User:MaggyFabrizio868

Buy gold bullion coins coins - An Easy Method To Invest In Gold

read more In these gloomy economic times, more folk are considering gold like a safer asset class than stocks and mutual funds. Investing some of the balanced portfolio in gold and silver could act as a hedge against inflation. Precious metals are normally not as prone to exactly the same gyrations because the bond and stock markets. Typically, gold is not correlated to the stockmarket or the bondmarket. A portfolio of coins might add stability and value to your portfolio.

Among the best methods of small investors to invest in gold is by using gold coins. Gold coins tend to be more often than not worth more when compared with gold bullion bars. This is because gold coins are more expensive to make than gold bullion bars. One benefit of gold bullion coins over gold bars is gold coins tend to build more coin collecting value over time. The reason for this is most gold coins are struck with the year on it. The older the gold coin more often than not the more coin collecting value it will build up, if it is maintained in a good condition.

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

American Gold Eagles

The American Eagle gold bullion coin was first produced by the United States Mint in 1986 being authorized by 1985's Gold Bullion Coin Act. They are guaranteed by the United States government to contain the stated amount of gold in troy ounces. Legally the gold in these coins must come from sources in the U.S. It is backed by the U.S. Mint, and authorized by Congress for content and weight. It is available in 1/10 troy ounce, quarter troy ounce, 1/2 troy ounce and 1 troy ounce denominations.

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

The United States Mint also mints a proof version for numismatists. Most American Eagle gold bullion coins are manufactured at the West Point Mint in New York state and bear a W mark under the date of issue. As with all other gold coin, their actual market prices varies from day to day based on the latest spot price of gold.

Buy Krugerrands

The Krugerrand was the world's first gold bullion coin, being minted in 1967. The gold South African Krugerrand was named after the last president of the old South African Republic, Paul Kruger. The gold South African Krugerrand coin was also the first gold coin that contains precisely one ounce (33.93 grams) of 22 carat gold. South African Krugerrand coins don’t have any monetary value on them. Krugerrand prices are based upon the current value of one troy ounceof gold.

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

Buy Gold Maple Leaf

Canada's Gold Maple Leaf coin was first minted 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 singular releases contain gold mined entirely in Canada with virtually no base metals at all. From 1988 on, Maple Leaf coins have also been created in .9995 fine platinum, and .9999 fine silver. In 2005 a .9995 fine palladium Maple Leaf 1 troy ounce coin was introduced.

It is available in one twentieth troy ounce, a tenth troy oz, a quarter troy ounce, a half ounce, and 1 troy ounce denominations. It is guaranteed by the R.C.M. to contain the stated amount (in troy ounces) of 99.999% pure 24k gold. The coins have legal tender status in Canada, with face values of C$1, C$5, C$10, C$20 and C$50. These are much lower than their market value, and are symbolic. All denominations are the same in design, except for the markings on the obverse and reverse sides that specify the weight and face value of the coin.

The R.C.M. manufactured a Gold Maple Leaf bullion coin with a face value of C$1,000,000 on 3 May 2007. At the time the actual 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%. It had been a promotional showpiece to market the R.C.M.'s new line of .99999 pure 1 troy oz gold Maple Leaf bullion coins.