Bars vs Coins - How To Invest In Gold
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- čas přidán 28. 02. 2021
- BARS vs COINS... which type of gold and silver is better to invest in? In this episode of our "How To Invest In Gold" series, Michael discusses the pros and cons of each. This video is perfect for beginners. Questions? Visit www.bullionnow.com.au to find our contact details, we'd be more than happy to help you.
Throughout our How To Invest In Gold series, will be answering the most frequently asked questions on how to invest in gold and silver, plus the other precious metals too.
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Need to buy gold or silver in Melbourne, Australia? Come see Bullion Now for all your gold and silver bar and coin needs, now located right in the heartof the city! Need something a bit more special? Little Coin Shop has you covered with the best collection of collector's items!
And if you need to sell gold, silver or other precious metals... we pay 100% of spot price. To our knowledge, that's the best in the business.
Bullion Now & Little Coin Shop
Suite 605, Level 6
227 Collins St
Melbourne
It’s a healthy addiction, I like it !
Very informative and balanced. Thanks!
U guys are awesome thanks for the information ❤️
Our pleasure!
Please make a video about the differences between year of production towards design of Perth mint gold bar. Especially 10 grams
At the moment here in the states I can get Gold Britannia's and Kangaroo's for the same price as almost any 1 ounce bar except secondary market. It's a no brainer for me to get Govt Coins.
I remember asking for this video and you guys have provided with quality as usual ! Keep it up guys 👍
Our pleasure!
good Info , I love that 100g gold bar , One day :)
make a video and how and where to sell mate
Buy Coins for change. Once you have enough change to 10 oz. bars. then 100 bars for larger purchases.
New to all this got my first coins delivered today from bullion now fast delivery coins arrived undamaged unlike my last purchase from melb gold will be buying more of you guys thanks!
Great to hear your order arrived safely!
I've got a soft spot for the coins particularly the 5, 10 Oz and 1kg ones. I like to see the detail of work that goes into the design of the coins. The problem is there is so much on offer its hard to focus on certain ones 😁
Too much choice is annoying sometimes, thats for sure!
Are there 5 oz., 10 oz. and 1 kg. coins?
Nothing wrong with a one-trick-pony. I like all of my BIG SHINY ONE-TRICK-PONIES🆗😎.
Great video.....why choose buy both !!
thank you
Good choice!
Any word on the 2021 ases yet
You didn't mention what is best for superannuation...
You also didn't discuss that when it comes time to off-load your [rare] collector coins, dealers never, ever, pay collector pricing and reality check, it's only worth what someone will pay for it, in my experience collectors are a myth and only exist in retail, never in wholesale or reselling.
If by chance you do fluke it and can sell at high prices... the only real way to achieve this is through auction, then you're robbed blind by all the commissions and taxes etc.
Coins are like art, the only people making the money are the dealers, however they're pretty and shiny to look at and love, but should never be seen as an investment..!
Thanks for your input, gave me a new perspective
Absolutely correct!
In a shtf scenario...people will question the authenticity of a bar. Coins are very recognizable and people are less likely to counterfeit a government issued coin...which is a jail-able offence. There is a collectors market on forums, ebay etc..But you do make a good point as well.
Nice video,
Can you do one on capsules!
Thanks
Great suggestion!
@@BullionNow thank you
Have you seen the madness in the UK at the minute with the Royal Mint 2oz Silver Three Graces coin. Issue price of £250. Spot price around £20/oz. Crazy right to pay so much over spot? Coin sold out in minutes and is now changing hands for £2000 just a week after release. Wish all coins appreciated like this one
Asian coin dealers gamed the system and now they are drip feeding supply. It's only a reproduction so in the long term will underperform original patterns, proofs and key dates.
GREAT INFO. definitely interested in 'exit strategy'. I plan to hold my metals for quite a while but if I need to sell for any reason want to know there will be a market for it.
HODL!
@@BullionNow HODL?
"Hold on for dear life" or in other words: never sell because you think and hope it will keep going up
Think about this if the paper money becomes no longer available or worthless and you have gold either bars or gold coins which one do you think people would identify with better? if it came to using/ selling/ trading the gold to live?
Great point!
Best place to buy gold in Sydney?
Michael, are you coming to the air show in the Hunter Valley?
Maybe... 😏
gold is gold silver is silver. know matter how pretty. but if you like to gamble on a coin go for it. but isn't there something about eagles in the us. that they can't be taxed if left to family as inheritance?
When selling bars or coins do I sell them at the current gold market price or I negotiate the price
SPOT (CURRENT MARKET PRICE)
What is the mintage for the 2oz Lunar?
7221 2 ozt coins were minted in 2008.
Meron ako gold coin pano ko bibenta prom pilipins
I love you
Also bars take up less storage space
Depends on the coin packaging.
@@BullionNow it's literally impossible for coins to store more efficiently than bars. Coins being circular have gaps between them when stored side by side, whether it's air or plastic. You can dump coins into a box but still it's going to be full of air gaps. Compare that to a stack of bars, bars are kings when it comes to storage volume 😎
@@AY-qf4pg A stack of coins has no air gaps.
Bar or coin? I choose goldbar
👍
all giga
The perth dragon is higher than the eagle
:)
It just like a car collector, only the collector who can afford to buy, just like bitcoin, it becomming a speculative collector coin...not a store of value like gold and silver
In today's market nothing in silver or gold is anywhere near spot.
Larger bars can be pretty close. You can also get "junk" silver for spot.
giga
I found it not fair for who's gonna buy a golden bar...at the end it should kept their price otherwise what's the benefit from buying gold if it's will lose some of its value!!!
The printing and the art on the coin it's just another way to rip you off !
dealers always gonna decrease the value ...they won't buy it about the market price . some of them they won't buy they only sell it and some of them when they see your urgency for selling they will give you less then what you expected!!!
where is the safe side in holding its value?
at the end , you buy at the market price and when you sell they will give you the low rate for selling !!! keeping the gold for long time maybe it will keep the value but when you sell after months you will always lose .
Who wants to sell gold in 1 month?
I bought stock aswell
All I can say the Perth mint ran out almost any size of silver apart from kangaroo...and what about you guy, the 10 ounce and kilo bar from Perth mint still available...
scam alert in the comments care... bitcoin scammers are everywhere now
God created Gold in the beginning and we all know everything He created was/is good, therefore, Gold will never loose its value. Regardless of crypto-currency.
In a beginning not the beginning.
@@l.-..__l the.
Also created satan in the beginning. God must not be too smart. Or..... We're misinterpreting what we're reading cause we know NOTHING
I became uncomfortable when this man said , “in 2020 we can’t say” when he was talking about the price going up. That to me would make go somewhere else.
I've stacked both ... i prefer bars ... they are liquid ... no haggling over price ...
I love you
giga