If you ever wanted to sell a portion of your holdings, it is easier to find buyers for
coins than bars.
Not exact matches
For example, sovereign gold bullion
coins are in most cases more expensive
than bullion
bars.
By that, I mean it's better to own the real thing — gold
coins or
bars —
than to own merely exposure to movements in the gold price via some kind of financial product.
Plus, sovereign
coins are easily recognizable, easy to trade, and generally sell at higher premiums
than bars.
That's why we recommend buying silver
coins or silver
bars rather
than ETFs, mining stocks, or silver certificates.
It does this also by melting the minerals into
coins and pellets for easy purchase and transportation, rather
than selling the mineral in the form of Gold
bars.
«They're barely better
than bars --» «No one wants them in the neighborhood --» «My dad says they're just a rat's hair above a speakeasy --» I dropped another nickel into my
coin purse.
On the liquidity front, you will not be able to sell jewelry as quickly as you might be able to sell a gold
coin, gold
bar or shares of a gold mutual fund for a whole lot of reasons: the buyer may or may not like the gold content, the styling, the workmanship or all of these and you could end up either not selling or selling for a lower price
than you expect and deserve.
More
than a decade ago, the 2005 Canadian federal budget made investment - grade gold and silver
coins, as well as gold or silver bullion
bars, eligible to be held in an RRSP.
Unlike most gold
bars that will likely never sell for more
than their small premium over the spot price of gold, most gold
coins will increase in value and command increasing premiums over spot gold as they age, depending on market factors.