Coin or Bullion more preferable?
Her idea is quite right; we should save our money in shape of gold. No matter which is more preferable – coin or bullion, we just need to have our account in that form in bank.
However, when we were in the bank this morning, the bank told us that if we need some cash, we are supposed to have gold coin since it is more practical in use than gold bullion. It means that if we are in an active status of taking cash from our saving, gold coin is more suggestible. But when we are hoping to deposit within certain period of time, bullion is most recommended. Knowing that, we told the bank that we needed time to consider.
Now, we realize that converting our money in bank to gold is necessarily in need of deep thought. It does not mean that the process to convert money to gold is difficult; it is just our own consideration and determination in which we will have our money converted. We apparently also need to think about the upcoming Christmas that looks to need certain amount to use. We really don’t want to miss the happiness of Christmas and we have planned to give some of our saving to her parents in the country. They will be happy to get it from their daughter, more over if the gift is in shape of gold. They would probably not use it for buying things, they could just be putting the gold coins inside a glass frame and hang it on the wall.
That could apparently be as it happened to my only mom in the village. She was so happy because she never got any gold coins after my Dad had passed away. I am not sure what our parents will do when the gift will now be in shape of gold bullion, but we will find it later on.
The best best is bullion, especially for new buyers , avoid the fabrication costs, and lower pricing for same weight.