Gold has been one of the most prized substances known to man since before recorded history. We're lucky today because we have a myriad number of ways to own gold, many of which are just a click or a phone call away here at MCM. From ancient coins through world coins, Classic U.S. Gold and modern gold coins from the U.S. Mint and mints around the world, they're all here for you today.

Gold coin weight is not entirely standardized, so each one must be looked at individually. While many bullion coins produced today are designed to weight one troy ounce, you will still find new Gold coins struck in a variety of different sizes. You must also consider that some Gold coins are made with a combination of metals, so overall weight cannot be used to determine actual Gold content.


In reality, you have borrowed money – as much as 80 percent of the purchase price of the metal – from a financial institution that claims it will hold the metal for you, and charge you monthly storage fees and interest charges. Rather than sending you a bill for those fees, the institution will reduce your equity in the investment. Once your equity falls below a certain level (for example, 15 percent of the purchase price), the financial institution will issue an "equity call," requiring you to pay additional money to bring your equity above the equity call level. If you can't pay or refuse to pay additional money, the lender will sell the metal to pay off your loan and send you a bill if the sale of the metal does not cover the amount you owe.

Answer. 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 one of our own: "Why are you interested in buying gold?" If your goal is simply to hedge financial uncertainty and/or capitalize on price movement, then contemporary bullion coins will serve your purposes. Those concerned with the possibility of capital controls and a gold seizure, or call-in, often include historic pre-1933 gold coins in the mix. Both categories carry modest premiums over their gold melt value, track the gold price, and enjoy strong liquidity internationally.
One of the most affordable ways to get gold is the Lady Liberty round, made of .9999 pure (24 karats) gold in one-tenth troy ounce. They are not legal tender and the goal is to provide the buyer with more gold for the money versus fractional coin bullion. Lady Liberty is featured on the obverse with the image of a descending bald eagle on the reverse.

American Gold Eagles: Based on one of America’s most classic designs, the American Gold Eagle 1-ounce coin was first minted in 1986 and is considered the most popular and most recognizable gold coin in the world. This 22-karat (91.6% pure gold) coin is modeled after the Gold Double Eagle design first minted in 1907. American Gold Eagle coins are available in 1-ounce, ½ ounce, ¼ ounce, and 1/10 ounce versions. The newest iteration of these coins usually carry a slightly higher premium than older, common dated American Gold Eagle coins.
The LBMA "traceable chain of custody" includes refiners as well as vaults. Both have to meet their strict guidelines. Bullion products from these trusted refiners are traded at face value by LBMA members without assay testing. By buying bullion from an LBMA member dealer and storing it in an LBMA recognized vault, customers avoid the need of re-assaying or the inconvenience in time and expense it would cost.[40] However this is not 100% sure, for example, Venezuela moved its gold because of the political risk for them, and as the past shows, even in countries considered as democratic and stable, for example in the USA in the 1930s gold was seized by the government and legal moving was banned.[41]
As mentioned above, the market for Precious Metals generally moves independent from stocks and bonds. If you buy physical Gold, you can balance your portfolio so you need not fear the NYSE. In an economic slowdown, your Precious Metals may provide a comforting, stable point among your investments. You can easily look up historical Gold prices to see this balance for yourself.
The timing on your gold purchase is a bit more complicated, since you will pay more for gold and gold-related stocks when gold prices are high. That doesn't diminish the diversification benefit over the long term, but high gold prices can mean lackluster returns over the near term. Trying to time your entry point, however, leads to market timing judgment calls that are best avoided by most, if not all, investors.
An investor who spent thousands of pounds on gold at its peak in 2011 will have lost a considerable amount of money as precious metals entered a sustained bear market lasting several years, and may argue that other investments would have been safer. However, while the value of other assets may have dwindled to nothing in such circumstances gold, even when well below its peak, maintained a value of hundreds of pounds per ounce. The price of gold does fluctuate and it is therefore possible to choose the wrong moment to invest, causing you to lose money. However, the fact that gold is a tangible commodity with an intrinsic value means that it is less likely than any other asset to completely lose its value. While paper currencies are prone to becoming completely devalued by hyperinflation, gold bullion is not, making it a safe investment for those looking to protect their wealth in the long-term.
The Krugerrand is the most widely held gold bullion coin, with 46 million troy ounces (1,400 tonnes) in circulation. Other common gold bullion coins include the Australian Gold Nugget (Kangaroo), Austrian Philharmoniker (Philharmonic), Austrian 100 Corona, Canadian Gold Maple Leaf, Chinese Gold Panda, Malaysian Kijang Emas, French Napoleon or Louis d'Or, Mexican Gold 50 Peso, British Sovereign, American Gold Eagle, and American Buffalo.
Not all gold products are IRA eligible for inclusion in precious metal retirement accounts. Please look for the ✔IRA APPROVED checkmark on the product page for the product that you are interested in purchasing. If the checkmark is not present on the page, that product is not eligible for inclusion in precious metal retirement accounts. If you have any questions regarding setting up or buying gold for your account please contact our staff at 1-800-294-8732.
It probably doesn't come as a surprise to hear that gold is the most popular among precious metals investing. Often, investors will go into gold in an effort to diversify their portfolio and mitigate potential damage in economic recessions. Still, like every other market in the world, the gold market can fluctuate drastically. This doesn't stop people from investing in the precious metal, securing it for use in the future. Despite world governments abandoning the gold standard and moving to flat currency, the yellow metal has never fully gone out of style. It carries value all over the world, across border both cultural and physical.
Knowing that you have the best Silver bullion with a high level of purity is easy when you purchase from a world-class retailer such as APMEX. Every single product sold is guaranteed to match the quality and origin outlined on the website. If you have bought Silver bullion in the past, and are skeptical about the fineness or authenticity, there are a few ways to evaluate your Precious Metals at home. The magnet test is the most common. Silver does not bear any magnetic properties, but imitation coins or bars that have iron or steel content will be drawn to a magnet, immediately signaling that your bullion is not pure. An ice test will also give you a quick indication because Silver is an extremely powerful conductor of heat. Place a small piece of ice on top of your Silver bullion. If it begins to melt immediately, it is a sign that you have a high-quality product.
Gold shows typically deal more in numismatic, or collector coins, which have high markups, are illiquid, and are valued based more on rarity or historical significance than gold content. If a dealer does have any bullion, it is likely to be a limited selection. While numismatics can be a good investment, it takes a tremendous amount of research to avoid being taken advantage of by an unscrupulous dealer.
To compete with the purer Maple Leaf, the U.S. Mint introduced a new gold bullion coin, the American Buffalo, in 2006. Its 24 karats represent the purest coin ever offered by the U.S. Mint. But it’s not bought and sold as frequently as the American Eagle, and it’s more expensive. “In general, most people don’t know about the American Buffalo,” Mladjenovic says.
The name or series of a bar, round, or coin plays a significant role in the demand for the product. To retain the freedom to invest in or divest out of a particular instrument, as and when the investor wants, it is advisable to stick to famous product names and series like the American Silver Eagles or Canadian Maple Leafs. Hence, at any given time you will be assured of scores of both active buyers and sellers in the market.
A coin or bar dealer will not buy gold from you at the spot price, as they have to factor in their business overheads. They also have to consider the chance that the bar or coin is not what they think it is. Some rarer coins might be quoted at prices above spot, but in gold bullion products like small bars, Sovereigns or Krugerrands, this usually results in you receiving 2-5% less than the spot price when you come to sell.

For example, gold can be a volatile investment, so you shouldn't put 100% of your assets into a gold investment. The real benefit, for new and experienced investors alike, comes from the diversification that gold can offer; investors often buy gold when stock prices are falling in an attempt to protect their assets. Adding a small amount of gold to your portfolio can materially increase diversification. Although that percentage is up to you, going above 10% would probably be too much exposure unless you have a very strong conviction about the market's future direction.


The official gold bullion coin of the U.S. is the American Gold Eagle. It was first released by the United States Mint in 1986 after being authorized under the Gold Bullion Coin Act of 1985. The design on the obverse in 1986 was Augustus Saint-Gaudens' depiction of Liberty. It is sold in both proof (most should avoid buying proof coins) and bullion finishes with a rendition of Adolph A. Weinman's Walking Liberty design. The weight of the bullion is usually used to describe Gold Eagle coins. They also have a marked face value, such as ten dollars on the ¼ ounce coin.


Holds its value. Gold tends to maintain its value over time. Economists argue that even the price of gold is not indicative of its value. That is, even if the price decreases, the underlying value of gold does not change much. This is largely because there is a fixed quantity of gold due to the fact that it is a commodity, whereas the U.S. dollar, which is a form of fiat currency, holds no inherent value.
Finding good sellers and buying gold coins means taking the time to find good sources. Government mints are always safe but supply is very limited. Licensed, established dealers like Scottsdale Bullion and Coin are other viable choices. There are private sellers and online auction sales, but these are high risk, so these options requires great caution. Two good sources for learning about where to buy gold include tips from the Federal Trade Commission and the U.S. Mint.
The Gold price forecast is determined differently than most other investments. Stocks and commodities are evaluated as news about each company is released, or when cost changes occur in the manufacturing supply chain. Gold, however, has inherent value, which is not affected by turnovers in upper management or fuel costs. Economists use many factors when predicting Gold prices, including global inflation rates, trade imbalances between the United States and other countries, and the holdings of major central banks around the world. Expectations about higher interest rates and inflation have an impact on the Gold price forecast, as well. Supply and availability can impact some estimates, although when demand increases, many sellers become eager to recycle their existing supply.
Gold certificates. Gold certificates are another option for "owning" gold that is best placed in the bullion category but merits a little explanation. Gold certificates are notes issued by a company that owns gold. Effectively, the note provides the buyer with direct exposure to the metal, but it doesn't require the physical ownership of the metal, which the note issuer keeps safely under lock and key.
These different weights of bars will carry prices depending on a number of factors. First, the spot price of gold--the current market price at which gold is being bought and sold--will drastically effect how much a gold bar will go for. What's more, the refinery that has minted the bar factors in to the overall price. Some refineries have a more distinguished reputation and therefore will charge more for their gold bars. The purity of fineness of the gold itself will also come into play. Gold fineness is measured in karats. You can find gold fineness ranked as 333 which equates to 8 karats, all the way to 24 karat 999.999 fine gold, which is the purest gold bar possible.
In addition, most gold miners produce more than just gold. That's a function of the way gold is found in nature, as well as diversification decisions on the part of the mining company's management. If you are looking for a diversified investment in precious and semiprecious metals, then a miner that produces more than just gold could be seen as a net positive. However, if what you really want is pure gold exposure, every ounce of a different metal that a miner pulls from the ground simply dilutes your direct gold exposure.
They also sell gold bars and metalor gold bars in one ounce and ten ounce weights. US Bullion also deals in a range of silver products. Such include the American Silver Eagle, silver bars in a variety of weights and bags of silver coins from 1965 to 1969 and before. By opening an account with US Bullion on their website ordering their quality products is quick and easy.
In July 2002, a very rare $20 1933 Double Eagle gold coin sold for a record $7,590,020 at Sotheby's, making it by far the most valuable coin ever sold up to that time (a 1794 Flowing Hair Dollar sold for over $10 million in January 2013). In early 1933, more than 445,000 Double Eagle coins were struck by the U.S. Mint, but most of these were surrendered and melted down following Executive Order 6102. Only a few coins survived.

Advance fee fraud – Various emails circulate on the Internet for buyers or sellers of up to 10,000 metric tonnes of gold (an amount greater than US Federal Reserve holdings). Through the use of fake legalistic phrases, such as "Swiss Procedure" or "FCO" (Full Corporate Offer), naive middlemen are drafted as hopeful brokers. The end-game of these scams varies, with some attempting to extract a small "validation" amount from the innocent buyer/seller (in hopes of hitting the big deal),[68] and others focused on draining the bank accounts of their targeted dupes.[69]


However, there's a downside as well. Because a miner is running an operating business, you are also facing the risk that things might not work out as planned. As noted above, mines don't always produce as much gold as expected, workers sometimes go on strike, and, unfortunately, mining is risky and disasters can take place that halt production and cost lives. All in all, gold miners can perform better or worse than gold -- depending on what's going on at the specific miner you're looking at.
Finding good sellers and buying gold coins means taking the time to find good sources. Government mints are always safe but supply is very limited. Licensed, established dealers like Scottsdale Bullion and Coin are other viable choices. There are private sellers and online auction sales, but these are high risk, so these options requires great caution. Two good sources for learning about where to buy gold include tips from the Federal Trade Commission and the U.S. Mint.
Shop for gold bars, gold coins and gold bullion from top refiners and world mints, including the United States Mint, Royal Canadian Mint, Perth Mint, PAMP Suisse, Credit Suisse and more. Buying gold bars and gold coins can help to hedge your financial portfolio against inflation and help to protect your assets from a Stock Market crash. Read more about gold coins, gold bullion and gold bars here

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Gold certificates allow gold investors to avoid the risks and costs associated with the transfer and storage of physical bullion (such as theft, large bid-offer spread, and metallurgical assay costs) by taking on a different set of risks and costs associated with the certificate itself (such as commissions, storage fees, and various types of credit risk).

Market timing is difficult for any investment. That is one reason many investors look beyond day-to-day price movements and buy physical Gold or Silver as long-term investments. When planning to hold an asset like physical Gold for 3-5 years or more, it is less important to consider the current cost of the metal and more important to examine its historical performance in relation to other investments.
The term silver bullion refers to pure silver in bar (ingot), coin, or round form. The term Bullion supposedly came from a French aristocrat named Claude de Bullion, while others have suggested that the term stems from the French word bouillon, which means “boiling” and was perhaps referencing a melting or minting house. Silver bullion products are manufactured to offer investors a convenient means of making investments in precious metals. Below we will take a look at some of the various types of silver bullion available today.
Find a source that sells gold bullion. Often dealers, brokerage houses and banks will sell both coins and bars. When assessing a dealer, see how long they've been in business, whether they're certified with an industry or government body and in what investment activities they specialize. In the United States the national mint provides a list of authorized sellers that you can check. [2]
Foreign governments also mint coins, but they may not be produced to the same standards as U.S. coins and they aren't guaranteed by the U.S. government. The value of foreign bullion coins depends primarily upon the coin's melt value – the basic intrinsic bullion value of a coin if it were melted and sold. A bullion coin's condition – its "grade" – isn't the most relevant factor in determining its price.
A silver round is exactly what it sounds like. It is a round piece of pure silver. This form is similar to a coin, but unlike a coin it does not carry any face value. Because silver rounds cannot be used as legal tender, these bullion products may be produced by government and private mints, as well. Silver rounds come in various sizes, but like silver bullion coins the most common size is 1oz. Silver rounds carry the smallest premium over the spot silver price, making them a very good choice for investors looking to accumulate silver.

Gold is the most popular of the investment precious metals, opposed to silver, platinum and palladium. However, when priced in dollars, it can appear volatile, although not usually as much as silver. From 2005 to 2011, both gold and silver increased dramatically in value, even more rapidly than the dollar’s purchasing power fell. In addition, its historic role as money, silver is essential in many industries, means there is always a need for it. Conversely, gold has limited industrial use and – other than its role as a core investment asset – it is associated with luxury purchases, such as jewelry.
Some people out there appreciate the true beauty of a beautifully minted silver coin. Take the coins from the famous American Silver Eagle program for example, with obverses featuring Weinman’s beautiful Walking Liberty and the reverses depicting Mercanti’s rendition of a Bald Eagle and a shield, a symbol of American strength and pride. Collectors buy these products for their ‘artistic’ or ‘collectible’ value rather than their melt value. For them, there is no right or wrong; they should pick the products that they consider aesthetically appealing.
Research done by Trinity College found that gold is the best hedge against a potential stock market crash. For 15 days after a crash, gold prices increased dramatically. Frightened investors panicked, sold their stocks and bought gold. After that, gold prices lost value against rebounding stock prices. Investors moved money back into stocks to take advantage of their lower prices. Those who held onto gold past the 15 days began losing money.
Investing in gold coins from exotic, unknown mints can be a risky choice. Grading, purity, and other factors determine the value of gold coins – but investors must take great care when sinking money into the illiquid and opaque collectible market. Coins that are supposedly worth way more than their actual melt value should be avoided by everyone but experienced collectors.
Many banks offer gold accounts where gold can be instantly bought or sold just like any foreign currency on a fractional reserve basis.[citation needed] Swiss banks offer similar service on a fully allocated basis. Pool accounts, such as those offered by some providers, facilitate highly liquid but unallocated claims on gold owned by the company. Digital gold currency systems operate like pool accounts and additionally allow the direct transfer of fungible gold between members of the service. Other operators, by contrast, allows clients to create a bailment on allocated (non-fungible) gold, which becomes the legal property of the buyer.

The price of gold bullion is volatile, but unhedged gold shares and funds are regarded as even higher risk and even more volatile. This additional volatility is due to the inherent leverage in the mining sector. For example, if one owns a share in a gold mine where the costs of production are $300 per ounce and the price of gold is $600, the mine's profit margin will be $300. A 10% increase in the gold price to $660 per ounce will push that margin up to $360, which represents a 20% increase in the mine's profitability, and possibly a 20% increase in the share price. Furthermore, at higher prices, more ounces of gold become economically viable to mine, enabling companies to add to their production. Conversely, share movements also amplify falls in the gold price. For example, a 10% fall in the gold price to $540 will decrease that margin to $240, which represents a 20% fall in the mine's profitability, and possibly a 20% decrease in the share price.
American Gold Eagles are widely considered the official Gold coin of the United States. These beautiful coins feature Lady Liberty standing tall, a symbol of democracy and freedom. The heraldic eagle clutching an olive branch rounds out the images that are an important part of the history of the United States. These coins come in four sizes, providing investors a unique opportunity to diversify their portfolio.
A bullion coin is an investment-grade coin that is valued by its weight and fineness of a specific precious metal. Unlike commemorative or numismatic coins valued by limited mintage, rarity, condition, and age, bullion coins are purchased by investors seeking a simple and tangible means to own and invest in the gold, silver, platinum, and palladium markets.
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