bullion being faked. how do i know its real gold or real coins?
Gold Group Prices bullion coins IraGoldProof.com are surging global worldwide how come? Global Gold Group’s have gold coins gold bullion gold maple leaf gold to Ira and 401K so what does that do?
Which banks sell, or is there a coin dealer with a good rep?
Anyone know of a way to ensure bullion coin is really what the dealer says without having to do an assay yourself? Is there some organization that certifies the legitimacy of gold dealers? Or do you just have to go by the companies’ general reputation and Better Business Bureau reputation? (A lot of the big name gold dealers have pretty bad BBB profiles!
)
With the continued devaluation of the dollar resulting in the rise of precious metals prices, I’m considering purchasing some silver to act as a hedge to preserve my own buying power. I chose silver over gold because it’s cheaper and also actually is more scarce than gold, since gold is bought and hoarded while silver is bought & consumed (for electronics and other industrial uses). Is this a good investment? If I invest, it will be in physical bullion, probably in pre-1964 silver US coins, which have 90% silver content.
Hi, I know nothing about coin collecting, advice is appreciated! From the little I’ve read, I’m wondering if its smart to buy gold bullion coins from a reputable dealer. Is it easy to make a profit over the years if I slowly buy them? How exactly do I profit, by reselling them to a dealer eventually?
Anyone know of a way to ensure bullion coin is really what the dealer says without having to do an assay yourself? Is there some organization that certifies the legitimacy of gold dealers? Or do you just have to go by the companies’ general reputation and Better Business Bureau reputation? (A lot of the big name gold dealers have pretty bad BBB profiles!
)
I understand gold bullion coin prices fluctuate with the price of gold, but do they rise in value independent of gold prices?