Although all investments are volatile, especially with current state of the global economy, tangible assets such as precious metals are growing in popularity, as many individuals prefer to invest their money in solid objects that they can physically possess. Stocks, bonds, futures, and other intangible assets simply do not provide investors with the sense of security that gold bullion does. If you want to purchase gold bullion, consult the guide below.
Secure a Place to Store It
Before you purchase your bullion, you will need a place to keep it safe. If you intend to keep your bullion in your home, you will need to purchase a fireproof safe. This not only safeguards your bullion in case of a fire, flood, or other unforeseen disaster, it also keeps it secure from burglary. If you don’t have a safe, you can also rent a safe deposit box at a bank and keep your bullion there.
Select a Form of Bullion
Gold bullion comes in two main forms: bars and coins. Bars have no decoration, and they are minted at high purity rates. Their sole value comes from the amount of gold they contain. Bullion coins, such as the Gold Eagle, the Gold Maple Leaf, and the Krugerrand, are minted by governments and also qualify as legal tender, though their total value is little more than the value of the gold they contain. When choosing between coins and bars, the main factors you should consider are price and quantity of gold.
Work with an Established Dealer
Because gold is so valuable, counterfeit bullion does circulate on the black market. Counterfeit bars and coins are alloys diluted with non-precious metals and sold at the price of the real article. When you purchase your bullion from a reputable dealer, you can receive certificates guaranteeing its purity and provenance.
At California Numismatic Investments, we have provided our customers with quality gold, silver, and platinum bullion for over 30 years. We also purchase precious metals. If you are looking to buy or sell gold, call us today at (800) 225-7531.