How to Buy Gold Coins for Disasters

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    What Gold Coins to Buy

    • Gold coins can be broken into two types: numismatic and bullion. Numismatic coins are coins that are valued by coin collectors for their scarcity while bullion coins are coins whose value is derived only from their precious metal content. Bullion coins are the coins to hold for disaster preparedness.

    Determining Current Value

    • The current value of gold is reported live by various media outlets. Gold's value is stated per troy ounce and the gold content of common coins is widely available as well. Those buying gold coins for disaster preparedness should pay as close to spot price as possible.

    Where to Buy Gold Coins

    • Gold coins can be purchased from a variety of vendors including direct from the U.S. Mint. The large market for bullion coins has increased competition and driven down costs. Buyers should compare prices between a handful of legitimate companies before making a purchase.

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