The Best Gold Coins for Starting an Investment (2024)

No matter the state of the world economy, gold is always a wise investment because its value is relatively stable. The price of gold hasn’t dropped below $1,000 per ounce since 2008. For people who would like to invest in precious metals, gold coins are a great starting point.

What’s the Best Way to Start Collecting Gold Coins?

Starting a gold coin collection for investment purposes can be intimidating. There’s a lot to learn. No one should begin buying or selling gold coins without doing enough research to understand how the market works. Then, collectors should become familiar with common terms in the industry, such as bullion, numismatic value, mint marks, etc. Whether they’re local or online, finding a trustworthy coin dealer is another valuable asset.

The Best Gold Coins to Invest in

After learning the basics, investors should consider buying gold coins that are widely traded and in demand. These five well-known, easy-to-value coins are an excellent addition to any portfolio.

The American Gold Buffalo

This coin is a rendition of the famous 1913 Buffalo Nickel, and it depicts a Native American chief on one side and an American buffalo on the reverse side. It’s minted from 99.99% gold, making it the first 24 karat gold coin issued by the U.S. Mint.

The Gold American Eagle

With Lady Liberty on one side and an eagle soaring above a nest on the other, the Gold American Eagle is easily recognizable. It’s very popular and available in several different sizes.

The Austrian Philharmonic

This coin offers an easy route into the European coin market. The one-ounce Austrian Philharmonic coin has a face value of €100, which makes it easy to trade. Like the Gold American Eagle, it’s also available in a few different sizes.

The Canadian Gold Maple Leaf

Introduced in 1979, the Gold Maple Leaf is another 24 karat gold coin. It features Queen Elizabeth II on one side and a maple leaf on the other. Since 2013, the Royal Canadian Mint has added a miniature, laser-engraved maple leaf as an additional authentication feature on the same size as the larger maple leaf.

The South African Krugerrand

When it was initially minted in 1967, the Krugerrand was one of the only ways that individuals could invest in gold. It was hugely popular and accounted for over 90% of all trade in the international gold coin market in 1980. To this day, the Krugerrand is a widely traded and easily recognizable coin.

If you’re interested in building a gold coin collection as an investment, is the best place to start. We can provide you with the information you need to begin building your collection.

We offer competitive, transparent rates to make buying or selling your rare coins as easy as possible. To learn more about collecting gold coins, call us today at (404) 236-9744.