Did you know that the first minted gold coins date back to 700 BC in the Greek region of Lydia (Turkey)? Golden coins have a long and storeyed history as a prominent component in every major economy and still have an important role in the modern world.
If you’re a saver, it’s important to spread your investments across a wide array of asset types. Stock, ETFs, and currencies are all wonderful stores of value, but gold is the only one of these asset types that has never hit zero and doesn’t need institutions to back its value. Learn more about the fantastic benefits this brings in this handy article.
1. Gold’s Ever Upward Trend
One of the best reasons to keep gold coins and physical gold as an asset is that it appreciates in value in the long run. Though there may be seasonal dips when more gold becomes available or when the world’s economies stabilize, the general trend is an appreciation that beats inflation.
2. Golden Coins are Easy to Store
Most financial strategies that involve purchasing physical assets focus on huge objects. For instance, you may invest in properties or a particular business. These kinds of physical investments are expensive to secure and insure.
When you invest in golden coins, you get a physical asset you can lock away in a safe. You can find an institution that allows you to pay for a safe deposit box for extra protection.
3. Gold’s Universal Acceptability
Another element that sets golden coins apart from other metal investments is that it’s much more liquid than the rest. Investing in other metals may take the form of stocks in steel companies, platinum, or various mining operations. There are far fewer forums at which you can convert those investments back into cash, and it often takes a lot longer to do so when you want to.
You can turn gold back into cash at thousands of places all over the US and virtually every other country.
4. Discreet Generational Value
Last on our list of gold coin benefits is that golden coins are entirely private; only you know how much you have. Being secretive about your wealth can help you avoid being victimized or badgered by acquaintances looking for a quick and interest-free handout. It’s also a secret you can pass on to help children and grandchildren establish themselves in college or the early years of family life.
Make the Best Investment Decision Today
Using golden coins to store your hard-earned wages for some time in the future has many unique advantages. Buying gold coins is quiet and discreet; their value only increases in the long term, they’re easy to store, and they’re easy to sell when you need to. Passing them on also doesn’t require fancy registration or legal admin; you simply give them to your heir.
Of the many different types of gold investments, buying gold coins is one of the best for your portfolio. Contact us today if you’re looking for the best place to buy or sell gold coins.