What Are the Best Gold Coins for Investment?

What are the best gold coins for investment? This is a question asked by every investor who has ever considered gold bullion or gold coins for investment purposes, and the answer will vary depending on the investor. You may want to find gold coins for sale because of the high market value this metal has right now, or you may be in the market for a coin that has a high numismatic and historical value. Some older American Double Eagle coins minted before 1934 can be worth many thousands of dollars today because of their rarity. Some of these are older $20 gold coins, and they are very valuable because of their history not their gold content.

Many savvy investors believe that the best gold coins for investment are those like, for example, Panda gold coins, which are valued on their precious metal content rather than numismatic value. Many countries have introduced gold bullion coins, which can be great for investment for some but may not be preferred by others. One important tip when buying coins at an auction or from a private seller online is to learn how to spot fake gold coins. With the high market price of gold fakes are becoming more common, and can be a costly lesson if you make this mistake.

Typically if you are interested solely in the metal value of the bullion coins, not their numismatic credentials, you should stick strictly to bullion coins. In your case, the best gold coins might be low premium bullions like 24 karat Mexican Gold Libertads or 22 karat South African Gold Krugerrands available in one troy ounce sizes and several fractionals to serve all budget levels of investors. Stay away from proof editions since these might cost more compared to bullion strikes because the first ones are minted with more attention to their finish and edge details to create a more appealing look for collectors. Bullion strikes will carry much lower premiums and will allow you to acquire the best gold coins at the price as close as possible to the spot value of gold. Most precious metals gurus highly recommend you stick with 1 oz sizes opposed to fractional because the latter tend to be associated with higher premiums because they are more difficult to keep in stock.

However, a lot of American investors in precious metals feel that the best gold coins to acquire for your portfolio are the official gold bullion of the USA, the American Gold Eagle available in 22 karat purity 1 oz coins and several smaller sizes. Proudly embellished by all American Lady Liberty on its obverse and American Eagle on its reverse, this super scratch resistant coin preserves its original grade much better than its 24 karat counterparts like Canadian Gold Maple Leaf or Chinese Gold Panda coins.

The best gold coins for investment in your situation may be completely different from ones which are ideal for another investor. This is because the best gold investment will vary depending on what your ultimate goals are. Some investors want these coins to enjoy and display, while others are only interested in potential profit to the exclusion of other goals. The best gold coins for investment in your case are the ones that fit best with your goals and do not exceed your acceptable risk levels.