Investing in gold coins has always been used to store and transport wealth. Gold sovereigns and guineas are the perfect examplar of this as they have an intrinsic value and a face value. The intrinsic value of a Victorian gold guinea outstrips the face value.
Gold coins have a place in most numismatists collections but they also attract the investor.
Gold is certainly not a good hedge against spikes in inflation this has been academically proven many times, however, as so many people perceive it to be this does create price pressures. We also do not subscribe to the theory that gold is a safe haven in a time of crisis. It is however a good store of value over many centuries, it is portable and easily converted. It has a place in any balanced portfolio.
