Invest In Gold Coins With Confidence With the Help of Gold-Coin.com
When you decide to buy stocks or real estate, you don’t always purchase the least expensive security or piece of property, and the same is true when you invest in gold coins. Although some gold coins trade for as low as 4% over the live gold spot price (now at $1127.80), the least expensive way to buy physical gold is through gold bullion bars produced by reliable manufacturers such as Johnson-Matthey, Engelhard, and Credit-Suisse. If you would like to invest in gold coins, you should understand that the per-ounce premium you pay for coinage will always be higher than that of a bullion product.
Gold bullion coins trade for 4-13% over the gold spot price, and some of the least expensive gold bullion coins are the South African Krugerrands and the Canadian gold Maple Leaf coins. The American gold Eagles are very popular around the world, and they trade for about 6-8% over the gold spot price, depending on the dealer you invest through and the volume in which you purchase. Coins from China and Austria usually carry the highest premiums, although all of the aforementioned coins still trade close enough to the spot price to be considered bullion. This is significant to American investors because gold bullion is the asset that our government historically took to shore up the US dollar during the Great Depression.
Many economists fear that our economy will begin to decline sharply yet again in 2010, as government funds wear thin and inflation saps our spending power. If our government needs to ensure the dollar’s future, another bullion confiscation could wipe out the financial and security-oriented expectations of millions of gold investors. If you would like a more private type of gold that has a historical pattern of performing better financially (over 2:1 over the last 20 years and almost 3:1 over the last three years) for investors who hold longer than 14 months, do a little research on certified gold coins.
If you invest in gold coins that meet your specific needs and expectations, you can avoid a lot of the headaches and hot water that some investors have experienced in the past. Feel free to call or email us if you have any other questions before you invest in gold coins, and don’t forget to pick up one of our free investment tutorial guides below.
Michael Williams
Senior Staff Writer - Gold-Coin.com
