Wednesday, October 7, 2009

How to Buy Gold Coins

how to buy gold coins, how to buy gold rounds, how to buy gold coins, how to buy gold bullionDue to the high price of gold, you will need to learn "how to buy gold coins" and skip the idea of buying larger gold bars unless you are very rich. Gold is still a great investment, but the average person can only buy gold in small pieces, thus, the need to learn how to buy gold coins. With the brewing economic problems that we are about to endure, how to buy gold coins is a very good thing to learn.

How to Buy Gold Coins or Gold Rounds
First, you must distinguish the difference between "gold coins" and "gold rounds". Gold coins are coins made of gold that are minted by a government. "American gold eagles" and "gold Canadian maple leafs" are examples of this. Gold rounds are 1 oz coin-like pieces of gold minted by a private mint such as Sunshine Minting, A-Mark, Johnson Matthey, etc. Gold rounds give you more for your money since a premium isn't charged on their purchase. This bit of information will be useful for beginners seeking how to buy gold coins when the price of gold is at its highest.


Additional Tips on How to Buy Gold Coins

If you are considering how to buy gold coins and are ready to run down to your local coin shop, consider this first: You might be able to "purchase gold cheap" online. You may or may not be able to use a credit card or Paypal depending on the website or venue you "buy gold coins" from, but this is a how to buy gold coins method I employ all the time to save money on my gold purchases.

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