Where would you go to buy gold coins? And why would anyone want to buy gold coins (other than the chocolate variety ) in the first place?

There are of course many answers to these questions. One can buy gold coins from dealers, from individuals, and often from banks. One might want to buy one or more gold coins as a gift for somebody or as part of a collection or simply because the idea of owning a gold coin is appealing.

However, the most important reason for buying and owning gold coins should be that it forms part of your long term investment and wealth preservation strategy!

As recent world financial events have shown (again!), when the financial going gets tough, gold comes into its own. In recent times thousands of businesses have gone under, unemployment has rocketed, stockmarkets have crashed and banks have closed. Yet those individuals holding physical gold stocks have watched the value of gold, and their wealth, skyrocket.

Now one of the easiest ways for the man in the street to obtain and hold a stock of physical gold is to buy gold coins. Many countries now produce gold coins. The oldest and most famous is no doubt the South African Krugerrand gold coin, but there are many others to choose from. American Eagle gold coins and Canadian Gold Coins are examples of gold coins that are readily available in the open market today.

So - if you are interested in wealth preservation, then the lessons of the past eighteen odd months is clear - invest a portion of your wealth in 1oz gold coins - even if you do it one coin at a time!