Awareness about how to invest in gold coins could offer you diversification in your investment profile. The knowledge offers an ability to increase your collection.
Since there are multiple ways a gold investor can think of, this could cause confusion. Here we would like to discuss about various options available in Gold coin Investment which will help you to decide and proceed with a decent knowledge for investment.
1. Gold Bullion Bars and Ingots
Whenever people hear about Gold Bullion bars they imagine big gold bars stored in vaults, kept in large safes. The reality is gold bullion bars are available in different sizes. The size or weight which suits an investor he opts the same. Typically gold bars are measured in troy ounce. Some of the common sizes gold bars are are 10, 100 troy ounce onwards.
Gold vendors sell gold bars as per the percentage for the gold price. This means smaller gold bars cost higher premium for an investor. Small gold bars are generally the preferable choice for organizations looking for bigger gold investment. Not the biggies but Small investors are also buying gold.
2. Bullion Gold Coins
There are many strong reasons to own gold that is why government bodies and even private organizations make gold bullions in a round shape just like a coin. These are intentionally mint for investment, So these only appear as coins and carry no monetary value. The value of such gold coins is only because of the yellow metal content in it , not because of government’s acceptance. So they cannot be released for circulation in any Country’s economy. Gold coins weigh from 1/25 troy ounce to bigger sizes as 5 troy ounce.3. Common U.S. Gold Coins
One of the more famous ways to invest in gold coins is to find and purchase U.S. Gold coins made in or before 1933. Since that period gold coins were available in the economy for circulation. However due to some reasons President called back all gold coins to return. Many gold collectors still did not returned their coins to the government and are still available in the market for gold coin collectors.4. Modern U.S.A. Commemorative Gold Coins
In the year 1982 the U.S. Government resumed their routine coin program. After that in 1984 a gold coin was created as a mark of 13th Olympiad games in Los Angeles. However such coins were not intended for circulation and does carry high numismatic value. The U.S.A. Mint continued to release such coins as many other sports event carried out afterwords. Those who are interested in commemorative Gold coins can directly purchase it from the United States Mint.5.Foreign Gold Coins
This could be surprising to some reader that foreign origin gold coins are available in the market and can be selected as investment. Such gold coins are still available in circulation but difficult to find from gold dealers. Still keen coin collectors can find ways to discover such Foreign gold coins. The rarity causes dramatic variations in the prices. These gold coins belong to countries like Mexico, Britain, Austria and many other. gold coin investment is a profitable deal so before purchasing such coins one needs to enquire from an expert on foreign coins.6. Rare U.S. Gold Coins
An naive investor needs to be aware about the fact that there are many coins that have lower mintage values but higher demand among collectors. As a result these coins carry high numismatic premiums above the real value of metal contained in these coins. In one of our earlier posts we have listed top 10 rare gold and silver coins for investment, the list could be helpful for you to select the rare gold coin you are looking for.