Coin and Bars

Congratulations, you have decided to invest in the precious metal market. So question is now what are my options?

As mentioned, during times of economic uncertainty, investors turn to precious metals to diversify their portfolios and protect and grow their hard-earned wealth.

Paper money continually fluctuates and is always in danger of constant economic changes.

To protect yourself from the risks associated with unstable paper-based currency, it is often a viable option to look to make a secure investment in Gold, silver or other precious metals.

However, the next step for you is to consider what is the best option for your needs. The first questions to ask is which bullion should I purchase: coins or bars?

Whether you are a large investor looking for long-term security or a private investor looking at short term opportunities, you need to be aware of all aspects with purchasing coins or bars.

The key features with Coins:
Coins are legal tender and are produced by a sovereign government's mint. Each side of a coin includes an intricate design, which often varies year-to-year. Most coins feature a face value and year stamped on the obverse (or front), and their purity and weight is inscribed somewhere on the reverse (or back) of the coin.

Pros and Cons of Purchasing Coins
Apart from physical differences, coins and bars both have unique advantages and disadvantages. But when Choosing which type is the best option, you need to be aware of your own objectives and goals, how much you are looking to acquire, and potential resale value.

One disadvantage to owning coins is that the premium is generally a bit higher than the metal's spot price, mostly because of their collectability, status as legal tender, and rarity.

Below is a number of advantages associated with Coins:

  • More collectible than bullion bars
  • Junk silver coins can be purchased at or below the spot price
  • Legal tender status (though the metal content is more valuable than the face value)
  • Barter: coins are easier to trade in a crisis, making them highly liquid

Key features with Bars:
Bars are thin, rectangular slabs of precious metal produced by private mints. They are not considered legal tender, but they are a great way to build your own raw precious metal portfolio.
Easy to store, stackable and compact, purchasing bars are a method of building up any bullion amount that works for you and your future.

Pros and Cons of Investing in Bars
Serious large-scale investors tend to prefer purchasing Gold and silver bars as they generally have the lowest premium over the current spot price.

As well as that, bars are often the best option if you are looking to build a large holding of a precious metal.

Below are a number benefits behind purchasing Bars:

  • Easy to store and transfer. You can stack bars from various mints
  • Lowest premium over spot price for both gold and silver
  • Allow new investors to quickly build their financial portfolio

However, the key disadvantage behind owning bars, is that they do not have the collectability factor or can be used as legal tender unlike coins, so you need to make sure what your final aim is to getting into the physical metals market.

Now at the International Bullion Network, we offer a huge range of bars and coins. You can browse our online store or take your free consultation with one of our experts to find the best solution for you.

Remember, here at The International Bullion Network, we believe in your future