Why you should consider investing in Gold Coins in Akshay Tritiya
Ancient civilizations used gold not only as a currency but also a symbol of prosperity. Greeks introduced the world's first coins in 640 BC in Lydia. In 100 AD, Vima Kadaphises, the Kushan emperor, introduced the first gold coins in India. It had the image of lord Shiva engraved on it. From then on there was no looking back as his successors introduced various denominators of gold coins such as Dinars, Staters, Varahas, Fanams, Koris, Xerafims, Pagodas, Tankas and Tolas.
And besides Diwali where the coins are worshipped, Akshaya Tritiya in 2020 is on 26th April. It is a time when there is a huge rush in the jewellery stores to buy gold and silver coins. on this auspicious day, consider investing in gold coins. Gold coins can be purchased online across various denominations. However
Top Five Reasons Why You Should Buy Gold Coins This Akshaya Tritiya
1) It’s the traditional and the best way to invest in gold
Many people buy gold as a form of investment to beat in turbulent times. However, when you buy gold jewellery, when the price of gold increases you cannot sell at the higher rate as you will not get the value of making charges in return. When you invest in gold coins, you get the current market rate when you sell it. Also, you make a profit on it if you have bought the coins when the rates low. It also helps beat inflation
2) Buy in small amounts
You don't have to wait for the auspicious times and occasions to buy gold coins. When the prices of the gold have come down, you can invest in coins in smaller denominator such as 0.25-gram, 0.5-gram, 1 gram 5 grams, 10 grams and so on. During the auspicious occasions, you can buy the gold coins from banks. Otherwise you can always buy them from online jewellery brands. A perfect way to average out prices, most smart investors prefer to buy coins every month more like a recurring deposit. This helps to accumulate for big life events like marriages in the family.
3) Coins does away with the making charges
It’s always wise to buy gold coins instead of gold jewellery. There are meagre making charges on the coins. You would have to pay more for making charges for the gold jewellery. Secondly, coins help getting cold at the cheapest current market prices and later these can be converted into jewellery for big occasions.
When you exchange the jewellery, you will not get much returns on the amount you gave as making charges. Apart from that you can exchange the gold coins for gold jewellery. Whereas, exchanging a piece of jewellery for another piece of jewellery would cost you more and its loss. When exchanging an old piece of jewellery, the jeweller will want a certain percentage as depreciation charges, and he may not be willing to buy back the old jewellery for the current gold price. However, this does not happen with the gold coins. He has to give you the current selling price of the gold without any cut on the making or depreciation charges as it is still not moulded into a piece of jewellery.
4) No worries about fake / adulterated gold
When you buy gold coins, you don't have to worry about the authenticity of the coins. These coins come with an authenticity certificate from third party laboratories such as BIS (Bureau of Indian Standards) Hallmark. The coins of all denominations are tested for the purity before being dispatched to you.
5) Exchanging Coins for Gold Jewellery later
There are many reputed jewellers online from whom you can buy your gold coins. When you buy coins some traditional as well as reputed jewellers may even give you a small discount. That is, you can buy the coins for the best price in India from KaratCraft. Remember, that India and Indian homes are never complete without gold coins and jewellery. This tradition dates back as far as Vedic and ancient times in India.
So don’t hesitate and buy from your Online Jewellery store, and you can check the website every day to find the best online promotions or online offers on Gold coins and Silver coins. Plus we offer all our jewellery at the Lowest Price of Gold online.
