#BETTER TO BUY SILVER COINS OR BARS SERIAL#

There are many unique designs on coins out there, and mints regularly release limited-edition commemorative bullion coins that will make an interesting addition to any collection.īars often have lower manufacturing costs, and they can be cheaper to purchase per ounce. Internationally recognized for its high gold purity and security measures that make coins easy to authenticate, they have broad appeal and one of the readiest markets when you want to sell.Ĭollectors and those who want their gold to have something unique about it will also appreciate coins sourced from around the world. When you’re buying gold in Canada, you have access to one of the most reputable bullion coins in the world, the Canadian Maple Leaf. Which One Should You Buy?īoth bars and coins are excellent options for investors. Minted gold bars have a sharper, more finished appearance, whereas cast bars look a bit rougher and have a hand poured finish and look to them.

#BETTER TO BUY SILVER COINS OR BARS SERIAL#

Instead, you’ll find just essential information, usually the name of the manufacturer, a logo, the bar’s weight, the gold purity, and a serial number.īars can either be minted or cast. You won’t find any heads of state or unique designs on these products.

Gold bars can be produced either by mints or refiners like Valcambi and PAMP Suisse. Rounds are effectively the same as gold bars in a different shape. Coin-shaped gold from a private refiner is referred to as a round. But coins do have a face value, just like the change in your pocket, though it rarely has much to do with the gold content.Ĭoins can only be made by a sovereign mint such as the US Mint or Royal Canadian Mint. Nor would you necessarily want to with gold or silver coins (as the face value is significantly less than the precious metal value). That doesn’t mean you’ll be able to exchange it for cash at the bank or buy anything with it, as retailers don’t have to accept non-circulating tender. A gold coin is actually legal tender in the country where it’s made. What’s the definition of a coin? It’s not just a round shape. But if you’re still learning about investing in gold and silver, this guide to Canadian bullion will help you decide between gold coins vs gold bars, silver coins vs silver bars, and more. If you’re familiar with the bullion market, the abundance of choices makes it easy to find the perfect bullion product for your goals. There are coins from sovereign mints all around the world, a diverse selection of bullion bars from mints and private refiners, and different ways to acquire varying weights of gold and silver.

There are plenty of options when you buy bullion.

Better to buy silver coins or bars