GMRgold Blog

The Trade Of Gold Coins

2020-10-19T00:00:00-05:00

Buying and selling of gold coins is a hobby that has gained a great deal of popularity in recent times. It seems easy and fun, but there is a lot of hard work and research that goes into it.

So, if you are a beginner at it, there are a couple of rules that you should stick by.

The first thing you need to do is to factor in your budget. This will give you a clear idea of the quantity of gold you will be able to purchase at a certain time. When this is done, it is time to move over to the type of gold.

For investment purposes, people usually prefer to buy gold coins, gold nuggets, or gold bars. Gold coins are the most popular among the three, considering their compact size.

They come in various sizes, but for investment purposes, it is best to go for coins that contain one troy ounce of gold. Moreover, you should also aim at getting the best deal possible, which means you should be aware of any possible discounts and sales. These aren?t very common when it comes to gold coins but keep your fingers crossed.

Moreover, you need a trusted and reputable firm for the trade of gold. The dealer helps you in ensuring you do not end up buying fake coins, and also comes in handy when you want to sell your gold after some time.

So, make sure to buy from a seller who can buy your coins when you decide to make a trade in the future.

Purchasing Gold and Gold Trends

2020-10-19T00:00:00-05:00

With gold prices being so unpredictable most of the time, it is only fair for people to be confused regarding the best time to sell off their gold.

A good way to keep track of the good and bad times to sell gold is to pay attention to gold trends.

What are Gold Trends?

Most professionals keep track of gold trends. But what is a gold trend?

The fluctuation in the value of gold typically follows a pattern that is called a trend. Gold trends tend to rise and fall in relation to the value of the Dollar. However, gold is considered a better option than the Dollar because it stays more stable.

A look at the past history of the rise and fall in the trends of gold shows that other than the most recent major fall due to the pandemic, gold has managed to stay surprisingly stable for the most part.

This may sound like a bluff, but we?re talking about a 200 year history of showing no major changes in value.

On more stable days, or when the trend of gold is on the rise, one ounce of it can still purchase you the same goods as it would 50 years back. Even when you do hear people talking about a fall in the value of gold, it is usually because there is a rise or fall in the value of the currency rather than the gold itself.

Is the Gold Standard Achievable?

With the right tactics, the gold standard can be achievable despite the recession in the value of the Dollar.

A sure way to do this would be to reinforce the 1933 legislation and stop citizens from owning gold but that can be hard to pull off.

Purchasing Gold and Making the Right Decision

2020-10-11T00:00:00-05:00

Investing in an expensive commodity such as gold can be nerve-wracking because you want to make sure everything goes smoothly.

Here is a list of the basic steps that can reduce the risk of scams:

Seller Information
The very first thing you should do is jot down a list of sellers and compare them so that you are left with only reliable sellers.

Next to every seller, mention basic details such as their name, address and most importantly, their website handle or location if they run their own shop. Doing this will give you clear and concise information about every seller that you have considered.

The next step is obviously narrowing the list down to the top three or four sellers based on this information:
- - How long the business has been running for
- - The legal side of things including the form of payment the seller accepts, their return policy, and also buying back policy
- - Check what other buyers have to say
Contact the Seller Directly
This is also a good way to get an idea of how professional the seller is without meeting in person. If they are genuine and not a scam, they will not mind any of your questions.
Make Smaller Purchases
Make a smaller purchase first to be on the safe side.

Doing this will not only give you a good idea of additional charges including taxes and delivery, but will also earn you a good and professional relationship with the seller if things do go right.

Conclusion

Follow this list and we?re sure you will have nothing to worry about.

Wholesale Trade Of Gold

2020-10-11T00:00:00-05:00

Buying gold in wholesale refers to purchasing gold, in various forms, in bulk, and selling it again once the prices rise.

However, realistically, everyone is not capable of buying gold in huge quantities due to the high price of gold. However, several other factors also contribute to it, such as transport and storage issues.

Most wholesale buyers of gold are companies, not individuals, so they store it in bank vaults and other secure places.

When buying gold in wholesale, all factors narrow down to one thing: your budget.

The more you can afford to spend, the more gold you can buy from it, whether it be in the form of bars, coins, nuggets, jewelry, or perhaps even through shares or Exchange Traded Funds.

According to numbers, most people prefer buying coins, as they are light on the pocket and do not put the buyer through issues of storage. Moreover, they are bought and sold in every corner of the world. So selling them at any stage and in any situation is not an issue.

While selling gold, it is best to sell it piece by piece, as you get a better price, unless you intend to sell an entire gold coin collection at once.

It is a known fact that the value for a complete collection always surpasses the value of its individual coins.

The best thing about gold is that it is both easy to buy and sell. You only need to find a reliable dealer who can help you with the process.

Buyers for Silver Coins

2020-09-26T00:00:00-05:00

You will need a silver coin buyer if you want to sell your silver coins.

There are multiple options for selling your silver coins. You can sell these coins to local coin dealers, pawnshops, and online dealers coin shows. In addition to this, you can even try auctions.

In order to sell your coins to a silver coin buyer, firstly you will need to know the true worth of your coins.

There are two ways to find that out:

Check the prices of other coins that are exactly the same as yours. This will give you a rough idea about the price of your coin.
Get your coins valued by an established coin dealer or from some pawn shop.

A coin dealer won't give you the best possible price. A much better option is to sell your silver coins in a private sale or some auction.

Other methods to sell your silver coins include local coin collectors clubs and advertisements in local magazines.

Coin shows are the events where you can find over 100 or more different coin dealers all in one place. Local coin shows are held from time to time and local papers and magazines will usually feature the venue for these events.

There are other avenues as well that include newsgroups, forums, treasure, and boot sales. Online auctions are the best way to sell your silver coins, at reasonable prices, from home.

Do thorough research on your buyer and ensure that they are bona fide.

Lastly, you need to describe your silver coins accurately and very specifically. Because the buyer may return the coin if it does not comply with the description you gave.

Selling your silver coins to a silver coin buyer is easy and not time consuming at all. If you want to make it even easier, you should go to the person you bought it from and inquire if they?re interested in buying it back. This will save you a lot of hassle.

Price of Silver Coins

2020-09-26T00:00:00-05:00

Silver coin prices can be easily obtained by browsing the web. All you have to do is search for ?silver prices today? and Google will show you the latest prices by searching through available sites.

If you want to check specific prices at a specific dealer, you can search for their site and visit it for the latest prices. We suggest that you keep yourself updated about the prices if you are serious about trading silver or silver coins since the prices of the silver metal keep on changing every few hours.

Some popular silver coins such as the American Silver Eagle, which is one of the earliest silver coins, can be sold for much more than the silver content of the coin.

The American Silver Eagle has a face value of one dollar stamped on it. But, it can be sold for up to twenty dollars based on when and to whom you?re selling it.

Silver coins are produced at various private and governmental mints. They typically contain 99.9 percent silver, however, you might find some other options as well.

Most silver coins are one troy ounce silver and they have a specific face value. But the main factors that determine the value of a coin are the silver content and rarity. This is why you should consider both these options and get your coins appraised by a professional.

Here are some of the most popular silver coins available for investors to buy:

Three Cent Silvers
Seated Half Dimes
Early Half Dimes
Barber Dimes
Early Dimes
Mercury Dimes
Seated Dimes
Mercury Dimes
Early Quarters
Barber Quartersv
Roosevelt Dimes
Standing Liberty Quarters
Washington Quarters

In addition to this, there are the silver coins that are produced by other countries like Australia, Austria, South Africa, the UK, and many others. These coins are also in demand since silver is an internationally used metal.

A silver coin collector has plenty of options to choose from. Make sure to compare all your options and pick what suits you the most.

How to Buy Gold Coins Online?

2020-09-04T12:43:00-05:00

Thanks to technology, it is now possible to buy gold online. However, it is important that you’re careful during the process so that you get your hands on exactly what you pay for.

Look for dealers with a good reputation. They tend to have websites that elaborately explain what they do. Make it a point to go through the website so that you’re fully aware of who you are dealing with.

We suggest that you choose a dealer who you can sell to when you decide to cash your investment. This will make it easier to convert your gold into cash, otherwise you will have to look around for a buyer.

Since gold is heavily in demand, you will not have a problem in finding a reliable seller, yet it’s important to be careful since scams are common.

Pick an experienced dealer who has been in the game for years, if not decades. New dealers spring when gold business is booming, but they are more prone to forego and leave customers in trouble with the slightest market uncertainty.

Older dealers with thousands of clients won’t do this. One way to pick an established dealer is to look for reviews, their history, and their permanent address. Other than this, look at their credentials and what organizations they’re a part of.

Accessibility is another critical thing to consider. The dealer should be accessible on the phone or other means of communication. Moreover, choose someone who goes the extra mile to provide what you need.

The association developed with a dealer may last years and even decades. Hence, be careful.

How to Buy Gold in the USA?

2020-09-03T15:25:00-05:00

Gold is a renowned commodity across the world and with its large number of dealers and auction agents, the USA is one of the best places to buy gold.

Several types of gold are available in the USA including:

Rare gold including antique pieces. Buying these requires a keen eye and plenty of experience. They’re usually sold in auctions.
Gold bars and bullions. They come in various shapes and sizes. Bullions and bars can be as heavy as 20 ounces or as light as 1 gram.
The USA also offers a diverse range of gold coins from across the globe:
- US Gold Eagle
- Gold Panda
- The Australian Kangaroo
- Maple Leaf coin (Canadian)
- American Gold Buffalo coin
- Gold Philharmonic (Austrian)
- Gold Britannia
- Mexican Libertad

All the types mentioned above represent a sound investment; however, it is prudent to pick a reputable vendor when buying gold in the USA. Be cautious when purchasing gold and consider seeking expert advice if you buy from an auction.

Here are some US gold coins that can be good for investors:

American Eagle 2020 (1/10th ounce)
American Eagle 2020 (1 ounce)
American Liberty 2018 (1/10th ounce)
American Liberty 225th Anniversary Gold coin
Basketball hall of fame 2020

Gold is and will always remain a sound investment.

You can conveniently buy gold in the USA from online brokers, auction stores, and physical stores. The option to buy from overseas mints and dealers is also there; however, you cannot buy directly through the US mint.

Collecting gold is not only an exciting hobby for enthusiasts but also a future-proof investment. Consider this one if you’re looking for a reliable investment for your future.

References:
https://goldprice.org/exchanges/buy-gold-in-united-states
https://catalog.usmint.gov/coins/precious-metal-coins/gold/

Why Should I Buy Gold Coins?

2020-08-21T00:00:00-05:00

There are many benefits that come with purchasing gold coins, especially in this time and economy. Experts seem to agree as well:

In today's volatile financial climate, the value of gold, as compared to other international currencies is bound to soar, said the gold investment advisor for Lear Financial, Kevin DeMeritt.

If if you haven't already invested in the shiny metal, here are some reasons why you should consider doing so:

Benefits of Purchasing Gold

The current situation of the financial world is unstable. This means that currencies can go through drastic changes due to trade issues without any warning whatsoever. During such unsure economic times, gold coins retain their value.

Global trade imbalances as well as volatile oil rates make the market unstable and unpredictable. Despite these uncertain situations, the value of gold remains stable.

In fact, it has reached its highest level during the pandemic, which doesn't really come as a surprise to investors since we know that gold is considered a safe haven during a recession, which is just around the corner.

Other than its obvious stability, a few other benefits of purchasing gold coins include:

Falling Value of Dollar As Opposed to Gold
Most of the gold in the world is bought and sold in USD. Thus, the declining value of the dollar actually increases the value of gold.

The Dollar isn't fully gold-backed. Every day, more and more paper currency is being printed without enough gold backup. The purchasing power of the Dollar is constantly declining and in such times, the only reliable and stable option left is gold.

The USD might suffer even more especially now that China and Russia have decided to stop using the USD for international trade.
Surging Demands for Gold
As mentioned above, the value of paper currency is quickly declining. In addition to this, more and more people are realizing the true value of gold and are rushing to accumulate their own gold.

Many countries including China had previously imposed bans on the purchase of gold. However, with the ban now lifted, it is expected that there will be a surge in the demand for gold.

Considering this, now is the perfect time to accumulate gold as its value is bound to increase with more demand over the coming years.
Easy Storage
A great thing about purchasing gold is how easy it is to store and transport. You can buy gold in the form of bars, coins, and futures.
Gold As A Preserver of Wealth
Like any commodity, gold is prone to a few ups and downs in its value. However, it remains more stable than other options.
Safe Investing Option
A good way to protect your investment is to invest in gold. It might not double overnight like some stocks but it can save you against losses since it isn?t as volatile and unpredictable as other markets.

Conclusion

Other than the benefits mentioned above, collecting gold coins is also a favorite pastime of numerous collectors. There are always new gold coins to add to your collection.

GMRgold’s Bullion Box: What It Is and Why It Makes Perfect Sense

2018-06-17T16:47:00-05:00

GMRgold has an exciting program you’ll want to try if you’re interested in investing in precious metals regularly. The new GMRgold Bullion Box program is easy to understand and easy to start. So, what is it? It’s only one of the most fascinating, no-hassle ways to build your precious metals investments.

What is a GMRgold Bullion Box?

The Bullion Box is GMRgold’s monthly subscription program for anyone interested in adding to their precious metals regularly. All you have to do is sign up, and you’ll receive a Bullion Box every month without taking any further action. You can choose your level of GMRgold Bullion Box, sign up for it, and you’ll be ready to receive the boxes every month like clockwork.

What It Contains

A GMRgold Bullion Box can contain an assortment of precious metals items. You’ll receive items for three main categories:

Gold and silver bullion, bronze and copper pieces
Coins, bars and rounds
Specialty and commemorative items

You won’t know exactly what’s coming until you receive your box, open it up, and unpack it. So, in addition to the benefits of getting high quality pieces and increasing your precious metals investments, you get to experience happy anticipation, thrilling discoveries, and the joy of owning something with intrinsic value.

Who Chooses the Contents

One thing you can be sure of with the GMRgold Bullion Boxes is that the pieces inside are unique, high-quality precious metals that have been carefully chosen by our precious metals experts. Who are these experts? They’re GMRgold’s team of precious metals advisors tasked with the work of finding the gold, silver, bronze, and copper items that can pique your interest as well as provide you with a solid investment that won’t diminish in the long term.

What’s more, our experts use their connections and industry knowledge to fill your boxes from reputable mints and individual collectors and investors. Our goal is always to provide you with treasures you can enjoy and benefit from now and in the future. Most importantly, we work to get you more for every investment you make!

When You Get It

After you sign up for our monthly subscription program, you’ll receive your first box within 2 weeks. Every month after that, you’ll get a new box on the first of the month after your card is charged on the 15th.

What’s the Commitment?

When you sign up for our Bullion Box subscription program, you agree that we’ll charge your card on the 15th of every month and supply a box on the following first of the month. You agree to buy the box every month unless and until you take the required steps to end your commitment.

However, you aren’t agreeing to continue to take the boxes endlessly. Any time you choose, you can cancel your subscription to our Bullion Box program. Just let us know before the 15th of the month, and your card won’t be charged again unless and until you sign up to receive another Bullion Box.

It’s a no-risk commitment, because we’re always here to make sure you get precious metals with intrinsic and collectors’ value. Above all, our goal is to satisfy your needs and interests in the most effective way possible.

If you’re still hesitant to make this easily-reversed decision, you can place a one-time order for a Bullion Box. When you receive your box, you can see what’s inside and decide for yourself whether you want to continue. After a one-time order, you won’t receive any more boxes or be charged again until you say the word.

Subscription Levels

With GMRgold’s monthly precious metals subscription program, you can invest at a level that suits your needs and your budget. Our three standard subscription levels are:

The Basic Bullion Box - $100 per month
The Advanced Bullion Box - $250 per month
The Elite Bullion Box - $500 per month

The pieces chosen for you each month will depend on your subscription level. Yet, even after you choose a subscription level, you can always change it if you like. All you have to do is give us a call and let us know what level you want to invest at now.

What If I Want More?

You aren’t limited to investing $500 in our Bullion Boxes. We can create a custom box at a higher level that works best for you. If you do prefer a custom level box, you just need to call us at 1 (877) 795-9585 to set it up with our precious metals advisors. We’ll provide special handling of your order to ensure you get your custom level Bullion Box promptly and safely.

What Makes the Bullion Box Subscription So Appealing?

Our GMRgold monthly subscription service is an efficient way to add to your precious metals holdings on a regular basis. That might sound a little boring, though. The truth is that the Bullion Box subscription is so much more. It provides a unique experience you’ll appreciate right away and keep enjoying as long as you continue it.

The Thrill of Anticipation

People love to open surprises boxes. Imagine your birthday is coming up. You find out your loved one has ordered something for you. You begin to experience the thrill of anticipations right away as you wonder what exciting gift you will receive. Once you know that box is on its way, you it provides you many moments of pleasant contemplation of what might be inside.

A GMRgold Bullion Box is a gift you give yourself. Unlike most gifts you give yourself, you can surprise yourself with what’s inside your box. Of course, you know it will be some kind of precious metal, but what exactly will it be? Our subscription program is one of the few ways to create that anticipatory experience for yourself.

The Excitement of Discovery

Just as your anticipation reaches its peak, you receive a simple, unadorned box. Yet, you know it contains something you want to know more about. It contains one or more precious metals objects that will only be revealed when you dig into your box.

Because this is a precious metals box, you open it carefully, being sure not to damage the contents hidden inside. When you get to this buried treasure, you take it out and examine it. You answer for yourself questions like:

What precious metal is it?
What kind object do you have here?
What’s its mintmark?
What condition is it in?
Where does it fit in with your current collection?

With each new detail, you get to know your precious metal piece more. You may come up with more questions to research on your own, such as the historical significance of a coin, the history of the mint, or the current market value of the piece. If you can’t find the answers alone, GMRgold’s precious metals experts are happy to help you solve the mysteries.

Value and Variety without Endless Research

If you aren’t a precious metals expert, you would have to do an incredible amount of research to learn about all the coins, bars, and rounds available to you at any given time. Deciding what to buy can feel like a monumental task when you’re doing it with such limited knowledge.

With the GMRgold subscription box, though, our precious metals experts decide what to include based on all the important factors in buying gold and other precious metals. They work to give you coins with value based on their extensive knowledge in the field. Even better, they give you variety by choosing different pieces each month. You’ll still want to do research to find out what you have, of course, but now you won’t have to research every possible option to find your starting point.

No-Hassle Monthly Subscription

Our monthly subscription program takes away the usual hassles of adding to your investment every month. Budgeting for your precious metals purchases become easier, because you already know the exact amount you’ll be spending each month on your GMRgold Bullion Box. You know when your card will be charged and when your box will arrive. You can change it whenever you like. You can cancel your subscription at any time. A quick call when you want to make changes is all it takes to manage your subscription.

It’s Easy to Stick with This Program

Of course, you can always set up your own schedule for investing and complete your own specific orders at the intervals you choose. In fact, many of our customers do just that. However, many people find it much simpler to stick with a regular investment program when all the work of choosing the contents and sending the boxes is taken care of for them. Then, you not only keep up with your investment plan when you have a lot of free time, but you also keep going when you’re too busy to browse our collections. It’s a real time-saver for people who are busy with their career, family, and community.

Benefits of Precious Metals Investing and Collecting

Convenience, reliability, interest, and expert advice are all important benefits of starting a subscription with GMRgold. Don’t lose sight of the most important part of getting a monthly Bullion Box delivered to your door, though. The greatest benefits you receive are the same benefits you get whenever you invest in precious metals. These include:

Intrinsic value – No one person or government creates the value of precious metals simply by printing an amount on them. Instead, the value is based on complex factors in the market, industry, and world situations.
Ongoing demand – There’s an ongoing demand for precious metals. They’re not only desired by investors, but they’re needed for industrial uses such as technology, electronics, electrical service, and medical uses.
Scarce resource – Precious metals are called “precious” because they’re in limited supply. When something is as limited as precious metals, its value naturally increases as long as it’s in demand.
Not controlled by government – Governments create paper money, and they continue to control it by printing more when they choose to. This decreases its value over time. Precious metals, on the other hand, tend to increase in value over time regardless of what happens in government.
Highly liquid investment – Many investments are hard to cash in on, but precious metals can be sold whenever you need to sell them. Because of their intrinsic value and ongoing demand, it’s usually quite easy to find a buyer if you need to sell quickly. For example, if you’ve invested in real estate and need to get out of the investment quickly, you probably won’t be free to hold out for a fair price. Instead, you can choose between selling at a loss or waiting precious months or years for the right buyer to come along. That just isn’t the case with precious metals, which can typically be sold quickly and easily.
Easy to diversify – Investment experts have been warning us to diversify for many decades at the very least. You need to diversify if you want to be in the best possible position in an uncertain future. With precious metals, you can easily diversify by having different metals, like gold, silver, copper, bronze, and others. You can also diversify by having different pieces that hold interest for different types of buyers.
What you buy and own is your business alone – You don’t have to account for your precious metals holdings in the same way you have to account for the paper money you earn at work or receive through other business dealings. What’s yours is your business and yours alone. If you’re concerned about tax issues, you can always talk to our experts to learn more.
Provides a hedge against inflation – As paper money loses value through government manipulation, precious metals hold their value much more effectively. Instead of stockpiling paper money that will almost certainly be worth less in the future, you’re setting aside your money in a form that will likely be just as valuable if not more so years in the future.

How to Get Started

To start our GMRgold Bullion Box subscription program or just try it out with a one-time purchase, just call us at 1 (877) 795-9585 to learn more and set up your plan. Or, you can go online to our monthly subscription page (https://www.gmrgold.com/monthly-subscriptions) to set up your plan online. It’s quick, easy, and incredibly beneficial.

10 oz Generic Silver Bar - More Silver for the Dollar

2016-11-15T00:00:00-06:00

GMRgold is pleased to offer 10 oz. Generic Silver Bars for Silver bullion investors interested in getting the most silver for their dollar. These bars were minted at private mints around the time of the 1979-1980 silver rush. As the buying frenzy ended, production slowed down. Although many of the silver mints closed after the rush was over, these generic Silver bars still exist and now belong to private investors.

Because these Silver bars are generic, their cost over the spot price of Silver is the lowest for Silver bullion on the Precious Metals market. In fact, investing in such silver bars is the least expensive way to buy Silver. Their distinguishing feature, rather than a specific design, is the value of their Silver content.

Because they have no numismatic value, these generic 10 oz. Silver bars are extremely unlikely to see the large price losses and gains that collectible coins typically do. Instead, their value increases steadily with the spot price of Silver. A lasting, stable physical silver investment, these bars will tend to retain their value over the years. They are easy to stack and store, whether in a personal safe or a safe deposit box at a bank.

GMRgold Precious Metals Investment Experts are available to answer your questions about these Generic Silver bars at 1 (877) 795-9585. Whether you would like to buy, sell or trade generic silver bars, GMRgold experts are happy to explain your silver and gold investment options and will always respect your needs as a Precious Metals investor or collector.

1 oz. Palladium Bar, PAMP Suisse .9995 - Stability and Quality

2016-11-15T00:00:00-06:00

The 1 oz. PAMP Suisse .9995 pure palladium bar offers the stability of a precious metals investment along with the high quality of the PAMP Suisse brand and the beauty of the Lady Fortuna design. On all three counts, this particular palladium bar is among the best in the world.

Precious metals have proven over time that they retain their value even in the worst economic disasters. No matter what else happens in the world, it is highly likely that a palladium bar like the PAMP Suisse Lady Fortuna 1 oz. palladium bar will continue to hold the interest of investors who are interested in palladium as a precious metal. Palladium is a very rare precious metal, and bars of the quality PAMP Suisse produces are even rarer.

The quality of precious metals bars from PAMP Suisse is known globally as superior in every way. The Lady Fortuna design is beautiful, intricate and precisely struck in PAMP?s state-or-the-art facility. Every palladium bar coming out of PAMP Suisse has been tested and its assay card signed by an accredited assayer. The .9995 pure palladium content is currently the most pure palladium available in a precious metals bar. For all these reasons, the PAMP Suisse 1 oz. Palladium bar is an extremely popular palladium bar.

GMRgold Precious Metals Investment Experts are knowledgeable in the subject of palladium bars and well familiar with PAMP Suisse products. To learn more about this and other palladium, platinum, silver and gold options, call GMRgold's experts at 1 (877) 795-9585.