Introduction to Gold Bullion Coins
Gold bullion coins are a popular investment option due to their high value and stability. These coins are made of pure gold and are recognized worldwide for their purity, weight, and content. Here is an informative list providing details about introducing gold bullion coins.
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Definition – Gold bullion coins are high-value investment options made of pure gold
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Purity – Their purity level ranges from 91.6% to 99.99%
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Weight – Their weights generally range between one-tenth of an ounce to one ounce
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Content – The gold content in these coins varies depending on their weight
In addition, gold bullion coins also have aesthetic value, as they often feature intricate designs that depict various symbols or historical figures. With their inherent worth and often beautiful methods, gold bullion coins have proven excellent assets for portfolio diversification. In fact, gold bullion coin prices may fluctuate based on global economic conditions. According to the World Gold Council, the cost of official gold bullion coins can be influenced by inflation, geopolitical tensions, and interest rates.
Factors Affecting the Price of Gold Bullion Coins
The price of Gold Bullion Coins depends on various factors that influence its demand and supply in the market. Understanding these factors is crucial for investors who want to trade in Gold Bullion Coins.
Gold Bullion Coin prices are affected by the currency exchange rate, inflation, supply and demand, geopolitical events, and market volatility. The coin’s weight, purity, and origin can also affect its price. A list demonstrating the impact of each factor can be found below:
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Currency exchange rate – Negative
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Inflation – Positive
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Supply and demand – Positive
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Geopolitical events – Positive
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Market volatility – Positive
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Weight – Positive
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Purity – Positive
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Origin – Positive
The price of Gold Bullion Coins can also be affected by market trends and investor sentiment. For example, a sudden increase in demand for Gold Bullion Coins due to a market crisis or political turmoil can cause the price to rise rapidly. Similarly, investors may turn to Gold Bullion Coins as a safe haven investment if they lose confidence in the economy or a particular currency.
Investors looking to trade in Gold Bullion Coins should monitor market trends and consider factors affecting the price. Maintaining a diverse investment portfolio that includes various investment vehicles such as stocks, bonds, and real estate can also help mitigate risk. Additionally, seeking the advice of a financial advisor can provide valuable insights into the current market conditions and risk management strategies.
Market Demand and Supply
Amidst the factors affecting gold bullion coins’ price, the interplay between market supply and demand is crucial. The shifting buyer preferences and global economic conditions impact supply and demand dynamics.
The following list showcases the rising or falling demand and supply effects on gold bullion coins.
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High Demand, High Supply – Stable Prices
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High Demand, Low Supply – High Prices
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Low Demand, High Supply – Low Prices
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Low Demand, Low Supply – Moderate Prices
Gold prices are affected by changing market conditions. For instance, high consumer demand resulted in record-breaking sales for American Eagle gold bullion coins 2020 worth $2.29 billion. Political instability and inflation can also add to gold’s demand-supply equation.
Experts believe China is critical in determining global gold prices due to its massive consumption rate. In addition, the global pandemic has caused significant disruptions in supply chains that have affected production activities, causing an imbalance in price trends.
Lastly, investors seeking protection against economic downturns often turn to gold investment options to diversify their portfolios. During recessionary periods like the Global Financial Crisis of 2008/2009 or the COVID-19 pandemic lockdowns, over one-third of retail investors showed interest in buying physical gold.
Gold Spot Price
The cost of gold bullion coins is affected by many factors, one of which is the current market value of gold, also known as the spot price. This price fluctuates throughout the day due to various economic and geopolitical factors.
Beyond external influences, individual coin characteristics such as rarity and condition also play a role in determining its value. For example, coins with historical significance or those from limited runs may command a higher premium than their generic counterparts.
To maximize investment returns, buyers must research dealers and sources before purchasing. Additionally, seeking coins certified by reputable grading services can help ensure authenticity and prevent fraud.
Rarity and Condition of the Coin
The uniqueness and quality of the coin are vital factors that influence its value in the market. The rarity and condition of the coin play a significant role in determining its price as collectors and investors seek out unique, well-maintained pieces for their collections or portfolios.
The rarity of a coin dictates how available it is to collectors and investors. A rare coin, such as one with a limited mintage only produced during a specific period, will typically command a higher value due to scarcity. Additionally, the condition of the coin can significantly impact its worth. Well-preserved coins, free from damage and wear and tear, will usually sell for more than coins that have been poorly maintained.
It is interesting to note that some coins increase in value over time, not because they are rare but due to their historical significance. For example, some commemorative coins were created to mark important events such as royal weddings or national celebrations. These coins may not be rare, but their connection to history makes them valuable.
A true historical example related to this topic would be the famous 1933 Double Eagle Gold Coin, minted initially but never released into circulation due to concerns regarding hoarding during the Great Depression. However, one coin somehow ended up in private hands and was later seized by authorities. It became one of the most famous coins in American numismatics history, and its rarity (and controversy) drove up its selling price at auction beyond belief.
Minting Year and History
Minting Year and Historical Significance play a crucial role in determining the value of gold bullion coins. The age of a coin, its rarity, and its historical importance can significantly impact its worth. Let’s take a closer look at how these factors affect the price of gold coins.
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1787 – The Brasher Doubloon, minted by Ephraim Brasher himself, is one of the earliest American gold coins.
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1933 – The double eagle from this year is considered rare due to its recall by President Roosevelt
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2019 – The United States Mint issued the Apollo 11 commemorative coin in honor of the first Moon landing, making it historically significant.
Unique features like the engraver’s initial markings or specific design elements can increase value. Additionally, vintage and antique collectors may pay a premium for coins with individual historical associations or those used in well-known events.
Pro Tip: When purchasing gold bullion coins, constantly research their history and minting date. It can help you determine if they are worth their asking price or even more valuable than you initially thought.
Types of Gold Bullion Coins and Their Price Range
Gold bullion coins are a valuable investment option for individuals looking to diversify their portfolios and safeguard their assets. These coins come in different types, each with a unique price range based on weight, purity, and rarity.
To provide a comprehensive view of the price ranges of different types of gold bullion coins, the following list displays an estimate of the current market value of commonly traded currencies:
American Gold Eagle (1 oz)
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Purity – 91.67%
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Price Range (USD) – $1,800 – $2,000
Canadian Gold Maple Leaf (1 oz)
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Purity – 99.99%
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Price Range (USD) – $1,750 – $1,900
South African Krugerrand (1 oz)
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Purity – 91.67%
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Price Range (USD) – $1,750 – $1,900
Austrian Gold Philharmonic (1 oz)
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Purity – 99.99%
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Price Range (USD) – $1,750 – $1,900
British Gold Britannia (1 oz)
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Purity – 99.99%
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Price Range (USD) – $1,750 – $1,900
Investors can select a gold bullion coin that aligns with their budget and investment strategy while considering the price range of each coin type.
It is essential to note that gold bullion coins also possess cultural significance, adding to their value over time. For example, the South African Krugerrand, released in 1967, symbolizes the country’s fight against apartheid. In contrast, the American Gold Eagle’s design represents the country’s freedom and liberty.
Don’t miss out on the opportunity to invest in gold bullion coins, as the prices of these coins may continue to rise with increasing demand and limited supply. Take advantage of this promising investment option while safeguarding your hard-earned assets.
American Gold Eagles
Here’s an estimated breakdown of the prices for American Gold Eagles:
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1 oz – $2,000 – $2,100
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1/2 oz – $1,050 – $1,100
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1/4 oz – $540 – $590
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1/10 oz – $230 – $270
Besides their high liquidity and popularity, American Gold Eagles also have considerable collectible value. They also have a reeded edge which provides additional security against counterfeiting.
As an investor or collector looking to purchase American Gold Eagles, it is advisable to buy gold coins from reputable coin dealers or brokers to ensure authenticity. Additionally, it is better to buy larger coins considering their lower premium than smaller-sized coins.
Investing in American Gold Eagles can provide a hedge against turbulent economic conditions and inflation. It is essential to conduct thorough research and understand your investment goals before making any purchases.
Canadian Gold Maples
One popular choice for those interested in purchasing Gold Bullion Coins is the North American Canadian Gold Maple. A 1 oz Canadian Gold Maple with a purity level of .9999 would cost between $1,750-$2,000.
The Canadian Gold Maple has unique features, such as technology, resulting in high-quality security details. These coins also have a face-value denomination that adds extra legitimacy to their status as legal tender.
According to the Royal Canadian Mint, over 25 million ounces of Canadian Gold Maples have been sold globally since its inception in 1979.
The Canadian Gold Maple is a well-recognized investment choice among gold bullion coins known for its high-quality standards and exceptional security features.
South African Krugerrands
Krugerrands, the South African gold bullion coins, are among the oldest and most popular investment options. The gold Krugerrand coin is made of 22-karat gold and weighs 1 oz. They feature the image of Paul Kruger, South Africa’s first president. Below is a list showcasing their estimated price range:
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1967-1969 (1 oz) – $1,900-$2,500
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1970-1983 (1 oz) – $1,900-$2,500
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2000-present (1/10 oz to 1 oz) – $215-$2,200
Interestingly, due to political unrest, South African Krugerrands were unavailable for import from 1985-1991. Western nations did not realize that the ban had been lifted, so it took a while for the coins to enter the market again.
Pro Tip: If you plan to invest in these coins for their numismatic value and pure gold content alone, make sure you buy them from a reputable dealer who provides certification of authenticity.
Australian Gold Kangaroos
For those interested in investing or collecting 99.99% Australian Gold Kangaroos, below is a list showcasing their estimated price range:
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2021 (1 oz) – $1,870 – $2,000
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2021 (1/2 oz) – $950 – $1,030
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2020 (1/4 oz) – $560 – $600
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2019 (1/10 oz) – $215 – $240
Apart from its design and gold purity level, Australian Gold Kangaroos are also eligible for use in Individual Retirement Accounts (IRAs). This ensures tax-free growth on your investment until you withdraw it during retirement. If you’re considering investing in gold bullion coins or adding to your coin collection, now is the time to take action.
Don’t let the fear of missing out prevent you from making a wise choice for your financial future. Consider purchasing Australian Gold Kangaroos and diversify your portfolio today with Accurate Precious Metals.
Chinese Gold Pandas
For collectors and investors alike, investing in bullion coins is a great way to diversify one’s portfolio. The Chinese Gold Pandas, also known as Golden Pandas, are highly sought after due to their unique design and high purity—a 2019 1 oz. Gold Panda has a denomination of approximately ¥500, weighs 31.1 grams, and has an average price range of $1,900 – USD 2,100.
What makes these coins unique is that their design changes each year. The obverse side always features the Temple of Heaven in Beijing, while the reverse side showcases different images of pandas in their natural habitat yearly. This yearly change creates a sense of exclusivity and collectibility for investors.
For those interested in purchasing Chinese Gold Pandas, it is essential to consider buying from reputable dealers and checking for authenticity. Purchasing coins in bulk or larger quantities is also advisable to take advantage of potential discounts and reduced premiums.
Investing in Chinese Gold Pandas can provide an interesting addition to one’s collection of most gold coins and a valuable investment opportunity with potential appreciation over time.
Where to Buy Gold Bullion Coins and Average Market Prices
Are you interested in purchasing gold bullion coins? Remember that local coin shops and online auction sites may also sell gold bullion coins, but you must do your due diligence on authenticity and market prices. Accurate Precious Metals helps you find various precious metals, including gold, silver, and platinum. With our commitment to quality customer service and competitive prices, Accurate Precious Metals is the best partner for diversifying your portfolio with precious metals.
Pro Tip: Stay current on market trends, make informed purchases, and save on future profits.
Local Coin Shops
Coin vendors
Local coin shops are a convenient and trusted place to buy gold bullion coins at competitive prices. Here are three main factors to consider when purchasing from these reputable merchants:
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Selection: Local coin shops carry various types of gold bullion, including limited edition or hard-to-find pieces.
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Expert guidance: Trained professionals can provide insights on which coins are worth investing in for long-term gains.
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Credibility: Many local brick-and-mortar stores have been operating for years and have garnered a loyal customer base through quality service and products.
To purchase gold bullion coins, visiting a local shop could be your best bet. Don’t miss out on the opportunity to become part of the growing community of savvy investors who buy gold bullion products through these knowledgeable merchants.
Auction Houses
For those interested in purchasing gold bullion coins, an option to consider is auctions. Auctions offer buyers a unique opportunity to buy popular gold coins at a lower price than market value through bidding.
It is important to research both the coin and the auction house’s reputation before bidding.
Pro Tip: For those new to auctions, set a budget beforehand to avoid overspending in the excitement of bidding wars.
Tips for Investing in Gold Bullion Coins
Gold bullion coins are a popular investment option for many investors due to their appeal as a store of value and hedge against inflation. To ensure that you make a sound investment decision, consider the following tips:
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Conduct Research: Before investing in gold bullion coins, thoroughly research the market and the specific coins you intend to purchase. Look out for the rarity, condition, and purity of the coins.
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Buy from Reputable Dealers: Invest only in gold bullion coins purchased from reputable dealers to avoid counterfeits. Check the dealer’s credentials and seek reviews from customers.
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Diversify Your Portfolio: Avoid putting all your eggs in one basket by diversifying your portfolio. Consider holding different types of assets to spread risks.
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Keep Track of the Market Trends: Keep up-to-date with the market trends and fluctuations in gold prices to make informed investment decisions.
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Store Your Coins Safely: To prevent theft or loss, you must safely store your gold bullion coins. Consider insured storage options like safety deposit boxes.
It is also essential to note that gold bullion coins are subject to taxes, and it is advisable to consult a tax expert before making any investment decision.
Pro Tip: Record your purchases and receipts for tax purposes and future reference.
Research the Coin’s History and Authenticity
When investing in gold bullion coins, it is crucial to validate their history and authenticity before purchasing. This ensures that your investment’s value and credibility are preserved. Provided is a list showing what to look for when researching the coin’s history and authenticity:
American Eagle
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Characteristics – Made of .9167 gold depicts Lady Liberty and bald eagles
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Authentication – Look for mint marks, edge letterings, and a certificate of authenticity
Canadian Maple Leaf
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Characteristics – Made of .9999 gold, it features an effigy of Queen Elizabeth II
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Authentication – Inspect for weight, dimensions, and security features like radial lines or micro-engraved privy marks
South African Krugerrand
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Characteristics – Contains .9167 gold but has copper added for durability; displays Paul Kruger on the obverse side
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Authentication – Validate the date range (1967-present) and request an assay from reputable dealers
It is essential to note that there are other types of gold bullion coins with their unique characteristics. Hence, research should be specific to the coin you intend to invest in. When authenticating a coin, look for signs of alteration or counterfeiting, such as unusual weight or dimensions. Consulting a professional or an expert dealer regarding a coin’s details can also provide valuable information. Remember that counterfeiters continuously improve their techniques.
Therefore ensuring the validity of your investment must be consistent as well. Investing in gold bullion coins is not entirely risk-free. However, conducting diligent research can help mitigate potential losses and maximize returns. In summary, understanding the unique characteristics and authentication processes when researching the history and authenticity of your investment provides both security and credibility.
Consider Buying Certified Coins
To ensure authenticity, it is beneficial to explore purchasing officially graded coins. Third-party certifiers professionally assess these, providing higher confidence when investing in gold bullion coins.
Consider Buying Certified Coins:
Benefits
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Authenticity guaranteed
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Easily tradeable and recognizable
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Certification provides additional information on the coin’s history and rarity
Drawbacks
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It may be more expensive
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May limit the potential for profit with lower-grade coins
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It may not always be available for all types of gold bullion coins.
Experts recommend certified coins as they are based on a universal grading standard that is continuously updated and refined. As such, investing in these authenticated coins ensures you receive value for your money while eliminating the risk of being sold fraudulent or fake items.
It may also be helpful to note that certified coins offer enhanced liquidity, as they are readily accepted by coin dealers worldwide. This makes it easier to invest and liquidate at any time, especially when market volatility and uncertainty make selling more challenging.
History has shown that certified gold bars and bullion coins have retained their value over time and have financially rewarded those who invest in them. Investments in such commodities can serve as an alternative means for portfolio diversification, potentially providing a hedge against inflation.
Thus buying officially certified gold bullion coins can provide many advantages while minimizing risks significantly. In summary, carefully considering reputable sources before making investments can pave the way toward successful investments with long-term benefits.
Remember that reputation is everything when buying your gold bullion bars and coins.
Buy from a Reputable Dealer
Purchasing gold bullion coins from a legitimate and reliable dealer is essential. A reputable dealer ensures your coin is authentic, high-quality, and reasonably priced. When selecting a dealer, conduct thorough research on their background, reputation in the industry, and reviews from previous customers.
Be wary of dealers offering prices significantly lower than market value or those pressuring you to buy as soon as possible. It is crucial to ask questions regarding the coin’s origins and purity level and verify the dealer’s credentials.
Additionally, choose a dealer with excellent customer service who can assist you throughout the purchasing process and provide after-sales support. Remember that buying gold bullion coins is an investment, so taking time to find a trustworthy dealer will pay off in the long run.
One important thing to remember is to ensure secure storage for your investment. Consider purchasing a safe or renting a safety deposit box at your bank for proper storage.
Monitor Market Performance Regularly
Investors should keep a close eye on the fluctuating price of gold bullion coins. Regularly monitoring market performance is crucial in making informed investment decisions. Market conditions such as inflation, economic growth, and political instability all affect the value of gold bullion coins.
Being up-to-date with the latest market trends can be achieved by following relevant financial news sources and industry experts. Additionally, using a trusted online resource or app to analyze the current market trends and price changes can further assist investors in making decisions.
It’s also essential for investors to pay attention to any sudden shifts in the price of gold. Identifying these fluctuations early can allow quick action to prevent potential losses or capitalize on gains.
Pro Tip: Set price alerts on your chosen online resource or app to stay informed of significant real-time changes.
Conclusion: Gold Bullion Coins as an Investment Option
With their high value and easy liquidation, gold bullion coins are an attractive choice for investors. These coins can offer protection against inflation, economic downturns, and political instability. Additionally, their value increases over time, making them a potentially profitable long-term investment option.
Investors should consider a variety of factors before purchasing gold bullion coins. These include the weight and purity of the coin, as well as its market demand and availability. It is also essential to buy from reputable dealers to avoid counterfeit products.
One aspect that sets gold bullion coins apart from other investment options is their versatility. They serve as a hedge against financial instability and can act as a tangible asset for those who prefer physical investments. Furthermore, they are relatively low-maintenance since they do not require storage or subscription fees.
In retrospect, a customer was an intelligent investor who diversified his portfolio with gold bullion, buying gold coins first. During the 2008 financial crisis, when many other assets tanked in value, his investment in these precious gems helped him weather the storm without suffering significant losses.
Diversify Your Portfolio With Reliable Precious Metals From Accurate Precious Metals!
Are you looking for a reliable source to buy or sell gold, silver, and platinum bullion? Look no further than Accurate Precious Metals in Salem, Oregon! With competitive prices and top-notch customer service, Accurate Precious Metals is your trusted partner for diversifying your portfolio with precious metals. Invest in coins and bars that will stand up over time and join thousands of satisfied customers who have already experienced our quality services. Whether you’re hoping to hedge against inflation or make long-term investments, visit us today and get the best value for your money!
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Accurate Precious Metals is not a financial advisor. These articles are for educational purposes and must not be taken as fact; you must research laws and rules before making any financial decision and consult a professional financial advisor, attorney, or CPA.