Buy Gold Info

Buy Gold Coins in the UK

Interested in finding out how to purchase gold coins in the United Kingdom for investment purposes? Since gold has increased in price for the past five years and is now one of the best investments that one can make for the current period.  It has considerably increased in value in direct contrast to the performance of the dollar in which the price of gold in which its value has always been expressed.  The UK however has laid only a very low interest rate for its gold commodities and also the recent crisis in Europe has made this recent increase. From the recent report of the performance of marketing commodities in the United Kingdom, gold has been shown to be the top ranking investment when it comes to the amount of returns for its investors. Hence, if you are thinking about making a good investment, gold will be the best thing to invest on.

There are several gold trading companies which have their own website that can help you to the step by step process of buying gold in UK. They will also provide a good list of gold sellers and what types of gold coins to buy and also the best time for you to buy them. They will also provide you with the current price of gold in the market and where you can buy them with only a small seller’s commission added. They are all good things to consider before buying gold coins in UK.

If you want to be perfectly assured with your gold coin purchase, the best place to get them would be straight from the place where it is being produced – the London Mint Office.  Aside from selling them through the mint, they also allow buyers to acquire it through online buying. The mint has also an established reputation in the world which is one of the reasons why buying from it will be the best way to get your gold coin. They have an array of either numismatic or bullion coins which are both a good way of investing in gold. There are newer issues from the mint such as commemorative coins from the recent wedding from the Royal family and also the more famous British sovereign. They also have foreign denominations such as the Canadian Maple Leaf and the African Kruggerand.

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If you happen to be lucky enough, you can also obtain a gold coin at a discounted rate which the mint gives for some customers.  They also have an excellent customer service which is one of the reasons why most people are happy to get their coins from them. They can also return the item if they happen not to be satisfied with what they get within 14 days from purchase. Now that is a very rare opportunity for a buyer to take advantage of compared to buying in other precious metal sellers. Not all of them will offer to give you back your money if you are dissatisfied. You can buy their gold coins easily with the quick check-out process that the mint has implemented yet recently.

Sell Gold Coins

Are you looking in to selling gold coins and profiting from the record high gold prices? When you invest in gold coins, there are probably several reasons why you had to do so in the first place. Those reasons also become a crucial factor when you begin to sell them in the market for a profit.  A lot of buyers of gold coins do so for a variety of reasons just as there are several types of gold coins in the market. When you bought your coins, was it for its future investment potential, the rarity of the collection, or is it for the design and beauty of the coins for which you bought them? These same reasons will also affect the type of costumers that you will have and the amount of profit that you can get out of those coins.

Gold is usually thought to be a good investment as its price or value in the market never fails to be valuable for any necessary expense that you may want to make. The currencies of the world may be at a low or high exchange rate depending on its performance in the market but gold is always at the top. To site a clear example, gold has always had its value made in terms of its weight, against the value of the US dollar. As the value of gold goes up, the dollar’s value drops.

This is one of the reasons why some people purchase gold for the simple reason of securing a better financial standing in the future. Gold never comes out of good value and they always have a ready buyer in the market. These types of buyers usually go for gold coins in bullion form. They go for the actual value of gold in its weight and not for their particular design or rarity.

If your gold coin is the same type as above, then you should expect to sell the gold for its current market value . You can also read more about the value of gold coins at this post. Just find the current price of gold in a particular weight such as grams then multiply that with the weight of your gold coins.

If however, your gold coins are made for some commemorative event or has a very interesting design, then you can sell that over and above the price of gold per weight. Some collectors are ready to buy them at your price and even much more than that if it is one of those hard to find editions of the coin. Some examples are the Saint Gauden’s double eagle and some other commemorative coins. You can also try some of the more rare editions gold coins issued by various mints all over the world. But the most sought after would be those from Canada and the USA.

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So if you are thinking of selling your gold coins, you should take into consideration if you are selling some bullion coins or other commemorative gold coins which will cost more than the former. The type of your product will mean a difference to the amount of profit that you can make out of them.

Gold Coins as an Investment

Have you ever considered purchasing gold coins as a long-term investment strategy? People usually think that buying gold coins is one expensive hobby that is only for those who are foolish enough to spend their money on such things. However, what they do not know is that gold coins can also be a secure form of investment which will surely be worth their purchase price today and for years to come.  Gold coins not only have that precious metal content which determines its value, its designs also is one which will make it worth more than double its price in the future. So it’s not a bad investment after all.

There are various minting stations in the world which produces these gold coins. But the most trusted of them would be those which are owned by their respective governments. They produce only hundreds of such coins since it is not supposed to be used for circulation and neither is there such a great demand for it as those of the circulated coins.

What determines a coins value is the karat of the coin or the parts of gold per thousand and the weight of that gold that is actually contained in it. There are several coins which are made from 999.9 percent gold which is considered to be the highest type of gold karat. Others are made from 997 or 995 percent gold which commands a lower price than that of the purer forms. Gold coin weights come in ounce, half-ounce, quarter of an ounce and one-tenth of an ounce which makes it pretty easy for one to determine its price unlike that of gold jewelries which have varying gold weights. Coins are made in these standard forms through the different countries in the world.

The amount of gold or its percentage in a gold coin will also be a valuable asset since the purer the gold the higher is its price in the gold market. Gold coins can be in 24 karat, 22 or 20 karats. Some of the purer coins are the Canadian Maple Leaf and the American Buffalo coins which are made from 999.9 percent gold. They are much more malleable than the other coins but since they were not made to be manually handled, that should not be a problem. There is also the Austrian Philharmonic which is also 999.9 gold. The South African Krugerrand and the some Australian coins are made from 995 gold which is a bit cheaper than the former purer types of coins. A popular gold coin with less gold content is the 2011 Proof Gold Eagle. This coin has a composition of 91.67% gold, 3% silver, and 5.33% copper. The 2011 Gold Eagle coin began being produced at the U.S mint in April 21, 2011.

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The design of a coin and its rarity will also help increase its value in the market. Those which are produced in limited quantities will command a higher price than the more common bullion coins which are mainly for investment purposes. The less of it that was produced, the higher would be its selling price for the collectors who value them.

The value of gold has been continuously on the rise for the past decade and the record for the past 50 years has shown that it will be one of the most important investments that will continue to improve its value as time goes by.