Bullion Coins

If you’re the type that doesn’t trust any bank and hides money under your mattress, you might be the perfect candidate to buy bullion coins.

These are coins minted from gold or silver that are bought for investment purposes, in hopes that the value of the metal will go up someday so you can sell them for a nice profit.

You can buy them from banks or private dealers. Prices fluctuate daily, depending on the current price of gold or silver. Before investing, you want to find out the coin’s melt value, or what it would be worth if it was melted and sold. Beware of dealers who offer to “store” it for you, as the coins...might not really exist.

Other countries offer bullion coins also, such as the Canadian Maple Leaf and the South African Krugerrand, but they aren’t guaranteed by the U.S. government. Do not try to go out and buy groceries with any bullion coins. Keep them under your mattress, or preferably in a safety deposit box.

Maybe Bitcoins will find a home at Safeway soon...but uh... don't hold your breath for that angry cashier to take bullion coins.