Gold continues to shine in Bullion Markets. Many investors look for low-risk ways to grow their money in times of economic crisis, instability, and uncertainty. And, what better than gold to do that! There are times when people might think, ‘why buy gold’?
At The Luxury Hut, we believe that buying and selling gold makes more sense than anything else. Visiting or trusting a bank for selling gold involves a lot of time and effort. You can easily avoid all of it by bringing your gold to us. We give instant cash for gold.
The key to selling your valuable gold item or scrap gold is to receive immediate payment.
Is Gold a good investment now?
Since eternity, gold has been a good and valuable investment. Gold boasts some of the highest liquidity in the market, and its value increases with time.
If you’re looking to sell scrap gold, we can help you with that. We have a thorough understanding and expertise with over 40 years of combined experience in the second-hand jewellery industry. Our expert valuators carefully assess the gold to offer you the best valuation.
Ever wondered what is the best way of putting wealth into gold?
The answer could be a necklace, earring, ring, or any other item for many of you.
But surprisingly, the answer is none of the above. Gold coins have ruled the reality until a few generations ago. It is an easy way to put your wealth into it. While you rarely see them as a form of currency, the demand for them remains pretty high on the open markets.
What kind of Gold Coins must you possess?
➤ Gold Sovereigns
Gold and especially fold coins has always been widely accepted. During the period of influence of Queen Victoria, gold sovereigns were most popular. The weight of a typical Gold Sovereign is 7.98grams, and it is categorized into three distinct chapters of her life, namely:
- The Young Head portrait (used until 1887)
- The Jubilee Head portrait (1887 onwards)
- The Veiled or Old head (1893-1901)
Undoubtedly, this is one of the most popular coins. If you have any of it in your possession and wish to sell gold, contact The Luxury Hut to get a quick free valuation. We will safely evaluate the coin’s purity and its weight to make you a final offer.
➤ Gold Britannias
Another most popular variant of gold coin is Gold Britannias. The coin depicts Britannia herself as she holds a shield and a trident. This significant coin is available in various weights, from a tenth of an ounce to full troy ounce coins, everything.
Other Gold Bullion Coins for Investment
➤ American Eagle
The coin was launched in 1986 and is the number one choice for US investors. The coin weighs 33.9grams with 31.1gramsof pure gold.
➤ Kregerrand
This is the first-ever 1oz gold bullion coin and, of course, the most well-liked one.
In 1980s, it summed up for almost 90% of the gold market and contained one ounce of pure 24kt gold.
➤ Canadian Maple
The Canadian Maple came out in 1979 as a rival to the Krugerrand. The coin weighs one troy ounce and is one of the purest gold coins available.
➤ Australian Nugget
The Australian Nugget, which is popularly known as the Australian Kangaroo was issued in 1987. This is another pure 24kt gold coin that weighs one troy ounce.
➤ Chinese Panda
The Chinese Panda was produced in 1982 and weighed exactly 30grams. It is available in five different denominations that range from 1g to 30g.
Do you have any of the precious gold coins mentioned above? If, for any reason, you want to sell your gold, please don’t hesitate to call us. At The Luxury Hut, our expert valuators will offer you the best possible price. Please note that we take utmost care during the testing process. The price we offer will significantly depend on the metal’s purity. Our experts will consider every aspect, including the condition, weight, age, current market value, and purity to determine the accurate value.
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