Should I Invest in Gold Bars or Gold Coins?
Whether you’re new to bullion investment or not, deciding whether to invest in bullion bars or bullion coins should take some consideration. Before making this decision, it would be advisable that you conduct your research as there is no definitive right or wrong answer, it will vary depending on the needs and circumstances of the individual investor. However, as when making any other investment there are
The premium is the additional cost charged above the gold spot price attributed to manufacturing costs, handling, packaging, insurance, and shipping. Reputable bullion dealers charge investors very small percentage premiums in a bid to be competitive, however, they are unavoidable as even bullion dealers have to buy gold above the spot price. The most effective way to keep premiums at an absolute minimum is to
Most investors buy gold bullion with the intention of preserving wealth and making a return on their investment. Where the larger unit size gold bars or silver bars offer the best value when buying, they do not necessarily represent the best value when it comes to selling your gold or silver at a later date. Smaller unit gold bars such as the 1oz, 50g and 100g bars, and in
Over time, individuals often want to change the balance of their portfolios, for example, an investor may have 20% of their liquid wealth held in a
Popular gold coins include the famous South African
Small Investors and First Time Investors
It is advised that small and
For silver investment, there
With individuals looking to invest large amounts of money in gold bullion, the decision is less complicated as it’s important to get the very best value for your money to
It is also advised wealthy investors hold a selection of gold coins in addition to bars. Buying Buffalos will demand a slightly higher premium than buying larger gold bars, however with their small size and global reputation Buffalos are an extremely flexible investment and will be very easy to sell when you
Bullion coins, with particular reference to gold bullion coins, have in the past demanded additional premiums depending on market factors at the time. A fine example of this was in the 1960’s there was a
Storing Bullion Bars and Coins
Whether you are investing in one 1 kilogram gold bar or approximately thirty 1oz gold coins, the gold size and mass would be near identical, however, one would be easier and more convenient to store than the other. The kilogram gold bar is a single unit, therefore, you would be confined to storing it in a single location or deposit box or part of your home. However, with the thirty 1oz coins you have the ability to split your investment, for example, ten in a deposit box at your bank, ten in a family member's safe and ten hidden around your home, therefore physically having them to hand.
If you have a small investment, then you may not have access to a deposit box, therefore simply storing your bullion creatively within your home may be the best option. However, it is worth noting silver bullion, due to its value being substantially lower than that of gold, is much more difficult to store than gold.
Here at BullionByPost, we encourage our customers to opt for the bullion products which offer the very best value for money for your investment, therefore obtaining the highest intrinsic value of gold and silver for your budget. The best way to buy gold ultimately depends on your individual situation. This is all about personal preference and circumstances, taking into account all factors.
If you have any questions about gold bullion investment, please feel free to contact our knowledgeable and friendly team toll free on
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Why Buy Gold from Us? | Should I Buy Gold and Silver?