What kind of gold should I buy?

Discussion in 'Bullion Investing' started by Ginger1, Dec 18, 2010.

  1. Ginger1

    Ginger1 Member

    We probably get that question more than any other -- pretty much on a daily basis. The answer, however, is not as straightforward as you might think. What you buy depends upon your goals. We usually answer the "What should I buy?" question with a question of our own: "Why are you interested in buying gold?"

    If your goal is simply to capitalize on price movement, then bullion coins will serve your purposes. If you are interested in long-term asset preservation and you have additional concerns about capital and/or monetary controls -- a more complicated scenario -- then you might want to include the lower premium variety of pre-1933 European and American gold coins in the mix. These have been treated by the U.S. government since the 1930s as historical items, and, as a result, afford the privacy-minded investor a greater degree of safety than gold bullion.
     
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  3. webstandardcss

    webstandardcss New Member

    Ginger, Would you be willing to tell me how can historical coins protect your investment in ways that bullion cannot?
     
  4. Ginger1

    Ginger1 Member

    Thanks webstandards! I have my finding on historical coins very interesting. A coin’s or jewelry’s value increases as their rarity or historical relevance increases. Antique and modern jewelry are considered sound gold investments. Experts can give advice regarding which gold coins or gold jewelry will gain the most value over time.
     
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