What is the significance of buying known mints when it comes to selling?

While purchasing gold and silver, the price and the material are the most emphasised aspects. The truth is, gold is gold itself, correct? Although the material will always be important, its origins could definitely bear influence during the time of selling.

A resale value or ease of resale being an important factor for you, the role of known mints cannot be overestimated.

Not All Bullion Is Treated the Same

On paper, a one-ounce gold coin represents the same amount of gold no matter who the manufacturer is. But in reality, consumers, especially merchants, are highly interested in trust and recognition. Products from well-recognized mints are easily verifiable, easy to value, and easy to resell.

This, in many cases, means faster transactions and improved offers for resale.

Instant Trust = Faster Liquidity

Well-known mints such as the Royal Canadian Mint, Perth Mint, and Royal Mint have established themselves over many years of experience and are trusted by all dealers around the globe.

When you bring the Gold Maple Leaf or a recognized minted bar into the equation, there is hardly any second-guessing. 

Lower Friction, Better Buyback Experience

Less well-known or even “obscure” bullion products can also be legitimate, but they can also pose additional questions. This could include additional testing, extended processing times, or more conservative pricing.

Brand-name mints eliminate this uncertainty for dealers. Dealers know that they can sell this product again and often receive better prices for buying the product back.

Security Features Add Real Value

Premium mints spend extensively on advanced security features like micro-engraving, radial lines, serial numbering, and anti-counterfeiting. These security features are not mere amenities but also safeguard the secondary market for your investment.

And as long as authenticity can easily be verified, trust will remain high, and trust is all-important when it comes to the sale of precious metals.

Being Known Doesn’t Mean “Costs More” in the Long Term

There are some investors who are holding back due to a slight premium associated with recognized mint products in terms of their initial cost when purchased. However, this premium often decreases, and in many cases, it becomes zero when resale occurs

An item that sells well and with confidence may have the edge over a cheaper, lesser-known alternative, even if overall cost is factored in.

Think About the Exit Before You Buy

Buying gold and silver is not only an investment in a commodity, it is also an investment in flexibility. As time passes, change occurs, and then there may be an opportunity. It is easier to make decisions when flexibility is possible. It is also easier to make decisions when starting with known mints. At AU Bullion, our focus is on products that are not only trusted today, but easily sold tomorrow. And that’s the smarter way of investing, where the investment process extends far beyond the point of acquisition.