½ oz gold coins are a great way to invest for the future as an alternative to banks and buildings societies as well as stocks and shares. The ideal way to inflation-proof your wealth, you don’t even need to be an expert to benefit from this investment opportunity. Not everyone is ready to get involved in highly volatile investment opportunities and such people would do well to consider gold because it has historically proved a sound investment in periods of inflation and deflation.
½ oz gold coins are a great way to diversify your investment portfolio or as a way of getting involved in investing in gold to preserve your reserves. A pleasing way to store your surplus cash, ½ oz gold coins are affordable and accessible as well as a pleasing and rewarding way to invest.
Why buy gold coins?
Gold has been used for centuries as a way of backing cash and for investment purposes. As precious metal, gold has an intrinsic value that can be passed from generation to generation and, when combined with a coin that has a tangible face value, becomes legal tender. Gold coins come in two major styles; old, collector’s coins and recently minted coins that are produced in limited supply and often sold very close to the spot price. In order to get involved in collector’s gold, you really need to know what you are buying and understand the gold market.
Specially minted gold coins remove the need for this market awareness and luck that’s involved in success with collector’s gold. This makes these coins a great way to get involved in buying gold for the first time or for the amateur investor as well as experienced investors seeking to add real variety to their portfolio. Produced in different denominations, this option allows you to invest as much or as little as you wish into this vehicle.
What exactly is a ½ oz gold coin?
A ½ oz gold coin is exactly as the name suggests, a coin that’s made of gold and weighs half an ounce. Generally speaking the coins are round and will have an image on each side, just as you would expect with any coin that you use in your day-to-day life.
How big are they?
The diameter and thickness of ½ oz gold coins vary slightly from coin to coin, but no matter how big or how thick they are, they will weigh ½ an ounce or 15.55 g.
Who produces these coins?
The sorts of names you can expect to see when shopping around for ½ oz gold coins are: 100 Euro Bamberg, Panda, American Eagle, Lunar Dragon and Nugget, Kangaroo. These coins are produced in mints around the world in countries such as Australia, The People’s Republic of China and Germany.
What is their legal status?
Very often these coins feature a face value. In the case of the ½ oz 100 Euro Bamberg gold coin for example, the legal face value of the coin is 100 euros. That said, the actual value of the coin is much greater than that because it is made up of the intrinsic value of the gold plus the face value.
How pure are ½ oz gold coins?
These ½ oz gold coins are, generally speaking, of a purity level of 999/1000, which is deemed to be 24 karat gold.
How much do they cost?
These coins trade very close to the gold spot price, which means you get great value for money and a sound investment opportunity no matter what the economic climate. When you invest in this type of gold investment, you truly know that you can hedge your funds against the vagaries of government control over currency and put control back in your own hands.
Where should I buy?
The most important point to bear in mind when choosing a ½ oz gold coin supplier is to choose someone who knows and understands the product and has sufficient clout in the market to be able to sell at a low margin.