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Thursday, February 16, 2006

Best Buy for Gold Bullion Coins

Definitely one of the best buys for gold bullion coins is the 99.99 percent one ounce gold coins.

The most popular of these are the American Gold Eagle, the Canadian Gold Maple Leaf and the South African Krugerrand.

All these coins contain 1 ounce of gold and are over 90.00 percent fine.

It should be noted that, whereas the Gold Maple Leaf is 24 karat gold, the gold eagle and the Krugerrand are only 22 karat gold. This means it is alloyed with another metal, usually silver and or copper, to increase it’s hardness and durability. Despite this the popularity of the gold eagle and Krugerrand have never waned.

For new coin collectors and investors, these coins make a great start to a collection.

All these coins are easily transported, stored and can be sold quickly if required. They are accepted in all countries and are all legal forms of currency in their own country.

Current prices for these gold coins are in the 600 to 620 US dollar range but the price will vary as the price of gold varies.

When you buy such coins you will always find the dealer has added his own mark up to the price as well as shipping and, if requested, insurance.

Always ensure that when you buy gold coins from a dealer that you select a reputable dealer and that the coins come appropriately sealed and with a certificate.

For a new collector, the best buy for gold bullion coins is the top three, American Gold Eagles, Canadian Gold Maple Leaf and South African Krugerrands, and these will give hours of enjoyment and pleasure to young and old alike.

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