Which Gold Coins Are Best to Buy?

There are many factors that go into determining which gold coins are the best to buy. The safest are sovereign bullion coins, which are recognized the world over and easy to sell.

They’re also free of counterparty risk and a great alternative to paper assets. However, you should avoid fractional-ounce gold coins.

American Gold Buffalo

The Gold American Buffalo is one of the best gold coins to buy if you want to invest in physical bullion. The coin is minted with.9999 pure gold and carries the face value of $50.

The coin reboots James Earle Fraser’s classic Indian Head or “Buffalo” Nickel designs that first appeared on five-cent nickels from 1913 to 1938. Fraser’s designs are recognizable by not only coin collectors but also non-collectors who remember the Buffalo Nickels that were in circulation at that time.

The American Gold Buffalo is among the newest bullion products from the United States Mint. Introduced in 2006, these coins feature a.9999 pure gold content and revive a timeless design that is both popular and recognized around the world. The coin is a great choice for investors seeking a bullion product that combines the beauty of a 24-karat gold coin with a historic design.

Gold American Eagle

The Gold American Eagle is one of the best gold coins to buy for investment purposes. It’s widely recognized by gold bullion dealers worldwide and it offers excellent liquidity. It also boasts a relatively low premium above spot price.

It features a design that’s heavily influenced by Augustus Saint-Gaudens’ depiction of the Walking Liberty on the obverse side while the reverse side is engraved with a profile view of an American bald eagle. It’s available in various fractional sizes such as the 1 ounce coin, 1/2 ounce coin, and 1/4 ounce coin.

These coins are legal tender in the United States with a face value of $5, $10, $25, and $50 depending on their weight. They’re also eligible for inclusion in a Precious Metals IRA.

Gold Krugerrand

A staple among investors, the Gold Krugerrand is a popular choice for those looking to buy bullion coins in the United States. It is minted with 22 karat gold and features the obverse portrait of South Africa’s fifth president, Paul Kruger, along with the country of origin. The coin’s reverse depicts a springbok antelope, which is the national animal of South Africa.

The Krugerrand’s popularity stems from its ability to provide the same benefits as other 1-ounce gold coins, but with the added convenience of a face value that makes it legal tender. This feature allows it to be sold and traded internationally more easily.

Another popular option is the Austrian Gold Philharmonic. The gold bullion coin was first minted in 1989 and is still widely purchased today. It boasts a beautiful design featuring the Great Organ of the Wiener Musikverein on its obverse and an assortment of orchestral instruments on the reverse. The Gold Philharmonic is also a popular choice for those seeking an investment coin that can be easily traded in the United States.

Gold Maple Leaf

Gold Maple Leaf coins are minted in Canada and feature a maple leaf design. They are popular among investors worldwide and offer a low premium over spot gold price. They are available in 1 oz, 1/2 oz, 1/4 oz and 1/10 oz sizes. These coins are legal tender in Canada and are guaranteed by the Royal Canadian Mint. They are also a good choice for those who want a coin that is easy to sell if they need liquidity.

If you are interested in buying Gold Maple Leaf coins for your portfolio, consider purchasing them from a reputable precious metals dealer. These companies can provide you with a variety of shipping options, free transit insurance and secure storage services. Alternatively, you can purchase your coins at a local coin shop in your area. However, this method may not be as convenient and could result in paying a higher premium than you would if you bought them online.