How to Buy Gold Bullion Coins and Bars
Buying gold is one of the smartest and most secure investments that can be made in any bull or bear market. Gold fits well in any portfolio, from the most conservative to the most aggressive. One of the more popular ways to buy gold is to purchase gold bullion. These coins are easy to purchase. Unlike some gold coins which are marked up due to their rarity, gold bullion coins cost only a little premium above their market value. Here are some of the most popular gold coins easily available for purchase today:
Gold American Eagle
This 22-karat gold coin was first sold in 1986 and is the most popular choice of investors worldwide. The gold content of this coin is backed up by the United States government, making these coins especially safe and trusted. The front of the coin depicts “Miss Liberty,” and the back shows a bald eagle, two iconic American images.
Gold American Buffalo
This gold bullion coin is different from the American Eagle coin because it is composed of 24-karat gold. Introduced in 2006, this coin also comes with the guarantee of the United States government. It shows an Native American on one side and a buffalo on the other.
Australian Gold Nugget
Minted in 1986 for the first time, this coin comes in a variety of weights, from as little 1/20th of an ounce to as much as 1 kilogram. Though the bullion is known as a “kangaroo” due to the appearance of the animal on some of the coins, the design of each coin actually changes every year.
Gold Canadian Maple Leaf
This coin was first minted in 1979, and is well-known for its incredibly high gold content: 99.9%. It is available in multiple denominations and comes with the guarantee of the Canadian government. As per its name, this bullion proudly depicts the maple leaf on its back side.
Australian Gold Philharmonic
This coin, first minted in 1989, is renowned for its exquisite artwork dedicated to the world-class Vienna Philharmonic Orchestra. This coin is available in many different weights and is .9999 pure. The weight and purity of this gold bullion is backed by the Austrian government.
Chinese Gold Panda
These coins were first created in 1982 and depict a cute little panda on one side of the coin. Because of the ever changing design, these coins are popular collectibles, and this is reflected in the bullion’s cost, often valued well over the market price.
Gold South African Krugerrand
One of the oldest coins on the market, first offered in 1967, this coin has a controversial history, as it depicts South Africa’s first President, Paul Kruger. His Apartheid connection actually lowers the premium on this coin. The coin contains 91.67% gold.
2010 Gold Britannia
The newest gold coin on the market, it shows the warrior of Britannia gazing to the east. This image has an impressive pedigree, first appearing on coins in 1672. The other side shows Queen Elizabeth. This coin comes in four values, each containing 91.67% gold.
Austrian 100 Corona
Austrian 100 Corona are not made today, but have an intriguing historical legacy. These 21.6 karat gold bullion coins stem from the early 20th century, when they were circulated in the Austrian economy. These coins depict Emperor Franz Josef I. These coins only come in weights of 1 troy ounce.
1 Ounce Gold Bullion Bar
Some investors prefer these bars, or “ingots,” to coins, especially because they have the lowest premium of all gold products. They come in a variety of weights, from 1 ounce to 400 ounces, though the lower weights are the most popular.
You’ll find other gold bullion, but the are some of the most popular.