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Investing in physical gold often involves choosing a purchasing method. Ordering online carries certain risks, while buying from large dealers can include overpayments and shipping costs. An alternative is to purchase coins in person, for example, from specialized companies in Europe.
| Product Type | Examples of Metals |
| Investment Coins | Gold, silver, palladium, platinum |
| Antique Coins | Gold (e.g., 100 Kronen Austro-Hungary) |
Investing in physical gold often involves choosing a purchasing method. Ordering online carries certain risks, while buying from large dealers can include overpayments and shipping costs. An alternative is to purchase coins in person, for example, from specialized companies in Europe.
In Dresden, one such company is Dresden.Gold, located in the very center of the city. This firm sells investment, or bullion, coins made of precious metals and also occasionally offers antique items, such as the 100 Kronen of Austro-Hungary.
The company's office is located at An der Frauenkirche 20, in the tourist center of Dresden, which makes it easy to visit.
The purchase process begins with a visit to the company's office, which is located on the fourth floor. You can get inside by going through the lobby and taking the elevator. Security is ensured by several armored doors, and in the reception area, there is a notice board indicating the location of the offices.
It is important to consider the working hours, as the company has a lunch break. You have to wait for your turn in a specially equipped hall. The popularity of this purchasing method is confirmed by the presence of other clients waiting to make a transaction.
The entire process is organized to ensure confidentiality and security. Clients enter a special room one at a time, where the selection and purchase are completed.
| Payment Method | Status |
| Cash (Euro) | Accepted |
| German bank card | Accepted |
| PayPal | Not accepted |
| Cash (USD) | Not accepted |
Inside the transaction room, the client interacts with an employee through a security glass. A large tablet is used to select coins, displaying the entire available assortment. It is worth noting that not all coins from the catalog may be in stock — some items may be sold out.
Special attention should be paid to payment methods. The company accepts cash in euros and German bank cards. It is important to know that other currencies, such as US dollars, are not accepted for payment, nor are payment systems like PayPal.
This aspect needs to be planned in advance to ensure you have a sufficient amount in the correct currency.
| Name | Cost |
| American Buffalo 1 ounce | 1,926.78 € |
| Britannia 1 ounce | 1,815.74 € |
| Britannia 1/2 ounce | 935.83 € |
Popular and liquid coins were chosen for the investment. Liquidity is a key factor as it determines how easily the asset can be sold in the future. In this case, the choice fell on American and British gold coins.
The cost of the coins on November 14, 2022, was as follows:
Additionally, protective plastic capsules can be purchased for the coins, costing around 0.42-0.50 euros each. Although cheaper options were available, such as the Austrian 'Philharmoniker' for about 1810 euros, the more popular 'Britannia' and 'Buffalo' coins were preferred.
When investing in gold in Germany, there are important tax rules. These rules encourage long-term investments and distinguish investors from speculators.
To confirm the period of ownership, it is crucial to keep the receipt or invoice showing the date of purchase. Identity verification is also required when making a transaction. For this, it is sufficient to present a biometric international passport, the data from which will be recorded in the purchase documents.