Why Gold Bullion Is Your Best Investment

While stocks and bonds rise and fall depending on company earnings, investing in gold remains one of the most stable purchases you can make.

Gold bullion is the precious metal itself, only the gold is formed into an ingot, bar, or even specific types of coins to buy and sell. Since gold bullion is the material, the value of gold bullion retains its value better than other forms of currency. It’s this price stability and steady value that makes gold bullion the go-to emergency currency for governments and private citizens around the world.

What Determines the Value of Gold?

When it comes to the actual valuation of gold bullion, it’s determined by the purity of the precious metal, as well as the volume found in the bullion itself. The gold market relies on supply and demand to settle the purchase price and the sale price. Gold bullion as a commodity is reliant on the supply and demands of jewelry design and manufacturing, as well as the purchase of physical gold (in the form of bullion, specialized gold coins, or ingots) as a so-called safe haven investment.

What Is Gold Bullion?

Gold bullion is regarded as a reliable investment due to it being viewed as a universal, although finite, currency. Once, bank-backed paper money was linked to gold, with the number of bills printed equaling the amount of gold stored in their vaults. While the majority of modern currencies are what’s called fiat currency (meaning that the value of the currency is backed by the government that issued it), central banks around the globe continue to hold gold bullion in reserve.

The reason for this is that gold has proven to hold its value during tough financial times, such as the 2007—2009 recession. While the S&P 500 index fell over 35 percent, the price of gold increased in comparison, rising to over 25 percent of its previous value. (The S&P 500 is a product by Standard & Poors (S&P), a global rating company. The index is a measurement of the stock performance of 500 of the world’s largest companies.)

Is Gold Bullion An Investment?

As gold is considered a common currency, many investors view buying gold bullion as a form of savings, as opposed to a typical investment. Additionally, the purchase price of investment-grade legal tender coins (which are the specialty gold coins traded on the market) is generally lower than the quoted spot price. The spot price is the value of what’s referred to as spot goods.

The Two Common Types of Commodities

  • Spot Goods: are commodities that are immediately available. This availability means these commodities are immediately ready for delivery to the investor, as opposed to commodities known as futures.

  • Futures: Also known as futures contracts, these commodities are scheduled to come available designated months ahead on the calendar, meaning the investor won’t have access to the commodities until the specified time.

Why You Should Consider Gold Bullion

Gold bullion, gold specialty coins, and gold ingots are on hand and ready to be picked up by the investor. There’s no delay and the investor has their financial insurance in hand.

Purchasing gold bullion is a more reliable way of ensuring your wealth, as well as the wealth of your children, grandchildren, great-grandchildren, and so on. The gold market is regulated and offers different ways to own precious metal, making buying gold easy.

Tips On Buying Gold Bullion, Gold Ingots, or Gold Specialty Coins

When you considering acquiring gold bullion, make sure that you find an accredited, reputable dealer. Many dealers will mark up their gold coin, gold ingot, and gold bullion prices to pass costs along to you, the customer. Thankfully, finding a trustworthy dealer is made easy, especially if you live in the Palm Beaches.

William Youngerman, Inc. has been selling and buying gold bullion and numismatic gold coins for over fifty years. William Youngerman specializes in independent third-party traded coins from the United States and around the world. As a noted member of several local associations, as well as state and national organizations dedicated to safeguarding the trade of gold, the team at William Youngerman maintains superior levels of integrity, customer service, industry knowledge, and timely payments.

When dealing with the experts at William Youngerman — including the founder, Bill Youngerman — you can be assured that your gold is fairly priced and of high quality. Learn more about the gold bullion available by visiting the William Youngerman showroom in >Boca Raton today.

You can also call William Youngerman toll-free at 1-800-327-5000 or use the convenient, online form to reach out with any questions you might have.

What’s The Difference Between Gold and Silver Bullion Coins and Numismatic Coins?

Those who are new to coin collecting, as a hobby, as an investment, or both, may be unfamiliar with the terms bullion and numismatic and their meanings when it comes to coins. The specialists at William Youngerman, Inc. are always at the ready to share their years of training and experience to help newcomers and veterans alike learn more about the trade of coins.

What Is Gold and Silver Bullion?

To those well outside the world of buying and selling rare coins, the word bullion may evoke images of gleaming bars of pure gold or silver stockpiled in a heavily guarded military base. When it comes to coin collecting, gold and silver bullion coins are a literal, tangible asset the same as money. In this sense, they are similar to those ingots in that there is an everlasting value based on the market value of the precious metal itself.

In fact, bullion has its own global market for trading — New York, Zurich, and Tokyo have bullion markets, with the largest market being in London. The gold and silver bullion market is only one of the ways that gold and silver can be invested in. It is also generally considered to be a so-called hedge or safe-haven investment against inflation as it historically maintains its value over time (though it should be noted that safe havens can change from one period of market volatility to the next).

What Are Numismatic Coins?

Where gold and silver bullion have actual value, numismatic coins are either rare coins or purely collectible coins based on different criteria. In many instances, numismatic coins aren’t valuable outside of the actual value of any gold or silver content found in the coin itself. The word numismatics is defined as, “the study of collection of coins, tokens, and paper money”*. So, in short, while gold and silver bullion coins are collected both as a hobby and an investment, numismatic coins are generally collected as a hobby.

Want to Get Started with Bullion or Numismatic Coins?

Are you looking to get started with gold and silver bullion coins? Do you need expert advice and guidance with market insights and suggestions as to which coin is right for you? Or are you more of a hobbyist who already has a set of coins, or perhaps has inherited some coins, and is in need of an appraisal? The experienced, professional coin dealers at William Youngerman, Inc. have a variety of services available for your collecting and investing needs. Call us toll-free at 1-800-327-5010 or contact us via our easy-to-use online form.

3 Reasons Why You Should Start Collecting Coins

A hobby is a regular activity done for enjoyment, typically during one’s leisure time. Collecting coins can become the hobby of a lifetime when you discover the various benefits it can offer. You can make money with this hobby by collecting coins that hold a great market value. This is one of many key benefits that aren’t offered with other hobbies. If you think about it,  collecting coins is more than a hobby, it an investment that offers a variety of benefits.

Your Coin Collection Grows Valuable Over Time

The hobby of coin collecting is a very efficient utilization of your spare time. It lets you indulge in something creative rather than wasting your valuable time. But your coin collection can definitely turn into a source of income for you. You can earn money from a coin by Selling your rare coins to local coin dealers such as William Youngerman. William Youngerman is always looking out for rare and good condition coins. You can fulfill their demands for such unique coins and earn handsome cash too!

Opportunities to Purchase Different Coins

Coin collecting is different from other hobbies because it gives you a large number of coins to collect and choose from. If you are looking for the best coins to collect look no further, William Youngerman provides the best coins. From United States Gold Eagle to Viet Nan Tien we sell coins from a variety of places around the world. William Youngerman is your one-stop shop for rare and gold coins.

Are you ready to start collecting coins?

Collecting can be both rewarding and profitable ventures. To meet our expert coin dealers and get started, schedule an appointment with William Youngerman Inc today! We’re also more than happy to help determine the value of your current coin collection. We offer flexible hours for appointments with both weekends and evening time slots available.

What Is The Gold Standard History?

The gold standard history dates back to the 17th century, but the use of gold has played a key role in history for over 5,000 years. The gold standard was a monetary system where the value of a country’s currency or paper money was directly linked to gold. Even though the gold standard is no longer used, we still use gold as a means for investing and collecting.

The gold coin dealers at William Youngerman understand gold’s intrinsic value. Due to its scarcity, high density, diversification and inherent value, gold is by far the most important heavy metal and that is why we are dedicated to providing our professional advice when it comes to buying and selling gold coins. We have over 50 years of experience helping investors and avid coin collectors diversify their investments and add to their coin collections.

The Gold Standard History

Around 700 B.C., gold was officially made into coins for the first time. Between 1696 and 1812, the development and regulation of the gold standard began as the introduction of paper money caused some issues. Unlike paper money, the gold standard allowed a country to set a fixed price for gold, as well as buy and sell at that price. That fixed price was also used to determine the value of a country’s currency. This helped to prevent and avoid inflation and deflation. For decades before World War I, gold was used as payment between countries in international trade deals.

Currently, the gold standard is not used by any country or government. During the Great Depression, all Americans were forced to convert their gold coins, gold bullion, and certificates into U.S. dollars. The United States stopped using the gold standard in 1933, a few years after Great Britain. The gold standard was instead replaced by fiat money, a term used to describe a currency that is used because of a government’s order that is must be accepted as a form of payment. With a fiat monetary system, the value of a currency is not based on a physical commodity but is instead allowed to fluctuate against other foreign currencies.

Modern Day Use Of Gold

Today, the price of gold is determined by the demand for the metal and still serves an important function. Gold is a major financial asset for countries and central banks. This precious metal helps banks hedge against loans made to their government, and is also used as an indicator of economic health. Gold is also used by many investors as an asset that helps to diversify investment portfolios. As true money, it will always be the true backbone of the financial system.

Gold Coin Dealers In Boca Raton

If you are wanting to begin investing in gold then contact William Youngerman for the best prices of gold coins, precious metals, and even rare paper currencies. As the top gold coin dealers in Boca Raton, we understand the importance of investing in gold in order to solidify an investment portfolio. We buy and sell gold coins and bullion, and gold collections from around the world. Call us now at 1-800-327-5010 to learn more about gold coin collecting tips or gold investing opportunities.

Investing In Gold Vs Paper Money

 

When it comes to investing in gold vs. paper money, there are many factors to consider. The knowledgeable professionals at William Youngerman help clients diversify their portfolios of gold, silver, rare coins and collectibles.

Buying and selling gold can provide a means of holding value in times of economic downturn. Investing in paper currency can offer flexibility and familiarity.

Buying And Selling Gold

For centuries, gold has been seen as an asset with true inherent value. Due to its scarcity, gold has preserved its purchasing power and demand over long periods of time. This has also allowed gold to maintain its stability through fluctuating interests rates across global economies.

Gold is typically used as a tool for diversification in investment portfolios. This precious metal also acts as a hedge against inflation. Investing in gold can provide long-term stability and efficiency for storing wealth.

Investing In Paper Money

One of the benefits of paper money is that it is flexible. If there is a future investment opportunity, cash is more readily available for an exchange, allowing investors to take an immediate advantage.

The downside to investing in paper currency is that it can be an uncertain and at times volatile asset. Paper currency can be devalued overnight due to its availability and the constant printing of more notes. This fact alone has decreased the purchasing power of paper currency over the years.

There are many benefits to investing in gold and paper currencies. Nowadays, many investors chose to safeguard their wealth and investments with reserves of both cash and gold. At William Youngerman, we provide opportunities to invest in both gold and paper money. Our knowledgeable staff specializes in buying and selling gold along with fiat currency like coins and paper money. If you are looking to invest in either gold or paper or both, then call the experts at William Youngerman at 800-327-5010.

Is Gold A Good Investment?

 

As people are looking for concrete ways to invest, the age-old question comes up: is gold a good investment in today’s economy? The professionals at William Youngerman have been helping individuals buy and sell gold for over 50 years. Gold is a solid, tangible, long-term asset that has traditionally maintained its value throughout the years. Buying and selling gold coins, bars and bullion is still a popular and steadfast way of investing in the gold market.

A Brief History Of Gold

 

The use of gold started with the Egyptians who would use it to make jewelry. Then came the creation of gold coins stamped with a seal and used as currency in 560 BC. Eventually, gold became a symbol of wealth throughout Europe, Asia, Africa, and the Americas. Many countries used gold or silver to back their currencies. In the 1900s, gold was eventually transitioned out of the monetary system.

Why Is Gold A Good Investment

 

Even though gold is no longer involved in everyday monetary transactions, it is still important to the global economy. Gold has held its value throughout the decades and has served as a hedge against rising inflation. It has also been seen as a safe investment in times of political and economic uncertainty.

Gold is an asset with various deep-seated qualities that make it unique and necessary for investors to have in their portfolios. Investors generally buy gold as a way to diversify their investments since it is not related to stocks, bonds, and real estate.

Selling And Buying Gold Coins

 

Gold is by far the most popular investment previous metal and there are many different ways to invest in the gold market. One of the easiest and more readily accessible ways to attain gold is through buying and selling gold coins and gold bars.

The gold coin dealers at William Youngerman understand how valuable it is to have a hard asset like gold in an investment portfolio. We specialize in buying and selling gold coins and gold and silver bullion. If you are looking to diversify your portfolio and invest in the gold market, give us a call at 1-800-327-5010.