Without a doubt, the myth surrounding gold bullion that I spent the most time dispelling was this one:

Gold Bullion Is A Better Way To Invest In Gold Than Owning Rare Gold Coins Is
Stocks are better than bonds. California wine is better than French Wine. BMW’s are better than Mercedes’. In a way these statements are all subjective opinions, but you could also build a strong argument for each of these statements as well. If you were to go around spouting off that stocks are always good and bonds are always bad, or that the French make horrible wines and the Californians have their vines kissed by angels, or that BMW’s never break down and Mercedes cars are junk, you would be seen as a closed minded myopic fool. All of the same can be said about comparing gold bullion coins or gold coins, and rare gold coins.

To Each His (Or Her) Own
Why invest in gold is a good question that deserves an educated an honest answer. I suggest you speak with an ITM Trading Senior Analyst or Precious Metals Consultant to get the right answer for your particular situation and set of goals. Depending on what you are trying to accomplish, you may need to buy gold bars. You may need gold coins or some gold bullion products for a gold IRA, for tax purposes. You may have complicated financial needs that require a mix of gold coins, gold bullion, and rare gold coins. Each is a different tool that accomplishes a different task, and ITM Trading is willing and able to place all of these types of gold in your hands, or in your gold IRA on you make a well-informed decision.

What Most People Do
Over the years, what I have seen most account holders who have accounts or open accounts with ITM Trading do is this; they buy less expensive, rare gold coins of the 1 ounce Liberty or Saint-Gaudens variety. There are several reasons; first is privacy – these coins are seen by the IRS as collectibles, and they carry certain advantages that you just don’t get when you buy gold bars. Also, the fact that they are rare and have not been produced for well over 100 years in some cases, bring the market forces of supply and demand into possibly very lucrative play. Also, rare gold coins are currently at a bargain. Whether you buy gold bars or rare gold coins, the object is to buy low and sell high. Rare gold coins have seen much higher prices, and currently the prices have pulled back a bit, which means profits are simply waiting to be made once again. The final reason that ITM clients choose to add rare gold coins that I will discuss here, is the fact that they want diversification. Rare gold coins currently require no tedious amounts of government paperwork or nosiness, unlike any paper account you can open today. If you want to put $25 in a new checking account, the bank will want all kinds of information. The same goes for investment accounts. If you want $250,000 or even $2.5 million worth of rare gold coins, currently ITM Trading needs only good funds, the name you give us, and a delivery address. No ID, no signature, no social security number. How about that for true diversification away from other types of investments!