If you are new to the world of investing, you might not even know what either of these things are so let’s have a look.
More about bullion
Bullion are gold and silver coins that are popular in the investment market and also for inflation reasons. The weight of bullion is always expressed in an even amount among dealers (e.g. 1 ounce, half an ounce or even grams.) Bullion coins are manufactured and distributed on a yearly basis but usually just for investment reasons.
Some examples of bullion coins can be found below.
More about numismatic coins
Numismatic coins are quite dissimilar to bullion in many ways, even though they are also coins. In addition to an investment, they are seen as collectible pieces because they are no longer produced in the times that we live in. The reason they are worth so much is because of how rare they are, not because the metal content. Numismatic coins generally look pretty cool in terms of their appearance, it’s obvious that they are older and have more of a history around them. Whereas bullions are exchanged from investor to investor, purely for the purposes of profit.
Some examples of numismatic coins are as follows.
Pre 1933 $10 and $20 eagle coins
When you are deciding which of the two to invest in, it really depends on a couple of options. Are you purely investing to make money or do you always want to get your hands on some collectibles that are worth money but also very rare?
No investment is 100%, deals are always going to fall through and there are always going to be rises in falls in terms of what both types of coins are worth. Many things can make an impact on how bullion and numismatic coins are valued including rarity, collectors demand and timing. You can check out the current value of them online, so be sure to do this before you invest. Investing in rare coins can be super profitable but don’t do it unless you can actually afford to do so because things to change in the unpredictable world of money. If you have a rare coin in your possession and you don’t really know what category it fits into, get it valued by an expert in the field. The last thing you want to do is sell a coin for much less than what it is actually worth, be knowledgeable about the subject or there will be people out there who will try to scam you.
If you are focused on making money in the here and now as an investor, bullion is probably the best option of silver and gold investments. If you love to collect things and also want to make money but that is not in the forefront of your mind, numismatic coins are going to be a winner. Invest in bullion for the short-term and numismatic coins for the long term. Investors vary in terms of who they are and what they want, so be sure to make the right decision based on you and don’t let anyone else sway your decision.