Tag Archives: Bullion Coins

An Introduction To Gold Coins

If you are looking for good investments, you might want to consider investing in gold coins.

Gold coins are easier to sell than gold bars or other gold bullion coins that may have delays and other expenses. The durable gold standards established by the US Mint are for gold coins circulating more than 350 years ago. These gold coins are minted in 91.67% fine gold, creating a durable coin that is scratch proof.

Gold bullion coin collecting is the act of amassing a variety of gold coins such as gold Eagles. Pandas, Philharmonics, Maple Leafs, Britannias, Gibraltar Dogs and Isle of Man Cats. There are also silver and platinum bullion coins such as Koalas. Kookaburas and Nobles. The United States alone mints millions of gold coins every year. Those who collect gold bullion coins do so for their scarcity, value and beauty.

Some companies that sell bullion gold coins are recommended for new gold buyers since their transactions are private and non-reportable, thereby insuring complete security, privacy and safety for investors. One example of a design is that bearing the image of Augustus Saint-Gaudens, $20 pieces minted from 1907 to 1933.The reverse design shows a nest of Eagles, symbolizing America\’s familial tradition. These gold coins are US mint and guaranteed in terms of gold content and weight.

The origin of coins is not free from speculations. Some suggest that the smaller fractional pieces of the earliest coins, comprised of tiny bits of metals were issued as payment for civil servants or those working for the government and later accepted as payment for taxes. Minting of these fractional denominations quickly increased in popularity and nearly every piece in 6th century B.C was hoarded. The larger denominations on the other hand, were most probably used in expensive transactions such as purchasing mercenaries or supplies.

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