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Types Of Gold Bullion Coins

Types Of Gold Bullion Coins

Gold has grown to be recognized as one smart way of protecting yourself from the uncertainties in the world of investment. People have learned to acknowledge the fact that gold coins are not as risky as stocks, bonds and paper money. That’s why gold investments have become the new rage all over the world – people are clamoring to safeguard everything that they hold essential through gold.

With the number of investment options that can be done using gold, too, choosing one which seems to work best for you is not hard. Gold coins like gold coins LA, gold bars, gold IRAs, and gold IRA rollovers are available for anyone who’s interested from a gold group. Those gold investments are proven to be ideal measures that a person can employ so that the future would be safe. Gold bullion coins, though, are a special set of gold products. Not intended for public circulation, they were specifically crafted to open the relationship between a person and a good gold investment.

Gold bullion coins are coins made from the precious metal gold. Different countries worldwide also have their own set of gold bullion coins. Australia has the Lunar Series I and the Gold Nugget, and had the Lunar Series II. Austria has the Philharmoniker bullion coins. Canada possesses the Gold Maple Leaf. China owns the Gold Panda. The 20 Francs Napoleon was present in France. Israel had the Tower of David. Malaysia lays claim to the Kihang Emas. Mexico minted the Centenario and the Onza. Poland produced the Orzel bielik. Russia crafted the George the Victorious set. South Africa has the Krugerrand. Switzerland went with the Vreneli. And United Kingdom minted the Sovereign and the Britannia.

In the United States, there are three types of gold bullion coins. And these American gold coins are:

Gold American Eagle. The American Eagle gold coins were issued first last 1986. They showcase Lady Liberty on one side, with her hair down and her stride purposeful. On the other side, there’s a nest of American Bald Eagles, which represents US strength and security. Protected by US laws, these coins are still in circulation today. They are also easily convertible to cash, and their price depends on the current spot price for gold. Thus, their value changes on a day-to-day basis.

American Buffalo. These gold coins were designed after the Indian Head nickel by James Earle Fraser. They show an Indian chief (who Fraser said was patterned after the features of three Indian chiefs who posed for him) on one side, and a bison or buffalo on the flip side. These coins were first offered to people on 2006. People who buy gold coins like these immediately realize that they made a good purchase, too, since these coins are pure 24-karat gold. And, they are also highly-desired by collectors, investors and enthusiasts.

American Double Eagle. Designed by St. Gauden, these coins are considered as the most important gold coin in the world. They feature Lady Liberty with an olive branch and a torch (symbolizing peace and wisdom, respectively) on the front and a bald eagle about to take off, with a motto “In God We Trust”. These coins were seized by the US government when the financial crisis was at its most intense point, and the few coins owned privately were further confiscated. There are no more American Double Eagle coins in existence, today.

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