Standard Gold Coin Investing

Purchasing gold coins can be as easy or as made complex as you wish to make it. If you are simply starting on your gold financial investments, this fundamental gold coin investing method will streamline things significantly for you. This post will go over the most popular and acknowledged gold coins you can buy.

Fundamental Gold Investing-Gold Bullion Coins

If you are simply beginning out with gold financial investments, I advise investing in gold bullion. Gold bullion has the least premium over the area rate (or melt value) of gold at the time of your purchase. It is the least pricey way to begin getting gold. Gold bullion can be found in coin or bar type with coins being more popular with U.S. financiers.

American Gold Eagle

My leading suggestion for buying gold bullion coins is the American Gold Eagle. Released in 1986 by the U.S. Mint, American Gold Eagles are stated to be the most popular gold bullion coins in the world. Each coin is minted in 22-karat strong gold and has a picture of Lady Liberty on the obverse (front) and A Family of Eagles on the reverse.

American Gold Eagles are backed by the U. S. federal government for weight, material and pureness which is why they are extensively accepted (and rather simple to transform back to money). American Eagle gold bullion coins can be acquired in 4 various denominations: one-ounce with a $50 stated value; half-ounce with a $25 stated value; quarter-ounce with a stated value of $10; and tenth-ounce with a $5 stated value. You will pay more of a premium over area gold for the half, quarter and tenth-ounce coins than the one-ounce coin.

Canadian Gold Maple Leaf

My 2nd suggestion for purchasing gold bullion are coins from our friends to the north - the Canadian Gold Maple Leaf. Produced by the Royal Canadian Mint beginning in 1979, this lovely 24 karat gold coins are 99.99% pure gold (in 2007, the Royal Canadian Mint started producing 99.999% pure gold, one-ounce Maple Leaf coins). The Gold Maple Leaf has a picture of Great Britain's Queen Elizabeth II on the obverse side. The coin's reverse image is that of a maple leaf - Canada's nationwide sign.

Gold Maple Leaf coins are ensured by the Government of Canada for their weight and pureness. They are as extensively acknowledged and accepted as the United States Gold Eagle and make great financial investments. Gold Maple Leaf bullion coins can be acquired in the following sizes: one ounce with a stated value of 50 Canadian dollars; half-ounce with a stated value of 20 Canadian dollars; quarter-ounce with a stated value of 10 Canadian dollars; and tenth-ounce with a stated value of 5 Canadian dollars. Premiums over area gold resemble that of the American Gold Eagles. Let me warn you if you choose to purchase Canadian Gold Maple Leaf coins. Because gold is a soft metal, pure gold coins are quickly scratched or nicked if not dealt with thoroughly. Constantly manage your coins by the edges just (despite exactly what gold coin it is) and be particularly mindful managing your Gold Maple Leaf coins.

South African Krugerrand

My 3rd suggestion for buying gold bullion coins is the South African Krugerrand. Produced by the South African Mint start in 1967, this coin gets its name from Paul Kruger, the last president of the Republic of South Africa, and the "rand", the financial system of South Africa. The one-ounce Krugerrand consists of one troy ounce of gold and is alloyed with copper (1/12 copper, 11/12 pure gold) leading to a 22-karat coin. They are more long-lasting and scratch-resistant than pure gold coins. The obverse side of the coin has the image of Paul Kruger. The coin's reverse image is that of a springbok antelope, among South Africa's nationwide signs. South African Krugerrands areas globally acknowledged and accepted today as the American Gold Eagle and the Gold Maple Leaf. In the mid-1980's, the United States Congress prohibited the importation of South African Krugerrands as part of the anti-South African boycott. Krugerrands currently in this nation were permitted to continue being traded. Because of this action, Krugerrands lost a few of their appeal (no pun planned). As an outcome, these coins have about the most affordable premium and are amongst the most affordable way for you to own a one-ounce gold coin. Krugerrands likewise can be found in fractional sizes.