Types of Gold Coins to Invest In

gold coins to invest in

Last Updated on May 26, 2022 by Surender Kumar

Investors everywhere are turning to gold bullion as their next great investment. There are a lot of benefits to gold. There’s no risk of inflation or market crash, the price has been stable throughout recessions and wars for a long time now. It’s also a great way to diversify and protect your investment.

When you decide to invest in gold, you’re investing in something that’s remarkably stable considering it’s been around forever. The only hiccup most people get is what they want to invest in. There are lots of investment options and gold coins to choose from when it comes to investing. Do you want to invest in American coins or international coins? It can be difficult to decide once you realize how many options you have.

I’ve compiled a list of some gold coins for you to choose from. Hopefully, you’ll have a better idea of what you want to invest in after reading this list.

American Eagle

There are a few things you need to know about the gold American Eagle coin and its benefits. These coins are especially good for first-time investors because of their low prices and high purity ranking. They come in a variety of sizes and are extremely popular with investors around the world.

american eagle

These coins go for roughly $50 an ounce, making them extremely affordable for every type of investor. That’s probably why they’re so popular.

American Buffalo

This is a newer kind of gold coin investors are fawning over. They aren’t as popular as the gold American eagle coins but they’re made of mostly gold. This gives them a rougher appearance as opposed to the American eagles’ shinier features. This just means that because they’re made of far more gold than the American eagle.

These coins usually start at about $50 as well but the price increasing depending on the year it was minted. The 2008 first-issue coins can be worth over $1,700 if you’re lucky enough to find one!

British Britannia

For collectors, the British Britannia gold coin is a stunning collector’s item. It’s made of a full troy ounce of gold and can be purchased for about $40 over the spot. Fair warning, in the gold game there can be numerous people out there trying to commit fraud by selling you counterfeit coins. To eliminate this concern, look for eight horses along the rim of each gold coin. This will prove its authenticity.

Canadian Maple Leaf

This is another great option for investors who are interested in getting into international gold coins. These coins are 99.99% pure gold, which is a rarity amongst gold coins.

These coins can be purchased for as little as $38 and are accepted virtually everywhere as international bullion. This makes it easy to diversify your portfolio and carry your assets over to another country if you so choose.

Austrian Philharmonic

For those investors looking for a real collector’s item, look no further than this. This is the only bullion coin that is issued in euros. It’s also guaranteed by the Austrian Mint.

Austrian Philharmonic

They have a rating of 99.9% in fineness and are less popular than the Canadian Maple Leaf or the American Eagle. This means that the Austrian coin is more appreciated in US markets.

If you want to learn more about the coin’s namesake, the Austrian Philharmonic orchestra, click here.

South African Krugerrand

This coin was originally created all the way back in 1867 and is an extremely accessible coin to get a hold of. While it’s not as intricately designed as other gold bullion, this particular coinis a durable and stable option when compared to other coins, like the American buffalo. This is because it’s made with 8% copper.

It’s a potentially great investment opportunity for both new and experienced investors for these reasons.

French Rooster

This is one of the oldest bullion coins on this list, made from 1899 through 1914. It got its name from the Gallic Rooster on the backside of the coin. They’re about the size of a nickel and have become one of the most traded world coins.

Surprisingly, despite their uniqueness and age, they’re not overly rare. This means you can buy them for much lower premiums than you’d probably think.

Chinese Panda

A lot of avid collectors love this coin for a variety of reasons. The design changes yearly, which gives collectors a chance to add different coins to their collections every year. They also come in silver, not just gold, which makes it intriguing for investors who wish to invest in both silver and gold.

They were originally made in the 80s, and competed heavily with the South African Krugerrand. Since they were minted at a time when there weren’t as many gold bullion options, they became really popular.

The British Sovereign

This is an extremely famous coin and one of the oldest on the list. It was minted all the way back in 1817. It’s one of the most favorable collectible coins, which means they often trade at prices above their value. It’s easy to find and easy to sell, which makes them popular with investors.

The British Sovereign

The options are limitless for investing in gold coins. You just have to ask yourself what you’re looking for. Is it affordability? The coins on this list are affordable. Do you want international coins or domestic? You have great options for both.

Do you want something collectible or aesthetically pleasing? If so, there are a number on this list that fit the bill. For more ways to invest in gold, follow the link.  https://www.forbes.com/advisor/investing/how-to-invest-in-gold/

The most important thing to remember about purchasing gold bullion is that you should way your options carefully. If something sounds too good to be true, it probably is so try to avoid getting wrapped into scams.

Gold bullion is a stable investment that offers the investor to diversify their portfolio and beat inflation. Protect your investments today by diversifying your portfolio and investing in gold.

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