Bullion and Coin Exchange Gives Pointers on How to Invest in Precious Metals

NEW YORK (Sept 25)  There are many advantages to investing in the precious metals market, especially in a fickle economy such as today’s. Buying gold and silver bullion provides diversification, stability, and liquidity: three key factors for any worthy investment. But before taking the plunge, savvy new investors to the gold and silver market should consider this advice from Mesa’s Bullion & Coin Exchange:

Research. Learn about the different types of bullion and their price. Prices fluctuate daily depending on the price of gold and silver in the world markets. Get accurate spot pricing at websites such as http://www.gold-eagle.com or http://www.monex.com.

Consider additional costs. When purchasing bullion or coins, there will be additional costs for insurance and storage fees (such as a safe deposit box or off-site storage). These costs need to be factored into the investment.

Purchase from a certified vendor. Unfortunately, the allure of gold and silver can attract unreliable vendors who do not have an investor’s best interest at heart. It is best to purchase from a dealer who is certified from the U.S. Mint. Use the U.S. Mint’s dealer locater at http://www.usmint.gov.