Gold Bars: 3 Pros and 2 Cons

Published 2023-11-12
I hope everyone is have a good Veteran's Day weekend, especially our vets. This video gives some pros and cons to buying gold bars. Do you buy gold bars and what's your reason for doing so?

I stack gold and silver to hedge against our debt-fueled, fiat currency-based economy that I am convinced is in severe trouble. Consider stacking silver and gold yourself to help you build and preserve wealth. And thank you for watching Campbell’s Coins!

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DISCLAIMER: I am not a professional financial adviser, nor do I offer financial advice. This video is for entertainment only. Please consult your investment and tax experts for financial advice. I am a participant in the Amazon Services LLC Associates Program and B&H Affiliate Program, both an affiliate advertising program designed to provide a means for me to earn fees by linking to Amazon.com and affiliated sites. Some of the above links are affiliate links where I may earn a small commission at no additional cost to you.

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00:00 Introduction
00:33 Pro 1
02:28 Pro 2
03:23 Pro 3
04:22 Con 1
05:20 Con 2
08:18 Conclusion

All Comments (21)
  • @farangutan6773
    I prefer gold bars for sure . Some gold bars are highly collectable as coins are because of quality and rarity . Case in point try and find a Harrington's 1 oz bar , they look good too .
  • @LTX-Shep
    Not sure what's up but our dear friends at YT are burying your videos. Glad you showed up again.
  • @dameanvil
    0:00 🤔 Examining the worth of buying gold bars compared to gold coins, considering factors like cost, design, and authenticity. 2:30 💰 Gold bars offer size variety for every budget, but smaller pieces often come with higher premiums. 3:25 🌍 Gold bars are widely recognized and admired worldwide, especially where sovereign coins are less common. 4:23 ⚠ Beware of counterfeit gold bars, which can be easier to replicate compared to coins, potentially posing risks to buyers. 5:20 💲 Cheaper prices for gold bars in the US don't always translate to better deals, as coins tend to have higher demand and liquidity. 7:01 📝 Consider bullion reporting requirements when selling gold bars, especially in the US, where transactions may need to be reported to the IRS. 8:18 🛡 Prioritize buying gold bars from reputable sources with unique designs to reduce the risk of counterfeits, even if it means paying a slightly higher price for peace of
  • @johnross5909
    In my area their are a lot of middle eastern small businesses. I've asked which gold they prefer. Bars usually their answer. The past year or so they have shone more interest in sovereign coins. These conversations are good to have with retailers. I use gold or silver at these business, gas, groceries, auto shops, gun stores. I've even bought or traded gold and silver for used vehicles. I've used gold an silver as collateral for cash loans.
  • Selling bars is an eye opener. I was all about stacking them until I sold some and didn’t get melt for them. I’m sticking to Coins from here on out. Great video 😎✨🤘
  • @Dejan878
    Excellent explanation. Thank you CC
  • Location is so important. Here in Texas, I get spot for bars. Same as for coins.
  • I simply like the look of gold bars, makes me feel like a gangster. I have no intentions of selling in my lifetime, so if its gold its gold. Might aswell pick the ones i like looking at
  • @alanwilliams8532
    It still comes down to personal preference, tax, and what opportunities present themselves at what time. You can buy gold from vendining machines in Dubai.
  • I really love your disclaimer between USA and ROW! Personally, in Switzerland, HAVE a mix bars (swiss), coins in gold, same goes for silver, platinum, palladium...my 17 years old son calls me nuts
  • @brucebush5744
    In the UK, with sterling coins being exempt from CGT, it’s coins every time. But even without that (and the CGT annual exemption is relatively generous) the liquidity and security of a Britannia makes them the go to for investment. Makes the choice of what to buy a bit boring - but at least they’re attractive coins to compensate for that.
  • @JimmyLicari
    Great video. I always thought that cheaper meant better. But I've come to learn that when it comes to gold, you can't cheap out. Get it from a reputable, trusted source. I have quite a few bars because i found them to be slightly cheaper than sovereign Coins. I picked up a few of those 20 Swiss Frans Helevita gold Coins. Starting to question it now because there's unfortunately not much of a market in the US for foreign 90% gold Coins. Also it's a disadvantage because it's a weird weight in actual gold weight... something like .1867 troy oz per 20 Swiss franc Coin.
  • When the gold prices are at all time high, the price for bar or coin are same when it come to secondary retail market. No one ver had given premium on coins that spot price. May in IS about in my country India, bar or coin the prices is same when you sell them.
  • @PPP-gr4nv
    I gotta be honest with you bro. I don’t like bars and I own none. Lol. For many of the reasons you listed too. I’ve streamlined to almost all AGE’s and Buffalo’s. I hope you pup is doing better. Great video bro.
  • @j.b.1855
    I'm new to gold so I would prefer some of each. When it comes to coins though I like the 9999 coins. I was never all that impressed with gold eagles.