Gold Coins, Silver Coins And Bullion Bars: Why Invest

By Author: Goldde Royale
Total Articles: 23
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Gold and silver coins are becoming increasingly popular forms of storing wealth. Investors keen to own secure assets have long been turning to gold bullion bars and coins as a sound investment, and as precious metals are a currency that can be used anywhere in the world, they are an effective buffer in times of financial crisis.
Coins are a common way of owning gold and silver. Bullion coins (as opposed to rare or antique coins) vary in price according to their weight – some common types include the Chinese Gold Panda, French Napoleon, British Sovereign, American Gold Eagle and Australian Gold Nugget.
Common silver bullion coins include Chinese Silver Panda, American Silver Eagle, Australian Silver Kangaroo, British Silver Britannia and Canadian Silver Maple Lead. Silver ‘rounds’, which are slightly different to bullion coins, usually have a set weight of 1 troy ounce (just over 31 grams) and a purity of 99.99% silver. Unlike silver bullion coins, which can be used as legal tender, silver rounds have no face value.
Coins and rounds can be purchased from dealers, who have links with a number of manufacturers ...
... or refiners, or from the manufacturers themselves. Unfortunately, fake gold coins, which are usually made from gold-plated lead, are not uncommon, so it’s important to make sure you are dealing with a reputable trader or manufacturer.
The London Bullion Market Association (LBAM) operates an accreditation scheme which is awarded to certain refiners and guarantees the quality of the gold they produce. These guaranteed manufacturers usually produce gold that is 99.99% pure, and which is easy to re-sell because of its demonstrable quality.
Some investors prefer to deal with ETPs (Exchange-Traded Products), which operate like shares, and save the inconvenience of storing actual gold bars or coins. However, these ETPs carry risks that the physical metal just doesn’t have.
Trading in gold ETPs usually comes with a commission charge and storage fee, which means the amount of gold in each certificate decreases annually. Physical gold or silver bars and coins, on the other hand, increase their value over time.
There are hundreds of dealers experienced in trading with gold and silver coins. Whether you’re a first time buyer or long term investor, dealers can help choose the right investment option for you by providing information about the latest developments in the gold and silver market and through their links with reputable manufacturers.
About Us
Gold De Royale is Australia’s leading online bullion store for precious metals. The company sells world-renowned gold bullion bars, silver, palladium and platinum bullion, exclusively from refiners recognised by the London Bullion Market Association (LBMA). The company can ship orders anywhere in the world. Find out more at http://goldderoyale.com.au.