5 Important Tips for First Time Gold Coin Buyers

 

Buying gold coin for the first time seems difficult to deal with, but if you know some facts, it has been an easy task for you. In this blog tutorial, we are going to discuss five helpful tips providing some guidelines and stress-free gold coin buying suggestions. So let’s get into the blog…

1. Analyze the Recent Gold Coin Market

According to many experts, buying gold coin is a dependable and long-term investment. It’s also considered a low-risk investment compared to other available investment options. For the first time gold buyers, it’s important to read and analyze as much as possible information and reviews. For example, analyze the analyst’s findings, investment news, financial publications, industry websites, and some well-known gold and silver coin blog for the sake of your investment. These sources will help you to understand your gold investment plan.

2. Understanding Your Side of Action – Why Investing in Gold?

As we said before, investing in gold can be a potential option to diversify your money or wealth. Lots of people choosing to invest in gold because they think gold is a precious metal and the demand will always be high even in the time of inflation. If gold is securely stored, it can maintain and carry the actual value of wealth over a long period of time. Also Gold can protect your assets in the time of inflation, unexpected political or civil issues. Gold is easy to store, and hiding is not so difficult.

3. Understand the Investment Option and Your Budget

Ask yourself what’s my budget before investing in gold! It will help you to understand gold investment option and which one is good for diversifying your wealth. There are several options you can consider when buying gold, such as Gold Bars, Gold Coins, and Jewelry.

When you decide to buy gold bars, you will find the bars which are 99.5 to 99.99 percent of gold. It is also called pure gold. These gold bars are stamped with the refinery name while they were processed.

Buying Gold coins is not only an investment option, a hobby too. You will find different kinds of the Gold coin comes from different manufacturers like Perth Mint, Royal British mint, Royal Canadian mint, South African mint, South Korean mint, etc. Gold coins are valued as same as gold bars.

4. Choose the Weight of Gold

Choosing the right weight of gold is pretty obvious for the first time buyers. Before buying the gold, choose the right weight. It will determine the particular price of gold which is suite for your budget. For example, if you want to buy 1/10 oz Canada Maple Leaf Gold coin, evaluate the price and decide is 10 oz perfect for you regarding your investment budget? You can also choose several standard sizes like 1 oz, .5 oz, .25 oz, and .10 oz.

5. Identify a Well-known Gold Distributor

Throughout the whole world, you will find lots of dealers, brokerage houses, and banks who offer you several options to buy gold bars and coins. It’s important to identify a dealer or distributor (LPM.HK) who you can trust and be comfortable working with them. So don’t hesitate to ask a variety of questions you might have. Here are some Checklists…

1. Find out how long they have been in the Gold bar or coin business.

2. Check their Gold bars and coin option.

3. Check their ratings and reviews from other customers.

4. Do a Google search for their business.

Final Thoughts

Finally, remember security and safety is the most important things while buying gold. Also, ensure the safe storing for your purchasing gold. Hope these five tips will give you a smooth first time experience while purchasing gold.

Details about 2019 1/20 oz Australian Lunar Year of the Pig 2019 Gold Coin

The 1/20 oz Australian Lunar Year of the Pig 2019 gold coin is the latest coin from Perth Mint. Australian Lunar Bullion Coin Series II gives its finale in 2019 with portraying the pig on its surface from the 12-year lunar calendar. Perth Mint Australia’s global leader in Gold and silver coins shows great attention to detail, and each coin of this series is well crafted.

1/20 oz Australian Lunar Year of the Pig 2019 Gold Coin contains 99.99% pure gold with an excellent quality. The coin symbolizes the year of the Pig with a fascinating design marking this social, very smart, and inquisitive animal. It’s designed with a unique minting procedure that guarantees the coin has particularly shiny and covering surfaces with lots of detail. This gold coin is really a piece of spectacular gold art perfect for hobbyists and collectors with an eye for value.

Why You Should Buy This Coin

Perth Mint’s Lunar Year of the Pig gold coins are created based on the traditional Chinese Lunar calendar. This lunar coin indicates the Year of the Pig with an excellent design celebrating highly intelligent animal.

This coin can be a great gift for your closest and loved ones. Praise and appreciate your loved ones by inscripted their values and year of birth in shiny and pure 24 karat gold. This gift will remain with them always.

Australian Lunar Year of the Pig gold coins are crafted in highest quality. Each gold coin is crafted by The Perth Mint, one of the global contributors to precious metals also found in the distributor’s shop (LPM.HK) locally and online.

Another reason you should buy Australian Lunar Year of the Pig gold coin, it’s rare. Although smaller mint coins are available, the mintage time period sets boundaries to coins’ number – they’re created during just one year.

These coins can bring you great value – It’s money. The Gold Lunar Series was launched in 1996. This Year of the Pig is recognized to be legal value by the Australian Government.

History of Australian Lunar Gold Coins

It’s considered that the Chinese lunar calendar was formed almost 5 millennia ago by ancient ruling dynasties. Since that time period, the Chinese calendar has been continuously developed by astrophysicists of several royal Chinese rulers, finishing in the last version that was added stated by the earth’s journey around the sun but became into a lunar calendar, thus securing it formally a lunisolar calendar.

The 1st Australian Lunar gold coin series created by The Perth Mint in between 1996-2007, and became the successful bullion series exceeding expectation among collector and investors. Therefore, towards the finish of the 1st series, the market demand for second 12-year Lunar coin series became skyrocketing.

Adding even further to the demand of Lunar Year of the Pig Series II, most of the coins are discovered with a bigger diameter than standard, continuing to their reputable appearance.