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gold bars
gold bullion
precious metals
How To Buy Gold - Bars And Coins
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How to buy gold bars and coins safely so the value is retained requires a number of things to be considered. It’s important to know the purity of the gold that you are purchasing. The most secure way to buy gold bars is when the content is guaranteed. The safest source for buying small precious metal products such as coins is government mints. For buying large precious metal products, such as gold bullion bars - the safest way is by purchasing Good Delivery bars.

Details of the price for different weights and purities of precious metals are on national mint websites, for example the United States and Canadian Mints. This is the safest source for buying gold bars and coins because the weight, purity, and content have been guaranteed by the government mint. These products are accepted worldwide as being genuine. When selling, an independent assay to determine the purity of the gold is not needed.

The government mint websites list approved dealers for investors who wish to buy gold bars and coins. These dealers have placed an application and have been approved by the mint to be recognized as authorized dealers. Dealers need to have displayed the highest ethical integrity to be listed on the government mint websites. Purchase small precious metal products directly from the mint or from an authorized dealer.

For purchasing large gold bars the Good Delivery bars are the safest way to preserve your asset. In London, New York, and Zurich there are a small number of precious metal refiners that have been approved by the professional bullion dealing communities to manufacture large Good Delivery precious metal bars. These products are accurately specified and guaranteed to be 99.5 percent pure or better.

Good Delivery bars have never been in private possession so they are deemed to have high integrity. These bars are stored in bullion vaults. Accredited bullion couriers transport these products, keeping a precise record, so there is evidence of continuous trusted storage and handling. This guarantees the integrity of the gold.

When purchasing gold bars and coins through a government mint or an authorized dealer:

- organize the purchase to be posted with a reputable carrier

- ask for a printed or electronic sales confirmation number with a receipt showing the purchase price

- Have the purchase insured and posted in nondescript packaging

- Purchase the precious metal products personally when buying locally

- A safety deposit box is a secure location to store gold bars. If purchasing a substantial amount, request to deliver the products from the dealer to a private bullion depository.

An investor needs to know how to buy gold bars and coins safely so the asset value is not lost. Deal with reputable and secure sources only, and ensure the product and price paid is relevant to the weight, purity, and content of the gold. For small gold bars and coins, purchase them from government mints or government authorized dealers. For large gold bars, purchase Good Delivery bars. If not purchasing locally, organize secure postal arrangements and have the gold stored securely.


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