With all the recent turbulence in global equity markets, it is no secret that we live in uncertain times. The more conservative investors have lately turned to one of the safer forms of investment - gold and gold coins in particular. Gold has enjoyed a bumper year with prices recently hit $ 1,000 an ounce as investors buy up shares. According to the World Gold Council total investment in gold rose by 163% in the firstQuarter alone.
One of the most popular ways to invest in gold buy gold coins such as Krugerrands or Sovereigns. Elements such as Krugerrand coins, which individually are 1oz of pure gold, easily accessible from such diverse places as the online auction house Ebay .. Many industry commentators are openly suggesting that investors buy shares of gold coins as safe, long-term investment.
So, what factors you should when buying goldCoins as an investment?
The most important factor is to compare the proportion of the market price of gold for each kind of coin.
Gold Sovereigns
Experts believe that Sovereigns are often worth the small additional premium. The small size and historic significance make them very attractive for most investors .. They tend to be better known than say, Krugerrand coins and if you have in the United Kingdom have the additional advantage that they are free ofCapital Gains Tax. It is suggested that when sovereigns within 2% of the price of Krugerrands can buy coins that this makes them a better buy long term.
Krugerrand Coins
Krugerrand coins are the most famous of all modern gold coins. From one ounce of solid gold, they are usually the highest availability and price at the best coins of its kind on the market. Compared to the rulers do, Krugerrand coins are not as nice, nor are they of suchhistorical significance, but as a sound investment, they are still very popular. What she sees is missing to make it into high quality of production and they are an inexpensive way for small investors to buy gold.
If you are considering buying gold coins as an investment then I can recommend http://buycheapgoldcoins.com as a good starting point.
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