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Importance of Gold Coins
Gold tends to go up when other investments decline, providing a stabilizing effect for your portfolio. Gold is a safeguard against inflation. You don’t have to pay capital gains tax until you sell. Nobody must know you have it — if that matters to you.To this day, gold coins represent the ultimate form of money; their value is inherent and is never related to any other asset or government fiat. Furthermore, gold coins are now the most liquid, divisible and most accepted form of gold bullion in the world.
Advantages to buying gold coins
Gold and other hard metals have always been a time-honored part of traditional investment plans. Here’s why:
- Gold tends to go up when other investments decline, providing a stabilizing effect for your portfolio.
- Gold is a safeguard against inflation.
- You don’t have to pay capital gains tax until you sell.
- Nobody must know you have it — if that matters to you.
- In worst-case financial scenarios, such as massive currency devaluation, you can use gold and silver to buy and sell. That may sound crazy, but it has happened in other countries.
BIS certification/Hallmarking
A hallmark or trademark is a purity certification of the gold coins and gold articles in accordance with the Indian Standard specifications. Gold is evaluated and tested at an official hallmarking centre and then certified that the metals used meets the national and international standards of purity and fineness. Gold that is not accredited by BIS (Bureau of Indian Standard) may not be the real deal. Certified gold coins could save you lots of efforts and time in trying to authenticate the gold coin as the quality test is thoroughly conducted for recognition.
