Buy Gold Bullion Bars and Coins Online (2023)

Buy Gold Bullion Online

There is no precious metal in the world coveted more than gold. The famous “yellow metal” has been a standard by which wealth is measured for centuries, and as civilizations took the first steps out of the Dark Ages and into international trade in the Middle Ages and beyond, gold was there as the standard unit of commerce used by nations and people who spoke different languages. Despite language and cultural barriers, everyone understands the value of gold. Today, gold bullion remains a primary vehicle for private investment and the protection of wealth. The JM Bullion catalog contains a wide array of gold bullion products, some of which you can learn more about below.

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Gold Bullion Coins

Many investors buying gold turn to gold bullion coins from sovereign mints. Gold coins are a popular choice because the weight and purity of the coins are backed by a central bank and sovereign. Moreover, gold coins are produced on an annual basis to meet consumer demand, so there’s rarely a shortage of gold coins available to those investors who want to purchase the precious metal in this form. The following are some of the most popular gold coins for sale:

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  • American Gold Eagle: The most popular American gold coin, the Gold Eagle features Augustus Saint-Gaudens’ design of Lady Liberty from the $20 Gold Double Eagle on its obverse side. The reverse includes a design from Miley Busiek introduced in 1986 exclusively for this coin series. Gold Eagles are available with 22-karat gold in weights of 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz.
  • American Gold Buffalo: The Gold Buffalo coin revives the designs from Buffalo Nickel design by James Earle Fraser. The coin was the first-ever 24-karat gold coin from the United States Mint and is available only in 1 oz gold. The obverse features a right-profile portrait of a Native American figure with an American bison in left-profile relief on the reverse of the coins.
  • Austrian Gold Philharmonic: Austria’s leading bullion coin, the Gold Philharmonic features the same designs on the obverse and reverse each year. The Gold Philharmonic is the only European gold coin that bridged the gap from pre-Euro to the Eurozone economy. Issued first in 1989, the coins originally had face values in Austrian Shillings and now have Euros as the listed face value. Gold Philharmonics have .9999 pure gold and available weights include 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, and 1/25 oz options. The designs come from Austrian Mint Chief Engraver Thomas Pesendorfer.
  • Australian Gold Kangaroo: The Australian Gold Kangaroo is the longest-running gold bullion coin from Australia. Introduced by the Perth Mint in 1986 as the Gold Nugget, since 1990 the coins have been available with new designs of the kangaroo on the reverse. Queen Elizabeth II features on the obverse each year in designs that are updated regularly to reflect her age. Each one has .9999 pure gold content.
  • British Gold Britannia: The Royal Mint of England issues the Gold Britannia annually. The obverse field includes a portrait of the reigning monarch of England, Queen Elizabeth II, while the reverse side bears the image of Britannia from Philip Nathan. The coins were first issued in 1987 with 22-karat gold and now feature .9999 pure gold content.
  • British Gold Queen’s Beast: In the newest issue from the Royal Mint of England, the Queen’s Beast Collection features 10 designs depicting the heraldic beasts that appeared in the form of wooden sculptures at the coronation ceremony of Queen Elizabeth II in 1953. Each of those 10 designs is available in 1 oz gold bullion coin. Queen Elizabeth II’s portrait is on the obverse in the fifth-generation artwork from Jody Clark, with varying heraldic beasts on the reverse. The heraldic beast designs also come from Jody Clark.
  • Canadian Gold Maple Leaf: The Gold Maple Leaf coin is one of the most prominent gold bullion offerings in the world. Struck by the Royal Canadian Mint since 1979, the Gold Maple Leaf includes 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz coins with the sugar maple leaf on the reverse and Queen Elizabeth II’s effigy on the obverse. Since 1982, the Gold Maple Leaf coins feature .9999 pure gold content.
  • Chinese Gold Panda: Introduced in 1982, the Chinese Gold Panda is among the longest-running gold bullion programs. Offered in 1982 with 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz coins, the Chinese Mint added a 1/20 oz coin in 1983. The coins have the same design of the Temple of Heaven each year on one side, with new designs of the Giant Panda species on the opposite side with each passing year.
  • European Gold Sovereign Coins: An exciting option for investors and collectors, European gold sovereign coins are available from the 19th century onward. Examples of former circulation coins include the 20 Francs and 40 Francs gold coins issued by nations including France, Switzerland, and Belgium. Modern examples include the British Sovereign, a gold coin with the image of St. George battling the dragon on the reverse and the reigning monarch of England on the obverse.
  • Mexican Gold Libertad: Issued by the Western Hemisphere’s oldest operating mint, the Mexican Gold Libertad coin debuted in 1981 but was not regularly struck until 1991. Since then, the coins have featured with .999 pure gold in weights of 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, and 1/20 oz. The obverse always features the image of Winged Victory, with the Mexican coat of arms on the reverse.
  • South African Gold Krugerrand: The oldest gold bullion coin in the world, the Gold Krugerrand debuted in 1967 with a 1 oz gold coin. The program grew in 1980 to feature three fractional weights of 1/2 oz, 1/4 oz, and 1/10 oz. On the obverse side is the left-profile portrait of Paul Kruger, the first democratically elected leader of the South African Republic in 1883. The reverse includes the Springbok antelope, the national symbol of South Africa.
  • Somalian Gold Elephant: Produced at the Bavarian State Mint, the Gold Elephant Series has been widely available in gold since 2004 and features new images of the African elephant species on the obverse side each year. All releases in this collection have the same reverse design of the Somali coat of arms.
  • South Korean Gold Coins: KOMSCO is the official sovereign mint of the Republic of Korea, better known as South Korea. Starting in 2016, KOMSCO made a splash with new bullion coins that included the Gold Chiwoo Cheonwang. Other options introduced since then include the gold versions of the Zi:Sin Series that started in 2017 and the South Korean Tiger Gold Medals.
  • Ukrainian Gold Coins: The National Bank of Ukraine handles the coining of national currency, which includes the Ukrainian Archangel Michael Coins. These gold bullion specimens debuted in 2011 and feature the image of the Archangel Michael on the coin’s obverse, with the coat of arms for Ukraine on the reverse. The coins feature .9999 pure gold content and low mintage figures.
  • World Gold Coins: Private mints around the globe have taken up the mantle of gold bullion coin production for smaller nations in recent years. Examples include coins issued for the nation of Niue by the New Zealand Mint and other private mints. The Scottsdale Mint in the United States releases numerous gold coin programs for Caribbean nations, such as the E8 Series of coins introduced in 2018.

Gold coins are struck with a minimum purity level of .999 gold, while coins such as the Canadian Gold Maple Leaf and Australian Gold Kangaroo are issued with .9999 pure gold. Most gold bullion coins have a face value issued by a central bank with that nation’s fiat currency, such as the US Dollar ($) for the American Gold Eagle or the Pound Sterling (£) for the British Gold Britannia. Finally, gold bullion coins are often available in weights beyond simply 1 oz gold. The American Gold Eagle features fractional weights of 1/2, 1/4, and 1/10 oz, while the Chinese Gold Panda is offered in 1 Gram, 3 Gram, 8 Gram, and 15 Gram weights in addition to its standard 30 Gram coins.

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Gold Bullion Coin Mints

As mentioned above, gold bullion coins are preferred by many investors because they have the backing of central banks and federal governments. Additionally, these coins are issued by national sovereign mints and other state-owned facilities. The following are some of the most prolific issuers of gold coins:

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  • Austrian Mint
  • Chinese Mint
  • Perth Mint
  • Royal Canadian Mint
  • Royal Mint of England
  • South African Mint
  • United States Mint

Gold Bullion Bars

For those investors looking for variable prices, more designs, and greater options when it comes to the gold they buy, gold bullion bars are an excellent choice. As diverse as gold bullion coins can be, there’s no matching the variety available when you buy gold bars online. Gold bullion bars are offered by private mints and refineries located around the globe. There is no government backing or central bank support, but these refineries have certified assayers (in many cases) checking the quality, purity, and weight of each product before it leaves the refinery. Gold bars feature at least .999 pure gold as well, with .9999 the standard in most products. Further, the weights offered for gold bars range from as small as 1 Gram to as large as 5 Kilograms. The following are some of the many gold bullion bars you’ll find available:

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  • Sunshine Mint Gold Bars: Each bar features the mint logo of Sunshine Minting.
  • PAMP Suisse Fortuna Gold Bars: One of the world’s most famous gold bars, the Fortuna design reflects an image of the Roman goddess of fortune.
  • Valcambi Gold Bars: Available in a variety of styles, Valcambi gold features the mint logo as the primary design.
  • RMC Gold Bars: A private US refinery, Republic Metals Corporation gold features the mint logo on the obverse face.
  • Credit Suisse Gold Bars: One of the world’s oldest refineries, Credit Suisse gold bars bear the refinery logo and are internationally known and respected.

Gold Bullion Bar Refineries/Mints

The primary benefits to gold bullion bars for gold buyers are diversity and affordability. Gold bullion bars have lower premiums over the spot price of gold when compared to gold bullion coins, and the variety of options is far more diverse. Gold bullion bars are available not only in the aforementioned weights, but also styles including cast, hand-poured, and minted ingots. Gold bullion bars are struck continuously to meet the demand for gold, with the following refineries and mints representing some of the greatest refiners of gold bars:

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  • Credit Suisse
  • PAMP Suisse
  • Republic Metals Corporation
  • Sunshine Minting
  • Valcambi Suisse

Buying Gold Bullion from JM Bullion

If you run into any issues or have any questions as you buy gold from JM Bullion, we encourage you to reach out to our customer service associates. Our team is waiting to assist you on the phone at 800-276-6508, online using our live chat service, and via our email address.

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FAQs

Is it better to buy gold coins or gold bars? ›

If you're looking for a convenient, flexible addition to your investment portfolio, with capital gains tax benefits, then gold coins could be the best choice for you. If you're looking to make a larger investment and want to avoid paying a higher premium, then gold bars could be your best option.

Is it better to buy bullion coins or bars? ›

If you're looking to buy physical gold at the lowest price per ounce, gold bars could be a great option, as you can generally purchase more ounces of gold for less than if you bought the same amount of gold as individual coins. For example, a 10 oz. gold bar could cost you about $12,729, while ten, 1 oz.

Is it safe to buy gold bullion online? ›

Is Buying Gold Online Safe? Buying gold online is as safe as any other transaction you make over the internet as long as you know you're dealing with a reputable company. The best dealers use SSL encryption and are PCI compliant. Plus, all their shipments are insured for their full value.

What is the smartest way to buy gold? ›

Investing in a gold stock, ETF or mutual fund is often the best way to get exposure to gold in your portfolio. In order to buy a gold stock or fund, you'll need a brokerage account, which you can open with an online broker (here's a step-by-step guide to opening a brokerage account).

How do beginners buy gold? ›

You can purchase gold bullion in a number of ways: through an online dealer such as APMEX or JM Bullion, or even a local dealer or collector. A pawn shop may also sell gold. Note gold's spot price – the price per ounce right now in the market – as you're buying, so that you can make a fair deal.

How many ounces of gold should you own? ›

One rule of thumb is to limit gold to no more than 5% to 10% of your portfolio. Depending on your situation and your risk tolerance, you might be more comfortable with a bigger or smaller share of gold in your portfolio.

What is the cheapest way to buy gold? ›

Generally, the best deals on gold coins can be found on large retail websites that sell gold and silver coins and bars. The price per ounce decreases if you buy in bulk. Most retailers will give you a discount for paying directly from your bank account – or sometimes even when using Bitcoin.

What is the safest way to buy gold bullion? ›

Mutual funds and ETFs are generally the easiest and safest ways to invest in gold. Each share of these securities represents a fixed amount of gold, and you can easily buy or sell these funds in your brokerage or retirement account.

What is the best form of gold to buy? ›

For us, the best type of gold to buy is physical gold bullion. The precious metal has been loved for centuries as a safe haven in which to grow and store wealth and physical bullion best reflects these qualities today. Holding gold as a physical commodity is in many ways fundamental to its appeal.

How much gold can you buy without reporting? ›

For sales of gold bars and rounds to be considered reportable, every individual piece of bullion must have a fineness of at least . 995 and the total purchase quantity must be 1 kilo (32.15 troy ounces) or more.

Does the government track when you buy gold? ›

Do I have to report my gold coin purchases to the Government ? No, there is no branch of federal, state, or local government that is interested in how much gold you might own.

Is it better to buy gold in person or online? ›

Some investors prefer to buy gold from local dealers, allowing them to physically inspect the gold and pay for it in cash. However, local dealers tend to have higher prices than online retailers, as well as a smaller selection. Online gold retailers can provide lower prices, due to their higher volumes.

Should I turn my cash into gold? ›

Gold might be better than cash at preserving wealth over the long term. Interest rates remain low, meaning that your money in the bank “earns virtually nothing,” CNN Money reports. When you take inflation into account, cash might actually decrease in value over time.

Where is the safest place to buy gold? ›

The two most common places where you can purchase precious metals are from an online dealer, such as JM Bullion, or a local coin shop. Local coin shops have been around almost as long as money has.

How can I buy gold and not get ripped off? ›

A bullion coin may be a replica coin of the real thing if: You can buy it for less than the spot value of the precious metal content. Unless the coins are stolen and the thief is just looking for some fast cash, there is no reason why they would sell you gold for less than the spot price.

Can you lose money buying gold? ›

Before you invest, it's important to understand how gold works. Like any investment, you run the risk of loss – and that risk is magnified if you don't know the facts.

How can I buy gold directly from bank? ›

Pure gold in 24 carat can be obtained online via various banks. Banks like ICICI, HDFC, Axis Bank etc. offer customers an option to procure gold online. Customers just need to login to their online banking accounts, place the order for buying gold and then visit the nearest bank branch to receive their gold coin.

What size gold is best investment? ›

400 ounce gold bars and 1kg gold bars offer the best value. That is you'll get more ounces of gold for the same amount of money. That is why the likes of large institutional investors, central banks and exchange traded funds deal in 400 ounce bars.

How far can you spread an ounce of gold? ›

One ounce of gold can be stretched into a thin wire measuring only five microns, or five millionths of a meter, thick, that would reach in a straight line from midtown Manhattan across Long Island Sound to Bridgeport, Connecticut--a distance of 80 kilometers or 50 miles.

What month is gold the cheapest? ›

Best Month of the Year to Buy Gold

Since 1975, the gold price has tended to drop the most in March. The daily chart above shows April might offer a slightly lower overall price, but history shows March is the month gold falls the most and is thus one of the best times to buy.

Which bank is best for buying gold? ›

HDFC Bank is one of the few banks to have approval from the RBI to import and sell gold to its customers in India. HDFC Bank Sovereign Gold Bonds are another option; these offer an assured interest rate of 2.5% per annum. You can enjoy ease of investing via netbanking and your HDFC Bank Demat Account.

Will banks accept gold coins? ›

You cannot sell it back to banks

As per the Reserve Bank of India's (RBI) directive, banks cannot buy gold coins. Even if you buy or have already bought gold from a bank, you will not be able to sell it back to them.

How much gold can I keep in bank? ›

For unmarried women, the maximum amount of physical gold they can keep at home is 250 grams. Men are only allowed to keep up to 100 grams irrespective of their marital status. Anything kept beyond these limits without required income proof, will be subject to investigation and possible seizure.

Which states do not tax gold purchases? ›

You can buy gold and silver tax-free from Bullion Exchanges online if you are ordering from Alaska, Delaware, New Hampshire, Montana, and Oregon. These states do not impose any online sales tax as of 2020.

When I sell gold do I report it to the IRS? ›

Instead, sales of physical gold or silver need to be reported on Schedule D of Form 1040 on your tax return. 3 Depending on the type of metal you are selling, Form 1099-B must be submitted to the IRS at the time of the sale, as such sales are considered income.

How much gold and silver can you buy without reporting? ›

If you buy silver (or any other precious metal) from a dealer and you pay with physical cash or a cashier's check and the amount is over $10,000 then the dealer must report it to the IRS via an IRS 8300 Form. The reason this applies only to cash and cashier's checks is to prevent money laundering.

Can I buy gold anonymously? ›

In most cases, you don't have to report a gold purchase, including if you have the intention to sell the items online or via your brick-and-mortar establishment. However, the Internal Revenue Service (IRS) requires the seller to disclose the purchase for tax purposes.

Should I buy gold without Bill? ›

Proof of legality

Purchasing gold jewellery without a proper bill also promotes illegal trade activities. An invoice declares that you are purchasing the particular gold ornament of the mentioned purity at the stated price from the seller who issues the invoice, thus confirming a legal transaction between you two.

Is it worth buying gold coins as an investment? ›

Gold coins are bought through traditional coin dealers with around 7 to 10 percent 'spread'. That's the difference between the dealers' selling price and their buy-back price. 7 to 10 percent is what you lose when you buy gold as gold coins, and it's a very high transaction cost for a modern investment.

Is it worth buying gold coins a good investment? ›

Indeed, a gold coin is one of the best ways to invest in the yellow metal. Besides the inherent values of gold as a safe haven and hedge against inflation, gold coins give certain specific advantages over jewellery. Gold coins are easier to buy and sell.

What is the best size of gold to buy? ›

400 ounce gold bars and 1kg gold bars offer the best value. That is you'll get more ounces of gold for the same amount of money. That is why the likes of large institutional investors, central banks and exchange traded funds deal in 400 ounce bars.

Why is gold not worth buying? ›

Gold is Taxed Unfavorably

Gold is treated as a collectible, subject to a higher maximum tax rate of 28%. Investors do not escape the higher rate when they buy gold via gold bullion holding exchange traded funds (ETFs).

Do you pay tax when you sell your gold? ›

For larger investors, diversifying your portfolio with CGT-free gold means you can buy higher amounts of gold before paying tax on your profits. Profit made above the limit is taxed at 10-28% depending on personal taxation rate tiers and the nature of the assets sold.

Is it worth buying 1 10 oz gold coins? ›

A one-tenth oz Gold Eagle coin, worth approximately $150, is a popular choice for a gift. A second advantage of fractional gold is that they're more appropriately priced for gift giving.

What is the disadvantage of gold? ›

It's not as easy to release income – You can only yield a return on investment when you sell gold, so it's not as easy as a stock or share that will pay dividends. Lower capital gains – Although gold is highly lucrative, it is unlikely to give you as substantial of a gain compared to stocks, shares, or property.

Should you take gold bars out of package? ›

Yes. Your bars may diminish in value if you remove them from the blister pack. If the bar is unpacked when it is bought, it is important to ensure that the certificate is not lost and the bar is not damaged. Coins are often sold in so-called coin capsules, which serve as protection against corrosion.

Will gold ever lose its value? ›

Gold's value rises and falls just like any other investment. While gold will almost certainly never gain nor lose relative value as quickly as penny stocks and dot-com initial public offerings, gold's price movements can still convey information.

Should I buy gold now or wait 2023? ›

There are several reasons to be optimistic about the outlook for gold in 2023, including increasing demand from central banks, and potential ongoing geopolitical tensions. Several analysts think gold could rise by 10% or more in 2023; gold-focused stocks provide leverage to gold and will perform even better.

Can I sell gold coins to a bank? ›

2. You cannot sell it back to banks. As per the Reserve Bank of India's (RBI) directive, banks cannot buy gold coins. Even if you buy or have already bought gold from a bank, you will not be able to sell it back to them.

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