I understand you can buy gold coins over the counter at Banamex (Citi), but not sure what happens coming back into the US as far as customs.
(949) 364-0990 Buy Sell Loan Coins Gold Sliver Platinum in Mission Viejo CA Jewelry Pawn Shop Diamonds Currencies Watches Supplies Bullions Coins http://www.london-coin-coll… What makes a coin a …
Since the United States mints gold coins, along with dimes, nickles, quarters, etc. shouldn’t all currencies be available at a regular bank? Why does one have to go to a “coin dealer” to buy a gold coin with a premium paid?
I want to buy gold,but I don’t know if it is better to buy gold bars or gold coins.Can somebody explain my which is the difference and which of these 2 is a better investment?
In this episode of Spare Change we take a look at the Indian Head Eagle gold $10 coin designed by Saint Gaudens. This Beautiful gold coin was designed in 1907 and has become a collector favorite. W…
when I bought my coin gold was at 670 aprocamatly they charged me 10 dollars so I paid 680. Now when I retured gold what still again at 670 so I expected to pay a 10 dollar fee, this @#%C$% said Ill give you 540 for it , he then said how am I supposed to make a profit , I had to bargain with him like I was in tijuana. he gave me 630 . he is the only gold dealer in town is he useing his monoply or what when I lived in salt lake whether you bought or sold they would charge the same sellers finders fee , which is fine but 540! what s the point of even investing in gold or silver. I think he is just a crook or am I wrong?
I am looking for a shop which sells gold coins ni hong kong preferabbly they should have a website to.
Mike Maloney of goldsilver.com discusses different ways of investing in precious metals such as gold and silver
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Krugerrands are gold coins that were first minted and issued in 1967, and have been produced every year since. They are legal tender in South Africa but because of far sighted attitudes from their makers they have been imported into many countries without import taxes, duty or VAT. This has made them easily available at good prices over the intrinsic value of the gold they are made from, and therefore an attractive proposition for private gold investors.
Originally, only one size was issued, which contained one full troy ounce (31.1035 grams) of fine gold. These coins were the original Krugerrand, or Kruger, for short. From 1980, three other sizes were introduced, namely a half, quarter, and tenth ounce size. Because of these new additions, the original Krugerrand is sometimes referred to as a “full” or “one ounce” Kruger.
One of the best ways to purchase gold coins such as Krugerrands is on Ebay. Their auctions always prove that point that the value of a coin is only what is buyer is willing to pay for it, and on eBay it gets right down to the real action. Using EBay or sites like www.buycheapgoldcoins.com it is easy to search for the coins you wish to acquire. Just type whatever you want in the search box, or browse using the menus and you will view all the auctions related to the coin.
Of course, its very safe to buy Krugerrands on Ebay as long as you take the proper precautions. There are many ways buyers are protected, but the best way to determine if a dealer or individual are reputable is to look at their feedback score and you can also view the comments previous customers have left for the seller. Beacuse you are buying gold coins I would recommend that you only buy from dealers with 100% feedback, but you have to take everything into consideration. If a seller has a feedback score of less than 100% he still may be a reputable dealer. Look at the total comments left in the upper right hand corner of the auction page.
Krugers are a very attractive proposition for private investors, especially with today?s soaring gold price! The Kruger was originally made available to world bullion dealers at a 3% premium over the prevailing gold price, so that after distribution costs, the coins would be available to investors in quantity at about 4% to 5% over intrinsic gold values, and possibly 10% premium for single pieces. This means that you will generally pay a higher price from a dealer than you will from EBay ? and remember you shouldn?t be concerned about the aesthetics of the coin ? its value is in the gold it contains, not how it looks!
With today?s rapidly rising gold price and turbulent stock markets, coins such as The Krugerrand are a very safe long term investment for individuals. For example if you had bought a Krugerrand on the first of January 2008 it would have cost you around $846 ? the same coin is now worth over $1000 just 6 months later, and predicted to go as high as $1100 by the end of the year ? that?s a whopping 30% growth for the year.
Why are gold coins better then gold bullion?
1. Gold coins can appreciate at a faster rate then gold bullion.
2. Gold coins are exempt from confiscation by the U.S. government.
3. Gold coins can gain value at a faster rate then gold bullion because they have a limited mintage. Gold bullion is mined continuously throughout the world which increases the supply offsetting demand which can result in lower price gains.
4. Gold coins gain in value because investors want assets that are non reportable. Gold brokerage firms are not required by law to report gains you experience to the IRS the way your stock brokerage firm or bank are required. Since we can not tell you not to pay your tax on the gains, we recommend telling your accountant.
5. Gold is gold. Gold coins are a true form of portable wealth. You can take your gold coins anywhere in the world & liquidate them.
The moral of the story, buy gold coins before considering gold bullion. You will make money, safely. For more information on gold coins as an asset acquisition option got to http://www.goldcoinsgain.com.
Gold is the ultimate asset.
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