How to Navigate Gold Bullion Coin Trading? Do’s and Don’t ‘s

Gold bullion coins are alluring and millions invest in it per day. Canadian Maple Lead and American Eagle are the ones which have a high level of gold purity and can be easily traded by precious metal traders and dealers. While the financial crisis did turn people to EFTs (Exchange Traded funds) but a movement away from it has surfaced.

Why are people moving away?

Some of those EFTs don’t actually own that physical gold and instead opt for trading via a gold index. These gold EFTs may even trade by gold contracts, which would make them really risky investments.

This is why people buy gold coins and gold bullion coins are preferred. Moreover:

  • The value of 1 ounce, 24 karat Maple Leaf does approximately match gold’s price.
  • The gold bullion experienced a meteoric rise from the year 2005 to 2011. The value of gold quadrupled during this period.

But what goes up, must come down, and the price of these gold coins has shown a recent decline.

You might ask- Are there any downsides to buy gold coins?

Yes, and those are:

  • The prices fluctuate abruptly and wildly.
  • They aren’t meant for trading and so one should sit on them for a min of 3 years.
  • Dealers don’t accept credit cards for the gold purchases.
  • Selling those coins will mean shipping them to the dealer’s first by packaging them first in coin protectors which are wrapped up in bubble wrap. Then that package has to be tracked after it is sent. Moreover, the coins also have to be insured for the full value. So it is a laborious process.

buy gold coins

So how to handle gold coins? Here as some tips:

  • Stick on with North American ones like the American Eagle and Canadian Maple Leaf gold coins are easiest to sell and buy. You should basically stick with widely used gold coins. You can also buy gold Toronto.
  • These American Eagle coins can be admitted into retirement accounts of individual people.
  • Store those gold coins in safety deposit boxes rather than with a dealer. You can also use your home safe. Physical possession is best
  • Compare the dealer prices. You will be able to find online sites on precious metals exchange where these prices will be listed.
  • Aim for the lowest price, don’t pay more than five percent premiums.
  • Buy just one-ounce coins as the fractional coins of one quarter, one-tenth and half an ounce carry much higher premiums which are above the spot prices than the one-ounce ones.
  • Don’t buy gold coins that are rare as they require much more expertise while dealing with them.
  • Get to know the dealer’s buyback rules and policies. Remember that every dealer is different.

buy gold coins

In the end, keep in mind that everything you see isn’t gold, this market is full of scams and there are some red flags regarding it as well:

  • Dealers who offer free storage.
  • Or if there is delayed delivery.
  • Also, don’t buy gold coins from telemarketers because they charge high commissions.

Gold bullion coin trading is an art and you need to be a bit experienced with the unwritten rules of the market before jumping in as a full-time player.

Get Premium Christmas Gift Baskets in Toronto

Are you stuck for gift ideas? Most people likely starts to churn their imagination in order to come up with a unique gift idea. Whether one needs to attend a birthday party or a housewarming party or Christmas party, you would be required to carry a suitable gift with you. Hence, instead of going for the same old gifts, it would be better, if one goes for gift baskets.

Nowadays, Christmas gift baskets are becoming great traditional gifting alternatives. Moreover, it can be used for corporate gifting purpose. An organization can present their clients or business partners with a holiday gift basket or Christmas gift basket in order to celebrate any special occasion or an event. Well, a gift basket would make the recipient feel very special.

Christmas Gift Basket

Gift Baskets for All

Many people might wonder whether gift baskets are meant for the corporate world only. It’s not that. Gifts baskets are for all. Irrespective of one’s age and gender, gift baskets are available. You can get a Baby Gift Basket for your little one’s birthday. Or, you can gift your beloved a Spa Gift Basket on her birthday anniversary. Hence, one can see that gift basket stores can come up with gift baskets for all age-group and for any occasion.

When you visit a gift store that deals with Christmas gift baskets, make sure it offers customization option. After all, you may not like to go for a readymade gift basket for many reasons. Firstly, the basket might be above your budget. Secondly, it might not have the necessary items within it. Hence, customization option can help one to create a beautiful gift basket.

If you are running out of gift basket ideas, there is no need to freak out. Check out the ideas below.

Cheese Gift Basket

A good example of a premium gift basket is a cheese gift basket. This kind of gift baskets is ideal for cheese lovers. This kind of basket will never disappoint your recipient as they will get to choose a wide assortment of cheese like cheddars, feta, etc and appetizers. You can even add special cheese spreads which can be enjoyed with buns and bread.

Baby Gift Basket

Whether you are heading to a baby shower event or a baby’s first birthday, a baby basket can be a great gift. This kind of basket can include all necessary items which are needed by the little bundle of joy. From baby clothes to baby bathing essentials, toys to baby’s nursery items can be included inside the basket.

christmas gift baskets

Holiday Baskets

Christmas Gift baskets stores allow employers to send good wishes to their employee with this form of baskets. It can include an assortment of products like wine, cheese, chocolates, gourmet snacks, etc.

Chocolate Basket

A premium chocolate basket can be a perfect gift for your first Valentine. Your beloved would simply love this basket filled with top-quality delicious chocolates.

Sending a gift basket to employees or clients is not anymore an ordeal. Many Christmas gift baskets offer free doorstep delivery of the baskets at a minimal rate outside Canada. Hence, when you have a professional store, choosing and sending a perfect gift becomes easy. How about treating your own self with a gift basket today!

Difference between Shrug and Cardigan

Cardigans and Shrugs are two amazing outerwear that can be worn on top of any other clothes. Both these outerwear garments contain front openings, but there is quite a lot difference between both two garments in their use as well as in appearance. The main difference between a women’s cardigan and shrugs covers, shoulders, arms and the back side, however, the cardigans covers the entire upper body including arms.

women cardigan

What is a Shrug?

A shrug is a close-fitting, short garment that is particularly designed for women. The shrugs do not cover the entire body like cardigans, only some part of the body is covered by a shrug. Shrugs are normally prepared from knitted garments and contain long or short sleeves. Shrugs look fabulous on a tank top, dresses, t-shirts, or a blouse.  Most women wear shrugs on strappy or sleeveless dresses to cover their arms and back. Also, it keeps the upper part of the body warm.

Some shrugs are attached together below the bustline.  The other style includes cut off at the sides that looks like a pair of sleeves attached at the back.  Shrugs are generally more stitched than shawls. You can find various patterns and designs in shrugs.

Shrugs can be made easily at home by crocheting and knitting. Shrugs are comparatively smaller than sweaters, they are easy to make and takes very less time.

What is a Cardigan?

Cardigan is an outerwear knitted garment that looks good when you wore it on the torso.  Cardigans have a front opening that makes it easy to wear and also easy to remove.  Women’s Cardigan have zips or button, but some trendy cardigans come with no zips and button at the opening. These garments are easy t use compared to pullovers as they are easy to wear and remove. Cardigans normally designed with V-neck necklines, and they are usually made of synthetic fabric or wool. If you are familiar with knitting, then cardigans can be made easily at home.women's cardigan

Cardigans are designed for both men & women.  However, men usually wear them for casual events, but women wear them for party events like garden and teas parties. Some of these women’s cardigans are made from various fabrics like cotton, light wool, and cashmere and some women like to add some pearled buttons or jewels to look even more elegant.

What is the difference between Shrug and Cardigan?

  • Shrug vs Cardigan: Shrug is a tight fitting and cropped cardigan-like clothing comes with front open. Whereas, cardigans are knitted garments that also contains front opening.
  • Shrugs are exclusively worn by women, whereas cardigans are designed for both men and women
  • Shrugs cover only the back, arms, and the shoulders, whereas cardigans cover the entire upper body, including the arms.
  • Cardigans are long and reach the hips or waist, whereas the shrugs are shorter compared to cardigans, and they just fall below the bust line.

Both shrugs and cardigans are wonderful outerwear that makes you look trendy and fabulous. You can choose any one of them to wear on the top of your casual clothes and look stylish.