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Should You Buy Gold Bullion Bar, Coin Or Jewelry? | Gold Investment Deals

Should You Buy Gold Bullion Bar, Coin Or Jewelry?

October 8, 2010 by  
Filed under Guide

Gold has been increasing value the past 5 years, and achieved a phenomenal gains of 155% since 9/11 and is expected to raise 30-35% in the next 12 months. Truly, gold has been a benchmark of stability. Recognized as a global currency, gold is the only asset that is both liquid and tangible at the same time and every financial adviser will tell you to have gold as part of your portfolio. The question is, what type of gold? Should you buy gold bullion bar or gold bullion coin?

First thing you need to understand is the difference between buying actual gold and gold stocks. When buying gold stocks, you are buying stocks of mining companies, not the gold itself. As such, these stocks are driven by stock market more than the gold value itself. In fact, as gold tends to go the opposite direction of stock prices, you may find yourself losing money on gold stocks even if the price of gold increases.

The most readily available gold for buying and selling is most definitely jewelry. Still, coins and gold bars make for a better investment as jewelry often contains additional additives and is prone to damage. On top of that, the overall value also takes into account subjective elements, such as style, trends etc. In most cases, the resale value of gold jewelry will never be as high as the purchase price, making jewelry a nice gift, but not a good investment strategy.

The most readily available gold for buying and selling is most definitely jewelry. Still, coins and gold bars make for a better investment as jewelry often contains additional additives and is prone to damage.

If buying gold for collection or simply for personal enjoyment, coins are the natural way to go. Even coins that do not qualify as bullion will give you a certain collectible value, enabling you to sell the coin to one of the collectors around the world. Furthermore, the value typically increases with the time, so it is a safe investment too.

Gold investors typically try to purchase gold bars rather than coins. In many cases, gold bar provides for a better investment value than coins, however there are exceptions that you need to take into account. The most important aspect when buying gold bars is to be sure you can sell it when needed. Unlike coins, which can be sold on coin auctions, or even on eBay, selling gold bars is much greater challenge. The main reason for this is that the gold in gold bars does not carry a governmental assurance of quality and quantity, something that gold bullion have. It is also easier to tamper with the gold in the bar, which is particularly true with “hidden” (or unmarked) bars.

Still, if you know a reputable dealer network that can appraise the bar, buying gold bar is an excellent investment that is almost guaranteed to remain very stable throughout the years to come. However, for less experienced investor, or for investor who wants to benefit both from prices of gold as well as collectible value (that can in fact offset the difference in gold prices, should they fall), coins are the better option.

Don’t miss out on the opportunity of the lifetime! The value of gold just keeps going up. It is absolutely essential to buy gold bullion bar, coin or even jewelry to maximize your investment and make your portfolio safer. If you are not on the gold-investing boat yet, you must jump in while you can! Go to http://www.goldbullionoz.com to learn more about gold bullion, investing, coin collecting and much more.

Article Source: http://EzineArticles.com/?expert=Paul_S._Marshall

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