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How to Buy Gold Bullion Coins

keith — Sat, 17 Apr 2010 09:50:00 +0000

While the world seem to be in the middle of a Gold Rush Silver has been steadily growing in value .
Although Silver has not grown at the same rate as gold it will probably continue growing in value.
One investor tried to corner the market in silver but was eventually thwarted.

How to Buy Gold Bullion Coins
Bullion Coins – what are those?
A Bullion Coin is simply a coin that is made of a precious metal - Gold, Silver, Palladium and Platinum are the standard precious metals used to mint bullion coins.
There are two kinds of bullion coins – modern coins made for investors and
Precious metal coins used in previous times as a means of easily transporting Gold or silver from a colony to the owners home city (these you will instantly recognise as pirate treasure !.)

Spain was the main country which explored Central and South America for the mineral resources of Gold and Silver. These were collected and melted down into coins for transport back to Spain. The only problem was the pirates and privateers who robbed them on the way back.

(One of my own ancestors was a privateer who razed the City of Panama and liberated their gold and silver resources)

Bullion coins from the 16th and 17th century carry a hefty premium when they are accompanied by a certificate of authenticity.
Modern day treasure hunters look for pirate treasure either on land or at sea and sell what they find. These are mostly from shipwrecks found by much research in Admiralty records worldwide. Sailing was not the pleasant business of nowadays though and shipwrecks were common (there are over 30 in the river below my own garden ..) Warfare also contributed its fair share of bullion and many armies throughout history have buried and lost the money they were going to pay their men with.
The most commonly offered bullion coins are those from the Atocha shipwreck and these are sold by the people who discovered the Spanish ship complete with its cargo of coins and other treasures. Some of these are sold as jewellery or other collectables. This was a huge find and has reaped vast rewards for its finders.

Other sources of silver coins and ingots are the California silver mines where miners are believed to have hidden their own caches of treasure. Ingots claiming to be from this region sometime turn up on auction sites.
Going back further in time, the past wars in the former Yugoslavia have also unearthed bullion hidden during Roman times and these are very collectable in good condition.
So we have several factor to take into consideration when looking at older bullion coins – condition of course is paramount but we should not underestimate the attraction of historical links – as collectors love to own coins from famous battles, pirates or ones with another romantic history.

Modern Day Bullion

Bullion Coins today are very popular as a hedge against inflation and because of the current distrust of the banking system.
Banks may have proved themselves untrustworthy as many people can testify.
Traditionally countries like France and Belgium have found themselves at the centre of a number of wars and gold bullion has been the solution for residents

Modern Bullion coins are minted by many countries and can be purchased easily on websites like eBay. This is the easiest way to buy from a wide range of gold and silver bullion coins and ingots.
The next easiest way to buy is from a coin dealer where you will be able to inspect the coins or ingots.
Surprisingly Amazon.com offers both ingots and bullion coins .
So what Bullion coins are actually available to the independent purchaser ?

Gold Coins
South African KRUGERRANDS are an international favourite offering 1 troy ounce of gold ( most gold bullion coins are in multiples or fractions of a troy ounce.
The next Most Popular coin is the American Buffalo .This is a one Ounce Gold coin with a face value of $50 (but of course it is worth much more than that !)
The American Eagle Series of Gold coins are very worthwhile looking at as they are available in various denominations.
The St Gauden is a very lovely coin and is popular with collectors. However there are forgeries of this coin around.
Other popular Gold Bullion Coins include :
Australia – the 1 Ounce Gold Nugget
Austrian Philharmoniker Series of Gold Coins
The Canadian Maple Leaf Series
France – Rooster Series
Israel Gold Coins are popular too.
The Mexican Libertad
The British Sovereign
Swiss 20 Franc Helvetia
China Zodiac Gold Coins

2005 $5 1 10oz Gold American Eagle NGC MS 70
US $218.88

2002 MS69 NGC gold label american silver eagle
US $74.99

1 GRAM 999 BUFFALO SILVER BAR 4 22K GOLD $20 StGAUDENS COINS 5 GOLD VIALS
US $11.99

1996 American Eagle One Tenth Ounce Proof Gold Bullion Coin
US $196.09

1866 Three Cent Nickel VF FREE SHIPPING
US $16.55

1878 CC Seated Liberty Quarter SHARP AU UNCIRCULATED SHIPS FREE
US $212.50

You will ALWAYS pay more for Bullion Gold Coins than the official gold price.
The margin depends on the costs of manufacture, storage and distribution.

Silver Bullion Coins are very much worth considering.
There are also other options for the individual investor.
These include:
Swiss 10 ounce Gold Bars

There are rounds ,mixed lots of bullion, scrap gold bullion

Platinum Bullion coins including some unusual platinum bars and platinum coins recovered from the World Trade Center vaults of Johnson Matthew (the platinum Year of the Dragon coins)

Another option for collectors is Proof Coins (again a little more expensive)
These are superb quality coins double-struck with a heightened value .
You can find these from China (Gold Pandas) American Eagles etc.
Many countries have also produced commemorative coins in gold or silver but as some of these are limited editions these may be less attractive to bullion investors.

Hints on Buying Gold Bullion :

1: Never use an instant money transfer company to pay for gold coins – these are favourites for fraudsters.

2: check with the vendor on any internet site (like eBay) to avoid buying from a stolen account

3: Decide what value and type of coins/bars you are looking for.

4: Never buy from strangers in a café or pub/bar – this is a sure way to get robbed.

5: If you are buying in person then take a friend with you as a witness/security

6: Check if delivery costs are included (registered post please !)

7: check the bona fides of any company you buy from on the internet.

8: If possible check up on the background of any seller before you buy.
This includes ebay feedback - especially on delivery.

Bullion makes a superb gift for a loved one – especially when it can be used as jewellery (several of the swiss bullion pieces are suitable as pendants etc.

Shining Bling Crystal Stone Decorated Dial Ladies Womens Dress Gold Wrist Watch
US $.02

Alias Kim fashion rose gold plated women XMAS GIFT charm bracelet wrist watch A5
US $1.56

Explorer Stylish AK Homme Mens Mechanical Automatic Wrist Watch Coffee Gold Dial
US $1.56

NEW SALE Fashion Jewelry White Charm Braided Clip On Cord Rope Girl Bracelet
US $3.98

Heart Cut Green Emerald Silver Tone Pendant Free Necklace For Dress
US $4.98

gold fashion Alias Kim women lady GIFT Analog charm bracelet quartz wrist watch
US $1.44

Or consider a Gold Watch – several are actually made from $20 pieces.
I hope this helps you if you want to know How to Buy Gold Bullion Coins

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Gold Bars in Vending Machines

keith — Sat, 17 Apr 2010 09:43:54 +0000

While everyone seem to be in the middle of a Gold Rush Silver has been steadily growing in value .
Although Silver has not grown at the same rate as gold it will probably never reach the dizzy heights of gold.
One investor tried to corner the market in silver but was eventually foiled .

German people are currently quite nervous about Gold.
After all they have seen in the past some of the worst recessions of all time.
The current recession has hiked up the price of gold to dizzy heights.

One company has had a bright idea for marketing gold bars from vending machines. Just like Candy Bars.
Over 500 of the gold bar vending machines are to be installed at airports.These will be in public areas.
You will be able to buy gold bars in various weights from 1 gramme upwards.
Each bar will be supplied in a metal gift box which will contain the gold bar plus a certificate that guarantees authenticity and the purity of the bar.
Each vending machine will contain 50 thousand Euros worth of gold bars.

2005 $5 1 10oz Gold American Eagle NGC MS 70
US $218.88

1 GRAM 999 BUFFALO SILVER BAR 4 22K GOLD $20 StGAUDENS COINS 5 GOLD VIALS
US $11.99

1 1 GRAM PURE GOLD OVER 999 SILVER MAPLE LEAF BULLION ART BARS
US $6.80

3 1 GRAM PURE GOLD OVER 999 SILVER MAPLE LEAF BULLION ART BARS
US $16.99

CANADIAN MAPLE 10 Grams 999 PURE GOLD LAYERED MINT BULLION BAR NO RESERVE
US $5.63

20 GRAIN gr 24K PURE 999 FINE JUMBO GOLD BULLION CERTIFIED BAR FREE 5 g SILVER
US $99.99

The scheme is launched in Germany and German speaking countries first and will then be extended throughout Europe and the west of the World.
Apparently the company is happy that security at airports is quite sufficient to protect their investment.
Bars will cost from 30 Euro each upwards according to the weight of each gold bar.
Or you could just buy them here ...

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Buying Bullion

keith — Fri, 16 Apr 2010 15:50:40 +0000

While everyone seem to be involved in a Gold Rush Silver has been steadily growing in value .
Although Silver has not grown at the same rate as gold it will probably continue growing in value.
One investor tried to corner the market in silver but was eventually foiled .

Buying Bullion

So you want to buy BULLION ?
Are you sure about that ??
Bullion has two ways it can go - up or down .

Before buying bullion have a look at gold and silver prices on google trends.
This will show you how the market is faring this week.

If it is going up then a buy may be in order and vice versa

Ask yourself what kind of bullion you wan to buy - Gold, Silver or Platinum.

There are several ways to buy bullion - one of the best is of course this site.
There you will have no bad surprises when you get the bill.

If you are buying for someone else then try to go with them to the bullion dealer.
Bullion dealers often do not like dealing with new customers.
They are not only shy but also worried about being robbed.

With strict money laundering laws in most countries this is another reason that they do not like large buys in cash.

Some bullion dealers offer a storage service in secure vaults and may or may not charge rent on your gold if you buy from them.

Never pay for bullion by any instant money transfer service. (Like Western Union )
Check out the seller on the internet and use words like scam,fraud and con + the sellers name.
Its a quick and confidential way to get an instant check on them.
Does your BANK sell Bullion ? Many do sell small quantities of gold.
If you want a largish quantity of gold or platinum then make a trip to Switzerland or Lichtenstein where the only reference they require is cash.

2005 $5 1 10oz Gold American Eagle NGC MS 70
US $218.88

2002 MS69 NGC gold label american silver eagle
US $74.99

1 GRAM 999 BUFFALO SILVER BAR 4 22K GOLD $20 StGAUDENS COINS 5 GOLD VIALS
US $11.99

1996 American Eagle One Tenth Ounce Proof Gold Bullion Coin
US $196.09

1866 Three Cent Nickel VF FREE SHIPPING
US $16.55

You can buy smallish quantities of gold across the counter of most banks there.
Once you have decided where to buy you have a large problem.
If you have bought in a country like Belgium Switzerland or Lichtenstein you may have to pay VAT
(Value Added Tax) on any gold imported into the UK - other countries have similar regulations.
This will add up to 20% to your costs.
There are huge fines for smuggling gold into the UK from the EC.
Do NOT buy gold with a credit or debit card - that raises alarm bells in places you would not believe.
You should expect a visit from the Authorities if you make large purchases of gold.

Alternatively you can rent a safe deposit box (make sure it is well insured)
or buy a good safe and cement it inside a cupboard at home.

1oz South Africa Krugerrand 999 Fine Gold Clad Lion Bar No Reserve
US $5.63

Amazing Mini Gold Set Mini Gold Coins Buffalo Liberty Indian Head Morgan Kennedy
US $13.99

10pices 1978 South African Krugerrand MINI GOLD COPY COIN SCRAP BULLION
US $8.99

1oz South Africa Krugerrand 999 24K Gold Layered Crocodile Bar NO RESERVE
US $5.63

1967 South African Gold Krugerrand Copy 1 OZ Token Medal Coin
US $4.95

Variety Of 8 Mini Gold Plated Replica Coins
US $4.99

No matter how careful you think you are being you will always be leaving a financial trail.
Trails like those interest government departments and thieves.
Even staff in bullion companies and banks have friends outside their work. And they talk.
They talk to their friends, relatives and socialy. You never know who those friends are!

Be careful out there. especially when Buying Gold Bullion

Tags: bullion, buying bullion, investing in bullion, money laundering, swiss banking

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10 Tips for Coin Auctions

keith — Fri, 16 Apr 2010 09:07:16 +0000

While the world seem to be mad for gold Silver has been steadily growing in worth .
Although Silver has not grown at the same rate as gold it will probably never reach the dizzy heights of gold.
One investor tried to corner the market in silver but was eventually foiled .

Coin Auctions can be good places to buy or sell coins.
Here are some tips you may not have thought of.

1 * Live Auctions are likely to be the best places to buy.
This is because many such auctions are usually aimed at the US Market and the rest of the coin buying world will be asleep because of geographical location.
Best ones of all are local auctions which do not advertise on the internet. You will have far less competition bidding at these.

2 * Auctions are great places to buy rare coins. Sellers want the best prices they can get and t is usually at auction.

3 * Auctions by mail – possibly good since many people prefer to bid on eBay and get the excitement of a current auction.

Mail Coin Auctions mean you have to sign up for a catalogue and sometimes give the auction credit card details ot ensure that you are a genuine buyer. If you buy from a mail auction you will usually get a free subscription to new auctions or sales (often with illustrated catalogues)

4 * Phone Auctions – these can be auctions by coin companies or (better still) auctions by general antiques auctioneers
These are just like regular auctions where you go along in person and bid. You can usually leave a bid with the auctioneer (the maximimum you will pay for each lot)

5 * Internet Auctions .

Ebay is the best known of these but a number of other companies do hold similar auctions. With any internet auction you must have an internet identity under which you make bids. You can make individual bids or maximum bids for each item and the software at the auction company handles the bidding for you.

6 * With an Internet Auction you will usually be able to contact the vendor with questions and receive an answer the same day.

7 * Internet Auctions last between 1 day (same day) and 30 days depending on the internet auction company.

8 * Fraud is rife on the internet. It is easy for instance for a deceptive vendor to place a listing of a coin or coins that they do not hold or to use a picture of a higher grade coin than the actual one they are selling. Look for the following words in the listing : copy, repro, reproduction, facsimile as all of these mean copy !
Copies are not as valuable as real coins.

9 * To protect yourself as a buyer make sure you ONLY pay by a genuine company such as PAYPAL as you will usually then have an ability to claim against them and the vendor for misleading or false sales.Please avoid paying by company like Western Union as this company and other instant transfer companies are often used by fraudsters at coin auctions

10 * To check a coin out just ask the vendor for a photo of the other side of the coin. If there is no answer then avoid that vendor.The coin may not actually exist.

11* ALWAYS check out a vendors feedback (feedback is the result of previous sales by that vendor) Pay particular attention to NEGATIVE FEEDBACK.
To bid on eBay you need to be registered:

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