When you are looking to invest in gold, gold coins are an easier and better option. Gold is a precious metal that is used in many industries and is also an asset that is quite easy to liquidate. Gold coins have and will always be in demand.
- The gold market of today is diverse and it will keep growing. The World Gold Council has reported that the production of gold since the 70s has tripled whilst the amount if gold bought annually has actually quadrupled.
- Gold remains popular because it does not tarnish, does not require large storage spaces and the only tax investors pay is the sales tax- there is no capital gains tax.
- Gold remains popular because it does not tarnish, does not require large storage spaces and the only tax investors pay is the sales tax- there is no capital gains tax.
When you buy gold bullion melbourne, you have to think about the future. Who will buy the gold from you when you need to liquidate and which bullion coins are favored most by gold buyers?
- American Gold Eagle Coin
The American Gold Eagle coin was designed and first minted in 1986. The coin featured Lady Liberty holding her torch with her hair billowing in the air. She is engraved near the US Capitol building with a field of sun rays behind her and of course there are stars on the outer edge of the coin. On the reverse side of the coin there is an engraving of an Eagle family. The coins are guaranteed by the U.S government with legal tender ranging from $5 to $50. However, this is not what they are worth. The spot price of gold is the one factor that determines the value of these coins when they are being bought or sold. The U.S Mint announced that it would be redesigning the coins in 2021 to incorporate a number of security features.
- Canadian Gold Maple Leaf
The Canadian Gold Maple leaf bullion coin has been popular for a number of years. It is the flagship gold bullion coin for the Royal Canadian Mint. It has been giving the American Gold Eagle Coin a run for its money. One of the major reasons why this is a great option is the fact that the Royal Canadian Mint is a world-renowned mint, popular for the cutting edge technology it uses to produce its bullion products. The most significant technology advancement has been the Digital Non-Destructive Activation (DNA) technology they introduced in 2013. This technology employs a special reader that gives real-time authentication of all 1 oz. Golden Maple leaf coins produced after 2013. This is a technology that reputable gold bullion buyers or authorized dealers will have access to. The coin has a fineness of .9999 and is available in fractional sizes. The coins are guaranteed by the Canadian government which makes these coins a solid investment choice for novices and experts.
- Australian Kangaroo Gold Coins
The Australian Kangaroo nugget coin has been featured on many lists of the best bullion coins for investment. The proof versions of these coins are available in various sizes from 1/4oz to 2 oz. with prices ranging from 908.18 AUS $. These coins featured some of Australian gold nugget finds like the famous Welcome Stranger which was discovered in Victoria in 1869. They also feature the red Kangaroo which was behind the key inspiration for the coins just being called the Australian Kangaroo. This year marks the 35th anniversary of the first coins launched by the Perth Mint in 1986. If you are in Australia, buy gold bullion Melbourne to beef up your investment portfolio.
