What's everyone opinion on this? I've always been told that coins are better because they are harder to fake but is that still true? Is a naked Krugerrand always better then a Gold bar from a private mint that's in a assay card, as far as how easy it would be to resell.
Gold bars are usually bought by people who simply want to invest in gold and do not care about the collectible value of coins. One of the advantages bars have over coins is a lower premium over the market price. Coins are another common way of owning gold. A lot of people prefer buying bullion coins like the American Gold Eagle or British Sovereign instead of bars. One of the advantage of coins are they carry a smaller risk of forgery. Buy gold bullion online
I have the same view. silver bars are fine with me but in gold I want coins. gold bars sealed in cards with serial # are OK but too clunky to store in a small space.
I can only reiterate what the others here have said. Coins by their very nature incur a premium due to value some people place on them as collectibles. I prefer to avoid all the fluffy stuff and stick to gold & silver bars and maybe some American Gold Eagles via one of these gold dealers for the simple fact that it's easy to place an accurate value on them and everyone knows what they are. I've had difficulties in the past trying to sell some rare gold coins and subsequently found I got ripped off...
Like the others have mentioned, it's a trade off between premium and fungibility. The AGEs have a higher premium than a plain vanilla bar minted at Joes Mint and Whoopy Parlor, but you can almost sell an AGE at McDonalds. Selling the gold bar would be harder. The other factor here is collectibility vs. bullion hoarding. If I'm strictly making a bullion investment, I want to minimize premium and am not really concerned with attractiveness. If I want to collect gold/silver I can do so in many ways with coins. peace, rono
