Gold Investing 101



Gold prices rose over 350% between the years 2001 and 2010. This price increase was caused by investment demand for gold to increase dramatically. Investing in gold coins is usually considered safer than buying gold stocks or mutual accounts because the price of gold remains largely unaffected by economic and political instability, and is usually determined solely by supply and demand.

Types of Gold Coins Investment

Most experts advise buying gold coins instead of gold collector coins. Bullion coins are the precious metals in bulk form that are traded in markets roba.Vrijednost of coins determined by their weight and purity. Thus, the higher the money that the higher the fineness will always be worth more money. Bullion coins are very different from the collector or numismatic kovanice.Vrijednost these coins depends on their rarity, design and finish. Collector coins are produced by individual companies, and often come with very high prices.

Karen Aho, a writer for MSN Money, explains that people should look for companies that sell expensive collector coins. Some of these companies make false claims, such as "government can not revoke a collector coins" to influence you to buy their money.

Bullion coins are produced by many countries, including Australia, France and Malaysia. However, most investors typically buy coins produced in the United States, Canada, South Africa, China and Austriji.Informacije about these coins is as follows:

American Gold Eagle is minted in.9167 pure gold, which is equivalent to about 22 karatima.Novac is sold in sizes from 1 / 10 oz, 1 / 2 oz and 1 oz and can usually be purchased at a premium of 6% more gold spot price.

Canadian Gold Maple Leaf is minted in.9999 gold and can be purchased in sizes from 1 / 20 oz, 1 / 10 oz, 1 / 4 oz, 1 / 2 oz or 1 oz. This money can usually be bought for 5% more than the spot price of gold.

South African Krugerrand comes in only one size of 1.0909 Troy unci.Novac made ​​from gold alloy that is 91.67% čista.Premiju the Krugerrand is among the lowest of all the national money at 4% above the spot price.

Austrian Philharmonic is 24 karat and products of 99.9% zlata.Novac is offered in four different weight in the range from 1 / 10 oz to 1 oz.Premija for this money between 5% and 7% above the spot price.

Chinese Panda is made of 99.9% gold and is offered in five different sizes: 1 oz, 1 / 2 oz, 1 / 4 oz, 1 / 10 oz and 1 / 20 oz. Any money is issued with a legal tender value of 500, 200, 100, 50 and 25 years.

Bina Brown, a writer for CNN, says that bullion coins produced by different countries around the world are often sound investments. She says that these coins are "immediately recognized around the world and any coin dealer should be happy to buy them on the spot at the current price ."

Where to buy gold

Barry Stuppler, president of the metals distributor Stuppler & Co., suggests exercise great caution when looking for any gold dealer. He explains that it is best to consult someone who is a member of the Professional Numismatists ceha.Stručni Numismatists Guild (PNG) is a nonprofit organization that many of the world's top metal experts belong.

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