Given the rising popularity of gold as an investment to hedge against inflation, gold coins from national mints, such as the American Gold Eagle, Canadian Gold Maple Leaf, South African Krugerrand and Australian Gold Nugget, have soared in popularity, given the trustworthiness and recognition of national mints. While gold bullion from private mints is also popular, the coins produced by the national mints attract more collectors who hope that, over time, their coins will increase not just in the value of gold but also in their numismatic value.
American Gold Eagle
The United States Mint started minting the American Gold Eagle in 1986. Gold Eagles are offered in denominations of 1/10 oz, 1/4 oz, 1/2 oz and 1 oz. The face values of these coins range from $5 to $50. The coins contain 91.67 percent gold purity, making them 22 karat. The obverse of the coin features a design of Lady Liberty similar to that used on pre-1933 American one ounce gold coins, and the reverse features a male and female eagle. [Read More]
Canadian Gold Maple Leaf
The Canadian Gold Maple Leaf was first introduced in 1979 by the Royal Canadian Mint. Gold Maple Leaves are offered in denominations of 1/20 oz, 1/10 oz, 1/4 oz, 1/2 oz and 1 oz. The face values of these coins range from $1 to $50. The coins minted from 1979 to 1982 contain 99.9 percent gold purity, and afterwards they were made with 99.99 percent gold purity. They are thus 24 karat. The obverse features Queen Elizabeth II, and the reverse features a maple leaf. [Read More]
South African Krugerrand
The South African Krugerrand, first minted in 1967, was the first gold bullion coin minted for private ownership, and for this reason gained international popularity among coin collectors and gold investors. Krugerrands are minted by the South African National Mint Company. Krugerrands are offered in denominations of 1/10 oz, 1/4 oz, 1/2 oz and 1 ounce. The coins contain 91.67 percent gold purity, making them 22 karat. The obverse features the former South African president Paul Kruger, and the reverse features a springbok antelope. [Read More]
Australian Gold Nugget
The Australian Gold Nugget was first minted in 1986 by the Perth Mint. Gold Nuggets come in denominations of 1/20 oz, 1/10 oz, 1/4 oz, 1/2 oz, 1 oz, 2 oz, 10 oz, 1 kilo and 1 ton. The face values of the coins range from $5 to $1,000,000. They contain 99.99 percent gold purity, making them 24 karat. The obverse features Queen Elizabeth II. From 1986 to 1989, the reverse of these coins featured gold nuggets, and afterwards the reverse began featuring kangaroos. The Perth Mint also makes other gold bullion coins.
Given the constant devaluation of national currencies as nations print their way out of debts, gold coins, especially those from national mints, are likely to increase in value in the long run. The advantage to having these coins is that they are recognized internationally, making them especially liquid in case of an emergency.
For a more detailed list of gold bullion coins, we highly recommend checking out Gold Sherpa’s list here: http://goldsherpa.com/goldbullion/