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Best Gold Coins to Invest In For 2024

Last Updated: April 7, 2024

Gold investing has increased dramatically over the last few years, leading to an influx of new investors wanting to get their hands on a list of the best gold coins to buy as investment pieces. Knowing the best coins will help you diversify your investments and improve your financial outlook.

Attention Americans 50 and Over:

Best Gold Coins for Investing

When searching for numerous gold bullion coins, knowing what is worth investing in and what you should leave alone is helpful. With so many coins on the investment market, it can be overwhelming for new investors worldwide.

We have researched carefully to help you discover the best bullion coins. It is our goal to present you with this information in a simple and systematic way so you can start investing in gold coin right away. Once you purchase your first gold bullion coin, you will be hooked.

The following list offers the best gold bullion for investment purposes. These will bring you the highest ROI and allow you to invest with confidence. These coin features make them irresistible to collectors.

Gold American Eagle

If you were to ask about the hottest American gold, the Gold American Eagle would be at the top of the list. This coin's design is based on Augustus Saint-Gaudens. This coin carries great value and is offered in multiple fractional sizes to meet the needs of a range of investors.

American Gold Buffalo

You should also consider investing in the American Gold Buffalo coin, based on the design of James Earle Fraser and his famous 1913 Buffalo Nickel. These coins have a .9999 gold fineness and are immediately recognizable by investors. This is one of the top collector coins in America.

Canada Maple Leaf

The Canadian Maple Leaf is another prime example of gold investments. This is a 24-karat baseline coin and a $50 legal tender. For many years, this was the main coin for investors because the American Buffalo was not minted until 2006. This coin offers .99999 fineness and has been minted since 1979.

South African Krugerrand

If you want to venture beyond what North America offers, the South African Krugerrand is a dream for gold buyers. This South African gold has been produced since 1967 and is made of 22-karat gold. The coin has 8.33% of copper, making it a more stable iconic gold coin.

Austrian Gold Philharmonic

The Austrian mint produces some of the most beautiful coins in the world. This Austrian Gold Philharmonic is one of the coins you need to add to your investment portfolio.

This is a low-mintage coin that outperforms both the Canadian Maple Leaf and Mexican Libertad. This coin has an affordable premium and allows you to start investing in European coins without stress.

British Gold Britannia

What started out with less purity has now improved. Since 2013, British gold Britannia coins have a .9999 fineness rating. Backed by the Royal Mint, these have excellent liquidity potential. These coins are also of premium value.

Gold Mexican Libertad

The Gold Mexican Libertad is one of the most popular coins in the world. It is often compared to the South African Krugerrand for its high level of collectibility.

Although there are numerous bullion coins on the market, the Libertad is one of the most beautiful and has a gold fineness of .9999. These coins feature the beautiful artwork of Mexico and are available in multiple fractional sizes, including 1/20, 1/10, 1/4, 1/2, and 1 ounce.

Gold Australian Kangaroo

The Kangaroo Series from the Perth Mint remains a popular option for gold investors. This series is highly coveted by collectors because of the beautiful artwork and .9999 fine gold.

Although there are undoubtedly other gold bullion coins on the market, the Kangaroo Series is a perfect example of beauty for coin collectors. The face value of these coins is $100 AUD.

Gold Chinese Panda

If you are looking for coins for investment, we urge you to check out the Gold Chinese Panda. We rank these among the best coins because they are in limited mintage and offer many fractional sizes, including 1/20, 1/10, 1/4, 1/2, one ounce, 5 ounces, and many more.

The unique size of this coin and its beautiful imagery are what make it prized among those who collect precious metals. The China Gold Panda is among the best gold coins to own.

Gold Somalian Elephant

The Somalian African Gold Elephant is also a gold sovereign coin people collect. This legal tender has a face value of 1,000 shillings. If you are purchasing physical gold, this coin is one of the best gold coin investments on the market.

This troy-ounce .9999 fine gold coin is one of the best coins to own. This coin is available in multiple fractional sizes, including one ounce, 1/2, 1/10, and 1/2 gram. Buying coins for investment allows you to diversify your investment portfolio.

Gold French Rooster

The best gold investment coins have a high level of pure gold and are available in multiple fractional sizes or have unique artwork. We count this coin among the best coins to buy as an investment because each coin contains 0.1867 of gold, the same as the British Sovereign.

Are gold coins a good investment? If you are choosing coins like the Gold French Rooster, the answer is yes. These coins were struck between 1899 to 1914, making them the oldest on our list of the best gold coins to invest in this year.

Gold Coin Prices Explained

When you begin buying gold coins for investment, you may be confused over the variety of prices. It is important to note that the price of gold is determined greatly by supply and demand.

When it comes to gold coin investing, you will find gold coins to be more expensive because they are considered more valuable than other bullion coins made of silver and other precious metals.

Many coins have a greater value because they were struck as commemorative coins and in limited mintage. The Gold Philharmonics, the British Gold Britannia, and the Gold Panda are all prime examples of this.

When purchasing American gold or coins from other countries, including a circulating coin, you need to understand the current market price for gold. For investing, gold coins take a concerted effort and consistent research so you can start buying gold coins as an investment without getting scammed.  Read more about the benefits and risks of investing in gold coins.

Bullion Vs the Most Popular Gold Coins

You need to understand the difference between investing in a gold bullion coin, which rises and falls in value, and rare collectible coins, which continue to hold their value despite changes in the market for investment in gold coins. Which are the best gold coins for investment?

For example, the American Gold Buffalo coins in circulation are going to have a much lesser value than those in pristine shape. You must learn how to buy gold coins safely. Gold content coins hold more of a historical or cultural value, making them produce a higher ROI than gold bullion at times. We recommend diversifying your investment with gold sovereign coins, Queen Elizabeth II coins, and bars. It is wise to learn which gold coins to buy for your money.

The premium you pay for the best gold coins to buy for investment could be thousands of dollars over the face value of the coin, depending on its mintage numbers, design, and age.

Understanding the Sizing of Gold Bullion Coins

These coins come in various sizes, which is one of the first things you will notice as a new collector of them. Just like bullion, coins come in various sizes that range from ounces to grams.

Although many investors pursue fine gold in the highest weights, there is nothing wrong with investing in coins with lower denominations. Some people invest in only gold bullion coin, while others choose a variety of options that feature silver and other precious metals.

Although larger Canadian Maple Leaf coins are more valuable, you may find it easier to liquidate lower denominations, should the need for money arise. Smaller denominations are also preferable for travel.

Should You Invest in Coins?

If you want to purchase gold, there is no easier option than coins, though many continue to choose gold bars. Investing in coins, like Lady Liberty, offers an excellent return on your investment.

Your goal should be to get the most gold for your money, whether you are purchasing a Canadian Gold Maple Leaf or an American Gold Eagle. A 1-ounce gold coin leads to a great investment strategy that protects your investment against inflation.

Which Investors Are Right for Gold Investing?

There are three types of investors: new, small, and large. We highly recommend new and small investors learn how to invest in gold coins. If you are new to investing, starting with smaller denominations allows you to get your feet wet.

What are the best gold coins to invest in for new and small investors? The answer to this question is the Gold Buffalo or the Canadian Maple Leaf from the Royal Canadian Mint because they are affordable and present a good investment.

Large investors are obviously going to invest in bullion gold coins and gold bars, but what are the best gold coins to buy for large investors? We highly recommend American Gold Eagles, African Krugerrands, and Gold Roosters. Choose the largest denominations you can afford and select the highest level of fineness.

Investing in Gold Coins: Pros and Cons

Pros

Cons

Are gold coins good investment? Yes. You may be wondering, “Is buying gold coins a good investment?” And while we cannot recommend it enough, we do give you a word of caution.

You need to educate yourself when finding the best gold coins to buy for investment. You need to ask yourself, “how much do gold coins cost,” and, “what gold coins should I buy for the greatest return on investment?”

Now, you know the answer to the question of if gold coins are a good investment. We have provided you with gold coins investments that will produce diversification. You now know gold coins as investment offer a high value.

Investing in Gold Coins: Pros and Cons

When it comes to gold coins investment, people often have a lot of questions – especially those who are new to investing in Black Diamond, Gold Eagle, and other coins, like the Maple Leaf. The following are some of the top questions new investors ask:

If you are looking for the best gold coin to invest in, the Gold American Eagle is tops for most investors. The Gold Maple Leaf is a solid second choice. Choose a coin from our list above and you cannot go wrong.

These coins are always a solid investment strategy because gold is not impacted by inflation or stock market crashes. Investing in gold coins diversifies your portfolio and gives you greater stability. Purchase the American Gold Eagle to get started or even the Gold Panda from Black Diamond.

The answer to this question depends on your budget. We recommend diversifying your investment with both.

If you are looking to invest in the best gold coin, we recommend those from the Royal Canadian Mint, such as the Canadian Gold Maple Leaf. The American Gold Eagle is also a solid choice.

Final Thoughts

Investing in coins from Australia's Perth Mint or the United States Mint is highly beneficial. Coins like this diversify your portfolio and retain or increase their value over time. Be sure to research to ensure you invest wisely.

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