The best gold to buy from a pure investment perspective is bullion gold, minted in the form of bars or coins by nationalized banks or mints. Gold serves a lot of purposes. It is –
• An instrument for wealth-building
• A hedge for the portfolio against market uncertainty
• An alternative for currency
Here are 4 points on buying investment-grade gold
• You can purchase them from authorized sellers.
Though you can also sell gold to a pawn broker, if you are searching for places to “buy gold near me”, then where we buy it is very important. You can purchase investment-grade gold coins, and bars from US Mint authorized sellers listed on their website. The other place to buy gold bullion is banks, as many nationalized banks manufacture gold bullion for sale.
• The numismatic value of gold
Many gold coins have numismatic value; that is, they are rare editions and are in great demand among collectors. These may be an American Eagle Gold coin of a rare year or a Pamp Suisse coin of a rare design launched as a limited edition coin. You can sell them on auction sites or to gold dealers who stock the best gold to buy.
• Buy gold online
You don’t have to look for a dealer to “buy gold near me”. You can buy gold online from dealerships endorsed by the US Mint. They advertise the details of the gold, including design, name of the mint where they are manufactured, weight, purity, and the unique identification number that signifies its authenticity. You can place an order online, and the dealer will discreetly pack your purchase and mail it to you.
• Some internationally recognized mints
If you purchase gold bullion from internationally recognized mints, you can sell them for the correct value to any international dealer. Some of the world-famous mints and their famous coins are –
• Pamp Suisse
• Credit Suisse’s Lady Fortuna
• Perth Mint’s Australian Gold Kangaroo
• US Mint’s Gold Eagle
• Canada’s Maple Leaf
• People’s Bank of China’s Golden Panda
• South Africa’s Gold Krugerrand
• Austrian Philharmonic
Other designs are well-known. The smaller-sized wafers have designs with gold bars, while the big bricks only carry information about the bar. It is important to choose wisely when one purchases gold bullion online.
Pick your buyer and seller wisely and ensure that the gold bullion you purchased is properly covered in the protective assay package.
