1/10 oz Gold Coins

Although smaller coins do exist, the coin weight that most often serves as the smallest in a sovereign mint’s coin series is the 1/10 oz gold coin. Like other coins with gold weights smaller than an ounce, 1/10 oz coins are known as fractional coins. 

Why Buy a 1/10 oz Gold Coin?

If you are in the market to buy a gold coin, there is no cheaper way to do so than with a 1/10 oz gold coin. Because the spot price of gold underlies the value associated with any gold piece, the price you pay is roughly proportional to the fractional amount of gold in the coin.

Furthermore, even though they are small, 1/10 oz gold coins still bear the same purities and authenticities of the full size versions. They have the same designs and warranties - just in a much smaller package.

Whether you are a new or experienced precious metals investor or numismatist, 1/10 oz gold coins can be a great way to enter or stay “in the game” without breaking the bank. If your budget for gold investments is not robust, you might want to consider starting small.

Top 1/10 oz Gold Coin Producers

The 1/10 oz gold coin represents the smallest denomination offered for many sovereign mints. Nevertheless, they produce 1/10 oz gold coins in earnest, as they are immensely popular options for all manner of buyers. While the list below is not comprehensive, it is a virtual who’s who of sovereign mints that offer a 1/10 oz gold coin:

• The US Mint
• The Perth Mint (Australia)
• The Austrian Mint
• The Royal Mint (Great Britain)
• The Royal Canadian Mint
• The Bavarian Mint (Germany)
• The Mexican Mint
• The Chinese Mint

Each mint’s 1/10 oz gold coin bears the design found on all the coins in the series. However, there are a few 1/10 oz coins that receive their designs from coins first minted as silver coins, rather than gold. So, you might be able to find unique gold pieces within this small denomination that are simply unavailable in the larger sizes.

The purity of the 1/10 oz coin you receive varies according to the pedigree and provenance of the coin itself. The fine gold percentage can be anywhere between .900 and .9999, though other factors may influence the ultimate price of the coin.

Choosing the Right Dealer

If you have resolved to buy a 1/10 oz gold coin, you have many ways available to you. You can try a coin shop, a precious metals dealer, or even a pawn shop in your area. However, we want to urge you to consider buying online, as online dealers have many advantages over in-person vendors.

If you aren’t sure where to start your online search, we can recommend a few sites to you. These four sites bear sterling reputations and loads of experience with 1/10 oz gold coins (and most other types of precious metals), and they can guide you through the process and put you at ease when you make your first purchase:

• JM Bullion
• Provident Metals
• BGASC.com
• Silver.com

Now, to be fair, these four dealers aren’t the only reputable dealers out there. Regardless of whether you use one of them or someone else, however, you should investigate them to make sure that they have these five attributes:

• Sterling reputation - Take a look at the dealer’s ratings with entities like the Better Business Bureau or the Federal Trade Commission. There should be no red flags whatsoever, and, ideally, there are accolades about the dealer’s service. You can also check Google reviews or Reddit posts for more information.
• Wide selection - Even though 1/10 oz gold coins are cheaper than other gold coins, they are still expensive enough that you should get the exact coin you want. A dealer with a wide selection of 1/10 oz coins has a better chance of providing you the option(s) that you want.
• Competitive pricing - Buying gold is like buying a Rolex, in that you worry both about paying too much and paying too little. So, make sure to shop around for the best relative prices you can find, but be wary about any prices that seem too expensive (for obvious reasons) or too cheap (because there’s probably something else going on).
• Site/shipping security - Professional precious metals dealers actively take steps to protect their clients through all elements of their transactions. Investigate the site encryption software the dealer uses, and confirm that the dealer sends your coins to you via secure courier and with various protections attached, like insurance and unmarked packaging.
• Transaction convenience - Finally, you should be able to move smoothly through your transaction on the dealer’s site. The website should work quickly, and your coin should be on its way to you in no more than two business days. Furthermore, the top dealers are available around the clock, 365 days a year. You shouldn’t have to wait for daylight to buy a 1/10 oz gold coin.