Buy Gold Coins San Antonio
What Are The Different Kinds of Gold Coins?
1-Ounce Gold Coins
Most people looking to buy gold coins San Antonio are searching for 1-ounce coins. The 1-ounce coins are so popular because they are easy to acquire, and it is a simple process to liquidate them.
For example, if you were to walk into any gold and silver store, the store could give you a price for your coins in seconds. There is an endless number of people looking to buy gold coins San Antonio. For this reason, the 1-ounce coins are prevalent.
The Canadian Gold Maple Leaf
In the same way that the Gold Eagle is the official coin of The United States of America, The Canadian Gold Maple Leaf is the coin of Canada. The Maple Leaf is the purest of all of the coins. The Mint first produced the Canadian Gold Maple Leaf in 1979, boasting a content of .9999 pure gold.
Some benefits of the .9999 purity include an increased gold content and the brilliant shine of the coin. Although the beautiful coloring and shimmer of the coin make it unique, it also means that it is far more susceptible to damage.
Gold is a metal; however, it is a very soft metal. Most other coins in this article have a higher alternative metal content. This metal is added to the coin to increase its durability of the coin. For this reason, you must be careful when storing Canadain Gold Maple Leaf coins. If you keep them stored loosely with other coins, you will notice the coins will get damaged.
South African Krugerrand
Let’s set the stage. The year is 1967, and there is no country producing a modern bullion gold coin for private investment, and the United States still had a ban on the ownership of gold at this time.
South Africa took action and minted the South African Krugerrand. As a result of being the only modern bullion option, the coin exploded in popularity.
The only downside of the Krugerrand is that it is only 22k gold. To some, this may not matter, and to others, it is a deal-breaker.
Which Gold Coin is Right for You?
Firstly, when determining which gold coin is right for you, you must choose your goal. For most of our clients who are looking to buy gold coins San Antonio has one of two or three main goals:
- You are hedging your wealth against inflation.
- Purchasing coins due to their rarity and aim to make a profit.
The majority of people purchase gold coins as a guard against inflation, and they are the best way for most people to buy gold for a few reasons.
- Gold coins are easy to liquidate v.s. bars.
- There is a long history of gold holding value.
- Coins are far easier to store than other items.
You should be wary of gold and silver brokers attempting to sell you “rare” and “untraceable” coins. Selling this type of gold is a long-used tactic used in the gold industry to overcharge investors. At the end of the day, you are purchasing gold for the metal and not for some hypothetical value that you hope someone after you is willing to pay.
A gold broker who has your best interest in mind will help you achieve your financial goals. If your goal is to guard against inflation, they shouldn’t be trying to sell you a rare coin. When inflation floods the United States in full force, that rarity won’t matter nearly as much as owning more gold.
At Patriot Gold Supply, we are Unapologetically Patriotic. We proudly back the Veterans of The United States of America.
Our clients love that they can purchase gold at a great price while also giving back. We donate a portion of all proceeds to The Wounded Warrior Project. To learn more about how we give back, please visit our giveback page.
If you have any additional questions about how you can purchase gold coins in the San Antonio area, you can reach our senior broker by dialing 888-959-1776. You can also fill out the form on this page, and we will call you shortly.
WANT TO HEDGE YOUR WEALTH
Patriot Gold Supply Proudly Supports The Wounded Warrior Project