Gold Coins Vs Bullion

Numismatic coins a common question from novice investors of gold and silver is what in the heck is the difference between a bullion and a numismatic coin.

Gold coins vs bullion.

So if you are thinking about moving your gold bullion abroad i suggest steering clear of 22k gold eagle and gold krugerrand coins. Certified gold coins when compared to bullion coins certified gold coins can provide precious metals owners a way to minimize risk and maximize reward over a longer period of time. Gold bar sizes both private and government mints make various sized gold bars and gold coins respectively. If you are going to use 24k gold bars i suggest buying government issued bars.

The most common gold coin size remains one troy ounce 1 oz while the international exchange standard gold bar is no longer the old 400 oz gold bar central bank standard but the lbma approved 1 kilo gold bar exchanged on the shanghai gold exchange the world. The common perception is that rectangular bits of gold bars are the most cost effective and perhaps the only available form of gold bullion. The same thinking has it that round bits of gold coins are not really gold bullion. 1 800 gold ira 465 3472 gold ira.

Basically this is a misunderstanding of what gold bullion is. The most popular gold bullion coins include gold american eagle coins gold american buffalo coins canadian gold maple leaf coins and south african gold krugerrands. Unfortunately unscrupulous precious metals dealers may exploit this ignorance to steer customers in the wrong direction forcing them to spend more money for lower quantity. Uncirculated and proof coins constitute an alternative for bullion gold or silver bars.

Often times people invest in bullion coins for the sake of collecting coins. American bullion dives into gold bars vs coins to determine which is the better option. Generally the easiest bullion gold products to transport internationally are government issued 24k gold coins. Both types of finishes contain the same amount of precious metal content and therefore are still viable options for investors who wish to buy gold and silver.

Investing in gold can be a wise option to balance out your portfolio. While still somewhat tied to spot gold prices gold coins have some advantages that bullion simply doesn t have including being a much stronger and a more stable performer than bullion was in 2013. In terms of gold coin vs. The current price of gold bullion is usually published daily both on the internet and financial publications.

American bullion dives into gold bars vs coins to determine which is the better option.