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New Investors Buy Gold Bullion Coins

Recent reports suggest that newcomers to the investment market could do no better than buying gold coins when they are first dipping their toe in the gold bullion market.

Gold coins are available in numerous weights and sizes. The price of an investment gold bullion coin is determined by its weight. For commemorative or numismatic coins the price is calculated not on its face value but what a buyer is prepared to pay. Although the price of gold bullion has recently reached record highs analysts predict that the price looks set to continue rising. The one main advantage of in investing in coins is that investors can buy gold coins in various weights to suit any budget.

US minted gold coins in particular, such as the American Gold Eagle coin, comes with a guarantee from the government so they can be sold at market value and can be liquified easily. Gold coins can be passed down through the generations making excellent family heirlooms. This is particularly common in India where gold is considered a status symbol, reflecting ones place in society.

Link to this article: : http://www.goldmadesimplenews.com/gold/new-investors-buy-gold-bullion-coins-61/

Posted by on Nov 11 2010. Filed under Gold News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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