Gold Prices Taking Dips, Outlook For Gold Good For 2013, Should You Buy Fractional Gold Coins?

We think gold's continuing climb will render the distinction in premiums marginal in time. While 1 oz coins still provide probably the most bang for the buck, fractional coins may be preferable for... Read why you need to act urgently...
By: Lawrence A. Williamson
 
Feb. 5, 2013 - PRLog -- In today's difficult economy, many investors merely can't afford to buy as a lot gold as they would like. Some choose silver products instead, which offer very appealing upside potential and should be part of every savings strategy. Nevertheless, gold has historically been much less volatile, so it can't be replaced as the "safe haven" asset in a portfolio. How High Will Silver Go? Learn More >> http://silver-dollar-values.com

For all those wishing to keep their savings in lower than $1700 increments, the answer is fractional gold coins. Fractional coins are any coins having a weight beneath 1 ounce. Typical denominations are 1/2 oz, 1/4 oz, and 1/10 oz. At today's spot prices, these coins could be worth roughly $900, $450, and $200, respectively. With more available price points, these coins are well liked because they're simpler to liquidate and barter.

If all else had been equal, we would suggest getting the smallest-sized gold feasible because it provides you probably the most flexibility. Nevertheless, minting costs have a tendency to become 'fixed' regardless of the size of the coin. The mint nonetheless has to make the dies, supply the metal, pay for advertising, handle distributors, and so on. So smaller sized coins carry a greater markup as a percentage of general cost. It is comparable to how Costco can sell you 36 rolls of paper towels for $20, however the grocery store sells 4 for $4.

We think gold's continuing climb will render the distinction in premiums marginal in time. While 1 oz coins still provide probably the most bang for the buck, fractional coins may be preferable for all those who're prepared to pay more now to create it simpler to trade or sell later. How High Will Silver Go? Learn More >> http://www.silver-dollar-values.com
End
Source:Lawrence A. Williamson
Email:***@abrockettwisterhq.com Email Verified
Zip:10101
Tags:Silver Dollar Values, Silver Prices, Gold Prices, Silver Coins, Gold Coins
Industry:Business, Financial
Location:New York City - New York - United States
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
AbRocketTwisterHQ.com News
Trending
Most Viewed
Daily News



Like PRLog?
9K2K1K
Click to Share