From Gold Coins to Copper Tools: Unique Festive Gifts for the Metals
With pumpkin spice in the air, thoughts are turning to the biggest event of the year… No, not the curling championships — Black Friday and the start of the gifting season.
Here at the Investing News Network, our team aims to provide relevant information to help readers make informed investment decisions on the sectors we cover, from precious to base metals and beyond.
However, with the holiday season upon us, we wanted to take a look at products that might bring physical metals — and maybe a bit of levity — to your gift-giving strategy. Here are some great options to help you succeed.
Precious metals bars and coins
No metals-focused gift guide would be complete without options for bars or coins.
Even though precious metals bars and coins are a standard investment mechanism, they’re also prized by collectors for their artistic and unique qualities. Among the top destinations for collectors is the Royal Canadian Mint (TSX:MNT). Every year, it releases limited-edition coins and bars in gold, silver and platinum with mintages as low as 30.
As a Canadian company, many of the mint’s products feature typical Canadian themes of maple leaves and polar bears, but it also sells internationally produced coins like this 2 ounce, high-relief silver gorilla coin.
“Gorilla — Guardian of the Jungle,” 2 ounce silver coin.
Image via the Royal Canadian Mint.
For those opting for a more investment-oriented gift, First Mint might be an excellent choice.
It was established by the silver-mining company First Majestic Silver (TSX:AG,NYSE:AG) in 2023 as a means for the company to expand its direct-to-consumer bullion sales. As such, it offers bars that range from 1 ounce to 1 kilogram, but also produces coins, including a series designed around each year’s Chinese Zodiac.
Now that precious metals are achieving more mainstream appeal, gift givers can even make purchases at Costco (NASDAQ:COST). It started selling gold bars in mid-2023, but has since expanded to include silver and platinum products. It offers competitive pricing with premiums ranging from 0.8 to 2.4 percent over spot.
Executive members still receive a 2 percent reward on purchases, meaning buyers could pay less than the spot price when everything is factored in. Costco even offers a handy calculator to help.
Whimsical precious metals “toys”
Although coins and bars are great gifts for investors and collectors alike, they only scratch the surface.
The holidays have always been a time for whimsy; many people grew up receiving toys that brought joy well into adulthood, perhaps none more so than Lego. For precious metals enthusiasts who maintain their own horde of building blocks, there may be no greater gift than these .999 fine 1 ounce silver blocks by Monarch Precious Metals.
