Gold bullion is a great asset to have in any portfolio. It provides protection against market volatility, can be easily liquidated and will always retain value.
While gold coins have historically been a popular investment, selecting the best coin can be tricky. Investing in the wrong coin could be detrimental to your long-term wealth preservation.
1. Gold American Eagle
The Gold American Eagle is one of the best gold coins to buy as an investment. It is produced by the United States Mint and backed by the US government for its weight, gold content, and purity.
This coin is a favorite among investors, especially those who are looking for an investment that will be safe and secure in today’s turbulent financial market. It is also a popular option for people who are looking to open a self-directed gold IRA.
Originally minted in 1986, this coin features the image of Liberty striding forward with the Capitol Building at her feet and 46 stars surrounding her. The design was inspired by the $20 Saint-Gaudens gold coin, which was commissioned by Theodore Roosevelt.
This coin also features a nest of bald eagles designed by sculptor Miley Busiek and is reminiscent of the bird’s migratory journey. Its design is a reminder of the strength and security that comes with American tradition and unity.
2. Austrian Gold Philharmonic
The Austrian Gold Philharmonic is one of Europe’s most famous coins and a favorite among many bullion investors. It was first offered to the public in 1989 and features a design of the Great Organ of Vienna’s Musikverein concert hall on the obverse.
The reverse features an array of musical instruments, including a cello, violin, harp, bassoon and Vienna horn. These are all made from.9999 fine gold, making the 1 oz Austrian Gold Philharmonic a great option for collectors and investors.
These coins are also available in fractional sizes and are a great way to diversify your investment portfolio. The 1/10 ounce and 1/25 ounce Gold Philharmonics are both a great way to purchase a small quantity of gold without paying the premiums required for larger coins.
The Austrian Gold Philharmonic series is a great way to diversify your investment and hedge against market risk. They are also a popular choice for long-term savers who value the stability of physical legal tender coins.
3. Canadian Gold Maple Leaf
The Canadian Gold Maple Leaf is one of the best gold coins to buy as an investment. It is known around the world for its quality, purity and refinement.
First minted in 1979, the Canadian Maple Leaf was the first 24-karat (.9999 pure) gold bullion coin. This purity has made the Canadian Gold Maple Leaf one of the most popular gold coins in the world today.
These gold coins are also one of the easiest ways to invest in gold. They are legal tender and accepted worldwide, so you can buy them as a safe alternative to traditional cash.
The Royal Canadian Mint has been renowned for minting excellence since its founding in 1908. It is now the producer of choice for many countries’ official coinage.
4. Kruggerand
The Krugerrand is one of the most popular gold coins in the world. First introduced in 1967, the coin was a success and paved the way for other countries to introduce their own bullion coins.
This gold coin is made from 90% gold and has an attractive design that makes it appealing to collectors and investors. It has a picture of President Paul Kruger on the obverse and the springbok antelope on the reverse.
It also has legal tender value, which means that you can exchange it for 1 oz of gold at any time. The Krugerrand is also the cheapest option for people who want to purchase gold but are on a budget.
If you’re looking to build a diversified investment portfolio, the Krugerrand can be a great place to start. However, you’ll need to consider your needs and whether it’s a good fit for you. For instance, if you have any concerns about security and storage, then you might not be a good candidate for the Krugerrand.
