There are numerous reasons why you should invest in gold coins. You can add them to your portfolio, account them into your Precious Metals IRA, or use them to counter inflation. The best part is that coins have a higher resale potential than bars or rounds. If you’re planning on buying gold coins, the following should be included in your list of choices.
5 Gold Coins to Buy Now for Maximum Payout Later
1. American Gold Eagle
Available in one-tenth, one-fourth, one-half, and one-ounce denominations, the American Eagle is popular around the world and is fairly easy to trade and sell. Its design features Lady Liberty, the Capitol building, and a nesting eagle. The coins’ actual worth follow gold indexes, which is why they are an essential keepsake for any investor or collector.
2. American Gold Buffalo
American Buffalo is the first 24-karat bullion coin from the US Mint. It was introduced in 2006 to compete with the purest foreign gold coins. It’s a rendition of the famous 1913 Buffalo Nickel, which features a majestic American buffalo on one side and a portrait of a Native American on its reverse.
3. Canadian Gold Maple Leaf
An iconic gold bullion coin produced by the Royal Canadian Mint, the Gold Maple Leaf is considered one of the best gold coins for investment. It has a .9999 gold purity and is a great choice for IRA savings. It also contains exclusive bullion security enhancements, so it’s impossible to be counterfeited.
4. British Britannia Gold Coin
Another must-have for collectors, Britannia gold coins are issued in one-half, one-quarter, and one-tenth of a troy ounce. Its design features the proudly standing Lady Britannia, and its face value amounts to $100 with a .9999 gold fineness. It is included in a precious metal IRA and is free of both VAT and capital gains taxes.
5. Krugerrand Gold Coin
The first ever gold bullion coin in the world, the renowned Krugerrand is considered a famous trademark of the South African Mint’s coinage excellence. Issued since 1967, these 22K gold coins weigh more than a troy ounce. Its design showcases the profile portrait of the first president of the country and a Springbok antelope.
If you’re looking for a distinguished authority on buying and selling gold coins, you can trust Hawaiian Islands Stamp & Coin. Based in Honolulu, HI, this shop also offers appraisals, authenticating, and grading services. You can bring in your stamps, paper money, gold and silver coins, or other collectibles. Call (808) 531-6251 or visit their website to see their stock of coins for sale.