Gold Bullion Bars can be acquired at any precious metals dealer in various weights ranging from one gram up to 100 ounces. There are actually 400 oz bars but they are reserved for trading among banks and governments.
High grade bars are stamped with the name of the manufacturer, weight and amount of pure gold content. They will usually contain a serial number as well.
Although they are not as popular as coins, they do have a lower premium. If you plan to speculate in physical gold, lower premium bars is the type of bullion to use.
Also, if you are working with a limited budget the 1 gram bar is a great way to invest.
Gold Bullion Coins are different from the pre-1933 rare coins that were once in circulation. Although they do have a legal tender value stamped on them, they are worth a far greater value based on the amount of gold they contain.
Minted by governments such as the United States, Canada, China, Australia and South Africa, they come in various weights ranging from 1/10 ounce up to 1 ounce.
Their popularity over bars makes them easier to sell if the need arises. Many investors are also collectors. This is one of the big reasons that bullion coins are well sought after.
For the investor who has limited capital, the 1/20 ounce coins are a great way to invest.
Regardless of what your investment goals happen to be, bullion is always a fast and easy way to acquire any precious metal.
Many investors like to diversify and spread their capital among gold and silver. If you are one of them, you may want to
gain some in-depth knowledge about silver bullion.
Local coin dealers usually have gold bullion in stock. If not, the can usually get them within a day or two.
As far as the major bullion companies go, Apmex is the one who offers the best price. They also have over 3500 different precious metal products available.
If you have a Question, comment or Additional Information about the Topic of this page - Share it!