Wednesday, April 23, 2014
How To Buy Gold Bars
Steven Cochran, better known as the "Coin Explorer," is back with another video that helps explain how to buy gold bars, how to choose between the different types gold bars, and what to pay attention to when making a purchasing decision. There are many buyers who are interested in adding physical gold to their holdings or their investment portfolio, but are unsure of the ins-and-outs of how to go about purchasing gold bars without making costly mistakes. Gainesville Coins' enthusiastic expert, the Coin Explorer, offers assistance with how to identify the most trusted brand names in the gold refining industry, how to distinguish different forms of gold bars from one another, and what the key characteristics of gold bars are. Gold bars are highly pure ingots containing at least .995 fine gold, or 99.5% pure gold. However, most gold bars from respected refiners are made of .999 fine gold, meaning that just 1 part per 1,000 in the alloy is a metal other than pure gold. For centuries, gold bars have been the most common and convenient form of gold bullion. One of the leading names in the gold bullion industry is PAMP Suisse, a Swiss refinery that is renown for both the quality of its gold bullion products as well as its aesthetically pleasing designs. The signature artistic design featured on PAMP Suisse products is Lady Fortuna, the Roman goddess of luck and fortune. She appears on PAMP Suisse minted bars with a blindfold over her eyes and a spiral cornucopia pattern. These minted bars make for convenient storage with their uniform rectangular design and raised edges, making for easy and efficient stacking. PAMP also produces poured gold bars, which have a rougher appearance and rounded edges. The newest innovation from PAMP Suisse is the Multigram gold bar, which gives you the flexibility of having gold in smaller one-gram increments. The Coin Explorer also highlights gold bars from the Sunshine Mint Company, the United States' largest domestic producer of gold. Sunshine Mint gold bars have the advantage of being .9999 fine, or an incredible 99.99% pure. Check out this informative video on how to choose the right gold bar for you!