Before we examine whether gold bars or gold coins for investment are better, we must remember one thing. Any type of precious metal bullion is a better investment than paper currency.
What is Better, Gold Bars or Gold Coins for Investment
Gold Bars
Gold bars are suited to the serious, large-scale investor who wants a simple and
On the other side, it is difficult to sell a 1-kilo gold bar as most investors are not familiar with gold bars, and you will need to find a larger dealer, as finding a private buyer is going to be a difficult task.
Gold Coins
Gold coins are the type of investment suited to the smaller investor. I personally prefer to invest in an ounce gold bullion coin, rather than an ounce gold bullion bar, as coins are massively produced and can be purchased at very competitive prices, compared to gold bullion bars.
Gold Coins Quality Guarantee
The quality of gold coins is also guaranteed by the government, rather than a private
Older coins, such as the British sovereign carry a higher premium, rather than modern coins such as the Krugerrand. At the same time a large-scale investor, who will actually invest in a large number of coins will actually pay a small premium.
Final Words
My recommendation for large-scale investors is to invest in gold bullion bars, as
A smaller investor is better off investing in gold bullion coins, preferably older coins such as the British sovereign, as the sovereign carries a high premium. In addition, coins are easy to resell.