Why Buy Gold Coins Rather Than Gold Jewelry?

Coins always going to go for a least a slight premium at auction. With jewelry you can often find items under melt value that you could take to a gold store and get more then you paid. Just make sure you know the purity i.e. 10, 14, 18, 22 kt it makes a huge difference in terms of melt value.

as another member said, with jewelry your paying a extra premium due to craftsmanship and usually jewelry when you sell you get a lower price.

Just a speculation... When the value of fiat paper money inevitably drops to zero, governments may declare an "economic emergency". This will be justification for them to confiscate real money, such as gold bullion items (common gold coins, bars, rounds). Jewellery would be less likely to be included in a confiscation order.

Same with coins... I've seen a gold-plated lead "Krugerrand".

Basically, the difference between gold jewelry from gold coins is the level of interest. We all know for the fact that precious golds - may it be jewelry or coins always tend to increase in value over time that's why we acquire them as part of investment purposes. But in case of gold coins, a lot of us tend to purchase them because of its numismatic values. These values makes an add-on value on gold coins. Hitting two birds in one stone is the quote I always describe on some post here - It simply means when you buy gold coins, you get the increasing value of its metal content ; you also get the increasing demand by future generations of new coin collectors. Over time, new set of young coin collectors emerges while the supply of old gold coins remain constant, thus the law of supply & demand applies. Increasing value and Increasing Demand goes side by side on your favor over time with these gold coins. So in my own personal view, the level of interest on gold coins is much greater (x2)than gold jewelries.

Coins have these major advantages:
Weight and fineness are always a known quantity. That makes coins much easier to buy and sell. Numismatic (collector) value is a bonus.
Gold jewelry is harder to evaluate. In buying gold jewelry, you are paying for workmanship, and you are unlikely to get that back when selling and similar outfits give you nothing for workmanship or precious stones that may be part of the piece

Right. The trick there is who is empowered to do the "deeming"? The government? Hopefully not.

FDRs gold grab was aimed primarily at the banks, where a lot of gold was stored. I don't think that there was ever a case where government agents showed up at a private residence and absconded with privately held gold. What really happened was that the government requested that private citizens turn in their gold for paper money and many did just that. Some people did not. Gold went from about $20.67/oz. to $35/oz., nearly a 70% rise in price soon after the grab. Those who did not trust the government held onto their gold. Now, that is a good lesson for us all.