Showing posts with label buying gold. Show all posts
Showing posts with label buying gold. Show all posts

Wednesday, May 13, 2009

Can You Buy Gold Online?

The simple answer to this question is yes, yes you can. But you need to know the right place in order to purchase safely. No one enjoys getting ripped off and it can be even worse when its hundreds or thousands of dollars being invested.

Of course you should be sensible about investing in gold and make sure that you are dealing with a reputable dealer and you know what you are going to buy. Consider if it is the right price and the right type for you.

Follow these guidelines for buying gold online.

Make sure you know what type of gold you want to invest in. Do you want to buy gold coins? Gold bars? Gold nuggets?

Make sure you know how much you can spend on your purchase. It can be easy to overspend especially when there's shipping and insurance costs.

Finally make sure you know who you are dealing with. You want to buy from a reputable dealer. There are many of those but there are also many who would take your money and give you nothing in return.

Buying Gold Coins

If you're looking to invest in gold you have several options. Gold bullion is the most common type of gold to invest in and it usually comes in bars, nuggets, or coins. Gold coins can be a great investment as they will always be valuable. I myself own several coins and bars and not only do they look great buy its a solid investment.

Common gold bullion coins include the:
  • U.S. Eagle
  • Canadian Maple Leaf
  • S.A. Krugerrand
  • Australian Kangaroo
  • Austrian Philharmonic
  • Austrian Corona
  • Mexican 50 Peso
All these coins can be an excellent investment. Pick a reputable dealer and if you want to purchasing at an auctions, don't unless you're experienced. You can get ripped off without even knowing it.


If you already have some coins and you want to expand you should try one of those listed above. Of course if you want to sell gold coins, you should find a sell gold coins guide.