If you are interested in investing in gold coins, then first and foremost you need to be able to determine which gold coin companies are the best. There is so much information available that it can get really confusing. Luckily I have discovered a free gold detecting course that should help you out. This is by far the best way to determine which gold coin companies are legit and which ones are not.
Gold Coin Companies
The method involved involves a couple of different methods but they all basically involve scouring the internet for gold coin companies and their websites trying to find out what kind of info you can get on them.
This is what I was doing a couple of months ago when I first started trying to find out which gold coin companies were legit. It wasn’t very effective because all I was looking for was spot price gold ira companies. The spot price is basically when you take the price of a gold coin in current market conditions and compare it to the price that was paid for the coin back when it was manufactured. If the coin company has the cash to cover those costs, then you know they are legit and have the gold coin inventory they say they do.
But this is just a starting point. It doesn’t even matter if they can pay for their gold because if they can’t pay for their own costs, then how do you expect them to pay anyone else? That means no one can really tell you the gold price until they actually see it and when you finally do see it, then you already know it is significantly higher than what you thought it was. If you are like me, then you are ready to invest right away because you don’t have the patience to keep going through this tedious process anymore.
Let’s get started on this great little guide. The method involves heading over to some web pages that have reviews on different companies. Then sift through all the reviews to see which of them actually have experience in handling the coins in question. Make sure the reviewers are a legit part of the coin communities so that you don’t get taken advantage of by one of these coin-producing companies. This is one step that I take religiously and it only takes me a few minutes of my time every day.
After finding a few legitimate places to get your gold from, head to the site and buy what you need. Make sure you know exactly what you want and what the gold pieces look like as well as the condition they are in. Read up on the company and its history. This will help you pick the right company to work within the long run. If you are still unsure, then you can head back to the gold review pages and read a little bit more about the company and the products they sell.
You can’t make sense of the information on the gold review pages though if you don’t take the time to look at the products themselves. Most of these companies are respectable and sell good stuff. There are some minor scam accusations out there but the vast majority of the sites out there are legit. All you have to do is pick a gold coin company that you feel comfortable working with. The whole process should take a matter of seconds and honestly, that’s all it really takes.