If I purchase a gold coin, is it hellishly expensive to insure - or is there a way to save on this? What gold coin would you recommend purchasing now? I have R100 000 to invest. From: Diane
Hi Diane,
Quite the contrary. We offer a fully insured, fully free safe custody service for all of our clients. All of it is kept in bank guaranteed vaults and clients just need to give a 48 hour notice if they want to take them out or sell them. With R100,000 I would suggest a balance portfolio of both rare coins, such as Mandela's as well as a more liquid element such as the Krugerrands. The balance would be relative to the amount of risk you are looking at.
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