Your Options To Buy Gold Coins And Silver Coins

By Author: sammy Cook
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Looking for gold coin to buy and also the best silver coins that can safeguard you against emergencies? Most Indians prefer to buy both gold and silver coins for rainy days; after all, this is a trend started years ago in our country. Though women has a lot of gold jewellery that was collected to protect against debt in case financial losses were incurred, many families also collected gold bars and coins that could be sold more readily at the current price of gold as opposed to jewellery. With jewellery, the buyers will ascertain quality by melting the jewellery and make a bar to weigh the exact gold value and all the complexity of design that cost so much extra will only result in lesser returns. Coins are far easier to store and also sell, which is why they are a better investment option.

Today most Indian banks offer some of the best gold coin to buy and also silver coins. The benefit you have when you buy silver coins India or even gold coins from banks is that you don’t have to worry about the authenticity. However, remember that they do charge a premium on the coin, and can probably buy 24 carat gold coins at ...
... cheaper rates directly from the jeweller who is manufacturing the coin. Also, the same jeweller will buy back the coin in an emergency and give you cash instantly without much paperwork, since the warranty is from his store itself and he doesn’t need to verify the purity of gold while buying. But then, you have to do a lot of homework and find good jewellers and merchants so that you can trust their coins to be authentic.

Today even post offices sell gold and silver coins. An advantage you have when you buy gold coin from the Indian Post Office is that they charge a lesser premium as compared to banks, while they also assure authenticity. However, the same issue arises here – they don’t buy the coin back and you will need to find a jeweller who will buy the coin from you. However, they do offer complete paperwork so selling your coin at a local jeweller will not be too cumbersome.

This is primarily the reason why more and more people choose to buy online gold coins and even buy silver coin online. You can find quality coins and also get complete paperwork and if you want to buy silver coin as a gift for someone, it can be delivered directly to their address. Also, big names in jewellery like Tanisq and Gitanjali offer best gold coin to buy and best silver coins in various sizes and carat weight, so that you can choose based on your budget. Some people might claim that online retailers charge a higher price per gm of gold for their best gold coins to buy; however, only will thorough research done by comparing gold coin to buy at banks, post offices, online stores and local jewellery stores can you find out where you will get the most value for your money, keeping in mind also the necessary paperwork that comes with the coin which is crucial for making a fast sale in times of need.