FX.co ★ 5 reasons to buy gold coins

Coin recognition

Investors around the globe know how the most popular coins look like, such as Krugerrand and Maple Leaf. Speaking about bullion gold manufacturers, they usually keep a low profile. Coins are easy to sell in any country around the world. They are always liquid and you can get good money for them.

Liquidity

Experts point out high gold coin liquidity. The owner of coins can sell them gradually. It is very comfortable in case coins have low weight. Everything is complicated when it comes to bullion gold. Trying to sell a part of a gold bar, investors can face a lot of obstacles, like impossibility to cut a bar into pieces or a sharp decline in price.

Standard size

The essence of bullion coins is to be a carrier of a certain gold mass. It is easy to identify authenticity of coins by their shape or by measuring as their weight is already known. However, there are many fake bullion coins and gold bars. That is why it is very important to verify the authenticity of gold products using all possible methods.

Means of payment

Some investors believe that nominal value is not important, because in case of a national currency collapse investment products of a particular currency will become compromised. However bullion coins with nominal value are considered to be a legal tender, what increases their value. In the case of fiat money collapse, gold coins will retain their value since the yellow metal they are made of is a traditional protective asset. And coins can be sold at the price of precious metals.

Anonymity

Some investors do not want to buy gold bars with serial numbers, fearing that it can be used to identify a previous owner. Gold coins, unlike bullion gold, do not have serial numbers, which guarantees their holder anonymity.