A big thank you to today's sponsor: The Germania Mint
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What’s the difference between gold bars and gold coins?
A gold bar is, put simply, a lump of metal. Well, it is perhaps slightly more refined than that - it’s usually minted into a neat cuboid shape, with the weight and purity of the equivalent gold content inscribed onto the surface. This is desirable for those investors who want the gold for its inherent value rather than because its minted in a certain way or takes a certain form.
A gold coin however has a certain premium value associated with the fact that it is in many cases also legal tender, as well as the historical and traditional value of coinage that many people hold in very high esteem. Indeed many gold coins that are still traded today were once circulating currency.
Please note - this video is not financial or tax advice. Any financial decisions you make having watched this video are yours and yours alone.
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