Buy Gold Bullion Coins Now - Get In Now Before The Price Of Gold Goes Through The Roof

Sat, 05 Dec 2009 15:29:43 +0100

Buying gold bullion coins is one of the safest and best ways to invest in gold. Gold coins are commonly worth more than to gold bars. This is {because gold bullion coins are more costly to manufacture than gold bullion bars. One benefit of gold coins over gold bullion bars is gold bullion coins tend to build more numismatic value with the passage of time. The reason for this is most gold coins are struck with the date on it. The older the gold coin more often than not the greater numismatic value it will build, if it is maintained in good condition.

Here's a few of the most common gold bullion coins

American Gold Eagle

The eagle gold coin was first produced by the United States Mint in 1986 being authorized by the Gold Bullion Coin Act of 1985. They are guaranteed by the United States government to contain the exact amount of actual gold in troy ounces. Legally the gold in these coins must be mined in the U.S.A. It is backed by the U.S. Mint, and authorized by Congress for content and weight. It is available in 1/10 ounce, quarter ounce, half ounce and 1 troy ounce denominations.

The reverse side features a female eagle and her chicks in a nest, and above them the male holding an olive branch. The other design shows Lady Liberty carrying a torch in her right hand and an olive branch in her left, and in the left background, the Capitol building.

The U.S. Mint also issues a proof edition for numismatists. Most American Eagle gold bullion coins are produced at the West Point Mint in New York state and bear a W mark under the year of issue. As with other gold bullion coin, their actual market value will vary from day to day based on the latest market value of gold.

South African Krugerrand

The gold Krugerrand coin was the first bullion coin to contain exactly one troy ounce of pure gold. As a matter of fact, the gold Krugerrand has long been one of the most popular coins among investors.

The South African Krugerrand's name from a combination of the Rand, which is the official currency of South Africa and the last President of the old South African republic, Paul Kruger's surname. The obverse of the gold Krugerrand features an impression of Kruger. The other side has a springbok, a kind of gazelle. Springboks are South Africa's national animal.

Canadian Gold Maple Leaf

Canada's gold Maple Leaf coin was first released in 1979 by the R.C.M. (Royal Canadian Mint). It is one of the purest gold bullion coins in the world, with a gold content of 24k, Some special issues contain gold mined entirely in Canada with practically no base metals at all. From 1988 onwards, gold Maple Leaf coins have also been minted in .9995 fine platinum, and .9999 fine silver. In 2005 a .9995 fine palladium Maple Leaf one troy ounce bullion coin was manufactured.

It comes in one twentieth troy oz, one tenth troy oz, a quarter oz, one half troy oz, and 1 troy oz denominations. It is guaranteed by the R.C.M. to contain the declared amount (in troy ounces) of .9999 fine 24k gold. The coins have legal tender status in Canada, with face values of C$50, C$20, C$10, C$5 and C$1. These are much lower than their market value, and are symbolic. All denominations are alike in design, with the exception of the engravings on the obverse and reverse sides that specify the weight and face value of the bullion coin.

On 3 May 2007 The R.C.M. unveiled a Gold Maple Leaf bullion coin with a face value of one million Canadian dollars. At the time the true gold content was worth over $2 million. It weighs 100 kilograms, is 50 cm in diameter, 3 cm thick, with a purity of 99.999%|With a purity of 99.999%. it is 3 cm thick, 50 cm in diameter}. It was a marketing showpiece to publicize the Royal Canadian Mint's new line of 99.999 per cent pure one ounce gold Maple Leaf bullion coins.

Australian Gold Nugget

Sometimes nicknamed Gold Kangaroos, the Australian Gold Nugget is a gold coin minted by the Perth Mint. These coins are struck in a range of denominations of 24k gold. They have legal tender status in Australia and are among a a small number of legal tender coins to modify it's design every year, another being the Chinese Gold Panda. This, and their limited yearly mintage may help to lift their numismatic worth over time.

The Gold Nugget was introduced in 1986 by the Gold Firm, owned by the government of Western Australia. Up to 1989, the reverse of these gold bullion coins pictured a variety of Australian gold nuggets. With the 1989 proof edition, the design was changed to feature kangaroos, the internationally recognized symbol of Australia.

2 ounce, 10 ounce and 1 kilo sizes were first produced in 1991. They were minted with the intention of using economies of scale to keep premiums low, and are among the largest gold bullion coins ever minted. The face values on these large bullion coins were lowered to keep them in proportion to the 1 troy ounce bullion coin. The reverse of the bullion coins does not alter every year like the lower denominations; the same red kangaroo design is utilized every year.

Gold Pandas

The Gold Panda bullion coin is struck by the official mint of China, and was first issued back in 1982. It is available in 1/20 of a troy ounce, a tenth of a troy ounce, 1/4 of an ounce, 1/2 of an ounce, 1 ounce, five ounce and twelve ounce denominations. Panda America distibutes the coins in the U.S., while in China, the official distributor for gold Panda bullion coins is the C.G.C.C. (China Gold Coin Corporation).

The obverse side of the Chinese Gold Panda bullion coin has Chinese characters on top reading Zhonghua Renmin Gongheguo (People's Republic of China). Underneath that is a depiction of the Temple of Heaven, and at the bottom, the year of minting. For commemorative releases, the theme will be marked here as well. The reverse side shows portraits of pandas, which have been altered each year except from 2001 to 2002.

Another advantage to investing in gold coins is its ease to liquidate. Gold bullion coins are one of the easiest assets to sell. The reason why gold bullion coins are easy to liquidate is gold coins and gold bullion bars usually have a standard weight and purity stated on it. If an investor is not familiar with a bullion coin, they can tell how much gold and what purity they are investing in. Investing in gold bullion coins has its advantages; some of these benefits are impossible to find in alternative assets. These are what makes gold coins among the best assets out there.

With world markets falling day by day, a lot of folk are starting to look at gold as a hedge against inflation. Placing a percentage of a diversified investment portfolio in silver and gold could act as a hedge against inflation. Tangible assets are usually not as susceptible to the same pressures as the bondmarket. Usually, gold is not correlated to the bondmarket. A portfolio of gold bullion coins may well add value and stability to your well diversified investment portfolio.

The gold price has already risen substantially over the last couple of years. This is nothing compared to the rise the experts are predicting will take place over the next few years. Don't miss the boat. Get in before it's too late. Buy gold coins at The Precious Metal Shop.

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Buy Gold Bullion Coins Now - Get In Now Before The Price Of Gold Goes Through The Roof