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Why are gold coins more expensive than bars?

Why are gold coins more expensive than bars?

 Gold coins are more expensive than gold bars for a number of reasons. First, gold coins are struck by governments and are therefore backed by the full faith and credit of the issuing government. This gives gold coins a higher degree of liquidity than gold bars, which are not backed by any government. Second, gold coins are typically produced in smaller quantities than gold bars, making them more scarce and collectible. Finally, gold coins often have intricate designs that add to their aesthetic value. All of these factors contribute to making gold coins more expensive than gold bars.

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