Invest in Gold Coins

Minted gold coins have confirmed minimum weight and purity values verified by the government. And that is why Citadel Gold favors them to invest in gold online. Minted coins also tend to have higher liquidity, as you can retrieve your money more easily when needed.

Bullion coins are designed for long-term investments. While they still can be minted, they are not intended for regular spending. Instead, they are designed for long-term holding.

Bullion coins typically hold high purity (often over 99.5 percent), and their weights are precisely controlled and logged. Bullion metals can be made into coins, bars, and rounds, and when you invest in gold coins.

When you think about where to invest gold, collectibles should not be your top choice. Collectible coins derive their value from rarity. While collectible coins can contain precious metals, that is not always the case. For instance, a rare minted U.S. penny might hold high value, but it doesn’t have the liquidity of a coin made with a precious metal.

In general, collectible coins can be part of collections and hold value, but they are not used for standardized investment strategies. The value of collectible coins tends to be far more uncertain.

Generally, you can find a formal price of gold per ounce (or gram). This price is determined by averaging large numbers of gold sales every day. If that average goes up, the price of gold goes up. If the average falls, the price of gold goes down.

To price an individual coin, you factor in the price of gold per ounce. Then, using the purity and weight of the coin, you can determine the intrinsic gold value of that coin.

This generates an expected sale value when you invest in gold coins, but the final price is still a little different. Dealer premiums and market conditions can affect the actual sale price of any coin. For instance, a minted coin with some level of rarity might be worth more than its weight in gold. On the other hand, a dealer working with very high volumes of gold might value a single coin below the market average.

There is no perfect number or percentage for all investors.

With that said, investment professionals often recommend that precious metals make up between 1 and 10 percent of your total portfolio. Some amount of gold makes for a quality hedge against certain market factors, but all investments come with an opportunity cost.

Still, some investors have seen notable success taking gold assets well above the 10-percent mark, and others have seen success with no gold whatsoever.

When investing in gold coins, it’s best that you understand risks and opportunities and match your investments to your goals.

Citadel Gold offers professional storage through our partner, Delaware Depository. We can purchase gold for you, store it, certify your ownership, and liquidate it as needed. In fact, gold purchased for retirement accounts, such as IRAs, is required to be stored in a qualified facility by the IRS. Still, if you purchase gold coins outside of such IRS mandates, you can store them yourself.

If you choose to do so, the recommendation is to use a bank safe deposit box or a home safe. It’s also worth considering an insurance policy for your gold.