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How To Buy Gold Coins: Important Advice to Get Started

Most people have been showing interest to have gold coins considering it as an investment option or a matter of pride. Buying gold coins today has become simple, safe, and can be done with little paperwork. If you are looking to buy gold coins without any hassle, the post is exclusively for you. 

 

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Let's start.

 

Why Buying Gold Coins Is a Good Investment

It's a fact that, even the most reputable gold dealer believes, there is no guarantee that you will make money with any investment. However, numerous investors become successful in buying gold coins, especially those who trade part of their holdings when time is conducive. An intelligent investor can build a robust portfolio by containing gold coins as part of its investment basket.

Why it's a matter of pride

Acquiring physical gold shouldn't be considered only as an investment. People love to have gold sovereigns mostly for a matter of pride. Gold has been a treasured asset for the last thousands of years. The fact has outlived virtually every currency ever developed. Gold is a commodity that is better taken as insurance against inflation and weak economic times. Gold retains its value as it is not associated with any nation's currency.

Types of Gold Coins You Can Buy

Gold coins are available in a wide variety of shapes and forms. Vintage gold which was used in early days as everyday money has its niche in the marketplace, as does gold bullion, a kind of gold coin designed looking at modern-day investors.

The variety of weights and sizes of vintage gold coins is limitless. Bullion gold coins available today for investors are a little more uniform in scope. The governments generally mint gold coins in limited quantities. A large selection of modern gold coins on the market makes sure there is something inexpensive for just about everyone.

Let's discuss the common weights and sizes in which modern gold bullion coins are sold.

  • 1 ounce
  • 1/2 ounce
  • 1/4 ounce
  • 1/10th ounce
  • 1/20th ounce
  • 1/25th ounce

Popular Gold Bullion Coins

Certain gold bullion coins get worldwide popularity. Among Gold coin sovereigns, the Queen Elizabeth II Gold Sovereign - 2020 and the Queen Elizabeth II Gold Half Sovereign (Mixed Dates) are of great demand. Take a look at some gold coins given below.

Queen Elizabeth II Gold Half Sovereign (Mixed Dates): The Half Sovereign features the fifth-generation portrait of Queen Elizabeth II designed by Jody Clark on its obverse, and Pistrucci’s famous St George and the Dragon is on the reverse side of the coin.

Specifications:

  • Fine Weight (grams): 3.66
  • Fine Weight (troy oz): 0.118
  • Gross Weight (grams): 3.99
  • Gross Weight (troy oz): 0.129
  • Net Price: £206.73

Queen Elizabeth II Gold Sovereign - 2020: The 2020 Sovereign features the fifth-generation portrait of Queen Elizabeth II on its obverse and Pistrucci’s famous St George and the Dragon is on the reverse side of the coin.

Specifications:

  • Fine Weight (grams): 7.4
  • Fine Weight (troy oz): 0.235
  • Gross Weight (grams): 8
  • Gross Weight (troy oz): 0.257
  • Net Price: £392.44

1OZ Australia Gold Kangaroo (Mixed Dates): Often referred to as the Nugget, the Kangaroo initially featured an image of a gold nugget on its reverse and was changed to a kangaroo three years later. The coin’s obverse features a portrait of Queen Elizabeth II designed by Raphael Maklouf, Ian Rank-Broadley or Jody Clark; depending on the year of mint.

Specifications:

  • Fine Weight (grams): 31.103
  • Fine Weight (troy oz): 1
  • Gross Weight (grams): 31.103
  • Gross Weight (troy oz): 1
  • Net Price: £1,601.04

1OZ UK Gold Britannia (Mixed Dates): The coin depicts Britannia standing atop the beach front holding a trident in her right hand and an olive branch in her left. The obverse has the fifth portrait variant of Queen Elizabeth II.

Specifications:

  • Fine Weight (grams): 31.104
  • Fine Weight (troy oz): 1
  • Gross Weight (grams): 31.104
  • Gross Weight (troy oz): 1
  • Net Price: £1,583.24

1/2OZ UK Gold Britannia: The 1/2oz Britannia features one of the portraits of Queen Elizabeth II designed by either Raphael Maklouf, Ian Rank-Broadley or Jody Clark on its obverse and a design of Britannia on its reverse.

Specifications:

  • Fine Weight (grams): 15.6
  • Fine Weight (troy oz): 0.5
  • Gross Weight (grams): 17
  • Gross Weight (troy oz): 0.547
  • Net Price: £886.40

Conclusion

If you are curious to buy gold coins, wait for the right time or you can approach a reputable coin dealer in the UK where you can take advantage of its gold sovereigns for sale. Hope our advice would help you to have your dream gold coin soverigns right away.