The question of whether gold bars or gold coins are better suited for investment cannot be answered so simply across the board. Not every denomination is equally interesting for everyone, and the cheapest price is not always the most favorable for you.
Which specific gold products make sense in which denomination always depends on the individual situation of the buyer: How much money is to be invested? What part of the assets should be invested in gold and precious metals? How do you assess your own future situation? ...
Denomination decisive
Basically, the smaller the denomination, the higher the cost of buying the gold. After all, the cost of producing a 1/10 ounce coin hardly differs from that of a 1/1 ounce coin. Proportionally to the material value, the percentage costs are thus naturally higher for small pieces.
Therefore, it is always cheaper to buy one 1/1 ounce coin instead of ten 1/10 ounce coins.
However, smaller denominations have the advantage that you also have to sell individual pieces of your gold if necessary. Just as much as you acutely need. If, on the other hand, you have only one larger gold bar, it is difficult to divide it.
Gold bars or gold coins? Which is better?
Gold bars are generally easier to produce than coins, which is why the premium is usually lower for bars than for coins. If you want to buy 1 ounce of gold, it is therefore always cheaper to buy a gold bar than a coin.
Because additionally the denomination is relevant and gold bars are available in larger units, it is certainly worthwhile to invest in bars from a certain investment sum.
In terms of tradability, common bullion coins (Vienna Philharmonic, Maple Leaf, ...) and good gold bars are no different.
At this point, good gold bars means globally bankable bars. These are bars from manufacturers that are listed as members of the London Bullion Market Association (LBMA) in the Good Delivery List and also produce the 400 oz standard bars for bank trading.
All gold bars that you can buy from Gold & Co are made by manufacturers with LBMA certification. Specifically, these are gold bars from the Austrian Mint and bars from the Swiss refinery Argor-Heraeus (AH also produces MÖ bars) as well as bars from the German refinery C.Hafner.
Bars from manufacturers without LBMA certificates are often not bought at all by banks and only at high discounts by precious metal dealers.
Safe gold bars
Buying gold bars LMBA certified manufacturers, you not only get the assurance of buying a high-quality bar, but also counterfeiting of these products are much heavier and occur less often.
Argor-Heraeus is the only refinery in the world to issue "Kinebars", gold bars with an additional security feature in the form of an applied kinegram. The gold bars from C.Hafner are issued in special "CertiCard" packaging with an integrated certificate that is difficult to counterfeit.
For this purpose, C.Hafner ingots are provided with a unique surface structure, which makes any unnoticed, subsequent manipulation impossible.
Which gold coins come into question
In the case of gold coins, it should be noted that not every coin is equally suitable for investment. A distinction is made between collector coins and bullion coins. The latter are explicitly issued as investment coins, the price is made up of the pure material value and a small premium for the minting. The best gold coins for beginners are coins that are as well-known as possible and therefore widely accepted.
More advice, because not all gold is the same
Would you like to protect part of your assets with gold? Come to one of our Branch now for a personal, non-binding and serious consultation.
In a personal conversation we get a picture of your motives to invest in gold. Based on this, we work together to develop a denomination that is tailored to you personally, from the metals that are most suitable for you.
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