Gold Bullion Coin Investments
Buying gold bullion, either in the form of bars or coins, is one of the safest investment strategies since the price of gold rises every year. Investing in gold is also one of the easiest ways to build your wealth since it doesn't require any advanced technical knowledge or prediction skills, unlike stock trading.
Many countries issue special gold coins so that private citizens (from any nation) can build their portfolios with official government-backed bullion. If you want to start investing in gold coinage, here are some of the most popular series from around the world. You can purchase these coins from most established gold and coin dealers. The list price for gold bullion coins is always a little higher than the current market value of gold, since there is numismatic value in the coins' artistry and limited availability.
Canadian Gold Maple Leaf
American Gold Eagle
South African Krugerrand
Australian Golden Roo (Gold Nugget)
The Australian kangaroo gold bullion coin (also called "gold nugget" after the original design) is a 99.99% pure coin made in limited issue each year. Since 1989, the reverse of the coin has featured a different kangaroo design each year, while the obverse shows the image of Queen Elizabeth. The Perth Mint offers some of the largest gold bullion coins available for regular purchase, including a 2 oz coin that is 4.04 cm across and 0.335 cm thick with a face value of $500. (The actual collectors value of bullion coins is much higher than their face value.)
The face value of this series ranges between 10 and 100 euros and the coin features images from the Vienna Philharmonic Orchestra. The Austrian government mints between 40,000 and 120,000 of each denomination per year.
Chinese Gold Panda Coins
Gold pandas are the most well-known and best-selling Asian bullion pieces. The design changes from year to year but always features an image of the great panda on one side and the Temple of Heaven on the other. The coins range in size from 1/20 of a troy ounce to 1 troy ounce and are 99.9% fine.
Where to Buy Gold Bullion CoinsMost companies that buy scrap gold do not sell fine gold bullion coins, so you need to check with local coin dealers and online bullion stores. You can also find dealers by checking with your country's mint:
Royal Canadian Mint
Royal Australian Mint
© Had2Know 2010