Are coins and bullion bars good investments? In today’s post, you will learn what you need to know to make a good decision about whether to sink your money into these popular investments. 

Do you like to buy silver, gold, platinum and rhodium bullion bars and coins?

If you do, you are making a prudent investment choice for these reasons . . .

• You know exactly what you are buying, because they are precisely measured, and issued by governments and reliable companies that are generally trustworthy.

• You can gauge whether your bars and coins are fairly priced, because you can compare their weight to current trading prices. (Note, however, that in most cases bullion bars and coins are sold at prices that are slightly higher than current trading prices.)

• They are convenient investments – easy to buy. Plus, they are packaged in sealed plastic containers that protect them, and which can be easily stored in safety deposit boxes, safes and other secure locations.

• You are all but assured that the precious metals they contain are pure.

• You can enjoy volume discounts, because many dealers will reduce the price per unit if you buy 10, 20, 50 or more at one time.

Okay, those are good reasons. But do they mean that you are making the most profitable investment possible in precious metals if you buy bars and coins? We’ll return to that question in a minute. But first, let’s consider a different question.

Can You Carry Gold Coins and Bullion into the U.S. without Paying Duty? Be Sure to Know U.S. Government Limitations

Let’s say that you have bought some beautiful gold coins or bullion while you have been traveling abroad, and that you want to bring them back with you into the U.S. You might have heard that such items can be freely brought into the U.S. without paying duties.

For decades, people have wanted to know exactly what is being stored at Fort Knox, also known as the Fort Knox Bullion Depository at Fort Knox, Kentucky.

The end of calendar year 2015 is coming up fast, and that means it’s time to think ahead about your IRA and other accounts that will figure when you file your taxes next April. Some people are wondering about putting gold and other precious metals into their IRA accounts. On first thought, that makes sense. Gold prices are low right now, after all, so you’re probably not going to sell gold soon. Why not roll your gold into your IRA and not even think about selling it now?

Have you thought of investing in silver, gold, or platinum bars? If you haven’t, maybe you should. Bullion is one of our favorite precious metal investments. Bullion offers important advantages to serious investors, for a lot of very good reasons . . .