Bullion Prices
The short-term benefits of bullion investing are widely known, as bullion prices generally tend to hover slightly above the current precious metal spot price, which fluctuates hourly according to demand for the precious metal bullion. Bullion comes in the form of bars, and coins, and both types are ideal vehicles for short-term gains, as well as for physical possession. Experienced investors generally recommend physical possession for at least some of a bullion investment, as one-ounce, and ten-ounce bars are easily and discretely carried or stored, and lend immeasurable peace of mind to household investors. Incidentally, the utter simplicity of bullion bars usually means lower bullion prices than bullion coin. Reputable brand names for bullion bars include Johnson Matthey, Credit Suisse, and PAMP Suisse.
Bullion coin actually has long-term and short-term benefits, as investors can use bullion coins for precious metal-backed IRA’s. More and more investors today are concerned about protecting the value of their hard-earned retirement dollars, and the U.S. government approves the following bullion coins for IRA storage:
22-KARAT COINS – American Eagles, which are actually near replicas of the storied $20 Saint Gaudens, 22-Karat gold coins, minted from 1907 to 1933. They are available in denominations of one-ounce, ½-ounce, ¼-ounce, and 1/10-ounces, to fit a greater range of budgets. American Eagles also are available in proofs.
24-KARAT COINS – American Buffalos, Canadian Maple Leafs, Australian Koalas, Kangaroos, and Lunar coins, as well as Chinese Pandas. These coins are also incremented into smaller denominations, and make superb collector’s items.
Naturally, 24-Karat coins carry higher bullion prices than 22-Karat coins. Investors are encouraged to complete their research, and then to contact one of our friendly investment specialists, who offer large-volume discounts on bullion bars and coins.
Shawn Cunningham
Tags: Bullion Prices
