If you’re looking to buy gold, you need to understand which coins are the best value. The best gold coins have a high purity, great market viability and are backed by the precious metal itself.
Fortunately, there are many coins from around the world that are worth buying. Some even come with capital gains tax benefits.
Krugerrand
The Krugerrand, first minted in 1967 to promote South African gold, has long been a top choice for both bullion and coin collectors. Its name derives from the combination of “Kruger” (the man depicted on the obverse) and “rand”, the unit of South Africa’s currency.
A Krugerrand is a coin containing a significant amount of gold bullion, a precious metal used as a store of value. While Fiat paper money fluctuates based on political and economic conditions, bullion coins typically retain their value for a longer period of time, which makes them an attractive investment.
The Krugerrand is available in various sizes ranging from one ounce to tenth ounce, making it easy for any investor to start investing in the precious metal. Additionally, Gold Krugerrand Sets are also available which include a mix of different sizes and dates.
Gold Eagle
The Gold Eagle is one of the best gold coin values available to investors. This popular gold bullion coin is a convenient way to invest in precious metals, and is also eligible for use in Individual Retirement Accounts (IRAs).
These fractional-weight American Gold Eagles are ideal for first-time investors, as well as those looking to add precious metals to their portfolios. Each 1/4 oz Gold Eagle from SD Bullion contains 0.9167 fine gold, which makes it an excellent addition to any investment portfolio.
The obverse design of the Gold Eagle features Lady Liberty, who embodies the strength and spirit of America. She is shown wearing a Grecian robe, and boldly carrying a torch. The obverse also features 50 stars, which represent the individual states of the United States.
Gold Buffalo
The Gold Buffalo is a popular coin that has become America’s best-selling pure gold bullion coin since its 2006 release. This 0.9999 gold coin has a face value of $50 and is IRA eligible.
The design of the Gold Buffalo coin is based on the 5-cent “Buffalo Nickel” created by American sculptor James Earle Fraser in 1913. The obverse side of the coin features Fraser’s famous Indian portrait.
This coin is one of the most sought-after investment coins on the market today, as it is backed by the U.S. government and is produced at the West Point Mint in New York.
The reverse side of the coin depicts a profile of an American bison, adapted from the original buffalo nickel design. This coin is made of 1 oz of.9999 fine gold and comes in protective packaging.
Gold Maple Leaf
The Gold Maple Leaf is one of the most popular bullion coins in the world, and for good reason. It’s a high-purity coin with beautiful design, making it an excellent choice for both investors and collectors.
In addition, the series has evolved from being a simple gold coin to one with a variety of unique features for enhanced security and global appeal. In 2015, the Royal Canadian Mint replaced the smooth background with a radial-line finish to diffract light and make it harder for counterfeiters to duplicate.
On the obverse, a right-facing profile of Queen Elizabeth II is displayed along with the year and face value. The portrait is updated every few years to reflect the age of her majesty and her many years in office.
