There are various types of gold. If you are planning to invest in gold coins, you might as well choose the best types of gold coins there are. They may all look shiny and expensive but they all have different gold content. So which is the best? The “best buy gold bullion” coin is the one that contains as mush as 99.99% gold in it. This means that there is hardly any alloy in it.
The Canadian Gold Maple Leaf contains 24 karat gold while the American Gold Eagle coin and the South African Gold Krugerrand both contain 22 karat gold. If it has a lesser karat, it means that the gold was mixed with an alloy compound which is usually silver or copper. This is to make the gold coin harder and more resistant to scratches. Pure gold is soft. This is why it is necessary to mix it with a little bit of alloy. If you don’t already know the difference between Karat and Carat we recommend this article by Raremetalblog about Carat vs Karat for new investors
GOLD COIN HUNT
Gold coins with over 90% gold content are a great way to start an investment or a collection. However, finding a place to buy them from requires a lot of research. Why? This is no ordinary investment. This is gold we are talking about. You would not want to be scammed, right? That is why you need to find someone reliable. This is also to make sure that the coins you purchase really do contain the right gold content. So where can you find the best buy gold bullion coin?
One place you can check is gold mints. There are privately owned mints and there are those run by the government. One place for gold bullion coin purchase is through the internet. There are quality websites that offer great deals on gold purchase. You have to make sure though, that you are dealing with a trust-worthy website so as not to be scammed. By buying online, you can choose to pick the best website that offers discount prices or low-rates on gold products. You can also compare prices and deals.
If you prefer going to private dealers, you can find a lot online. If you know someone who also invests in gold metal products, you can ask them to refer you to someone. However, they do not entertain orders online. You would have to do it on the phone or in person. Despite the hassle, this is more preferable by gold investors. It gives them peace of mind to be able to handle transactions personally. This way, they are assured that they get what they have paid for.
There are numerous potential investors but not everyone can afford to actually invest in gold products, especially those sold from private dealers and mints. If you are one of them, do not lose hope. There are best buy gold bullion coin places where you can buy bargain and cheap precious coins without compromising the quality and the quantity of its gold content. Visit some specialty shops and thrift stores. You can also find gold bullion coins from pawnshops. You are sure to find cheap gold coins that guarantees you profit in the future.