The most popular gold bullion coin is the one-ounce format. Their design makes them very recognizable and they are immensely popular with investors and can be bought and sold through thousands of gold traders around the world. This makes them very portable and liquid, meaning the answer to this question is that it depends on your budget and investment objectives. However, for most investors, SwissBullion, eu recommends bars denominated 1 ounce or 10 ounce, depending on the size of your investment budget.
The most popular fractional gold coins are the US Gold Eagles which, in addition to the popular one-ounce unit, is also available in half, quarter and tenth ounce sizes. Many large gold bullion traders will generally sell a single troy ounce American Eagle gold coin at approximately 4 to 5 percent of the current spot or merger value. Dealers will also purchase them from customers at a price between 2 and 5 percent lower than the sales price. American eagles, Canadian maple leaves and South African krugerrands are some of the most popular gold bullion coins.
Investors should contact several reputable precious metal dealers and buy at the best price. In today's difficult economy, many investors simply can't afford to buy as much gold as they'd like. It's also worth mentioning that the 1 ounce gold bar is the lowest denomination bar with a very low purchase premium. However, it is bullion coins that are most relevant to investors and are not sold by the mint.
Many gold bars are available in grams and kilograms, and this is the most popular size worldwide, especially for smaller sized bars. The Gold Eagle coin has a legal tender value of 50 US dollars and is slightly larger than the 1 oz Gold Buffalo coins. They are intended for investment and are produced through a standard coin process; polished gold coins are inserted into a die and struck once, stamping them with the pattern. This currency is IRA-eligible, making it a solid and affordable investment for those looking to add some gold to their portfolio.
buy gold bars and coins weekly or monthly over the course of several months or years, and plan to keep them for the long term. On the other hand, verified storage in an independent and authorized depository is acceptable to many investors, especially if it involves a large number of gold bars. The Royal Canadian Mint issues its popular Maple Leaf gold coin in half, quarter, tenth and twentieth ounce sizes along with the ever-popular and liquid one-ounce “Maple”. S Gold Eagles which, in addition to the popular one-ounce unit, is also available in half, quarter and tenth ounce sizes.
If you think this is a likely scenario, your best option is to buy most of your shares in 1 oz coins, but add a selection of smaller coins to allow flexibility. An analogy I often use is that, while a tenth-ounce gold coin could produce an adequate amount of meat and milk in the trade, the one-ounce piece may force you to take the whole cow. Smaller bars, including 1 gram and 5 gram gold bars, incur much higher manufacturing costs in proportion to the 1 ounce and 10 ounce gold bar.