Bullion Junkie

Gold is an international trading currency and therefore, gold can be purchased from anywhere in the world. Gold bullions can be bought from gold dealers, mints, foundries as well as from private individuals such as auctions or private sale. Regardless of where you are in the world, the same basic principles apply to buying gold bullions. If you follow the basic principles I have outlined below, you will ensure yourself that you are getting the best deal and the best gold for your investment capital.

1. Try to buy the biggest gold bullion or bullions you can afford. Bigger gold bullions have smaller premiums to be paid out per ounce of gold purchased. This in turn lowers your per ounce gold purchase price.
2. Always pick from well-established or accredited gold dealers and mints. You want to ensure that your gold seller has a reputation of selling top quality gold and this will in turn ensure that the purity of your gold bullions are certified.
3. Check with the gold dealer to inquire about shipping costs and insurance coverages included with the delivery costs. The insurance cost should cover the full replacement value of the gold bullion purchased in case of loss, theft, or damage.
4. Perform due diligence on your gold dealer or private seller to understand their business history and background. Ensure that they are accreddited, are easily contacted, and have references available should you wish to contact them. Afterall, buying gold is no kids' play.
5. This falls in line with the last principle. It is extremely safe and secure to buy gold bullions from eBay. eBay is now becoming the hotest market to buy, sell, and trade gold bullions. However, you still want to do your research on the product being sold and bid only on items being sold by reputable sellers. Check each seller's rating and feedback and never bid on items from dealers with very little history of selling gold bullions.
6. Do yourself a favor and understand the gold bullion investment market.  You would not invest in the stock market without doing any research first and you want to uphold the same practice in gold investment. Learn about where gold comes from, how they are produced, understand the terminologies, and learn the history and lineage of the mints that interest you. Also try to learn all aspects of the properties of gold including weights, fineness and purity.

Just like any other investment, taking the time to understand the intricacies of investing in gold will help you become a smarter and more successful gold investor. Happy investing!