You are making a commitment to your future purchasing power by buying gold bullion coins. Only if you pay a fair price! Many novices who buy gold bullion coins first-time overpay and will then have to wait for "the return on their investment".
The intrinsic metal value of Gold Bullion coins is what determines their value. Despite what dealers may try to convince you, it is not based on "coin collecting value". You can also browse online resources to find more information about buying gold bullion in the USA.
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They trade at a premium over the spot. The "spot" price of the metal is what is reported daily on many news media and in financial channels. Some websites offer graphs "live", though sometimes with a slight delay. Bullion coins are typically sold at a premium of 10% above the "spot". However, this can vary depending on the bullion coin type, quantity, and size you choose to purchase.
The coin's size is also important. Smaller coins are more expensive than the spot price. This is evident in the Krugerrand case. It is why companies always recommend that someone save more money and try to buy a one-ounce coin instead of buying two half-ounce coins.
So, buying gold bullion coins is a great way to protect your wealth during these uncertain times. But be careful not to get too expensive. Pay attention to the gold price and calculate your costs.
