When it comes to investing in precious metals, there are many options available. This includes the choice of precious metals, such as gold, silver, platinum, or palladium, and the form of the investment. Bullion can be purchased in government issued coins or privately minted bars. This site will help you sort through the various options and find auctions for various bullion products.
One of the most popular ways of investing in precious metals is by purchasing government issued bullion coins. In most cases, the weight, content, and purity of the coins is guaranteed by the issuing government. Coins from different countries also carry different designs and have different mintages for each year. In some cases, bullion coins can become collectible due to the unique design or a low mintage.
The most popular bullion coins are the American Eagle series from the United States, the Maple Leaf series from Canada, and the Krugerrand from South Africa. The American Eagle coins feature compositions of gold, silver or platinum. The Maple Leaf coins have featured gold, silver, platinum, and palladium. The Krugerrand was the first bullion coin and is minted in gold.
Another popular option is bullion bars. These carry the advantage of easier storage and portability, as well as lower premiums. Also, in some cases, bullion coins may not be readily available. This is primarily the case for palladium, since only Canada has issued a palladium bullion coin for just three years.
Bullion bars can be found from a variety of private mints and bullion dealers. The most popular bullion bars are 100 oz silver bars. Large investments in silver are particularly suited to bar form, because of the volume of the metal for significant investments. Large investments in gold can also be accomplished for bars.