Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are Gold Coins Better Then Gold Bullion?

0
Posted

Are Gold Coins Better Then Gold Bullion?

0

Gold coins are legal tender. That means that you could go to a store and buy something with it. That’s because it’s real money. But because nobody does that, the cashier may or may not know that it’s real money. But gold bullion is nothing more then a piece of gold that is in the form of a gold round or a gold bar. So even though both are made of the same valuable material, it doesn’t mean that they’re both the same. Even if both contain the same amount of precious metals. There are many things to consider before you buy a piece of gold. The first important difference is that gold rounds and bars goes up and down in value according to the current gold spot. Rare gold coins don’t do that. They coins go up and down in value according to their rarity, supply, and demand. The bullion rounds/bars on the other hand only follows the current spot value and that’s it. It is only worth what gold spot is currently worth. There is no potential in gold bullion. When you buy it, you must pay $10 dol

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.