Published on : 06 July 20206 min reading time
Gold is one of the most appreciated precious metals when it comes to investments. Of course, because of its many advantages, gold is currently very much in demand on the market. Find out why you should buy investment gold coins.
What are the benefits of investing in gold?
The main advantage of investing in gold is that it is a stable, safe and well-protected investment. Indeed, having one or more gold coins in one’s possession can be a better escape during turbulent times, especially when there is a devaluation of the local currency. Of course, since gold has a certain value in all countries of the world regardless of financial and economic circumstances, it can be liquidated at any time. That is to say, even when the market is at its lowest, the value of gold remains high, making it an ideal means of payment anywhere in the world. Thus, you will not have any doubts about your investment since wherever you are, investment gold provides better financial security. On the other hand, investing in gold is also the best solution if you want to guarantee the performance of your investment. Certainly, this precious material continues to increase in value and price every year. In 2011, for example, the price of gold has risen three times as much as it did in 2007. In fact, due to the current political situation and the economic turbulence that continues to occur, the price of gold is rising more and more at a very fast pace. In addition, it is also important to know that gold is not subject to any tax whatever your action. Whether you buy or resell gold, VAT is therefore not a problem.
Which gold coin to choose?
Before buying gold, it is important to choose the perfect coin so that you don’t make a mistake in your investment. Of course, investing in gold can be efficient, but sometimes, to better ensure a satisfactory return on your investment, your choice should depend on the efficiency of the gold coin you wish to choose and your objectives. Indeed, be aware that not all gold coins offer the same performance in terms of return. Therefore, your investment can be risky if you don’t know how to choose the right gold coin. In general, 8 types of gold are the most popular when it comes to investing in this precious material, namely African Krugerrand, American Gold Eagle, British Sovereign, Swiss Gold, Chinese Panda, Vienna Philharmonic, Napoleon and Half Napoleon. To make your choice, the first thing you need to do is to identify the coin with the best upside potential, more precisely, the coin with the highest possible premium differential. This is the difference between the highest observed premium and the average premium of the gold coin. In order to distinguish it, you must carry out a very precise analysis on the progression of its value over the years. Favour a gold coin that has a perfect margin of progression despite financial, economic and political instability. This is the case, for example, with Swiss gold, which has continued to rise in value to this day. Furthermore, if you have any doubts about your choice, the best thing to do is to contact a professional in the sale and purchase of investment gold. He will accompany and guide you not only in your choice, but also during the purchase of your investment gold coin.
Where to buy your gold coins?
There are several options for purchasing gold coins. For example, you can go to physical shops specialising in this field or you can also use the internet. Of course, in shops and specialized stores, you can talk directly with your seller, but this option is not entirely effective, especially if your time and budget are very tight. Not only do you have to travel to the location, but the choice of gold coins is also limited. In fact, sellers will only offer you the investment gold coins available in their stores and shops. On the other hand, on the net, know that the trip is saved and you will also have a better opportunity to find gold coins by expensive and adapted to your needs. Exactly, the online marketplace is competitive and you can easily find the gold coins you are looking for at a very low price. Moreover, in the majority of online stores, delivery is offered. In other sites, you may have to pay for it, but at a lower cost. Another advantage of the internet is that you can make your gold purchase whenever you want and wherever you are. You just need to log on and go to the websites that specialize in this type of investment and find a trusted seller or intermediary.
Use a professional
To invest in gold, it is first and foremost essential that you are aware that the price at which you buy or sell these precious materials varies according to the fluctuation or balance of the gold price itself. Investing in gold is very advantageous, but sometimes, for its proper functioning, it is advisable to seek professional help. Of course, in order to know much more about the notion of investment gold price, it is always advisable to consult a professional before you start. The latter will provide you with the necessary information concerning the evolution of the price of gold on the market and will also help you to identify the ideal periods to buy or sell your gold coins in complete safety. As a specialist in the field, he will know exactly what strategy to use to avoid unnecessary losses on your investment. This way, the risks of your investment are minimized and you will ensure a better return. It is therefore strongly recommended to opt for an agency or intermediary who has worked for a long time in this sector. Since this is an investment, the experience of a professional is indispensable.