More reasons to Acquire Numismatic Gold Coins

Alternative asset

Numismatic gold coins provide an alternative in an individual’s portfolio. Just as the saying goes, ‘do not put all your eggs into one basket’, it is the same with investments. Diversification in investment assets is the main factor to success in the long run. When an investor puts a mix in his portfolio, there is more safety with the different characteristics to hedge his wealth over adverse trading. Numismatic gold performs independently from paper investments like stocks and bonds.

Liquidity

Numismatic gold is considered one of the more liquid assets that one can own as it is marketable any time or place. You need not worry about getting quick cash when there is an emergency because there are always ready to buy gold coins. The transfer is quick without long legal processes. There are many available traders of numismatic gold, whether collectors or professional traders, with a growing base every year.

Tangible real worth

These numismatic pieces of gold contain a real value that can be felt in your hands. It is a tangible asset. You can feel its worth literally. Paper investments are just promises written on a piece of paper which may carry no worth in adverse conditions as the legal authority may not be able to make good on its surface value. But in contrast, numismatic gold has been mined for many years with an intrinsic value stamped on each piece regardless of its collector or type.

Portable and Available

These special gold pieces are easily available for ownership; you can find some good deals even online and they are also easily portable since they are small. Depending on its current value, a small quantity can come to a substantial amount of wealth which can be transported discretely which cannot be done with bigger tangible assets such as art, classic cars or houses. Coins can range in value from a thousand dollars to a few million dollars.

Affordable to all

Numismatic gold pieces are affordable; it is not true that one must be wealthy before you can own one of these rare gold pieces. Many wealthy collectors and investors of numismatic gold coins started off with a small quantity before growing their quantum and their collection. There are many pieces of numismatic gold that are affordable in the market today.

History in the cast

Owning a piece of numismatic gold is likened to owning a beautiful piece of American history in artistic form. Each piece was crafted by a skilled American goldsmith or craftsman or artisan at the start of American history. These gold pieces embody the history of their time while displaying the fine craftsmanship by famous artists. No other assets encompass this feature.

Gold Bullion vs Numismatic Rare Gold Coins

Many people are starting to get interested in how to buy gold. For those that are new to buying gold it can be confusing on the best way to own gold. Buying gold is an important decision and finding an experienced gold brokerage firm can be a good idea to get your questions answered.

The true benefit of owning gold comes from owning physical gold which is different than gold funds, gold mining share, and other gold accounts which leave you vulnerable to downward trends in price.

For greater understanding which is the best way to buy gold for yourself you have to understand the two basic types which are gold bullion and numismatic gold coins.

There are many different forms of gold bullion coins or bars which are issued by countries around the world. The most popular gold bullion coin is the American Gold Eagle. Others forms of gold bullion include Canadian Maple Leaf, Austrian Philharmonic, and the South African Krugerrand.

The price of gold bullion is determined by the spot price of gold plus a small premium for the purchase of the physical gold. Gold bullion can be purchased in 1/20, 1/10, 1/4, 1/2 and 1 ounce sizes.

Numismatic gold coins which are also called rare gold coins have a few advantages over gold bullion coins which adds to their value. Numismatic gold coins are not minted any more unlike gold bullion coins which are minted every year. The scarcity of rare gold coins adds an intrinsic value beyond the just the gold content. Numismatic gold coins are what is called a private position in gold which allows sale of these coins without a 1099-b IRS reporting.