Investing in gold is a good idea most of the time regardless if you are a professional dealer or a casual investor. Whether you will be investing in gold bars or gold coins, the prices will always go up. That is the good thing about gold bars and gold coins, it is always a safe investment that will let you liquidate every time you need to or cash in on your earnings. But the process when it comes to buying gold coins and gold bars are not that clear though.

The first thing that you need to know is that you will be able to buy gold coin online and gold bards in so many various sizes and shapes. And if you are planning to invest in gold coins, you should buy larger quantities in order to increase the profit of your investment. That is because every time you will be buying small amounts, the gold coins and gold bars will carry a much higher premium over the basic price or the spot price of gold. And the bullion dealer or trader will add his mark up to that. There will also be insurance and shipping costs every time you will be buying gold coins online or from mail orders. All of these will cut into your investments so you should buy large quantities. Always remember that the premiums will be lower if you will be buying more.

It is actually true that you can get the biggest profit if you will be buying gold bars in larger quantities. Aside from that, they are also less expensive compared to gold coins when it comes to the design so they will always have a lower premium. So if you are really interested in collecting gold, then you should go with the gold coins. Gold coins usually have a higher value than the gold that they were made from. That is because of value of the collectors associated with the gold coins, and the production and minting costs that will go into producing the gold coins.

So overall, buying gold coins and gold bars as a hobby or an investment is really a profitable thing to do. You just really need to take note that the gold coins and gold bars are only worth investing if you will be able to buy larger quantities. But it is still a fun hobby either way because you will have a chance to earn a lot of money. So you should make sure that you know all the things about this type of investment and know where you can get these gold coins and gold bars today.

View here for more info on gold coins: https://en.wikipedia.org/wiki/Gold_as_an_investment.

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