Why buy gold coins rather than gold jewelry?
April 1, 2008 – 3:47 pm
piNkiShlOOps asked:
Why should I purchase gold coins rather than buy gold jewelry? Is one generally worth more than the other? Is one valued more than the other? List pros and cons please! Thanks!
Why should I purchase gold coins rather than buy gold jewelry? Is one generally worth more than the other? Is one valued more than the other? List pros and cons please! Thanks!
Tags: Buy Gold Jewelry, Buy Jewelry, Gold Coins, Pros And Cons
2 Responses to “Why buy gold coins rather than gold jewelry?”
The gold you cant wear them.
By KMcG on Apr 1, 2008
Coins have these major advantages:
Weight and fineness are always a known quantity. That makes coins much easier to buy and sell. Numismatic (collector) value is a bonus.
Gold jewelry is harder to evaluate. In buying gold jewelry, you are paying for workmanship, and you are unlikely to get that back when selling (Cash4gold.com and similar outfits give you nothing for workmanship or precious stones that may be part of the piece).
By I. B. Zoxx on Apr 2, 2008