Gold - A gift whose value does not decrease over time, but increases!
Gold has always been a popular and appreciated gift on many occasions. Unlike most other gifts that usually lose their functionality very quickly, gold is a gift that people usually keep for decades and that remains in their memory forever. In addition to being a beautiful memory, gold is also a good investment. Namely, it is one of the rare gifts whose value will not decrease over time, but will probably increase. Due to the limited amount of gold available to mankind, its price tends to rise over time. Price ounce of gold was 1970 US dollars in 35,00, and today it is over 1.500,00 dollars. This means that the price of gold has grown by an average of 8% per year, which is higher than interest rates on term savings even in good times. Put simply, the price of gold doubles every 10 years. Can you think of any other gift where the same thing happens?
A gift for confirmation, first communion and baptism
One of the most popular Christmas gifts is gold jewelry. However, it should be taken into account that classic gold jewelry among the younger population is no longer as popular as it used to be, and the birthday girl will most likely not wear it. In addition, gold in the form of jewelry is not a good investment like investment gold. Namely, investment gold is exempt from all taxes, while gold jewelry is not. When buying gold jewelry, VAT is paid, as well as a high jeweler's margin. One day, when selling such gold, you would get it the price of broken gold, which is always below the stock market price of gold. For this reason, more and more people decide to give gold coins as gifts, but there are also significant differences between them.
In recent years, more and more jewelry stores offer gifts for confirmation and first communion in the form of appropriate gold medals for certain ceremonies. Although they are usually beautifully designed and a visually beautiful gift, such medals are also not a good investment. Namely, the medals are not categorized as investment gold, therefore they are not exempt from VAT. In order for a gold coin to be exempt from all taxes and to be able to achieve a good price when sold, it must be of minimum 90% gold purity and have a nominal value in any currency (most often it is printed on one side of the gold coin). It is irrelevant whether that currency is valid today. For example, an investment gold coin is considered a gold coin "Cipkarstvo u Hrvatska" which has a printed value of 10 kuna on one side, but also a Yugoslav gold coin with a printed value in dinars or extremely popular in our area Franjo Josip ducat, which comes in two versions – single ducat (1 ducat) and quadruple ducat (4 ducats).
So, if you want your Christmas gift to increase in value over time, choose ducats or one of the contemporary gold coins with of this list.
Birthday present
More and more grandparents and godparents present the first gold coin or gold bar to their grandchild and godchild for their birth/christening, and some of them continue to give gold as gifts for birthdays as well. It is a great gift idea, because in this way the child can accumulate a considerable value in gold over time. If the grandparents gave the child only 1 gram of gold for his birthday every year, by the time the child reaches adulthood, he would have collected almost 20 grams of the yellow precious metal. If, on the other hand, it were about larger bullion or gold coins, and parents, godparents and other close people join the tradition of giving gold, perhaps several hundred grams of gold would be collected in total. On this page see how much it would be worth today and consider that over time the price of gold rises. So, a birthday gift in the form of investment gold can one day be used to finance a child's education or help buy an apartment.
Graduation gift
Another ideal opportunity to gift gold is receiving a degree after graduating from college. Like knowledge acquired during studies, graduation gift in the form of gold it represents a valued and lasting value. A young person will probably keep the gold for decades and remember an important moment in their life.
A gift for retirement
Gold can also serve as a retirement gift. It works with a classic gift suitable for people in their prime. A retirement gift in the form of gold can be a nice keepsake, but at the same time it is also an easily cashable asset. If the new retiree needs money, he will always be able to sell the gold coin at a good price.
Gold coins or gold bars for a gift?
Whatever you choose, you won't go wrong. Almost all products offered by Centra Zlata belong to investment gold, which means that they are exempt from all taxes and will always be in demand on the precious metals market. Some of our clients prefer ducats, which in our region are a traditional gift on festive occasions, while others prefer them Croatian gold coins which are minted in small series so they could one day have numismatic value. There are also those who prefer gold bars. Namely, some smelters, such as the Austrian one Austrian coin, certain levers are produced with the so-called Kinegram, due to which the bullion has a nicer shine and is intended as an ideal gift in the form of gold.
For all questions about buying gold as a gift, methods of payment and picking up the product, feel free to contact us via the phone number or email address listed at the top of the page.
Notes:
- Every reference on this page to "Centar Zlata" refers to the company Saiva doo
- The texts on centarzlata.com serve exclusively to inform and educate about financial and precious metal markets and should not be considered as investment advice.
