What is better `Gold bar or Gold coin?

Question

What is better `Gold bar or Gold coin?

Answer 1

A Gold Bar.



The value of gold is measured in its weight, and a bar is MUCH heavier than a coin.

Answer 2

Coin will always retain the same value as tender, and it is not likely the gold in it will exceed the value of the coin. So it will always maintain a minimum value, which will likely be worth more than the raw gold within it. So a kg of gold coins will likely be worth more than a kg of gold bar.

Answer 3

Gold bar

Answer 4

The rarity of certain minted coins has a unique price depending on their surface quality and demand. These are price differently from bars (which I take it you mean minted bullion)



Bullion bars are measured in ounces (troy) 31.1035 grams and normally stamped by the refinery producing them. They come in many different sizes and the price of these changes everyday according to both the New York and London fixed price.



So if last week you checked the gold price on the internet as say US$800 that refers to the ounce I mentioned above on a minted (99.99) value. (highest quality) Other bars or small bullion issues have various stamps which also can affect their value. Different houses mint collectable stamps for a certain time which have an appeal to collectors.



Coins are different but are minted in a similar way and you could check ATS Bullion's website in London to see the rates in Gold Sovereigns and half sovereigns etc to get a good feel for the coin collectors prices. Older and rarer coins have a separate value as I said not necessarily based on their actual gold content but on their intrinsic value (what people will pay for them).



The most popular (bars) which are traded are quite small such as 1oz troy and also are minted into grams even up to 100 etc by other refineries. These are usually traded in quantities of ten or imperial dozens (12's) depending on preference.



Anything else below three or four nines Au (finesse of gold) is considered 'scrap'and has to be melted and assayed officially to determine it's value prior to sale or purchase.



Hope this helps

Answer 5

Gold should not be viewed as an investment, but as an insurance policy. Gold purchased 10 years ago would have doubled in prices. That's little more than 7% interest. Gold purchaed in the early 80s and sold in the mid 90's would show a decline of over 50%. Again, it should be viewed as insurance. You should have at least 10% of your investable assets in gold. Owning gold will protect you in times of severe inflation, depression, recession, declining dollar, war and turmoil or the end of the world as we know it. It is at these times that the worthlessness of the dollar becomes apparent and people see the value of gold. I prefer the hard shiny kind rather than ETFs or certificates because, after all, you're preparing for the unknown. In an emergency, you don't know what will happen to the institutions holding those vehicles, but you will know about the gold you have stashed away. In an emergency where financial institutions are off-line and the dollar is distrusted, folks will trade goods and services for the shiny stuff. Do not buy "rare" gold coins. Instead buy Bullion. Bullion comes in coins and bars. Bullion sells for the price of gold + a small premium for minting. Bullion coins are generally more expensive than bars because they have the backing of the govt. that produced them, are easily identifyable and are harder to counterfeit as well. Either is good. American Eagles and Krugerands are 22Kt and weigh 33.9 grams per ounce. Bars, Austrailian Kangaroos and Canadian Maple Leafs are 24Kt and weigh 31.1 gram per ounce. Either contains an ounce of gold. The 22kt kind contains a bit of copper as well for hardness. Buy a gram scale to verify the weight of your bullion. You can find these on ebay for ~ $10. Store it safely and keep it quiet. With recent bank mergers, safety deposit boxes have been subject to "disappearance" and many people have lost their contents. Beware. Never sell your gold for anything but cash as you may find the IRS looking for their cut. Good luck.

Answer 6

Which is heavier- a ton of bricks or feathers?

Same.

Gold coin is more liquid- in that it is easier to sell as it is in more readily and affordable quantities.

Most crudely put, One troy ounce of gold is worth the same whether set in a ring, an ingot or a coin.

The tender value of the coin is now obsolete- as gold has risen above the tender value.

Second- the coin itself may have worth as a rarity or antique.



Gem trader and jewellery expert by trade. I often buy gold to resell in the AsEAN region- particularly Indonesia and Phillipines.

Answer 7

If you had the money to buy bars, then it would be better, as the amount of gold is more, BUT for coin collectors, the value is historical, so can be an either/or trade off.



The decision for me would be coin, for ease of movement, storage and resell.

Answer 8

gold bar

Answer 9

gold bar. unless you're lazy then a gold coin because it's lighter.

Answer 10

Yes but a gold coin can be rare and therefore worth more

http://www.goldcentral.com/

see how the coin is Worth more per oz and they are not rare coins

Answer 11

GOLD COIN because you do not have to pay a percentage and fee to prove its weight and purity, you can just sell it for the worth, that way you do not lose a percentage of it in fees

Answer 12

Bars are bigger than coins, and in this case, bigger is better.

Answer 13

a gold bar cause its bigger :]

Answer 14

bar

Answer 15

bar