In buying and selling bullion, the spot price for gold is the basis for all pricing.
In most cases, the final price is determined by the spot price plus the product premium.
Partly due to the US confiscating all gold currency in the 1930s, gold isn't available in 'junk' form. Older gold coins are relatively rare, and higher premiums.
There's a good chance that people who have limited capital may not be able to invest as much in gold bullion as they would like. If so, then they should stick to cheaper gold bullion products with lower premiums over spot. It offers a solid appreciation over time. This is the best hedge against inflation and is recommended by financial advisors.
Private mints generally strike gold bullion rounds, which are flat, disk-shaped pieces worth close to their melt value, and they're a popular investment because they're relatively inexpensive.
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