have been used throughout the human history as money and wealth storage. Gold coins and gold
were used as money until the beginning of 20th century, when fiat currencies took over as a primary form of money. The truth is that for many investors today gold coins and gold bullion remain the best way to preserve their capital.
Bullion Gold Coins
Bullion Gold Coins are one of the easiest ways to invest in gold. In contracts with the rare gold coins, the bullion gold coins are meant to be a mainstream investment vehicle for gold, thatís why they are priced slightly above the value of the gold used to make the coin. Bullion Gold Coins are produced in different weights, but the most popular weights are 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, 1/20 oz (troy ounces). Usually the smaller gold coins come with higher premium over their gold content.
The first modern bullion gold coin, which was price at a very small premium over the price of its gold content, was the South African Krugerrand
. The Krugerrand was first struck in 1967, with gold content of 1 troy ounce. The Krugerrand is produced with 22 karat gold (91.67% gold and 8.33% copper), thatís why the actual weight of the 1 troy ounce Krugerrand is 1.0909 troy ounces, from which exactly 1 ounce is pure gold.
Canadian Gold Maple Leaf
The Canadian Gold Maple Leaf
is struck by the Royal Canadian Mint and it has a gold purity of 24 carats. The Canadian Gold Maple Leaf doesnít contain copper or any other base metals and is produced from pure Canadian gold. The Canadian Gold Maple Leaf is the official gold bullion coin of Canada.
The Canadian Gold Maple Leaf was first produced in 1979 and quickly became a better alternative of the South African Krugerrand. The Gold Maple Leaf is produced in several different sizes with the same design except for the face value of the coin and its weight - 1/20 oz, 1/10 oz, 1/4 oz, 1/2 oz, and 1 oz. The Maple Leaf Gold coins are legal tender in Canada, but the face values of the coins has nothing to do with the real price of gold (the face value of the Gold Maple Leafs is much lower than the value of the gold the coins contain.
American Gold Eagle
The American Gold Eagle is produced by the United States Mint, and the first American Gold Eagle coins
were coined in 1986. The American Gold Eagle coins are produced from 22 carat gold in several different sizes and weights - 1/10 oz, 1/4 oz, 1/2 oz, and 1 oz (troy ounces). Because of the additional metals used in the American Gold Eagle, the actual weight of the 1 troy ounce coin is 1.0909 troy ounces, from which exactly 1 ounce is pure gold. The American Gold Eagle is the official US gold bullion coin made from gold mined in US only.
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