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Follow on Google News | 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 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- End
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