Gold Coins Collection
Nearly 800 coin denominations are produced by over 100 gold mints around the world. The first gold coins were minted in the Kingdom of Lydia (now Turkey) around 600 BCE. These coins were made from electrum and are considered some of the best gold coin collection. Evidently, gold coins come with significant historical background and are desired by collectors and investors.
Whether you're an experienced numismatist or have just started collecting gold coins, we'll help you make informed decisions before you buy gold.
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The History of Gold Coins
Gold coins have been used as a form of currency and a store of value for centuries. From ancient civilizations to modern times, gold coins have played a significant role in trade, commerce, and wealth preservation.
Understanding the Different Types of Gold Coins
Gold coins come in various types and designs with unique characteristics and historical contexts.
When looking at options for gold coin collection, you might encounter unfamiliar terms such as "1 oz", "1/4", "1/10", and "999.9", which refer to the weight and purity of the coin. They can describe the coin's fractional size compared to the standard-size version.
Here is a breakdown of these so you can distinguish between each type and navigate the world of gold coins.
- A 1 oz gold coin has one troy ounce of gold, which is around 31.10 grams. The troy ounce (oz) is the standard unit of measurement for precious metals. These coins typically have larger dimensions and weight than their fractional counterparts. Their worth is also directly linked to the current gold market price. Some well-known examples include the Gold Britannia, American Gold Eagle, and Canadian Gold Maple Leaf.
- A 1/10 oz gold coin contains a tenth of a troy ounce of gold, roughly 3.11 grams. These coins are more affordable for investors looking to buy gold in smaller units.
- A 999 gold coin refers to the purity of the coin. 999 gold is seen as the best purity of gold and is also referred to as 24 karat. It can also be written 999.99 or 999.99‰. This means 999 parts of a coin are gold. Pure 999 gold is suitable for alloying or investment purposes in bullion coins and bars.
The Best Gold Coins Collections
Certain mints are renowned for their exceptional craftsmanship and iconic designs when collecting gold coins. Some of the best gold coin collections from around the world are listed below.
United States Mint
The United States Mint has a rich heritage of producing high-quality gold coins since 1792. With a wide range of designs, including the iconic American Eagle and historical series such as the Saint-Gaudens Double Eagle, the United States Mint offers a diverse gold coin collection that appeals to collectors and investors.
It also mints commemorative coins and medals to celebrate and honor American people, places, events, and institutions and oversees the production of coins and medal dies. Explore the exquisite beauty and numismatic significance of United States mint gold coins.
Some of the most famous gold coin collections from the United States Mint are:
- The American Eagle gold coin
- The Buffalo gold coin
- The American Liberty coin
Monnaie de Paris (French Mint)
Monnaie de Paris was established in AD 864 and is the world's oldest minting institution operating continuously. It's the official mint of France with a long-standing tradition of minting exceptional gold coins.
Their collections feature stunning designs celebrating French culture, history, and iconic figures, including one of the most famous coins, the 20 franc Napoleon gold coin. Discover the elegance and artistic mastery of Monnaie de Paris gold coins to add to your gold coin collection.
The most notorious coin collection by the French Mint (Monnaie de Paris) are the Napoleon coins, which themselves come in different sub-collections:
Austrian Mint
The Austrian Mint is the national coin mint of Austria. It's one of the world's most renowned and oldest coin mints dating back to 1194 and famous for its commitment to excellence and precision in minting gold coins.
Austrian Mint produces all of Austria's Euro currency coins for circulation and also creates commemorative and bullion pieces.
The Vienna Philharmonic gold coin series is one of the most recognized and popular in the world for collecting gold coins. They're the only Euro-denominated bullion coins currently minted, making them a favorite across the continent.
Royal Canadian Mint
Established in 1908, the Royal Canadian Mint is globally recognized for producing gold coins of exceptional quality and innovation. From the iconic Canadian Maple Leaf series to unique commemorative coins, the Royal Canadian Mint offers a wide range of gold coins admired for their craftsmanship and purity. Explore the rich heritage and stunning artistry of the Royal Canadian Mint gold coin collection.
While the Maple Leaf gold coin collection is by far the most popular production of the Royal Canadian mint, they are also known for other collections such as their Queen Elizabeth II, and now King Charles III series, or their animal-themed series.
The Royal Mint
With a history dating back over a thousand years, The Royal Mint of the United Kingdom has a legacy of producing prestigious gold coins. It was established in AD 886 and is the U.K.'s oldest company and the official maker of British coins. The Royal Mint is also the world's global mint leader, producing coins and medals for around 60 countries annually.
Their collection features a blend of traditional and contemporary designs, including:
- The revered Britannia series
- The Sovereign gold coins
- and other special edition coins commemorating historical events.
South African Mint
The South African Mint was founded in 1890 and is responsible for minting all South African rand coins.
The South African Mint, including the world-famous Krugerrand, is celebrated for its iconic gold coins. As one of the most recognized bullion coins, the Krugerrand symbolizes South Africa's rich gold mining history and is a great addition to your gold coin collection. Explore the heritage and significance of South African Mint gold coins.
Discover the Krugerrand gold coin collection.
Swiss Mint
The prestigious Swiss Mint, known for its precision and commitment to quality, was established in 1848. They're responsible for manufacturing Swiss franc coins and bullion coins. Collecting gold coins from the Swiss Mint is highly sought after worldwide due to its excellent reputation.
From classic designs to innovative themes, Swiss Mint gold coins embody the Swiss reputation for excellence. Experience the beauty and craftsmanship of Swiss Mint gold coins.
The most iconic coin in the Swiss Mint collection is certainly the 20 Swiss Francs Vreneli coin, also known as the Helvetia gold coin.
Selling Your Gold Coins: What You Need to Know
If you choose to store with GOLD AVENUE, you can safely sell your gold coins at any time, GOLD AVENUE will buy them back instantly and at spot price.
There are no commission charges, and you won't be restricted to a minimum or maximum amount when you sell your coins.
It’s also advisable to keep an eye out on the current gold price and news about the current economic and financial world before selling your gold collection.