Gold Bars or Gold Coins?
Which is the better way to invest in gold?
On this page they will assume that they are thinking about the choices for a bigger investor, although smaller investors will benefit by reading our advice also.
Gold Bars
For the serious & giant scale investor, gold bars are a simple & efficient way to invest in gold. The larger bars are usually available at the lowest premiums over their inherent gold value, smaller bars tend to cost more. There is a trade-off however, in that larger bars are not as flexible when it comes to selling. In the event you own a kilo bar, & you need to sell, say 100 grams, it is not simple to slice off finish of your bar. Your choice of buyer is also more restricted as you will need to sell to a bigger dealer, it is unlikely that you will discover a private buyer as most people are not familiar with gold bullion bars.
Gold Coins
It is sensible to think about modern ounce gold bullion coins as being ounce circular bullion bars, guaranteed by a government than a refiner.
Because coins are mass produced, & very effectively so, they are available at very competitive prices compared with similar size bars.
Because gold coins are very universally recognised, they are also simple to resell.
Which is the better way to invest in gold?
On this page they will assume that they are thinking about the choices for a bigger investor, although smaller investors will benefit by reading our advice also.
Gold Bars
For the serious & giant scale investor, gold bars are a simple & efficient way to invest in gold. The larger bars are usually available at the lowest premiums over their inherent gold value, smaller bars tend to cost more. There is a trade-off however, in that larger bars are not as flexible when it comes to selling. In the event you own a kilo bar, & you need to sell, say 100 grams, it is not simple to slice off finish of your bar. Your choice of buyer is also more restricted as you will need to sell to a bigger dealer, it is unlikely that you will discover a private buyer as most people are not familiar with gold bullion bars.
Gold Coins
It is sensible to think about modern ounce gold bullion coins as being ounce circular bullion bars, guaranteed by a government than a refiner.
Because coins are mass produced, & very effectively so, they are available at very competitive prices compared with similar size bars.
Because gold coins are very universally recognised, they are also simple to resell.