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1 oz Gold Coins

Most experts agree that 1 oz gold coins are the best types of investment when it comes to buying gold.  Aside from the ease with which these coins can be stored, they also entail lesser expenses for the buyer.  The characteristics of this type of coin make them one of the most sought after coin in the market in terms of investing.  The one ounce coin has been the most popular in the Western hemisphere and has become a sort of standard when it comes to buying gold coins.  Aside from that, you can easily know how much your coin is worth since the amount or price of gold at the market is usually expressed in terms of one troy ounce.

One ounce gold coins became a fad with the advent of the African Krugerrand.  This coin, which was made from a lower karat of gold but has a weight of one ounce, became popular with investors since they are able to get a larger amount of gold at a lesser premium.  Most of the coins that time were smaller in weight but could be bought at a higher price only due to the cost of production.  With the lesser premiums came greater demand for the coinage which was produced by South Africa.  Although this demand was checked by the temporary ban on the coin due to the apartheid system during that time, it nonetheless left its imprint in the international market for gold.

After this, other countries began developing their own one ounce gold coins – the Australian Kangaroo, the Canadian Maple Leaf, the Chinese Panda, the Austrian Philharmonic, and the American Eagles and the American Buffalo.  Most of these coins are made from 24 karat gold exempting the American Eagle which has an alloy to make it sturdier against handling.  Pure gold is very soft and is not good if handled too much or dropped.  They are easily disfigured but with an alloy, it becomes more viable for storage.

Compared with other sizes, the one ounce coin is still considered to be the best when it comes to investing purposes.  The smaller types of coinage have higher premiums than that of the one ounce coin since the cost of production is usually just the same but the gold content is lesser.  Larger pieces such as ten-ounce and one-kilogram coins are just not that easily to transport and cannot be divided or split easily if you are in need of smaller quantities.  Hence, these types of coins are usually produced at lesser quantities and are only bought for other purposes aside from investing.

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Aside from these reasons, it is also good if you can easily assess the value or worth of your gold at the current market price – which is expressed in one-ounce terms.  When investing, information is definitely a good device.  So if you can easily compute your investment’s worth – which is in one ounce coins – then it will be better for you. One ounce gold coins are definitely a better choice when thinking of investing your wealth in gold coins.

Best Gold Coins to Buy

If you are looking for the best types of gold coins to buy it’s important to know there are several reasons why coins become a favorite thing to collect among serious investors. First, there is the beauty of the design; second, is the rarity of the coin; and third, is for its value. These various reasons provide the basis for how a person is going to choose the items that he would like to collect or have in his possession either for showing to his friends or for securing his wealth.

Gold coin collecting has been done for several hundreds of years now by people who can afford to buy them and also who value them as assets.  Some of the most famous collector’s items are the Canadian Maple Leafs, the American Eagles and Double Eagles, the Australian and British Sovereigns, the Chinese Panda, the Austrian Philharmonic and the African Krugerrands.

The Canadian Maple Leaf can be said to be one of the finest types of gold coin that is available on the market today.  This coin is made of 999.9 percent pure gold which makes it one of the purest gold coin produced by a country. This was created on 1979 and is one of the first countries to ever produce a fine gold coin aside from the Krugerrand.

The American Eagles and Double Eagles are also a favorite collector’s item. The Saint Gauden’s Double Eagle is which was produced on 1927 is also a must-have for any avid collector of gold coins. These coins are available in one ounce, half-ounce, and quarter-ounce weights.

Australia has two particularly interesting gold coins: the Kangaroo and the Sovereign. The Kangaroo is made of 999.99 fine gold also and comes in different weights. What is interesting about this item is its beautiful designs. The Sovereign is also a hit with collectors with its exquisite image of Queen Victoria.

The Austrian Philharmonic is also one of the best gold coins to buy. It features the largest organ in Vienna and also represents the Austrian Philharmonic Orchestra which is considered to be one of the best in the world. You can also try collecting the 100 and 20 corona which was issued on 1914. It is also made from 999.9 fine gold.

The British Sovereign is also considered to be one of the best in design in the coin collector’s profiles. Some of them also features two types of metals which is peculiar with national gold coins. These coins are made from 916.6 gold which is a bit lower than that of the Canadian Maple or the Australian Sovereign.

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The last is the Chinese Panda which is valued for the different designs that they are issued with and the high quality of gold that they contain. Most Chinese Pandas are issued with a 999.9 percent of gold and they differ the design yearly which makes it quite an interesting piece to acquire.

For those who would like to collect gold coins for their beauty, rarity and value, these coins are those that are highly recommended for collecting. The type of gold and the delicacy of the designs make them one of the most valuable coins to own for your collection.

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