How to Purchase Gold Coins as An Investment
As the dollar continues to drop in value, you will begin to see many people start to talk about purchasing Gold Coins as an investment. I will share with you some tips.
Instructions
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Find a good dealer online. Go ahead and Google "Coin Shops" You should be able to find a good dealership close to you. Before you actually go to the dealership, I suggest you give them a call first, and see if they have gold coins available. Some shops may or may not have gold coins, so make sure you call in before time.
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Know the price of gold before going to the dealership. Go to http://www.monex.com/why/silver_market.html and check out the price of gold. The price changes during the day and fluctuates rapidly. So make sure you know the price. Depending on the dealer, you more than likely have to pay a premium on top of the actual price of gold. So be prepared to pay a little more than the actual price of gold as shown on the site.
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Purchase the coins. After you have negotiated with the dealer, go ahead and give them your cash to get your gold. I am not legally approved to give investment advice, but if you are reading this post, you more than likely have been thinking of gold coins price. This post shows you how to buy the physical coins, although you can also purchase ETFs of the gold Stock. However nowadays, I would suggest purchasing the actual physical gold with all craziness going on with paper money.
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Tips & Warnings
Find a good dealer online
Know the price of gold prior to going to dealership
Purchase the coins