￼How invest gold coins
Bullion coins are made in large quantities and are available in different formats - usually ounce, half, one-quarter and one-tenth ounce. Their content - that is, the weight and purity of the precious metal it contains - are guaranteed by governments that produce them. They also provide legal tender in their country of origin, but they are actually valuable market for their precious metal content. South Africa introduced the first investment coin bullion - Krugerrand - Gold in 1970. Since then, many other countries have begun to produce its own set of gold, silver, platinum and even precious metals coins, including Canada Maple Leaf, Australian Kangaroo, Austria Philharmonic and the United States eagle, to name a few. To better understand the nature and function of the bullion coin is a coin that is evaluated by weight in a precious metals. Unlike commemorative or numismatic coins worth a limited edition, rarity, condition and age, bullion coins are purchased by investors seeking a simple and tangible means to own and invest in gold and silver markets and platinum. The bullion coins are referred to as "non-circular coins" because while they are bought and sold on the market of precious metals on a daily basis, they do so at values that reflect the precious metal content of raw materials, and they do not really work in a nation. Today, bullion coins are widely marketed as a form of raw material of precious metals through a worldwide system of distributors and dealers and their market values are promoted globally on a daily basis. Although due to mint legal tender their governments, market trading of bullion coins at a modest premium over the prevailing value of their content precious metals, typically 3-12%, depending on the size of the coin. the price of gold bullion coins are based on investment-grade physical gold market price. Today coins gold bullion are typically 22k to 24k, with a level of 90% or higher than the content of gold.
How invest gold bars
If you want to protect yourself against inflation, deflation, stock market weakness and potential currency problems in other words, if you want to hedge financial uncertainties, there is only one portfolio item that will serve you in all seasons and under most circumstances you choose gold bullion. Make sure you do your homework on the company with which you choose to do business, and make sure that the gold ownership vehicle you choose gold bar. One of the big reasons why you should own gold bars is its sizing flexibility. Usually, when it comes to gold bullion and gold bars, people think about those classic bricks of gold. Now bars are presented in a sealed protective assay package and accompanying assay card lists the weight, authentication and actually many different standardized sizes of gold bars. Picking the right size lowers the assay and storage costs of your gold. With that said, make sure to pick the right size. Bars are usually issued with certificate sand they are typically produced in 24 carat (999 or 0.9999 fine). Newer bars come in sealed packaging and are presented attractively when buying larger sizes, the premium on bars can be significantly lower than coins as the production costs are lower. For example: 1 Kilo bar is more economic to produce than 32 ounce gold coins or 137 gold sovereigns with lower premium. The typical London Good Delivery bar of bullion weighs 400 troy ounces - about 12.4 kilograms - and is about eleven inches long. It is stamped on the top (the bigger face) with the manufacturer's name, the weight, and the assayed purity. The minimum purity required is 99.5% gold. These bars must be stored in recognized and secure gold bullion vaults to maintain their quality status of Good Delivery. Gold refiners earn LBMA Good Delivery certification after a stringent assessment process making LBMA-approved bullion the highest quality on earth. Considered the global standard of excellence in gold purity, the certification takes place prior to sale on the LBMA exchange.
￼How invest gold coins