Building Your Stack: How to Buy Gold Bullion
Gold Bullion can include products ranging from gold bars and rounds to gold coins. This article continues the lesson about buying gold bullion with some important tips for building your gold stack.
Where to Buy Physical Gold Bullion
There are plenty of places where you can find gold bullion for sale. For example, you may find gold bullion for sale at the local pawn shop, a local coin dealer, or even the classifieds. However, it’s best to stick with reputable coin and gold bullion dealers. Look for dealers that have been in business for at least a reasonable amount of time. If they’re doing things right, you should also be able to find good feedback about them.
How to Buy Gold Bullion Bars, Coins, or Rounds Online
The process of buying from online gold dealers is quite simple. Once you’ve chosen one that’s established and reputable after doing your research, take a look at their products. Regardless of which bullion dealer you choose, they should have a variety of gold bullion coins and gold bullion bars in stock.
Simply add the products to your cart and check out. Bullion dealers offer a variety of payment methods, which may increase or decrease the purchase price. Once your bullion has been ordered, just wait for it to be delivered, it’s that easy.
How to Store Gold Safely
Once you have your gold bullion, you need to keep it safe. You can create your own coin storage space at home with a bit of privacy or something as simple as a safe. Gold coin storage is simple. You can also keep your bullion in a safety deposit box or at a professional bullion storage facility.
For more information on proper precious metal storing techniques, read this Info-Vault article titled "The Best Ways to Store and Display Your Coin Collection."
Best Way to Buy Gold in Bulk
If you want to buy in bulk from gold bullion dealers, keep it simple. Buy your product of choice in quantity rather than a variety of different products. Pay attention to the available payment methods as well, this will help to reduce your purchase price as much as possible. For example, ModernCoinMart offers different pricing based upon the chosen payment method, which varies from product to product, with wire and e/Check sometimes being cheaper than other methods. Just look directly below the "Buy it Now" button on a given listing to see if that coin you have your eye on, qualifies.
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