Hi,
Having a precious metals collection is more than possessing beautiful gold and silver – it’s an opportunity to create an investment that appreciates in value and can act as a hedge against your investment portfolio. Whether it’s your first piece of precious metals or a third that sits inside your home safe, the objective here remains straightforward – create a beautiful and intelligent investment.
-
Begin with the Fundamentals
All great collections start with a few sound and trusted items. For beginners in investing, it’s always better to invest in coins accepted internationally – those that can be easily sold and come with an assurance on their purity.
Consider such options as the Canadian Gold Maple Leaf Coin, the American Gold Eagle Coin, the Silver Maple Leaf Coin, or the Silver Britannia Coin. These coins are classic coins minted by some of the world’s most renowned minting organizations and have a reputation that’ll never die.
These coins may also be an excellent starting point since the premiums that you have to pay relative to the spot price of the metal may be considerably lower than those of collector coins.
-
Mix It Up – Diversify Your Collection
One of the smartest things you can do is diversify. Don’t put all your eggs – or all your bars – in one basket.
- Gold provides long-term stability and asset preservation.
- Silver provides an affordable chance for large price movement.
These two precious metals offer your portfolio exposure to the metals of high-tech and alternative energy.
In addition, assemble a set of coins ranging from 1 oz to 10 oz bars. In this way, you can be flexible depending on the moment you want to sell or exchange them.
-
Stick with Trusted Brands
In the bullion industry, the brand on your bar or coins makes a world of difference. Reputable minting companies that offer unparalleled quality include the Royal Canadian Mint, Asahi Refining, Perth Mint, Valcambi, and Credit Suisse.
Collectors tend to pay a higher premium for these coins due to the high resale value. If you appreciate the artistry of bullion coins, it may be a good idea to incorporate a few proof coins or limited edition designs. These not only look beautiful but tend to increase in value as well.
-
Don’t Forget to Protect Your Precious Metals
Storing your collection properly may be as important as what you choose to buy. Rare metals could last for eternity as long as they’re properly maintained.
Store your coins in tightly sealed packaging or capsules to prevent them from being scratched or tarnished. As your value increases enough to be worth safeguarding, look into a safe deposit box or a home safe. Consider your metals as the precious assets that they truly are.
-
Think long-term
Precious metals are long-term investments — they’re not about chasing quick profits. The real value comes from holding them through economic ups and downs.
Monitor the market and keep yourself updated on global events and trends, and wait for an opportunity to add to your collection at a reduced price. The result of combining rarity and patience may surprise you as your precious collections become truly priceless.
Final Thoughts
The value of a precious metal portfolio transcends that of an investment – it also symbolizes your prudence with your finances. Just like an investment portfolio, your precious metals portfolio should build value and add assets to your wealth.
If you’re ready to begin your investment or simply want to add to your current inventory, AU Bullion offers one of the finest choices! For gold bullion coins and bars, silver bullion coins and bars, platinum bullion coins and bars, and palladium bullion coins and bars. We’re an Authorized Royal Canadian Mint Bullion DNA Dealer. Start small. Remain consistent. And watch your collection – as well as your wealth – sparkle.
