Gold Coins: Investment Basics – What, How and Where
Considering gold investment, why prefer coins/rounds over bars? Despite bars' lower weight-based premium, what makes coins a better choice?
Their popularity is most likely down to the fact that we’re accustomed to coins – we use non-bullion coins in every day life so it’s a concept we’re all simply used to
Gold bullion coins and rounds, designed for investment, are typically sold close to the market price due to tax benefits, making them attractive for investors.
Bullion coins are truly universal and can be bought and sold at close to spot anywhere in the world. They are compact, easy to carry and store, easy to hide
Gold bullion coins and rounds, designed for investment, are tax-advantaged and must be sold close to the market price due to legal regulations.
You need to weigh up savings at purchase versus anticipated savings at sale, but given gold has gained an average of 9% per year over the past 45 years.
Gold is a secure investment, and gold coins, widely accepted and abundant, are a safe choice for investors seeking security.
Gold coins are a special investment commodity and in order to be treated in a tax advantaged way in many jurisdictions they must be priced close to the spot price of gold.
In reality legitimate gold coins will always sell for more than spot due to the cost of mining, refining, minting, packaging, storage, insurance and transportation.
In the US, gold bullion coins are easily found at pawn shops, coin stores, and jewelers due to widespread coin collecting and the influence of the US Mint.