What gold coins should I buy to make sure I’m not getting ripped off?
First of all, don’t buy numismatics. They are collector’s coins and their cost is inflated because of their collector value. I prefer coins that are marked as 1-ounce coins, as their value is easily determined: the American Eagle, African Krugerrand, Australian Kangaroo and Canadian Maple Leaf. The Eagle usually carries the highest premium. The premium on the others varies. I actually think silver is a better buy right now and recommend pre-1965 U.S. silver coins (junk silver), the American Silver Eagle or any 1-ounce silver bullion. Your best bet is to find an established local dealer with a long history. Don’t be shy about contacting the Better Business Bureau to ask about complaints.