Gold Bullion Or Gold Coins

Novice investors should be enlightened that effective precious metals investing means thorough evaluation of his or her own, specific, individual financial needs and expectations. Once those long-term and short-term needs are objectively identified, then investors can investigate various choices, like choosing gold bullion or gold coins.

A minimal amount of research will uncover that gold coins are actually a form of bullion, along with bullion bars. Bullion has no numismatic value, so bullion prices are normally just above the current gold spot price, which is the cost of one Troy ounce of pure gold. Bullion bars are a bit more affordable than bullion coins though, due to their more simplistic minting. Bullion coins are exponentially more affordable than rare coins, and although they have no numismatic value (which generally appreciates over time), they still have long-term benefits, as U.S. government approved IRA contributions. So when investors consider a question like gold bullion or gold coins, they might be better served to consider how to diversify between gold bullion and gold coins.

The U.S. government approves 24-Karat bullion bars with reputable names like Engelhard, PAMP Suisse, Credit Suisse, and Johnson Matthey. 22-Karat, American Eagle bullion coins are the only acceptable 22-Karat coins for gold-backed IRA’s, along with the following 24-Karat coins;

AMRICAN BUFFALOS, CANADIAN MAPLE LEAFS, AUSTRIAN PHILHARMONICS, AUSTRALIAN KANGAROOS, KOALAS, and LUNAR COINS, as well as CHINESE PANDAS.

Investors with questions about choosing gold bullion or gold coins, are encouraged to contact one of our friendly specialists, who offer world-class consultation on bullion bars and coins, as well as institutional discounts on both types of bullion.

Danny Burns

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