Gold bullion coins are an internationally recognised store of wealth that has been used for thousands of years. These coins represent the ultimate form of money and they can offer many advantages to both new and experienced investors.
What are gold bullion coins?
Gold bullion coins are not just disc-shaped legal tender made from gold. Their weight and purity need to be guaranteed by a sovereign state. The weight of gold in each coin also determines the value and its status.
These coins differ from numismatic and semi-numismatic coins. The value of numismatic coins is based on their rarity and historical significance. Similarly, they differ from gold jewellery and other collectables. The craftsmanship involved in making gold jewellery largely decides the value. The gold content of gold jewellery makes up only a small portion of the price.
To be considered as investment grade gold, the gold content of bullion coins must be within a specific range. They can range from 99.5% purity to 99.99%. The gold content of gold jewellery, on the other hand, can range from 37.5% (9-carat gold) to 99% (24-carat gold).
Why should you invest?
Investing in gold bullion coins with GoldCore is an exceptional way to enter into the world of gold investment. This is because of the wide range of benefits. These benefits include affordability, liquidity, durability, and flexibility. Therefore, it is an excellent way to protect and build your wealth.
Low premiums are one of the most attractive features of investing in gold. A premium is a difference in the spot price of gold, and the price of bullion coins. This premium consists of the costs involved in minting the coins, transporting and storing them. This also includes a narrow margin for the gold dealer.
Expertly minted, these coins come in a vast variety of designs. Their intricate designs are not only impressive and aesthetically appealing, but they also have anti-counterfeiting aspects. Complex designs, unique markers, and micro-graving mean that they are extremely difficult to counterfeit.