There are many different types of gold coins you can look at for investing. Below is a list of the types of gold coins available, which makes the best investment and how you can get started buying your own.
Standard Gold Coins
This type of gold is produced in government mints. This means they are guaranteed by the government and makes them legal tender. An example would be the Canadian Maple Leaf, The American Eagle, or the South African Kruggerand.
The value of these coins is determined by their metal content and dealer profit.
Rare Gold Coins
These type of gold coins are more like collectors items. An example of these would be the Liberty Head, the Saint Gaudens and the British Sovereign. Since they are considered old and precious coins their value is determined by their numismatic content, metal content and dealer profit.
Best to Invest in?
By comparison, the value of Rare Gold Coins is stronger than Standard Gold Coins, although Standard Gold Coins are a safer form of investment. There is less risk when investing especially for the inexperienced investor.
The main reason for this is because there are many fake / counterfeit numismatic or semi – numismatic coins in circulation. Therefore if you are new to investing it’s best to play it safe in the beginning and stick to purchasing Standard Gold Coins.
Canadian Maple Leafs Gold Coins-Bullion Trading LLC
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