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How can I buy gold coins in USA?

How can I buy gold coins in USA?

You can buy gold coins through dealers, pawnshops and individual sellers that you trust. If you choose to buy your gold coins online, make sure to go through a dealer listed in the U.S. Mint’s database.

Is it legal to own gold coins in the US?

Yes, in this country, from 1933 to 1974 it was illegal for U.S. citizens to own gold in the form of gold bullion, without a special license. On January 1, 1975, these restrictions were lifted and gold can now be freely held in the U. S. without any licensing or restrictions of any kind.

Can I buy gold from the US Mint?

Produced and sold for collectors, gold coins produced by the U.S. Mint are beautiful pieces of art in precious metal. Visit the Bullion Dealer Locator to locate a dealer – bullion coins are not sold directly by the U.S. Mint.

What is the best way to buy gold coins?

In general, the best way to buy gold is either through a trusted local coin shop or a reputable online dealer. Gold shows typically deal more in numismatic, or collector coins, which have high markups, are illiquid, and are valued based more on rarity or historical significance than gold content.

What is the best gold coin to purchase?

Stick with North American coins. The Canadian Maple Leaf and American Eagle gold bullion coins are the easiest to buy and sell. Outside the U.S., the 24-karat Maple Leaf rules; inside, the 22-karat Eagle. “And the Eagle’s gold content and purity is guaranteed by the U.S. Mint,” Mladjenovic says.

Is it good investment to buy gold coins?

If your main purpose is to buy gold bullion as an investment, my recommendation is that you don’t buy gold coins. You will be better off to invest in generic gold bullion ingots and bars. Dealers sell these gold investment bars for a slight premium over spot price.

Where should I buy gold coins?

You can buy gold coins in a number of ways. Online sites like eBay are popular choices and occasionally you can get a good deal. However, it is usually simpler and cheaper to buy gold coins from an established jewelry or coin dealer, or directly from a producing mint such as the U.S. Mint.