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Author Topic: GOLDMONEY VS. COINS & BARS  (Read 178 times)

FXshooting

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GOLDMONEY VS. COINS & BARS
« on: June 22, 2018, 02:52:55 am »

GOLDMONEY VS. COINS & BARS


Owning gold in smaller physical units such as coins and small bars generally results in paying 7-10% above the price paid at Goldmoney.

Dealers also tend to offer buybacks at a discount of about 2-3%. Prices can be reliably compared against the published spot price.

Although storing coins and small bars at home is free, it isn’t advisable and any sizeable amount would require insurance. Generally, insurance for homeowners on gold amounts to 1-2% a year of its value.

As a Goldmoney client, you benefit from our access to wholesale insurance prices (as little as 0.12% for gold), which we include in our storage fees.

For those who are not concerned with the higher fees, Goldmoney offers clients the ability to redeem their metal value into coins and bars through our subsidiary Schiff Gold, a joint venture between Goldmoney Inc. and legendary gold investor Peter Schiff.

When you are ready to convert your precious metals balance into coins or bars, simply follow the process from your Goldmoney Holding. Schiff Gold representatives can call or email you to help guide you through the selection and delivery of coins and bars.

If you have old bars or coins you wish to sell, Schiff Gold can also arrange to buy your existing coins and bars and fund your Goldmoney Holding with the proceeds of your sale(s).

Call a Schiff Gold representative today at 1.888.GOLD.160 (1.888.465.3160) or visit SchiffGold.com.
www.goldmoney.com/holding-vs-etfs-and-coins


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« Last Edit: July 01, 2018, 06:33:49 am by FXshooting »
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