Hi,
Metal in the case of investments in gold, the initial major choice isn’t how much to invest—it’s in what form. The most prevalent debate? Gold bars or gold coins. Both choices provide tangible, in-the-real-world value and conserve wealth. But based on your investment objectives, price range, and tastes, one may be preferable to the other. At AU Bullion, we stock a broad selection of both gold coins and gold bars, so here are the pros and cons of both to assist you in deciding the right option for you.
Gold Bars: Suitable for Bigger Investments
Why Pick Gold Bars?
Lower Premiums: Gold bars typically carry lower premiums above spot price than coins. More gold for less cash.
Ideal for Bulk Purchase: Should you be spending a large amount—10 oz, 100 grams, or more even 1 kilogram—on an investment, gold bars become a more financially viable option.
Space-Saving Storage: They are stackable and occupy less space for an ounce than coins, and are consequently easier to store safely.
Things to Consider:
Less Liquidity than Coins: Bars of greater size will be more difficult to sell promptly, particularly in small amounts.
May Need Resale Assay: Some resellers will ask for certification or testing when reselling large bars, particularly if they are not sealed or are from unknown brands.
Ideal for: High-net-worth investors, long-term investors, or any individual who is interested in acquiring a large quantity of gold at the lowest possible cost for every ounce.
Gold Coins: Versatile, Identifiable, and Easy to Exchange Why Use Gold Coins?
Government-Guaranteed: Coins such as the Gold Maple Leaf (Royal Canadian Mint), American Gold Eagle (U.S. Mint), or Gold Britannia (UK Royal Mint) are legal currency and guaranteed by their respective governments.
Greater Liquidity: Currency is recognized and accepted, and it is possible to sell it almost anywhere—with or without further identification.
Smaller Denominations: Come in the sizes of 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz, offering budgeting or incremental selling flexibility.
Things to Consider:
Increased Premiums: The coins typically carry a slightly increased premium for their design complexity, collectibility, and costs incurred for minting.
Stronghold Storage: More compact than bars, coins occupy more volume for a given weight of gold.
Ideal for: First-time investors, collectors, those desiring greater flexibility, or anyone who might need to sell smaller fractions of their gold from time to time.
So, Gold Bars or Gold Coins?
AU Bullion Has You Covered, Either Way. Whether you prefer bars because they are affordable or coins for their versatility, AU Bullion has a large selection of investment-grade gold. We carry products from: Royal Canadian Mint (Maple Leafs), PAMP Suisse, Credit Suisse, Asahi Refining, Perth Mint, and more. We also have the option of circulated and sealed units, with the most competitive offers both in-store and online from our Vancouver and Brampton stores.
