The best type of gold for the long term investor in physical gold is investment grade certified gold coins. There will never be any more certified rare American gold coins than there are today. Over the span of years certified investment grade gold coins have the potential to substantially outperform gold bullion, not to mention stock market averages such as the Dow Jones Industrials.
It is important in smart gold investing to deal in coins that have a sufficiently large and fluid market so that purchase and, especially, sale are more or less routine. The certified gold coin market has extremely rare items that rarely come up for sale and the market has rare coins that trade regularly. For the investor who wishes to hold a coin for several years and then sell at a high point in the market it is wise to be dealing widely traded coins within the rare gold coin market. The purchase of an extremely unusual gold coin may be interesting to the collector but will ring up in the loss column for an investor if he or she cannot find a buyer.
Here is where dealing with a reputable, professional is especially important. A large, professional gold exchange will have access to the entire spectrum of certified investment grade gold coins putting you, the investor, at the heart of the rare coin market. Also a reputable gold coin exchange will only deal in certified, investment grade rare gold coins. These gold investment products appreciate more over the years and have a ready market as they have been authenticated and graded by one of the two leading rare coin certification services in America, PCGS and NGC.
A popular option is the Saint Gaudens Double Eagle. This gold is the last $20 gold piece minted in America. This rare coin still is available in sufficient numbers that it trades readily on the rare coin market and it trades with sufficient regularity that its purchase and sale prices are current. For the investor who does not want to have to wait long periods of time for a coin to come available or to sell this factor is important.
Last but by no means least rare gold coins were spared when the government confiscated personally held gold in 1933 at the start of the Great Depression. Coins whose value was substantially above their gold bullion content were spared confiscation.
To talk to one of our gold experts about long term gold investments feel free to call 1-800-300-0715.
