Precious Metals: Top 5 Gold Coins for Investors?
Have you ever thought of buying gold coins as a hobby, or maybe, for business or investment purposes?
In this current age of “instants”, investing in gold has become so much easier, that you no longer have to even think about it. Also known as bullion, gold coins have long been used for trades on markets. But unlike regular coins, they have high levels of purity up to 90% and come in different remarkable designs. Because of these reasons, gold coins are considered highly valuable wealth by investors.
So if you are looking for the best gold coins to invest in, you’ve come to the right place. To help you choose gold coins for your portfolio, we’ve listed below some of the most secure and at the same time, most widely accepted gold coins in the world.
American Gold Eagle
The first to be in this list is a must-have for every investor–the American Gold Eagle coin. Throughout history and even until now, this gold coin is considered to be one of the most highly sought-after coins worldwide. The coin is easily identifiable due to its design consisting of bald eagles on one side, and the Liberty on the other. The coin also comes in various sizes which ranges from 1/10 oz to 1 oz. Among these sizes, the 1 oz coin is the most popular. In terms of content and purity, the quality of this coin is guaranteed by its 91.67% fineness (5.33% is copper and 3% is silver).
Canadian Maple Leaf
The Canadian Maple Leaf is known to be the official coin series of Canada and the Royal Canadian Mint. Canadian Maple Leaf coins are so popular that at one point in time when they were first released in 1979, they compete with the South African Krugerrand in terms of demand. The front side of the coin bears the design of either Canadian Maple leaves or the right profile of Queen Elizabeth. On the other side, the image of a sugar maple leaf can be seen.
Austrian Philharmonic
According to the World Gold Council, Austrian Philharmonic Gold coins were once the best-selling gold coins worldwide during the twentieth century. First minted in the 1980s, the gold coin was made as a tribute to the Vienna Philharmonic Orchestra (Wiener Philharmoniker), which the design of the coin is inspired from. And aside from being the first ever coin released in the program, the Austrian Philharmonic bridges the gap between the country’s independent status and as a member of the European Union.
British Britannia
Ever since the first century, the British Britannia gold coin has remained one of the leading coins in the portfolios of gold investors. In terms of the design, Queen Elizabeth II is featured on one side of the coin, and Lady Britannia carrying a shield and a trident on the other. Although they come in various sizes, the 1 oz British Britannia gold coin is the most favored among investors.
South African Krugerrand
Although the South African Krugerrand is the least expensive among the gold coins in this list, it still remains popular around the world. The coin is characterized by having a springbok antelope design. However, because of this, some people complain that it is not as elaborate as other coins. In terms of purity, the South African Krugerrand contains about 8.33% of copper. As such, this coin is being sought after because it is a durable investment.