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 thwarted.

Gold Coin Rate

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Which are the best gold coins to buy?  
Gold Coin Rate

Article by Daniel Fisher

One of the most common questions I hear is from keen investors wanting to know the best gold coins to buy as an investment.

The most important thing people seem to overlook is the ease in which you'll be able to sell the coins. It sounds obvious, but so many buyers focus purely on trying to get as much gold for their money when they invest that they forget to consider the liquidity of the gold.

Remember that your profit is only realised on physical gold when you actually sell the coins at a profit. So when buying coins your primary focus must be on choosing well known coins in desirable condition. So please don't be tempted by an obscure coin just beacuse its £10 cheaper than its globally renowned alternative. With this in mind, any of the well known bullion coins are a safe bet. These could be Sovereigns, Britannias, Krugerrands, Eagles, etc. You can find a comprehensive list with thorough descriptions by clicking here.

A novice should never try to be too smart by delving into the world of numismatic or historical coins. These generally present high potential profit, but also large losses for those without market experience. Proof coins should generally be avoided by the gold investor as you won't necessarily get the full premium back that they command.

For very modest investors it can be fun to select a variety of bullion coins for your portfolio, perhaps choosing some Sovereign coins with an interesting background or coins with beautiful designs.

However, for those UK investors considering a more sizeable investment you must consider factors such as tax. Capital Gains tax was recently increased for higher rate tax payers in the UK to 28%. That means that if you sell your gold coins at a profit exceeding your annual limit (currently around £10k) then you'll pay away alomst a third of that excess to the taxman. Any other assets you sell in that year will use up that £10k limit too. So if you sell shares or an investment property and make a profit, you'll no doubt be paying CGT on all your gold profit!

The great news is that with some careful planning and help from a reputable gold dealer, you can source tax free gold coins. Britannia and Sovereign coins are free from Capital gains Tax for UK residents due to their status as legal tender. Quite simply the taxman cannot tax the movement of legal currency. For this reason, together with the fact that these two coins are amongst the world's best known, most UK investors are best off investing into these tax free gold coins.

The most important rule with gold coin investing is that everyone's situation, needs and motivations for buying differ, and so the best gold coins to buy may also vary. This is where the real value of a knowledgable gold dealer pays dividends!

About the Author

Daniel Fisher, CeFA, is a member of the Institute of Financial Planning and has worked in the investment banking industry for nearly 15 years.He is now CEO of Physical Gold Ltd, a UK gold dealer focussed on gold investment in gold coins and pension gold

Gold Coin Rate question by ctscott206: Gold Coin for sale?
asked a question yesterday about selling a gold coin, and was informed that more info was needed. There are two coins that I have to sell.

One- South African Krueggrand 1979 1 oz solid gold. Excellent condition- all ridges are sharp and detailed. Looks brand new.

Two- Canadian 1982 1 oz solid gold. Also in excellent condition.

Both of these belonged to my grandfather- and have not (to my knowledge) been circulated. At any rate, they are not smudged or worn at all.

I would like to know the best way to sell, and how much I can expect to receive for them. Thanks for your help.

Gold Coin Rate best answer:

Answer by I. B. Zoxx
Your local coin shop or eBay. Both coins are fairly common, as far as bullion coins go. Most reputable coins shops buy these at about 5% under gold spot price and sell for about 3 - 5% over.
Up to date gold price can be found at this web site:

http://www.kitco.com/market/