Tips to Buying Your First Pieces of Gold And Silver

Although there are other precious metal coins as an investment, mostly old European gold bullion coins, they should be avoided by most investors. Gold Eagles are the best selling bullion coins in the world, as millions of investors have made them their preferred investment.

Gold bullion coins, on the other hand, sell at small premiums over the value of their gold content and make the best gold investments.

When investors search the Internet for information about coins as an investment, they often are confused by the many sites that promote numismatic and collector coins, which sell at high premiums to their precious metal content. Today, American Gold Eagles are the best selling gold investment bullion coins in the world.

For readers interested in investing in precious metals, there is lots of specific information about the various bullion coins available as precious metal investments. Mexican 50 Pesos and Austrian 100 Coronas are lesser known bullion coins, which often can be bought at smaller premiums than Krugerrands, make excellent gold investments.

Precious metal coins as an investment provide hedges against currency debasement and devaluation. Canadian Maple Leafs, once nearly as popular as Gold Eagles, have fallen into disfavour as investments because the coin’s design results in the coins being easily scratched and damaged.

The World Gold Council’s Gold Investment Digest (GID) is the leading quarterly industry analysis on precious metal price performance on a historical basis and relative to other global financial assets. Less-known gold as an investment coins include Australian Kangaroo/Nuggets, Austrian Philharmonics, and Hungarian 100 Koronas (sister coins to the Austrian 100 Coronas).

When considering investing in silver you may want to check out 90% silver coins. Although not bullion, circulated pre-’65 U.S. 90% silver coins, (commonly referred to as junk silver coins because they have no collector value, essentially are bullion silver investments because $1,000 face value (a “bag”) yields right at 715 ounces of pure silver when refined.

Investors who buy 100-oz silver bars generally ignore the survival aspect of owning silver, which comes with owning pre-1965 U.S. 90% silver coins and 1-oz silver rounds. 10-oz silver bars provide features of both silver investment bars and of survival forms (junk 90% coins and 1-oz rounds).

Now more than ever before, gold and silver investments are shining as flocks of investors enter the market in order to protect themselves from a potential collapse of the United States economy.