Best Gold Coins To Buy For Investment Uk

The krugerrand contains 9167 fine gold with an alloy of 8 33 copper to bolster the gold durability.

Best gold coins to buy for investment uk. Silver has been used as currency since about 600 bce. Production of this coin at the denver mint in 1916 yielded only 264 000 coins. Minted by the münze österreich ag the austrian mint it was the best selling gold coin in europe by 1990. In fact the oldest coin ever discovered was crafted between 610 and 600 bce and was made of electrum an alloy of gold and silver.

The gold american eagle with a face value of 50 us dollars is one of the single most prolific gold coins today. As a means of legal tender she is not too shabby either carrying a 100 face value. Coupled with the popularity of the new design only intermediate and advanced collectors will be able to afford one of these coins for their collection. However one ounce gold bullion coins such as krugerrands or britannias are by far the most popular for both small investors and high net worth individuals who see the advantages of owning legal.

Despite its use to denote second place in sporting competitions silver is an excellent first choice when it comes to investing in precious metals. Favoured by investors looking to benefit from its capital gains tax exempt status the one ounce gold britannia is the most cost effective way to invest in british tax free gold coins with sovereigns attracting slightly higher premiums due to their higher manufacturing costs. This top 5 best gold coins is based on our customer s gold bullion coin buying volumes and typical gold coin buying motivations. Imagine that a pound coin made of solid gold.

Recommended as an excellent investment item for both new and experienced buyers krugerrands are generally liquid on the open markets worldwide. 5 austrian philharmonic gold coins guaranteed by the republic of austria with an official euro legal tender status the austrian gold philharmonic is a great gold bullion coin value buy. Read on to find out about all of the best gold coins to buy for investment. Lady britannia has been gracing coins since the first century and will remain a staple in gold bullion investors portfolios.

Now a standing lady the gold britannia represents the british royal mint s contribution to the 1 ounce means of investing. All the philharmonic coins display the same design with only the mintage year changing. A favorite of investors and music lovers alike the philharmonic was the first european one ounce gold investment coin on the exchange. The gold sovereign used to be the pound coin.

More krugerrands have been purchased than all other 1 oz gold coins available on the market. It was the pound coin from 1816 after the great recoinage until 1932 when the uk finally abandoned.