Are Gold Coins A Good Investment

Gold tends to go up when other investments decline providing a stabilizing effect for your portfolio.

Are gold coins a good investment.

It doesn t pay a dividend. Dealers sell these gold investment bars for a slight premium over spot price. One thing you must keep in mind is gold doesn t have any intrinsic value. 1 worst coin investment tv shopping show dealers and mints number one on the list is the tv shopping network coin dealers and premium mints that sell nice looking commemorative coins for exorbitant prices.

Here are some advantages and disadvantages of buying gold coins as an investment. When gold is not a good investment. But i don t think gold is a good investment. Well known coins like the krugerrand enjoy a great secondary market and possess all the attributes required to make it an attractive investment.

Before you gold trolls start hurling cyber insults at me i have to confess upfront that i don t mind if anyone owns gold. Unfortunately these coins have no additional value beyond their bullion or face value when you or your heirs eventually sell them. To save on taxes it s important to know which gold coins to buy. I want to stress here that i m not talking about gold coins or other collectibles like jewelry.

You really want to look at coin grading factors such as surface preservation luster strike quality errors and so forth. It is when there is a mad rush to buy gold coins by the investing public. There is a good time to sell gold coins but very few people ever manage to benefit from it. Advantages to buy gold coins.

You will be better off to invest in generic gold bullion ingots and bars. When asking are us mint coins a good investment from a historic perspective keep in mind that more coins end up in the pockets of investors than in collections. However only uk coins are considered to be legal tender and their sales are cgt exempt by investing in british gold coins you also get. To get the best out of gold you need to time the market and try to.

I m talking pure gold bullion. Gold coin investing can be very tax efficient. Throughout history gold has been seen as a special and valuable commodity. Investors traditionally turn to gold as a haven in times of economic crisis and its value often falls when the going gets good.

Today owning gold can act as a hedge against inflation and deflation alike as well as a good portfolio diversifier. At such times dealers get short of stock and sellers who are brave enough to sell into the gold price strength of a panic may well actually get a premium over the published gold price.