Buy Gold Coins

Buy Gold Coins

Many people like to buy gold coins. They may want to collect gold coins to to get coins that can give them good value. They may want to invest in gold coins as a stable store of their financial value. Some may want gold coins that have good quality and good value. Some may want gold coins that are historic and have extra value from a historic causes. Some may just want gold coins that have good value and have been freshly minited but have a high value in gold.
Some people may want to buy gold. Some may want to know how to buy gold. Some may want to buy gold stock. Some may want to buy gold bullion. Some may want to buy gold coins. Some may want to known why we buy gold.
A gold coin is a flat, disc shaped piece of gold that has been minted and issued by a government or private organization. Some may want to get gold coins.

The first gold coins in history were coined by Egyptian Pharaohs around 2,700 BC. These gold coins, of variable purity, were used primarily as gifts and not for commerce. Several centuries later, King Croesus, ruler of Lydia between 560-546 BC, began issuing gold coins, with a standardised purity, for general circulation. King Croesus' gold coins follow the first silver coins that were minted by king Pheidon of Argos around 700 BC. The Ying Yuan was another gold coin minted during this time by the Chinese in the 6th or 5th century BC. Gold coins then had a very long period as a primary form of money, only falling into disuse in the early 20th century. Most of the world stopped making gold coins as currency by 1933, as countries switched from the Gold Standard due to hoarding during the worldwide economic crisis of the Great Depression. In the United States, this was following Executive Order 6102. However, gold coloured coins (not made of real gold) have made a comeback in many currencies. Furthermore, many countries continue to make legal tender gold coins, but these are primarily meant for collectors and investment purposes and are not meant for circulation.

Many factors determine the value of a gold coin, such as its rarity, age, condition and the number originally minted. Gold coins coveted by collectors include the Aureus, Solidus and Spur Ryal.

While obsolete gold coins are primarily collected for their numismatic value, gold bullion coins today derive their value from the metal (gold) content - and as such are viewed by some investors as a "hedge" against inflation or a store of value. South Africa introduced the Krugerrand in 1967 to cater to this market; this was the reason for its convenient and memorable gold content—exactly one troy ounce. It was the first modern, low premium (i.e. priced only slightly above the bullion value of the gold) bullion gold coin. Bullion coins are also produced in fractions of an ounce – typically half ounce, quarter ounce, and one-tenth ounce. Bullion coins do not carry a meaningful face value, as their value is mainly dictated by their troy weight and the current market price of the precious metal. (If a face value is minted on the coin, it is done for legal or other reasons and it is nearly always significantly less than the actual value of the coin.) Gold has an international currency code of XAU under ISO 4217.

A Krugerrand is a South African gold coin, first minted in 1967 in order to help market South African gold. The coins have legal tender status in South Africa but are not actually intended to be used as currency, thus it is regarded as a medal-coin. The Krugerrand was the first bullion coin that could be used as legal tender at the market value of its face gold content. Earlier gold coins such as the gold sovereign had a tender value in currency engraved on their face, which could be completely different from their market value. The Krugerrand was the first gold coin to contain precisely one ounce of fine gold, and was intended from the moment of creation to provide a vehicle for the private ownership of gold. By making the coin legal tender, Krugerrands could be owned by citizens of the United States, which at that time prohibited private ownership of bullion but allowed ownership of foreign coins. However, due to the policy of apartheid in South Africa, the Krugerrand was declared illegal to import in many Western countries during the 1970s and 1980s until South African political reform from 1990 to 1994.

The Canadian Gold Maple Leaf is the official bullion gold coin of Canada and is produced by the Royal Canadian Mint. The brainchild of Walter Ott, it is one of the purest gold coins of regular issue in the world, with a gold content of .9999 millesimal fineness (24 carats), with some special issues .99999 fine. That is, it contains virtually no base metals at all – only gold exclusively from gold mines in Canada.
The American Gold Eagle is an official gold bullion coin of the United States. Authorized under the Gold Bullion Coin Act of 1985, it was first released by the United States Mint in 1986. Offered in 1/10 oz, 1/4 oz, 1/2 oz, and 1 oz denominations, these coins are guaranteed to contain the stated amount of actual gold weight in troy ounces. By law, the gold must come from sources in America, with an additional alloy of silver and copper to produce a more wear-resistant coin of .9167 (22 karat, which had long been the crown gold English standard for gold coins). It is authorized by the United States Congress and is backed by the United States Mint for weight and content.

The Australian Gold Nugget is a gold bullion coin minted by the Perth Mint. The coins have been minted in denominations of 1/20 oz, 1/10 oz, 1/4 oz, 1/2 oz, 1 oz, 2 oz, 10 oz, and 1 kg of 24 carat gold. They have legal tender status in Australia and are one of few legal tender bullion gold coins to change their design every year, another being the Chinese Gold Panda. This and their limited annual mintage may, unlike for many other bullion coins, raise their numismatic value over the value of gold used.

The Islamic gold dinar (sometimes referred as Islamic dinar or Gold dinar) is a bullion gold coin made from 4.25 grams of 22-carat (k) gold with historical Islamic significance. Gold dinar may also refer to various historic gold coins denominated in dinars.

The word doubloon (from Spanish doblón, meaning "double"), was a two escudo or 32 reales gold coin, weighing 6.77 grams (0.218 troy ounces). Doubloons were minted in Spain, Mexico, Peru, and Nueva Granada. The term was first used to describe the golden excelente, either because of its value of two ducats or because of the double portrait of Ferdinand and Isabella.

The Malaysian Kijang Emas is the official bullion gold coin of Malaysia and is minted by the Royal Mint of Malaysia. It was first issued in 17 July 2001. Malaysia is the 12th country in the world to issue its own gold bullion coin.

Solidus (the Latin word for solid) was originally a gold coin issued by the Romans. The solidus was first introduced by Diocletian around 301, struck at 60 to the Roman pound of pure gold (c. 5.3g) and with an initial value equal to 1000 denarii. However, Diocletian's solidus was only struck in small quantities, and thus had only minimal economic impact.

Sequin (zecchino in Italian) is a gold coin weighed 3.5 grams of .986 pure gold, minted by the Republic of Venice in 1284.

The ducat is a gold coin that was used as a trade currency throughout Europe before World War I. Its weight is 3.4909 grams of .986 gold, which is 0.1107 troy ounce, AGW, actual gold weight.

Vreneli is the informal name for a range of legal tender gold coins produced in Switzerland.

Bezant is a medieval name for a gold coin. Gold coins were not minted in early medieval Western Europe, silver and bronze being the currency of choice, but they did circulate there in small numbers, originating from the Mediterranean region. Islamic and Byzantine gold coins, in particular, were highly prized. These gold coins were commonly called bezants, taken from the word Byzantium, the Latinized form of the original Greek name of the capital, Constantinople, where the gold coins typically came from, and were associated with, since the time of Constantine I.

Mancus (sometimes spelt mancosus or similar) was a term used in early medieval Europe to denote either a gold coin, a weight of gold or a unit of account of thirty silver pence. Distinguishing between these uses can be extremely difficult: the will of the Anglo-Saxon king Eadred, who died in 955, illustrates the problem well with its request that 'two-thousand mancuses be taken and minted into mancuses' (nime man twentig hund mancusa goldes and gemynetige to mancusan).

Ying Yuan is one kind of gold coin issued by Chu (state) mint, the most ancient ones are about 5th or 6th century BCE.

Centenario is a Mexican medal-coin first minted in 1921 to commemorate the 100th anniversary of Mexico's independence from Spain. The coin are not actually intended to be used as currency.

The Goldmark (officially just Mark) is the name used for the currency of the German Empire from 1873 to 1914.

A Gold Dinar is a gold coin first issued in 77 AH (696-7 CE) by Caliph Abd al-Malik ibn Marwan. The name “dinar” is derived from denarius, a Roman currency. The weight of the dinar is 1 mithqal (4.25 grams).

The Sultani is an Ottoman gold coin. It was first minted during the reign of Mehmed II, weighing about 3.45 grams. The Sultani is the classic Ottoman gold coin also known as altin (gold).

Aureus (pl. aurei) was a gold coin of ancient Rome valued at 25 silver denarii. The aureus was regularly issued from the 1st century BC to the beginning of the 4th century AD, when it was replaced by the solidus. The aureus is approximately the same size as the denarius, but is heavier due to the higher density of gold.

An augustalis or augustale was a gold coin minted in the Kingdom of Sicily beginning around 1231. It was the first gold issue of Frederick II, Holy Roman Emperor and King of Sicily (1197–1250), and was minted until his death. It bore a Latin inscription and was widely circulated in Italy. It was patterned after the Roman aureus and its halves. It was minted at Brindisi and Messina with accompanying billon deniers. The style of the coinage has been described as splendid and proto-Renaissance; the quality of its execution and its fineness is high. The coin weighed about 5.24 grams, which is ¼ of a Sicilian gold ounce.

The Italian florin was struck from 1252 to 1523 with no significant change in its design or metal content standard. It had 54 grains of gold (3.5g). The "fiorino d'oro" of the Republic of Florence was the first European gold coin struck in sufficient quantities to play a significant commercial role since the seventh century. As many Florentine banks were international supercompanies with branches across Europe, the florin quickly became the dominant trade coin of Western Europe for large scale transactions, replacing silver bars in multiples of the mark (a weight unit equal to eight ounces).

A moidore is a Portuguese gold coin, minted from 1640 to 1732. The moidore was current in western Europe and the West Indies, particularly Barbados, for a long period after it ceased to be struck. It was the principal coin current in Ireland at the beginning of the 18th century, and spread to the west of England.

The Napoleon is the colloquial term for a former French gold coin. The coins were minted (at various times) in denominations of 5, 10, 20, 40, 50 and 100francs. This article will focus on the 20 franc coins issued during the reign of Napoleon, which are 21 mm in diameter, weigh 6.45 grams (gross weight) and, at 90% pure, contain .1867 troy ounces or 5.801 grams of pure gold.

The Gold Libertad is a gold bullion coin originating from Mexico. It has been sold in 1?20, 1?10, ¼, ½, and 1ozt. Note that they are denominated in "onza" (ounces) directly instead of in pesos. On one side of the coin is an angel in front of Lover's Peaks. The opposite side shows the coat of arms of Mexico, sometimes along with the obsolete versions.

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