Wednesday, September 16, 2009

Buy Gold Coins Or Bars?

This is a common question among those new to buying gold. The truth is that there is not an easy answer. It really depends on why you need to invest. Also how much you are willing to spend. Bars in general are for those with a substantial amount to invest. They come in 16 ounce bars which is around 1k dollars per ounce today. That is no small number for most of us. On the other hand you can get coins for a much smaller fee and amount.

There is also the matter that classic coins can increase in value over time due to rarity. But coins can also decrease due to the same reasons. But it will never go below the gold content value.

So should you buy gold coins or bars? Just make you own mind up about it based on your own unique needs.

No comments:

Post a Comment