What is the best premium gold to buy? swiss pamp,credit sussie,istanbul,etc???
2007-03-13 16:59:11 · 3 answers · asked by johnnyBgood 4 in Business & Finance ➔ Other - Business & Finance
The best buy are the so-called bullion coins with a fine gold amount of 1 ounce (or 1/2, 1/4, 1/10). As far as I know, there are only four popular coins - the US Eagle, the Australian Nugget, the Canadian Maple and the South African Krugerrand.
These coins are easier to resell as well, as the banks would consider a discount on "strange" gold bars.
2007-03-14 08:52:53 · answer #1 · answered by swissnick 7 · 0⤊ 0⤋
I would buy historic American gold coins. Buy the most valuable coin you can afford. Make sure it has been professionally graded and slabbed. There are very few of these coins left and More coin collectors are born every day. Gold bullion is good for historical fluctuation but Gold is a very stable investment. Back in the 1850's an ounce of gold would buy you a nice suit. Today an ounce of gold will still only buy you a nice suit. But the 20 dollar gold piece the guy used in 1850 may be worth hundreds of thousands today depending on the quality and scarcity of the coin. Never keep your collection at home. Use a bank safety deposit box.
2007-03-14 19:48:12 · answer #2 · answered by carolinatinpan 5 · 0⤊ 0⤋
Canadian Soverigns its the purest gold in the world and always has a prem. spot dont bullion spot if you actualy take posession you will have assorted junk gold buy futures in it dont let them mature
2007-03-14 00:08:07 · answer #3 · answered by havenjohnny 6 · 0⤊ 0⤋