December 3, 2009 – Keep these hard and fast rules at the forefront of your mind when you decide to invest in gold coins, otherwise the gold coin market could get tricky.
#1 – Take physical delivery of your gold coins if possible, or have them securely stored for you at a reputable facility such as HSBC Bank or Wilmington Delaware & Trust. Gold-Investment.info recommends that you store your coins at your home or in a nearby safety deposit box, and IRA investors should have their gold coins stored by either Sterling Trust or GoldStar Trust.
#2 - Check the Better Business Bureau (BBB) reports on any gold exchange that you could potentially do business with, and avoid companies that have low grades and/or multiple complaints. Reputation is the cornerstone of a successful gold investment, so locate a company that maintains an A rating or better. Call Gold-Investment.info directly or email us for more information on gold exchanges that have A+, Zero Complaint ratings with the BBB.
#3 – Insist on an account agreement from any company that you wish to buy gold from. A shipping insurance account agreement is an acknowledgement that anything could happen in the market, and brokers who make guarantees or promise positive returns should not be trusted. Also, a shipping insurance account agreement is a sign that your gold company is willing to ship your gold to you.
#4 - Select the most widely traded gold products, because you save stress and money by investing in items that other investors also desire. Savvy marketers are great at fabricating fascinating stories about obscure rarities, and countless investors sadly fall prey to these unethical pitchmen. You should invest in gold coins that are issued by long-standing mints, and certified, pre-1933 gold coins. Investment-grade gold qualifies for those parameters, so stay within these boundaries if you would like to be successful in the gold coin market.
#5 - Demand that your gold be shipped within 10 business days. The is the maximum time that a company can hold your gold after your funds have cleared, and most major gold exchanges can ship within three business days. Your invoicing and client satisfaction survey will come separately and confidentially, as long as you have chosen a reputable dealer. Follow these five rules to make a wise gold coin investment, and feel free to contact us through our secure email server or call our toll-free number if you would like the best information on how to invest in gold coins.
Stewart Lawson
Senior Staff Writer - Gold-Investment.info