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If you’re looking to add physical gold to your portfolio, bullion coins can be one of the more straightforward ways to invest. But with dozens of coins available, choosing one involves more than simply looking at its gold content.
\n\nFactors such as purity, dealer premiums, liquidity and recognition in the resale market can all affect what you pay and how easily you can sell later. Some coins, including the American Gold Eagle, Canadian Gold Maple Leaf and South African Krugerrand, are particularly well known among investors.
\n\nWe asked experts which gold coins are worth considering now and what investors should look for before buying.
\n\nNot every gold coin qualifies as an investment coin, and knowing that distinction matters before you buy.
\n\nGovernment mints produce gold bullion coins to standardized weights (typically 1 troy ounce), with strict purity requirements and legal tender status in their home country. Their value tracks the spot price of gold, which is the current market rate for the metal.
\n\nNumismatic, or collectible, coins work differently. “They introduce a premium that has nothing to do with the pure metal content value of the gold,” says Henry Yoshida, a certified financial planner and co-founder of Rocket Dollar, a…
Original source: https://www.usatoday.com/money/
