Gold Coins: The Ones Worth Collecting?
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With the current value of gold in the market, it can be tempting to start purchasing gold bullion. If you are a newbie in gold investing, it would be best to start with gold coins. There are also many reasons why a person might decide to collect coins; it could be that a relative bequeathed a small collection and you simply wish to add to the collection, or it could be that you simply derive pleasure from collectables that are also a wise investment. You can definitely earn some extra money with gold coins. Whatever your reasons for taking up collecting gold coins, here are a few very attractive pieces that you should acquire.
- The American Eagle – This one-ounce gold coin is perhaps the best known of all, and is certainly a very popular addition to any collection. All of the metals found in this coin come from US mines, and with a fineness of 91.67%, the American Eagle is a very attractive coin to look at, and the US government guarantees the purity. Any coins minted before 1991 would use Roman numerals, while coins minted after that time incorporated Arabic numerals.
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- The American Buffalo – This is a one-ounce coin was first introduced in 2006 and it is comparable to the well-known Canadian Maple Leaf coin. If you are looking to add to your collection, check out the gold bullion Brisbane investors get from City Gold Bullion, who happen to be one of Australia’s leading gold bullion dealers who buy and sell gold in all
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- The Canadian Maple Leaf – A one-ounce gold coin that is recognised around the world, the Canadian Maple Leaf coin is 99.99% pure, and this is one of the best coins on the market. The Canadian Mint started to produce these coins in 1979, and this is one of the most sought after gold coins in the world today. Your collection will not be complete until you have at least one of these, and due to its high level of purity, the Maple Leaf coin must be handled very carefully, as it scratches very easily.
- British Britannia – One ounce in weight, the British Britannia is the Royal Mint’s contribution to the world of pure gold coins, and coins that are dated from 1987 – 2012 contains a small amount of either copper or silver. Coins minted after 2012 are 99.9% pure gold and each coin contains one Troy ounce of pure gold.
- South African Krugerrand – Steeped in history, the coin has an imprinted design of a gazelle, and it is one of the most recognisable gold coins that every collector would want to have. The coin is a one-ounce item that is 22k in purity, containing 8.3% copper to give it some stability. This is perhaps the most popular of all the gold coins, at least as far as collectors are concerned. Due to its simple design, the Krugerrand has been counterfeited, so if you buy any, make sure they come from an established and recognised gold bullion dealer.
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The great thing about collecting gold coins is the investment factor, and as global currencies are relatively unstable, it makes perfect sense to store your wealth in gold coins. If you would like to make contact with an established gold bullion dealer, an online search will take you to their website, where you can check out the spot price for one-ounce gold coins of all types.