Jewelry, especially antique pieces, can provide another avenue for buying gold. Whether you buy your gold coins in-person or online, you don’t want to waste money on forgeries or gold that’s less pure than you’re led to believe. If you choose to buy your gold coins online, make sure to go through a dealer listed in the U.S. You can buy gold coins through dealers, pawnshops and individual sellers that you trust. In fact, the coin weighs 1.1 ounces, approximately one ounce of which is pure gold the rest of the weight is silver and copper. A one-ounce American Eagle coin, for instance, is only 91.67% gold. This means you’ll probably pay a premium over what you would for the same amount of gold in the form of bullion.Ĭoins typically have lower gold content than gold bars. Gold coins, like the American Gold Eagle or Canadian Maple Leaf, are popular collectables. And keep in mind that you may be on the hook for delivery fees-plus insurance-to assure the safe transport of your bullion. You can buy gold bars from dealers, individuals or online from sites like JMBullion, the American Precious Metals Exchange (APMEX) or SD Bullion. This is especially critical if you’re hoping to store bars in a gold IRA less pure gold, unless it’s a specifically pre-approved gold coin, cannot be held in an IRA.

Purity is very important when buying gold: Investment-quality gold bars must be at least 99.5% pure gold. Bullion is typically sold by gram or ounce, and the purity, manufacturer and weight should be stamped on the face of the bar. Gold bars-more commonly known as bullion-are a popular choice for people looking to buy gold. However, due to difficulties in storing and insuring physical gold, some investors choose to get exposure to gold through indirect methods such as gold futures contracts, exchange-traded funds (ETFs) and stocks tied to the price of gold itself.

That is to buy and store it in the form of gold bars, gold coins or jewelry. There’s only one way to buy physical gold.

Us reserve gold coins