Best Gold Coins To Buy For Investment Uk

Imagine that a pound coin made of solid gold.

Best gold coins to buy for investment uk.

The gold sovereign used to be the pound coin. However the price of this gold coin is more than 2000. This immediately made the coin very rare. Despite its use to denote second place in sporting competitions silver is an excellent first choice when it comes to investing in precious metals.

However one ounce gold bullion coins such as krugerrands or britannias are by far the most popular for both small investors and high net worth individuals who see the advantages of owning legal. 5 austrian philharmonic gold coins guaranteed by the republic of austria with an official euro legal tender status the austrian gold philharmonic is a great gold bullion coin value buy. The krugerrand contains 9167 fine gold with an alloy of 8 33 copper to bolster the gold durability. Read on to find out about all of the best gold coins to buy for investment.

Silver has been used as currency since about 600 bce. Minted by the münze österreich ag the austrian mint it was the best selling gold coin in europe by 1990. Recommended as an excellent investment item for both new and experienced buyers krugerrands are generally liquid on the open markets worldwide. The gold american eagle with a face value of 50 us dollars is one of the single most prolific gold coins today.

Lady britannia has been gracing coins since the first century and will remain a staple in gold bullion investors portfolios. Coupled with the popularity of the new design only intermediate and advanced collectors will be able to afford one of these coins for their collection. Now a standing lady the gold britannia represents the british royal mint s contribution to the 1 ounce means of investing. It was the pound coin from 1816 after the great recoinage until 1932 when the uk finally abandoned.

A favorite of investors and music lovers alike the philharmonic was the first european one ounce gold investment coin on the exchange. In fact the oldest coin ever discovered was crafted between 610 and 600 bce and was made of electrum an alloy of gold and silver. Selling off investment coins from less known mints could prove difficult. This top 5 best gold coins is based on our customer s gold bullion coin buying volumes and typical gold coin buying motivations.

More krugerrands have been purchased than all other 1 oz gold coins available on the market. Production of this coin at the denver mint in 1916 yielded only 264 000 coins.