Gold Price Comparison: Which Bars and Which Coins to Buy?
If you want to trade physical gold, you should find out about the quantity, size and costs in advance. In the gold price comparison of investment products of the same weight, bars usually perform better than coins. That’s because producing bullion is slightly cheaper than producing coins.
Basically, the larger the piece of gold, the cheaper the production surcharges are in relation to it. The cost of casting a large ingot is comparable to that of a small ingot. Because coins are minted and are significantly smaller than standard bars, production costs are slightly higher. The stackable ingots are also cheaper to store.
Our recommendation: As a pure gold investment, it is best to buy large bars, these are relatively cheaper than bullion coins. If, on the other hand, you also want to speculate on the performance of the Krugerrand, Vienna Philharmonic and Co. – regardless of the pure value of the precious metal – then the fees play a subordinate role.
In the following we will explain how the Krugerrand, Vienna Philharmonic, Maple Leaf and Co. differ, in which coin you should best invest and what bullion coins actually are.
Another note: Precious metals are tax-free in the European Union, at least in physical form. So buyers of real Aurum save on VAT of 19 percent and the withholding tax that is incurred, for example, on profits from the sale of shares. In order to avoid tax, it is imperative that you own your gold for at least a year.