Here are rates at which prominent banks in India selling gold coins as of today, 26th of February. This is a comparison between major banks like the Kotak Mahindra Bank, State Bank of India, ICICI Bank and Bank Of India for varying grams of Gold.
We have spoken about 10 Collector Gold Coins before, Here are some of their descriptions and values. One Mohur gold coin WILLIAM IIII 1835 – A very rare coin that weighs 11.66 grams is valued at four lakhs! It was minted in Calcutta and has a Lion walking infront of the Palm tree. One Mohur… Continue reading 3 Collector coins that were minted in Pre-Independence India
Why GOLD…? The demand for gold, in India and abroad, has outshines many other asset classes. Its provided a 32 per cent return on investment in rupee terms in 2014. Indian consumers invested an all-time high figure of Rs 88,056 crore on gold in 2008 . Globally, the Dollar demand for gold was up… Continue reading Investment In Gold
Here are some of the 10 most common Numismatic gold coins in India, WILLIAM IIII 1835 – 1 Mohur gold coin WILLIAM III 1835 – 1 Mohur gold coin QUEEN VICTORIA 1841 -1 Mohur (continues Legend) & QUEEN VICTORIA 1841 -1 Mohur (Divided Legend) QUEEN VICTORIA 1862 – 1 Mohur QUEEN VICTORIA 1870 – 5… Continue reading Numismatics Gold Coins in India
Gold coins are of two types – Bullion coins and Numismatic coins. As the name suggests, Numismatic or Collector coins as they commonly known are gold coins collected for the art value than just the value of gold. They are purchased by coin collectors – numismatists. While Bullion coins are bought by investors as their prices are very… Continue reading Types of Gold Coins
Sell Gold Coins Privately. If you have less gold coins so you can sell it to the individual will usually give you the best price, usually the spot or just above or to the gold merchant. But it is very difficult to find an individual who wants to buy a gold coin for an investment. Auction is… Continue reading When to sell a gold coin
High value and liquidity : Gold coin can be converted into cash and hence it is a highly liquid asset. Gold coin is the best way of investing in the physical gold. This means that there can be a huge change in currencies affected by international tensions and trade issues, Gold coin maintain its value and liquidity… Continue reading Why to invest in Gold coin