Australian Small Gold Coins Overview
Gold coins are a favorite among gold investors for numerous reasons. Gold coins are produced by mints all over the world, and are available with a vast number of different looks and designs. Many gold coins feature designs that celebrate a nation’s landscape or wildlife. Australian gold coins, for example, feature numerous animal designs that pay tribute to various native species of the country. Although 1 ounce gold coins are a favorite among larger investors or those with a bigger budget, small gold coins have become more and more popular over the years. Today, there are numerous Australian gold coins that come in smaller weights such as ¼ ounce or ½ ounce.
The primary benefit to Australian small gold coins is their relative affordability. These coins are often available in a fraction of an ounce, making them relatively more affordable for smaller investors or those on a tight budget.
Popular Australian Small Gold Coins
Many popular Australian gold coins are produced by The Perth Mint. This mint is the largest precious metals enterprise in the country, and it regularly exports some $18 billion in gold, silver and platinum coins and bars to over 100 countries per year. The Perth Mint is also part of a select group of gold refiners who have accreditation from five of the major gold exchanges. The Perth Mint is recognized for meeting some of the highest quality standards that exist today.
The Perth Mint provides other services as well, including the world’s only government guaranteed precious metals investment and storage program.
When it comes to Australian small gold coins, investors have numerous choices. The Australian Gold Kangaroo coin may be a great choice for those looking for a smaller weight coin. The Australian Gold Kangaroo is available in several smaller weights including 1/10th ounce, ¼ ounce and ½ ounce. These gold coins feature the iconic kangaroo design as well as a profile portrait of Her Majesty Queen Elizabeth II. These coins are produced by The Perth Mint and are considered good, legal tender with varying face values based on weight.
These coins contain 999.9 percent fine gold, and are some of the finest gold coins available in the market today.
Certain gold coins may be eligible for purchase in an IRA account. Of course, you should consult your tax professional prior to making a purchase for an IRA to determine eligibility and to help ensure proper guidelines are followed.
Small gold coins are easily transported, and can be stored in a home safe, a bank safe deposit box or the depository of your choice.
Australian small gold coins may be particularly useful for those looking to diversify with many types and designs of coins. At a lower overall cost than 1 ounce gold coins, an investor may be able to purchase several different fractional coins for the same investment as a single 1 ounce coin.
Having some of the finest designs and highest purity available, Australian small gold coins are worth considering for any portfolio or collection.