How should you invest in gold?
Gold is a stable, safe investment, but how exactly do you invest in gold? Should you just go out and buy all the old jewelry and coins you can find? While you can do that, you’ll have to make sure you’re purchasing authentic items from reputable distributors such as our experts at Judy’s Jewelry Antique and Estate Jewelry. On the other hand, gold is one of the most versatile assets available on the market. With there being so many different options when it comes to types of gold investments, your options are nearly limitless. The most common and popular types of investment gold are:
Collectors’ Coins: Collectable gold coins are popular with a wide variety of investors. That is because they offer numismatic and material value at the same time. It should be noted that many collectors’ coins are silver or gold plated instead of solid gold. That means if you’re looking to purchase coins as an investment, you need to do your research or have an investor who can help you determine the coins that are of the most value for gold. Collector’s coins can be ordered from banks, the U.S. mint catalog, estate dealers, and of course, Judy’s Jewelry Antique and Estate Jewelry.
Gold Bullion Coins: Gold bullion coins are coins issued by countries, or on occasion, commercial businesses. These coins are generally for investment purposes. This means they’re priced based on the gold purity content and how much they weigh. Some more popular gold bullion coins are the Britannia, the Krugerrand from South Africa, and the American gold eagle.
Gold Bullion Bars: Gold bars are one of the most traditional ways to invest in gold. Because they are sold by weight, gold bars are also one of the easiest ways to invest in gold. Solid gold bars usually come in weights of one gram, one ounce, ten ounces, or one kilogram. They should have a purity rating of 999.9 or 24k indicating they are solid gold.
Gold ETF’s: A gold ETF, or gold exchange-traded fund, is a way to invest in gold without physically having the gold in hand. Over the last 18 years, gold ETFs have become one of the most popular forms of gold investment. They allow you to profit from changes in the price of gold without ever having to buy, authenticate, and sell the gold physically.
Gold Mining Stocks: Stocks for gold mining companies are some of the hottest on the market currently. These stocks are issued by gold mining companies or gold exploration companies. Part-ownership in these companies’ stocks has become increasingly popular as a form of gold investment.
Gold Keepsakes and Heirlooms: Gold keepsake pieces of jewelry, picture frames, and other heirlooms are an easy way to start investing because they can be inherited. It is important to note that these can also be some of the trickier ways to invest because they have the most variation. Throughout the years, gold jewelry has been made with 9k, 10k, 12k, 14k, 18k, 22k, 24k, and gold-filled material. This can make purchasing and authenticating jewelry harder to do without professional help. Our experts at Judy’s Jewelry Antique and Estate Jewelry can help you make informed decisions about your gold investment.
