Gold coins constitute a simple, safe and beneficial way of investing in gold.
A standard gold coin weighs 1 ounce
Sizes of gold coins for investment purposes start from 1 ounce. 1 oz coins are the most widespread way of investing, which is why they are also easier to sell later. As 1 oz is a standard size for investment gold, they have the greatest demand in the secondary market and many coins acquire a numismatic value after the original runs have been sold out. Chinese Pandas and Australian Lunars are examples of coins that are likely to acquire a numismatic value and therefore cost considerably more than the mere price of the gold over time.
If 1 oz gold coins constitute the most reasonable investment alternative among modern coins, then older coins are available with the same favourable brokerage at a weight of 2.9 grams upwards.
Guaranteed by the government
Gold coins are issued by the treasuries of various countries, so they have their guarantee of purity and value. The People’s Republic of China has also agreed to purchase their gold coins back at any time, providing investors with an additional guarantee.
Hallmark or purity of the gold
Gold coins with a hallmark of at least 900 are considered investment gold. Gold coins made today are usually marked with a 999 hallmark (99.9% of gold). The purest coins have a 999.9 hallmark. 100% purity is impossible to achieve. The minute short-fall consists of various other metals existing in the coins (silver, copper, etc).