7 Unbeatable Reasons to Gift Gold and Silver
Selecting a gift can be difficult as you think about what could bring a smile to your loved one. Considering questions about their likes and dislikes, the gift's social value and most importantly, does the gift look "thoughtful enough"?
We often end up giving cash or a gift card, which are great options. But what if you could provide something that offers more value?
Here's why we think silver or gold makes a great gift.
It's a Tax-free Gift
In Canada, purchasing gold bullion (bar or coin) with a purity higher than 99.95% or silver bullion (bar or coin) with a purity of 99.90% or higher is tax-free.
You are Quality Assured
When browsing a gift, you want to pick something that has a good social and brand value. This is the reason you contemplate and compare different brands and quality of the products. We would never want to gift something, which seems of low quality.
When gifting gold or silver bullion you are quality assured. Gold and Silver bullions come with a purity stamp and a serial number. Meaning, you don't have to bother about the purity or quality of the precious metal.
Very Easy to Liquidate and Convert into Cash
Precious metals can be sold or exchanged for cash very easily. The process of selling gold or silver coins or bars is fairly simple and standardized. So whenever the receiver wants to sell the gold or silver bullion for cash, they can do so without any hassle.
Precious Metals Make an Excellent Gift for Both Him and Her
Often, it isn't easy to decide on a gift when you are not aware of the other person's choice. Precious metals are universal gift for any occasion.
On the other hand, if you wish to pick something that holds great value and is aligned to your loved one's interest - You can select from a range of collectibles.
Gold and Silver Coins come in Beautiful Designs
When gifting a gold or silver coin, you are not missing on design options. You can choose designs from mints from all over the world like Royal Canadian Mint, Perth Mint, PAMP Suisse, Credit SUISSE, Valcambi.
In Canada, the Royal Canadian Mint is considered one of the most prestigious mints and releases a collection of gold and silver bullions every year. Here, check out the Royal Mint Canada 1 oz Gold Coin and the 2020 Royal Mint Canada Silver Coin.
You could be Giving a Gift that Passes on to Generations
Throughout history, people have always held gold and silver very dearly and tend to keep it safe for longer periods and even pass on to the next generation. Making it a great gift option for anyone.
It Adds to the Artifact Collection
Gold or Silver are an excellent add on to your loved one’s artifact collection. They give a real value is not just its metal composition but the way it encapsulates a fragment of history, culture or art form. Certain gold and silver collectables can become an enchanting part of your loved one’s home decor.