Gold Bullion collecting goes Couture? The Info on Investing in Bullion.
While researching this topic, I stumbled upon a blog where Jean Paul Gaultier has designed his own bullion bar. Take a look!
http://www.bullionstreet.com/news/jean-paul-gaultier-introduces-1850-designer-gold-bars/875
As a society, our love of gold shows no sign of stopping. Bullion dealers have sold coins, gold bars and Krugerrands by the bucket load. Contrarily, people have invested in gold exchange-for cash in record numbers also, which I have seen personally in my own store. A number of websites have joined the gold rush, offering to take unwanted gold jewelery off your hands for cash. I also asked myself, which is the best way to make a profit out of gold?
There is a huge range of methods to choose from. One can buy actual gold in one form or another, jewelry, bars, coins... while others don’t require you to build your own vault. This is what I needed to research.
Bullion coins are legal tender in which country they are issued. The market value of bullion coins is determined by the value of their gold content, plus a premium that varies between dealers. Many make the mistake of confusing bullion coins with collector's coins. Their value depends on rarity, design AND finish, not just their gold content alone. When you own physical gold yourself there is no risk involved, no other parties.
Buying gold jewellery for investment purposes is common in the Middle East and much of Asia. Jewelery used primarily for investment purposes is because, unlike the US, the caratage of the gold is higer, usually 22 or 24K. While jewelry does have a good correlation to gold price and it easy to buy and sell, it might be linked more to the fashion trends then then content value.
I hope this cleared some questions up for everyone as it did for myself. That JPG bullion bar is pretty brilliant though. Haute couture gold. What next??
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