The noise, colours, smells and fun of Christmas and the holiday season might be fleeting, but what we aim to do each year is to create lasting memories and exchange gifts that have meaning and value for years to come.
One great way to make sure that you give gifts that resonate down the years is to choose precious metals this year. Buying holiday gifts from Golden Eagle Coins will make your life easier because you’ll get lots of advice and guidance before you make your purchases.
Here’s some of the best reasons to give precious metals this holiday season.
You’ll make a serious impression
While every gift, no matter how humble or utilitarian, should be appreciated and welcomed, there’s something really special about gold and silver. Not only do bullion and bars look stunning, everyone knows that they’ve been given a gift of real value that’ll outlast every games console and unicorn tiara in existence!
It’s the gift that keeps on giving
The thing about precious metals is that there’s only so much of each one in the world, which makes them valuable. They’ll never go out of fashion, although you may see short-term dips in value now and again, so over time you’re always going to make money on them. Your lucky recipient may decide to keep the metals for a few years – maybe longer – before selling them to fund a property purchase or something equally important.
Metals never go off
Silver can tarnish a little, but not enough to affect its value. Gold, on the other hand, is practically inert – it doesn’t react with anything so it keeps its amazing lustre for thousands of years. As long as the bars – and especially the coins – aren’t handled too often, the gold will maintain its flawless appearance. This is particularly important for coins (or “rounds”) as the value is influenced by the appearance more than it is with bars and ingots.
You don’t have to spend as much as you might imagine
If you don’t have a huge budget, or you have quite a few people to buy gifts for, then you’ll be pleased to know that the prices of silver bars and rounds start at around $20, or around £15. This is for one-ounce items, although of course you can always spend more if you want to! With gold, obviously you’ll have to spend a bit more, but for many people, especially those new to investing in metals, silver is a good place to start.
You could start off a whole new investment journey
Many successful investors got their start when a relative gave them stocks, bonds or collectible coins as a birthday or Christmas present. Just having the item to hand can spark an interest in someone and if the coin or bar is part of a series, then the natural step is to buy the next one the following year. Building up a collection and taking an interest in its provenance and value is an important and instructive way to understand more about precious metals and how they gain value over time. Plus, it’s never too early or too late to start!
