Basic Gold Coin Investing
Investing in gold coins can be as simple or complicated as you want. If you're just starting with your gold investments, this basic gold coin investment strategy will make things really simple for you. This article will discuss the most popular and recognized gold coins that you can invest in.
Basic Gold Investment: Gold Bullion Coins
If you are just starting with investing in gold, I recommend investing in gold bullion first. Gold bars have the lowest premium over the spot price (or melt value) of gold at the time of purchase. Therefore, it is the cheapest way to start buying gold. Gold bullion comes in the form of a coin or bar and the coins are more popular with American investors. You can also purchase the best gold coins from https://www.gmrgold.com/gold.
American golden eagle
My top recommendation for investing in gold bullion coins is the American Gold Eagle. First issued in 1986 by the US Mint, the American Gold Eagles are said to be the most popular gold bullion coins in the world. Each coin is minted in 22 karats solid gold and has an image of Lady Liberty on the obverse (obverse) and A Family of Eagles on the reverse.
Canadian Gold Maple Leaf
My second recommendation for investing in gold bullion is the coins of our friends from the north: the Canadian gold maple leaf. Produced by the Royal Canadian Mint beginning in 1979, these beautiful 24 karat gold coins are 99.99% pure gold (in 2007, the Royal Canadian Mint began producing 99.999% pure gold, one ounce Maple Leaf coins ). The gold maple leaf has an image of Queen Elizabeth II of Great Britain on the obverse. The image on the reverse of the coin is that of a maple leaf, the national symbol of Canada.
Let me warn you if you decide to invest in Canadian Gold Maple Leaf coins. Because gold is a soft metal, pure gold coins are easily scratched or nicked if not handled carefully. Always handle your coins only by the edges (regardless of what gold coin it is) and take extra care when handling your Gold Maple Leaf coins.