Investing in Gold Bars vs. Gold Coins - The Ultimate Decision!
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- Опубліковано 19 гру 2021
- In this video I talk about investing in gold bars vs. investing in gold coins. When it comes to buying physical gold for investment or for gold stacking you need to decide if you want to stack gold bars or gold coins. The gold bars vs coins debate has been going on for decades and everyone has an opinion on it. I do a deep dive into the pricing and I found that gold bars vs krugerrands had a $12 difference in price at my LCS. When you are buying gold bars vs coins you also need to factor in trust and liquidity. I believe that gold coins vs bars really comes down to personal preference. You should be investing in gold to protect your wealth and both gold coins and gold bars can help you do that. I invest in gold to save money and give myself a hedge against inflation. I prefer to buy gold coins over gold bars because I like them more and I am willing to spend the extra money to do so. Feel free to check out SD bullion for great deals on gold bars and gold coins.
Check out SD Bullion for AWESOME Deals on Gold and Silver!
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Topics I cover in this video: gold bars vs. gold coins, gold bars vs gold coins, gold coins vs gold bars, gold coins vs bars, gold bars vs coins, gold bars vs bullion, gold bars vs krugerrands, buying gold bars vs gold coins, investing in gold bars vs coins, investing in gold bars vs. gold coins, gold coins and gold bars, which is better gold coins or bars, which is better gold bars or coins, gold bars or coins, gold coins or bars, investing in gold, invest in gold, buy gold, how to buy gold, how to invest in gold
#Gold #Coins #PreciousMetals
I invested in gold bars some years ago. I bought 5kg and it’s only ever increased in value. Yippee!!
this was quite helpful. I appreciate your knowledge in this field.
Top video learning everyday keep them videos up love stacking 💯
One reason is you can get coins out of the packet. The trouble with those packaged bars is that they lose value and are harder to test for a start.
Not all bars are in sealed packets
You can test bars through the packaging
@@eazye519not always true. Many shops use a drop of acid.
Why would they lose value?
Thank you for this information. I'll definitely put it into consideration as my focus will be on gold after the new year.
Thanks for a good video and good topic without any politics.
In the UK I believe the bigger difference is the minted coins are free of capital gains tax!
Could be considerable over long periods of time
Here in the US ...somehow they tax cap gains on minted coins...how the hell does a govt tax a person on money they trade for.other money...I need 5, 1 dollar bills for this 5 dollar bill. Yes sir here is 4.87 in change just to change your 💵
Thank you for the solid advice. Turning some funds to gold and silver soon.
I've only just started to stacking and have decided to stick the Britannia coins as they updated them with more security marks and I live in the uk
Save this post for reference. Good topic to discuss. I prefer bullion over bars, personal preference. Thanks for the post!
There are a few coins I pick up, but as my primary concern is bullion stacking, I'd go with the bar more so. At least from reputable dealers and some assurance of getting what is advertised. I don't have the time or patience to try and deal with questionable sources, and as the intent isn't to "invest", but to just hold unless the economy crashes, the bullion would be more flexible than coins. Now, the Goldbacks might be another matter, as they seem to be gaining popularity as well as more people are beginning to accept them, at least in a barter type environment. Though the premiums are a bit high, the potential for being a barter item during economic crisis, is significant. As with silver, they provide a means of exchange in smaller denominations while still having a physical and immediate value attached to them, being made with precious metals.
As you said, it comes down to personal preference and how one wants to see precious metals.
buy the sigma machine for the piece of mind that you can buy or sell to anyone. even if you don't choose to do so now, and if the economy crashed you would need to have it anyway, and you can always sell it for a little bit less than market value as used, i paid $1545 new for a sigma machine that now costs $1990, so even used i can sell it easy for $1800 so my machine just went up in value with inflation as well
I'm watching this 11 months after release, but, the information still rings true... Personally, coins scare me because of this "extra" value(and cost) over the melt or spot price. Scares me cause stuff like that "extra" changes as a fad, or a whim of the people, or whatever you wanna call it. Bars just feel safer to me for some reason. If I by a bar, it is what it is and it's worth what it's worth, but with coins, I pay this extra, and even if the metal price stays the same, the price I can sell it for later might be less because of some reduction in the desirability... I dunno, maybe I'm looking at it wrong, but bars just feel safer to me.
I completely agree with you
Local lcs told me he sees a lot of counterfeit gold bars (in essay). They are plated several times over and can be very difficult to authenticate. He has become skeptical and for good reason. Also seen a lot of bogus ASE, Kruggs, maples (talking gold).
Metalor gold bars.
Weight matters a lot too. If you can get bigger bars, you're paying less per Oz. But since it's hard to fing coins bigger than 1oz, maybe that comparison is a bit unfair.
Still, worthwhile to point out bigger bars are cheaper, if you can afford it
Thanks for the primer.
You have some nice pieces of gold there my friend !! Thanks for sharing !!
Gold bars you can buy for a set price over spot but its usually a small % amount. However some coins may have a "Intrinsic value" that far exceeds the spot price of gold. This depends on many factors but one example is number minted. An example of this is my 2009 ultra high relief I purchased from the mint in 2009 for $1500 or about ~$300 over a roughly ~$1200 (the spot price at the time) but now I could easily sell that same coin somewhere in the neighborhood of ~$6000 or ~$4150 over a ~$1850 gold spot price today. A gold bar purchased in 2009 would only fetch me the current spot price of gold, but usually a little over. So you have spot price and then in some instances also a intrinsic value.
exactly 100% correct. Coins get more premium, bars you can get better value IMO. But Coins do have value if you think we're going to have a economic collapse of epic propositions.
What made the huge jump in value?
@@coyfpv1271bars are better. When you go to sell, they don't care about intrinsic value. Only the gold. Speaking from experience.
I’d love to see this exact same video for silver! Thanks!
Keep saving until you can get gold..
Buy both if you can and same with silver
Bullion aka bars will have less of a premium but also less of a numismatic value, however gold bullion coins are usually minted in 22K ie the American Eagle.
It's about preference really. Or look at coins as more of a collectable way, and bars as just pure investment/stacking.
I love the Geiger square gold bars. Truly a work of art
Another great video. Thanks dragon
thanks this really helped a lot!
Coins are significantly more fun to stack than bars particularly, if you have favorites or rare pieces you like to revisit. However, if you are trying to take advantage of it financially. It is waaaaaay harder to psychologically let go of coins than it is bars.
Serious Question no Flex or some something… currently i have
6000€ either for
12x 1/4oz Britannia's
or
10x 10g Gold Bars
what should i get? im from Europe and many people said coins more a US thing in the EU its more about Gold Bars but other channel always say get both or just bars bc coints not that good etc im new into all this 'Gold Investment' stuff 😅
@@xscarface1997 In either case I'd move up to the one ounce size and ditch some of the high premium you'll pay with fractional sizes.
Still need to pick up my first ounce of gold. Have a few goldbacks but mostly silver. Hopefully next year. Definitely following your tips on buying.
I just bought gold backs as well, I live here in Utah and found out there are very few places that sell them. Pretty cool 😎
I prefer 1oz coins vs bars too. I can take out and feel, touch, and hold it. The bars packaging sucks, all u feel is plastic. The PAMP SUISSE is the worst, the protective layer very easy to come off end up many bubbles like a phone screen protector.
Great content thanks SD
Just picked a 1/10 ounce Gold Libertad at the LCS (only one he had) for $5.00 more than Gold Eagle of the same size. Best.
If you don't mind me asking how much did you pay iam interested in one thanks
@@drip369 - I just found out that they only minted like 1,250 of the 1/10 for 2019 - making them kinda rare. I think other years have similar mintage. eBay has ones selling higher than $275. I paid around $250. Maybe the LCS overlooked it. Maybe they’re rare but overpriced on eBay.
Well Done!
~AGM
I think about it from an "outsiders" perspective. If most newcomers only like eagles, then they will of course buy the eagles. If shtf and eagles are the most popular, the. They are easy sales. Whereas I am sitting on bars and bullion for while. Think about it like this, I will purchase a name brand before a 3rd party because of credibility.
@@socalcraigster Coin shop overlooked it, Libertads are very low mintage and are very popular now, nice pick-up.
I own both bars and coins however I think that coins are a much better choice if you are planning on using them as currency should there be another great depression or a black swan event. I also think that buying coins in the lowest weight is preferable if you are buying for a SHTF scenario. I'd rather barter with a 1/4 oz Gold coin than a 1 oz for obvious reasons. Silver coins probably need to be minimum 1oz and are probably the best choice if you do intend to ever use a precious metal to buy food and other essentials when the world economy crashes. This sounded like the talk of preppers and conspiracy theorists a few short years ago, but now we can actually see that the world is headed for financial ruin, and if you hold paper gold or silver, stocks or cash in the bank, then you could stand to lose it all. I plan on investing a considerable amount into both Gold and Silver coins now, probably 1/4 oz Gold Coins and 1 oz Silver coins. I don't care about the designs on them, or the collectability of certain limited edition coins, I only care about spot value. In the coming Mad Max world the guy running the local supply store won't care whether it's an Eagle or a picture of Joe Biden on the coin, as long as the spot value is there.
Exactly! 💯
😵💫
since you also have bars what are the positive on them I see them as closer to spot in price
In a SHTF moment all forms of currency won’t matter. 😂 gold, like all forms of money, are just a medium for trade who’s value is only promised by an organization as a promissory note. Physical assets will always be the best bet for a SHTF case.
@@DariusJones05 meaning food fuel and ammo ?
There are plenty of fake of both gold coins and bars. I almost always prefer the look of the coins myself. As a weird twist Canada issues some gold bars with a face value. Thanks!
0:00 💰 Exploring the debate between buying gold bars versus gold coins for investment purposes.
1:20 🔍 Fake gold bars are easier to make than coins, often made from tungsten and plated with gold, but coins have more detectable features.
3:19 🛡 Coins are perceived as more trustworthy due to their face value and potential legal consequences for counterfeiters.
4:46 💼 Both bars and coins have liquidity, but bars might fetch slightly lower prices when sold back.
6:28 💲 Gold bars generally have lower premiums compared to coins, offering potentially better deals for investors.
8:16 🤔 Personal preference plays a significant role in deciding between bars and coins, considering factors like trust, liquidity, and aesthetic appeal.
The best takeaway from this: "Don't buy pandas."
The purity of both the Chinese and Russian gold coins are questionable.
Avoid purchasing both these coins.
When in doubt, there is no doubt.
Why is that on pandas!!!????
I would never think about this!!!
Pandas are know to not be manufactured to guarantee the minimum weight. You often find them 0.1 gram underweight. Other bars and coins are often a bit over the stated weight
China :(
Other than the Buffalo or the Maple Leaf, The gold bars are pure gold !!! 24 karat pure !!!
I am having a very difficult time understanding why any of the gold that's 24 karat would be worth less.I mean 22 karat verses 24 karat.Someone please explain this fenomena.
I'm in Canada so for gold, I'd say 1/4 or 1/10 ounce coins are best cus that way you can avoid capital gains tax when you go to sell them in the future. (less than 1000$ per coin most likely which is exempt from capital gains here)
I got some 1 oz coins but I got the 99999 pure RCM coins and they usually go for a bit of a premium after 5 years or so and I plan on selling them privately over time and the money will just be used for everyday things so it cant be traced really...
If your just doing it for a short term investment, then ya go for bars or what ever; kinebars and pamp suisse seem to be the most popular just stay away from american gold eagles and krugarands because they are .916 pure so unless you're in the US, theres a good chance you'll be taxed. A lot of places will tax gold at lower purities, like where I am it's taxed if its below 995 purity.
Gold Eagles and Junk are where it's at for me but I'm surprised not much talk about platinum with the price dip lately.
The buy/sell spread on platinum is quite large. It has kept me from investing in it. Giving away 10%+ is a no-no.
Thanks for the info
awesome video. appreciate the knowledge. new subscriber here
Cool vid man thanks
Thank you! Very helpful
Reach EMILIA E ARIAS for assistance just search the name online. They are, an approved dealer ✅
Thank you for your help.Very informative Video for somebody with no experience like myself
Why not both! I like some variety in my stack.
I have found through experiences that a lot of places will at most pay 90% spot for the fractional bars like the 2.5g
right. they are hard to sell. save up to buy a larger size coin, like 1/4, 1/2, or 1oz.
I love the fractional bars, shame they suck so hard in terms of pricing.
I like the Combibars, from various minters. These are (for example) 50g. bars that can be broken into 1g. pieces, just like a chocolate bar. Buying a 50g. bar means that you're only paying a small premium over gold spot prices, they seem to be popular and easy to trade, backed by reputable minters, and the 1g. pieces are convenient if you'll ever have to barter with your gold.
Canadian prepper did a review on that! You'd think for thousands of $$$, they'd package it in a better "dispenser"...🤔
@@EroticOnion23 What, like a Pez dispenser?
@@kaasmeester5903 i have seen those already,look it up its wild
Thanks for the info brother have a great Monday
go for the cheapest trusted bar, investing in gold is not an emotional thing
Should you buy PMs online or through a broker? What is the difference? Benefits?
Hello, I prefer the new Britania coin because of the security features. Like the trident that you can only see from certain angles.
and the Britannia are such beautiful coins. 👍
What about government minted gold bars with stamped serial numbers, like RCM which also is gov't protected? I hear that in a panic time, gold ends up as gold spot price.
Some times you get serious deals with $40 differences. This year I would go for the deals and pocket the extra fiat for any surprise drops in markets or precious or even cryptocurrency.
I have about a 50/50 mix. Several years ago French 20 and 40 Franc coins were a bargain, but those days are long gone.
small gold like 20Fr, 20M, 20Lire, sovs, etc. are really cheap v/s melt right now. plenty avail.
Gold Sovereign coins are semi numismatic, and Legal Tender in the UK. They have a default face value of £1, even if it is not stated on the coin. It replaced the guinea.
In the UK, you need to consider CGT when making purchases. And with silver and platinum, VAT as well.
Coins for me. I especially love the pre-33. I’m not into bars in that plastic assay package. Just a personal preference.
don't buy pre-33 gold until you know how to evaluate the condition, and if it is genuine. even coins in "slabs" can be incorrectly graded. so you have to know. just buy Eagles or Maples and put them away.
At online dealers, the bars are $50 cheaper than the coins using todays $1800 spot price and buying with their weekly deals.
For 1/4 oz and 1 oz go for coins. If you have a solit coin stack, you can start with bars (100g+) ...
In some Countries (like the UK) coins minted as legal tender are free from Capital Gains Tax. So here in the UK its probably best to buy e.g. Brittanias, and they will attract a premium...
Where I live, there's sales tax on coins, but not on bars. That ups the price of coins dramatically. Bars all the way.
That's very strange since coins are a legal tender. Can I ask where you are referring to?
@@paulwhat322 Minnesota
heh
in my country silver is not considered investment, so spread due to taxes is about 30% of whole price -_-
I like USGE, SE, and pre64 (junk). But I’m getting into kilo plus sliver bars. One piece at a time and stack up my friends!
Great video! I like both, but coins are more fun and historical.
Good video SD! THANKS! Price is everything to a startup like me!
I like both myself! Gold coins have more of a design usually though.
A menos que seas millonario para tenerlas de lujo.. las barras son el mismo oro para respaldar el dinero, algún día se tendrán que vender.
if your looking at the britannia gold bar instead of a standard bar what would your thoughts be then
If we gotta resell the metal to a bank (because banks easily buy it from people without many restriction)
Is bullion better or the coin?
I really want to get into buying gold and silver where should I go to that. Reliable sites and such any tips?
I do prefer bars. I like the assay cards, and they tend to have lower premiums.
Obviously coins, both silver and gold. It adds to the immersion when using them during D&D sessions with my nerd friends.
I want to play fantasy RPG with you if you are using real coins!
Hahaha :) Surely they would like silver pirate marked bars though:)
I buy my gold and silvers to a very reputable bullion dealer. I do not buy anything from ebay. As a stacker, I prefer both gold bars and coins. I only buy 1 OZ at a time or sometime more if it is on sale. The big difference for me when I buy gold bar & gold coin is that, I get to touch with my fingers the gold coin, and the joy it gives me knowing I own it, before putting it in a capsule. On the the gold bar, I never remove it from the package with the assay card to preserve it's value for future resale. I really wish I could remove it from the package and just be able to touch it with my fingers just like the coins. What do you think? Anyway, let's go stack some more!
In the town I live in no one wants to buy gold bars. They want mostly American minted coins and Canadian maples. I have head this can be an issue in other locations. In a big city it most likely isn't a problem. If you don't want to travel far in the future you should check from your local coin shop if they take gold bars.
Bars take up more space due to the packaging. It is both convenient and protective to store coins in tubes. If bars don't come in packaging you can very easily knock and badly dent them on your vault when you take them out.
I have a 5oz silver bar found a plastic case just like for the coins sunshine minting it stores pretty easily. Pretty sure someone out there makes a tube for square bars. The biggest downside is the pricing.
If your worried about space on one oz gold bars you either have A LOT of gold bars or a really small safe
Also if you happen to get a 1849D it's hard to find information on but worth big money the one I had was different from what the Red Book shows mine sold for $1400 but was worth $25,000 do your research !! D doesn't mean Denver either !!
I personally like the Britannia's the best and even the Britannia bar is an attractive bar for a much lower premium. The US coins have too high a premium for my taste.
Just picked up a 2022 ounce Britannia it’s beautiful
The Britannia has a higher gold content as well.
Britannia’s are Gorgeous!
I agree, also the "laser etched " hologram is a nice little extra security addition. And i like how they are 24k instead of 22k like some of the others.
i like it . Good education video on gold
Very helpful video
There is nothing int it, in the the UK, coinage has a CGT free edge that we are unlikely to benefit from.
I recently acquired a 100gm bar at the same cost as a 3 x 1oz bullion gold coins and a full sovereign.
That's about 3.2 oz.
The motivation to get the 100gm bar being the Royal Mint Britannia design.
Bars are OK, if you want to keep them and want something more impressive than a coin.
However, be prepared to be underwhelmed, gold bars unless very thin can look disappointing.
Why does it matter if it’s a bar or coin? I try and purchase the best deal whether it’s a round or bar. I’m working on 50ozs of gold so once again it doesn’t matter to me. I have every sales receipt from credibile on line dealers along with package numbers.
Any drawback to stacking nuggets?
I have a question? I heard silver pandas are very collectible item. Do you think it would be a good idea to start buying silver pandas and then selling them on eBay?
Fee's on ebay take a lot of your profit by the time you pay fee's and maybe shipping not worth your time with panda's or other bullion. Maybe high collectable coins yes I sold a 2019 Gold Reverse Proof MS 70 1 oz. Libertad which I first bought when they came out for $1800 sold it two yrs. later for $3700. So yes you can make money BUT it has to be the right collectable coin not just Bullion coins like the pandas.
Wow more amazing Gold Video friend
Haven't bought any bars yet, but I'm picking one out for tax time lol! Nice prices!
Canadian Royal Mint has really nice Gold Bars in my opinion
Before I watch this] I know coins have higher premiums but I'm watching this to see if the higher premium is worth spending the extra money to potentially get more later but bars are my preferred way cause it's premiums are lower
It seems like it's a loss if the price to off load doesn't cover the premium cost when the coin was purchased.
Cheryl- it is a loss and it's a darn shame how these shops, dealers and Mints speak so nice on the phone or in person, but the minute you go to sell them your 999.9 fine gold bar; they will all STIFF YOU hard with no vaseline! Sorry to be so descriptive however I am a bit angry at this current manipulative Gold/Silver Devil Industry here in the U.S.A.
I buy both, bars and coins, silver and gold. Diversity
I love the royal Canadian mint 1 oz gold bars!
Do you think websites of brands like JM bullion? There's one popular bullion UA-camr also in curious about
How does every feel bout “graded” coins vs non graded coins? What’s the better value for holding and better value for investment? As I feel NGC Slab holds better value. Comment?
Where and who is the safest place to buy wold bars and coins
Keep hearing coins are the best so I got em but I love the bars
For the everyday investors, Is it better to buy common gold bullion coins or premium gold coins???? I've been told it's better in the long run to purchase Premium precious metals like gold and silver. I know premium coins are more expensive. Thanks. -- Ray
Reach EMILIA E ARIAS for assistance just search the name online. They are, an approved dealer ✅
I think you didn’t cover another aspect as to why one would prefer one over another. There are many women including me who would have their gold converted into jewelry. In that case buying a bar makes much more sense due to the purity since American eagle purity is slightly lower than bar. So the final purpose of buying gold also plays a big part.
Jewelry 🤣
@@invisibleman7971 why is that funny? These bars are the most liquid and easiest to sell because you can into a jewelry shop and get rid of it. Only collectors are interested in coins and try selling that when the price is high? Collectors are stingy bastards. Spot price is fake, your gold can’t be sold at that price. Or even realistically bought.
@@TheBooban hee literally just showed a shop that will pay spot for certain coins
what should i buy if i just want to start out
Why not buy both?
best place to buy physical gold??
I like both but I like bars that can stack and not in the assays
Why the use of gloves? Can you really damage them touching them directly?
bars are easier to sell...as long u have the original receipt , dont open the seal, u can sell to the bank u bought it easily
But gold purchased from the main reputable dealers should be easily sold to banks at market value. But it is not! The buyers are at tremendous disadvantage vs Gold/Silver Shops, Dealers and Mints. I'm at the point of just melting my bars into solid jewelry and be done with this wicked and evil industry.
Personal preference.
Always purchase from a reputable dealer.
I have a question someone was singing the pluses of buying investment gold, American Eagle gold 1 oz MS 70 never touch by human hands vs. an American Eagle 1 oz gold bullion coin. The MS 70 has a higher premium but has a better chance of higher profit. Is the MS 70 AE worth it?
Reach EMILIA E ARIAS for assistance just search the name online. They are, an approved dealer ✅
Where you buy silver?
I know bars have serial numbers, so they can be identified. Do coins have serial numbers?
Choose wisely...
I tend to buy 1/10th and 1/4 most of the time. Coins are harder to fake well in my opinion if they screw up even the smallest detail it’s going to stick out to those that know them.
buy the sigma machine ,the machine went up in value $400 more since i bought it, i can sell it for profit
You can never rely on getting the premium back when you go to sell.
Ain't gonna happen.
What is a reputable dealer with low markup?
Would you recommend take the bars out of the assay card and store them anywhere else?
No