In all honesty, you should buy as many gold and silver coins as you can afford right now because prices are rising fast and for a very good reason-silver and gold are always a true store of value.
For centuries, investors around the world have used gold and silver coins to build a lasting investment. However, making your first purchase can be intimidating due to the overwhelming amount of information available about each coin. In order to firmly plant your financial feet in one of the most reliable ways to invest, understanding the basics of gold and silver coins is crucial.
With the basic descriptions available on this website, you will get past the nervous feeling of spending money on gold and silver coins. With your fears put to rest, you can go on to make a solid investment in your financial portfolio that you will not regret.
10 Best Places To Buy Gold And Silver Coins Online
Bullionstar is a Singapore-based bullion dealer allowing its clients to be in control of their bullion transactions with full transparency.Bullionstar offers a broad range of precious metals prioducts such as gold, silver, platinum and numismatic coins.
Visit Official Site: BullionStar
BullionStar was founded in 2012 when the GST (VAT/tax) was removed for gold and silver bullion in Singapore. The founders all have long experience from starting and running multiple other bullion dealers such as the leading firms in Estonia and Sweden (Liberty Silver Sweden and Liberty Silver Estonia).
BullionVault lets private investors around the world access the professional bullion markets. You can benefit from the lowest costs for buying, selling and storing gold and silver.It’s free to open an account and registration takes less than a minute. There’s no obligation to trade.
Visit Official Site: BullionVault
BullionVault is quick and easy. You could own any quantity of physical gold and silver bullion in about 2 hours.Highly successful online trading site for physical gold and silver.
To learn more about this company, or to get more information on their Precious Metals IRA process, we highly recommend requesting their free Gold IRA investment kit, which is the most comprehensive investment kit we had a chance to review.
Visit Official Site: Regal Assets
Regal Assets is one of the only companies that allows you to start your Gold IRA setup securely online. This drastically speeds up the process of getting your IRA set up and your metals shipped.
Silver Gold Bull is your trusted silver and gold dealer.In addition to a large number of gold coins and silver coins, SilverGoldBull also includes copper and other metals in case an investor decides to branch out of the traditional precious metals market.
Visit Official Site: Silver Gold Bull
SilverGoldBull can help you strengthen your IRA by adding physical gold and silver bullion to provide a hedge against the rest of your investment portfolio.
GoldBroker is your partner for physical gold/silver ownership and direct storage without intermediation.Live precious metals quotes 24hrs a day, 5 days a week, in more than 110 currencies.Buy/sell operations from Monday to Friday, from 9:00 AM to 6:00 PM, by email or by phone.Follow the daily evolution of your precious metals.
Visit Official Site: GoldBroker
Personal pickup and shipping services via secured transportation anywhere in the world.GoldBroker arose because of an investor demand for an offshore gold storage company which would allow you to actually hold your gold in your own name with no custodian or intermediary in between you and your precious metals.
Shop precious metal coins including gold coins, silver coins, platinum coins, and more.
Visit Official Site: Amazon
Shop gold coins and other precious metal coins in the Collectible Coins store on Amazon.com. Free shipping on eligible orders.
You don’t have to be leery of trying to buy or sell gold coins online — GMRgold makes the process quick, convenient and, most importantly, secure.GMRgold is a trusted resource for thousands of coin collectors and precious metal investors.
Visit Official Site: GMRgold
Invest in a Precious Metals IRA with GMRgold. As a leading precious metals investment firm comprised of proud patriots, GMRgold is dedicated to ethical business practices, and to expertly guiding our clients toward long-term financial security.
Buy low price, high quality gold and silver coin charm with worldwide shipping on AliExpress.com.
Visit Official Site: AliExpress
There minimum orders as low as 1 item are accepted and express delivery, in some cases, fast and free shipping is offered. In addition, a vast array of item categories can be found on AliExpress—it truly is a one-stop-shop for small wholesale orders.
APMEX, the leading Precious Metals dealer in the United States, understands the needs of Gold and Silver investors.
Visit Official Site: APMEX
APMEX provides highly trained representatives to help you buy Precious Metals online. Whether it is for educational purposes or to simply navigating the website, click here and be one step closer to diversifying your Precious Metals portfolio.
GoldSilver.com offers segregated vault storage in facilities worldwide. They offer education about precious metals and the financial market as well as a newsletter.
Visit Official Site: GoldSilver
The company offers IRA approved precious metals, bullion jewelry, and collectible precious metal coins as well.
Money Metals is a bullion dealer that has been in business since 2010. It offers customers a wide array of precious metals to choose from including gold, silver, platinum, palladium and rhodium. Additionally, the company offers concentrated diamonds as investments that are 5,000 times more precious than gold.
Visit Official Site: Money Metals Exchange
The Money Metals Exchange website provides an excellent range of free information guides covering all aspects of precious metals investments – what to, do how to do it and what to avoid.
Investing in gold and silver is a good option for people with extra cash. One online market where gold and silver investors can turn is BGASC.com, which stands for Buying Gold and Silver Coins.
Visit Official Site: BGASC
Buyers don’t have to waste much time looking around this gold and silver website for information before beginning to select products. Buyers will like the fact that there is no minimum amount for placing an order and that all orders over $250 get free shipping everyday.
Coininvest offers you the chance to buy, sell, and invest in rare coins and precious metals easily and quickly.
Visit Official Site: CoinInvest
You can buy gold coins from a host of regions, including Europe and the UK, the Americas, and South Africa. Similarly, you can shop for silver, platinum, and palladium coins from these same regions and beyond, even stretching as far as Australasia.
Valuable Silver and Gold Bullion Coins
One of the main considerations of buying gold and silver coins today is choosing between being a collector or investor. Collectors have their own criteria for selecting a coin, and this can vary considerably. Regardless, investors still buy beautifully minted coins because they represent a brand.
Key features that an investor seeks in a coin are its ability to be resold quickly. For this reason, certain minting facilities are preferred above others due to that organizations reputation for purity and asset liquidity. In particular, gold and silver bullion coins that are 99.999% pure will be far easier to sell than one made from a mixture of metals.
The best gold or silver bullion coins are:
- American Eagle
- American Buffalo
- Canadian Maple Leaf
- South African Krugerrand
- Austrian Philharmonic
- Australian Kookaburra
- Chinese Dragon
Learning how to buy gold and silver coins
If you are new to gold and silver coin buying, be prepared for a treat. In the past, the only places that you could purchase these items were major cities. Today, online buying and selling of precious metal coins has brought the market to anyone with an internet connection. Not only do investors get a discount from buying online vs. offline, they also avoid the need to travel to New York City, Chicago, or San Francisco to make coin purchases. In modern times, it is easy to use a credit card to purchase gold or silver coins and have them shipped to your home. From there, you can store them in a safe deposit box until it is time to sell them.
Certified gold and silver coins for investing
We are familiar with the certificate of authenticity applied to rare and antique items. Within the field of silver and gold coins, the idea is the same. When you make a purchase, it should come with a document that is filled out by a certified numismatist. This ensures that your investments are pure. Proper verification also helps to sell your gold or silver coins quickly. Thankfully, you can expect a numismatic document and avoid forgeries when you buy from professional coin websites online.
Rare gold or silver coins and monster boxes
Due to the reliability of coin verification, an investor looking to expand beyond the amateur realm will start to look for rare coins or bulk purchases. The larger amounts of coins are sold in a mint-issued monster box. These are for buyers that want coins in increments of 500. Within each box are plastic wrapped stacks of coins that maintain their numismatic authenticity when they are unwrapped.
Monster boxes are certainly a reasonable way to get a discount, but rare coins grow in value the way that standard bullion cannot. While it certainly looks like the collectors area of precious metal coins, the truth is that wise investors know that the real money is in the rare and unusual coins.
Selling your gold and silver coins for profit
Just like online purchasing, online selling has been refined significantly. This means that you no longer need to be a stockbroker in order to trade precious metals in the form of gold or silver bullion coins. Antique sales aside, once you have a nice collection of investor-style coins, the next step is to learn how to sell them. Obviously, the current silver market means that there are avenues to sell your investment. For standard precious metals bullion, you are afforded a wide range of options including selling to a minting facility.
Interestingly, one of the most common places to sell your gold and silver coins is from the establishment you bought them from in the first place. In most cases, the main reason why investors choose gold and silver coins for profit hinges on the fact that it is extremely easy to sell them and still turn a profit in a short period of time.
Building your knowledge about silver and gold coins
The online silver and gold coin experts all agree that investing in coins means doing your homework. Whether you are moving into the area of rare coins or want to purchase a standard 99.999 bullion 1 oz., understanding the details before you make a transaction is of paramount importance.
Browse our pages to find reviews, tips, advice, and detailed descriptions of a wide range of gold or silver coins and watch us help your financial portfolio grow each quarter.
Investing in Gold Coins and Bars
Investing in precious metals is one way to ensure that your wealth is safeguarded during uncertain economic times, such as the present. Gold has been considered a safe and profitable investment for hundreds of years, but the real potential of gold has emerged during an inflationary environment and in fragile economies. With the once-mighty dollar losing its value and governments buried in debts, gold is considered a haven to stay protected from the volatile market.
Of all the commodities and assets, gold is the only one that has never lost its value for a sustained period. Gold is indestructible, portable and a winning investment.
Why are gold prices soaring?
In the past governments associated their currencies with the gold reserves. This means that a government would print only the amount of money equal to the value of the gold they held in their reserves. This ensured that the money minted was restricted and protected in times of a crisis. But several governments decided to sever this association, and establish a fiat money system. This resulted in an unlimited supply of minted money but also meant that the value of the currency depleted.
The weakening dollar has resulted in steeply increasing rates of gold and silver. Since the beginning of 2011, the gold price has hit another record, now costing over $1500 per ounce. The price of gold has gone up by 6% in 2011 alone and is expected to reach $1700 in the next four years.
Currencies in all countries are controlled by their government. Gold is one commodity that is independent of the local currency value. The true value of gold depends solely on the weight and the purity of the product. This helps you stay safe during economic lows. Several currencies decided to stop depending on gold which enabled countries to print more money than they actually had. This resulted in innumerable debts that snowballed into the present day debt crisis.
Why you should invest in gold
Investing in physical gold is a terrific way to hedge your wealth against the unpredictable economy. Whether you want to maintain, protect or increase your wealth, gold is one of the safest ways to do it. As gold is always equivalent to real money, timely investments are a wise option. Depending on your personal needs, you can choose between various forms of gold bullion. Prices of bullion depend on the quantity of the metal, purity as well as any aesthetic or historical significance attached to the coin in question. Gold is also a safe option in times of emergencies and wars as it can be used to buy the most basic commodities like food.
Types of gold investment
Any form of gold is considered to be valuable. Gold jewelry is a popular option for gold investment but purchasing gold bullion is a better option. In this case, the values for weight, purity and minting date are clearly marked on the item. When purchased from established and reputed dealers, gold bullion is one of the safest and most profitable commodities to purchase and trade. Gold bullion is available in many forms.
Gold coins: One of the most popular methods of gold investment is purchasing gold coins. Gold coins are minted and sold all over the world. The value of the coin depends on the weight and purity of the coin. Some of the most popular coins sold all over the world are the Krugerrand from South Africa, American Gold Eagle, Chinese Gold Panda, Canadian Gold maple Leaf and the British Sovereign.
Gold Bars: Another widely used form of gold bullion is gold bars. The weight of gold bullion can range from 1/10 oz to over a kilogram. Gold bars need to possess a minimum purity of 99.5% to qualify as investment grade bullion. Major issues with gold bars are storage and transportation. They are also often subjected to duplication.
If you are a beginner investor, gold bullion coins are ideal. Large scale and active precious metal investors who can afford a larger capital outlay generally go for gold bullion bars in higher quantities. Gold coins are easier to sell than bars.
Where to buy gold
Before buying gold, make sure to educate yourself of the latest price trends so that you make an informed purchase decision. Purchase gold only from established banks and dealers. You could also purchase gold online from vendors that offer high quality goods. Coins and bars that are approved by the World Gold Council and giants like Wall Street are the safest options as their purity is tested.
Be sure to ask for a purity certificate and read all the clauses of the contract carefully. Good dealers also provide a wide range of gold products to choose from. Depending on purity, weight and design, you can choose products that have attractively low premiums and make profitable investments.
If you are buying gold online, make sure to understand the ins and outs of the process. It is crucial that the online payment mode is totally secure and your personal information and money is protected. Most established vendors and companies offer to ship and deliver to your doorstep. It is also beneficial to compare costs and services of several companies before choosing one.
A few signs to look out for
As there are high chances of duplication and fraud, gold should be bought through reputed dealers only. Many of these schemes are designed to look attractive but lure you into making blind investments. Some fraudulent vendors also sell so-called gold products that are either highly impure, or simply plated with gold. It is also vital to keep a significant amount of your gold investment safe and avoid trading it. As the value of gold is not likely to decrease any time soon, purchasing and saving gold is a reasonable option keeping future financial emergencies in mind.
Silver Coins Overview
Investors have been investing in silver bullion for thousands of years now, but prices have never been as high on the market. It also wasn’t that long ago that silver was used in US coins, but it isn’t a legal tender anymore. In the past few years, silver has become a particularly hot investment and has more than doubled in price since 2005. The market is continually growing, and the demand for silver as an investment has never been higher, which means the price should continue to increase.
Just like any other investment, silver bullion goes up and down in price based on the supply and demand. What’s unique about silver is that it’s used in a lot of electronics and medical equipment, which people around the world constantly need more of. The supply of silver isn’t that high although the demand continues to grow. Several investors have also tried hoarding silver in the past to increase the price of the commodity, but most have already sold their investments.
Silver isn’t something that you should just into and start investing in due to the volatility. The silver market is extremely volatile, and if you can’t handle the swings in the market, you won’t last long and will most likely sell your silver at a loss. With the price of silver being so low compared to gold, many new investors have started investing in silver bullion rather than gold bullion. When demand lowers for the commodity, it typically results in a sharp downward spike in the market, but it has always recovered.
Over the past few years investing in silver has been more profitable than investing in gold. A lot of seasoned investors prefer investing in gold because it’s less volatile, but if you’re looking to make a splash in the precious metals market there isn’t much better then silver right now. You can purchase a troy ounce of silver for about $17 currently on the market compared to a troy ounce of gold, which would set you back about $1200.
Types of Silver Investments
There are several ways to invest in silver including silver bars, silver coins, silver funds and silver certificates. In case of a crisis, I wouldn’t want to have investments in silver funds or certificates since you don’t actually possess the silver bullion. I invest all of the money I have allocated to silver investments into actual physical silver including bars and coins.
You can purchase silver bullion bars online at a cost that is extremely close to the spot price. You can purchase silver in various weights including 1 troy ounce bars – 1000 troy ounce bars. You probably don’t want to invest in 1000 troy ounce bars initially since you’ll need a place to store the silver bullion, but you can easily invest in 100 troy ounce silver bars. You will need to keep your silver in a safe location that is secure and clean.
Since silver was used in coins up until about 50 years ago, there are still plenty of silver coins on the market. If you like collecting coins, then you can also make sure you make money on your investment by investing in silver coins. There are lots of silver coins, and many of them have roughly 1 troy ounce of silver in them. You’ll pay slightly more for the coins than for silver bullion bars, but they generally hold their value.
Gold and Silver Bullion
When you start to invest in gold and silver, you’ll often hear the terms gold bullion or silver bullion. This is in reference to gold or silver coins that are subject to a strict fineness or purity regulation. While gold bullion and silver bullion are legal tender, these coins are not for the everyday use. The reasoning behind this is that gold bullion and silver bullion have an intrinsic value that is often well beyond the legal tender value. There is a variety of ways to rate the value of gold bullion or silver bullion coin, which are mostly centred on weight and purity.
Different Precious Metals
While gold and silver are priced differently with separate market valuations, the same economic structure applies to both of these precious metals. Since gold and silver used to be currency, it is suggested that gold and silver act much more like currency than product in the market. For the most part, silver and gold prices rise when currency is unstable and fall when currency, and thus economic conditions, become level. This balance is an illustration of supply and demand in the marketplace.
Supply and Demand
Supply and demand is generally the driving force for purchasing and selling of goods and services: what you have and what others are willing to pay for it. In the case of gold and silver, which are precious metals, scarcity has been the initial factor in why silver and gold are in high demand. While gold has always been more cherished and idealized as being beautiful, regal and indicative of fortune than silver, for a long time silver had more scarcity than gold. However, due to a lack of globalization of economies, most people didn’t notice this reality until the modern age. While gold is resistant to most acids, conductive of heat and electricity, as well as resisting oxidization, silver has many more applications in the modern world. Nonetheless, both silver and gold have been excellent areas for investment as it is unlikely that the demand for gold and silver will disappear.
In the long term, gold and silver have been remarkably stable and decently yielding profits. But since 2008, gold and silver prices have spiked and have remained at an all time historical high. Even now, the value of gold and silver is still much higher than pre-2008 levels. This has been the result of the economic melt down of 2008. However, even if the economy recovers, it may be unlikely that gold and silver prices will drop too far down from their current prices because of scarcity and increased demand for both metals.
As supply and demand has been responsible for the market price of gold and silver, the value of each bullion coin is also determined by weight and purity. Bullion coins are backed by a government’s mint that issues them. This means that the government’s mint vouches for the quality of their coins to the highest degree. In the global market, the United States Mint is the most trusted distributor of bullion coins. Some governments are less trusted to ensure that their bullion coins have the percentage of alloy metals to silver or gold that they say they do as well as weighing in correctly. While it isn’t as if other governments are intentionally worse than the United States at guaranteeing bullion coins, it’s that they often don’t have the overhead to be able to ensure such strict standards. Moreover, the United States is both a large country and tends to believe it has to set a high standard. It’s vital to remember that the trustworthiness of a government’s mint affects the price of bullion coins. Once purchased, it’s hard to verify quality of a coin without melting it down entirely. In short, you don’t want to purchase gold bullion or silver bullion from a place where you might not be able to trust the purity and weight. Such mistakes can cost you, such as having to get your coins appraised separately or only being able to resell your bullion at melt point pricing.
Bullion is separated into weight categories. Ounces are the standard unit of measurement when determining weight. However, you’ll hear investors and others in the bullion market refer to the measurement of bullion coins as a Troy ounce. Troy ounces are slightly higher than an ounce (1 ounce = 28.35 grams vs. 1 Troy ounce = 31.103 grams).
When talking about purity, it refers to the amount of pure gold or silver that is used in making the bullion piece along with the other metals added to increase hardness. It is impossible to attain a 100% pure gold or bullion piece, but the closest that has been reached for market bullion is 99.99%. Bear in mind, pure gold and silver are soft metals, which are prone to dents and scrapes. As long as your bullion coins are verified and backed by a reputable mint with certificates, the market won’t punish you on value for having an alloyed coin. When researching purity, decimals of purity are favoured over percentages. For instance, 99.99% becomes a .9999 purity rating.
The price of the bullion piece is determined by current economic conditions. However, as mentioned previously, quality of the bullion and its authenticity also determines the price. The more quality verification you have as an investor for the alloys present in your bullion, the better off your resale value will be. In short, when you buy, think about what you would want others to know about the product if you were selling it. This will help you ensure that you don’t end up paying for bullion that aren’t of the proper weight or purity.
Investing in Bullion
Bullion is a physical product that has a solid history for being an asset in investor portfolios. It’s often said to buy products when prices are low and sell when they are high for anything in the marketplace. In the case of gold, if the economy seems as though it is not going to recover well enough, its necessary to look into purchasing actual resources instead of paper currency. You don’t want to be the guy left with worthless paper who should have invested in something tangible. Gold and silver commodities have become increasingly popular since 2008, and the prices have skyrocketed ever since. Many people have made their fortunes in the current market of gold and silver. By arming yourself with knowledge of the market trends and the value of gold and silver bullion, you can ensure that your investing portfolio will be successful in the long term.
Buy Gold and Silver Coins
Gold and Silver
You may not be an investor, but it is easy to notice that there has been an enormous increase in the prices of gold and silver in the global market. Demand has increased exponentially due to currency value changes in the United States. This has made the prices of gold and silver coins skyrocket, which in turn benefits those that invest in precious metals. The market rate continues to increase daily and shows no signs of abating, making this an ideal time to become an investor for gold and silver coins. Due to the nature of both precious metals and currency, it is necessary for coin and precious metals buyers to know about the different types of coins, where to purchase them and to have a basic knowledge of the market trends.
Different Types of Coins
There are plenty of different gold and silver coins to be purchased in the market place. The first thing any gold and silver coin buyer needs to know is that there are many different types of coins available to choose from. The two largest categories of coins you’ll want to look into are Bullion Coins and Collector coins.
The Bullion coins are crafted from precious metals, and in this case gold and silver, but can also come in platinum and palladium. These coins are not generally used as legal tender, as their intrinsic value is worth far more than what their face value is. As legal tender, however, Bullion coins are subject to strict purity standards. This is why they are preferably used in an investment portfolio, as their value can be easily ascertained by the market. It could be argued that the purpose of Bullion coins is to create a standard, and thus safe, way of investing into precious metals coins. Nonetheless, an investor needs to go through a reputable dealer in order to purchase Bullion Coins. While Bullion coins themselves are held to a high standard, often times there can be confusion as to whether you’re purchasing a Bullion coin or another variety of coin, such as a Collector coin.
These types of coins are the types of coins that were already in circulation, and primarily used as legal tender. Much like collecting stamps, often these coins have little intrinsic value but for their sentimental value as determined by the market. Collector coins tend to fall into three general categories of value; brief time, mint errors, and historical significance. The Mercury Head Dime is an example of a coin that was circulated for a brief time period and as such, is valued more than other dimes. There are also a few pennies that were minted with Lincoln on both sides that were distributed before being rounded up by the US Government. Beyond the American scope of coins, any coins that are found at archaeological sites have historical significance and are often sold or given to museums of their respective country. While Collector coins are fun to accumulate, their value can’t be strictly quantified by the materials as Bullion Coins can. As such, if you’re looking to be an investor, it’s best to steer clear of most Collector coins unless you spot a deal on a historical coin.
Where to Purchase Coins Online
As a new investor of gold and silver coins, you may not have much experience purchasing coins online or otherwise. ApMex and JmBullion.com, for instance, are reputable sites to buy gold and silver coins online. Otherwise, any concerns over scams or purity issues with your first purchase can be mitigated by reading reviews on any website you wish to purchase from.
There are numerous amounts of places that a buyer can find and purchase a coin. First and foremost you can buy silver coins through the US Government Mint. This will ensure the buyer that the coins are backed by an official government and will have the necessary paperwork proving the coin’s fineness, or purity. Many people tend to go through dealers, however, as dealers also buy coins from the US Mint but can otherwise get deals on raw materials. This makes your visit a one-stop-and-shop experience. A few more online dealers are Gold Silver, Regal Assets, and Silver Gold Bull.
Even when a site is reputable, mistakes can happen. Buyers need to make sure that when the coins arrive, they have all the necessary paperwork, such as the certificate stating the weight and purity of the coins. It is always a smart idea to keep these coins safely locked away, to maintain their pristine condition, which will help in the future when they are sold for more money.
Stock Market VS Gold and Silver Coins
It is true for any kind of investor, it is necessary to have a basic understanding of the stock market and know how to follow it and recognize patterns. When reading a stock graph on gold or silver prices, this will tell the investor how much they have won or lost. Investors in gold and silver coins can make a choice to invest for the long term or short term. Long term investment is what most people are familiar with, where you purchase a product such as a house or land and later sell it for more. Some products do better off accruing value over time, and others do not. For short term investments, volatility in the market is what an investor is hoping to see. If you buy gold coins at an exceptionally low price and want to sell it quickly, you’re hoping for a price jump that allows you to make a quick profit while not tying up too much cash. This is why most silver and gold purchases are long term, since predicting a market is easier over a longer period of time. As you learn to read the stock graph, you’ll be better able to predict where the price of gold and silver is going. This can help you sell your accumulated coins at a point where the market price for them is high, allowing you to make a profit.
Though the market can seem somewhat simplistic with some products such as gold and silver, one should be careful to note that when the currency of the economy is doing well, it is likely that gold and silver prices will drop. Keep a look out for other investors dumping their gold and silver portfolios so that you aren’t caught with an unprofitable product yourself.