Gold bullion coins are increasingly becoming one of the most popular ways to invest one’s money. Dozens of nations mint their own coinage to promote pride and patriotism within the country as well as to stimulate their internal economies. Some coins become household names while others die out after a year or two due to lack of investor and/or collector interest.
Not all gold bullion coins are created equal. Some are 22 karat coins while others are 24 karats, or .999 pure gold. Coins like Chinese gold Pandas and the Australian Lunar Year coins are highly sought after by collectors because of the constant design changes they undergo, and other coins (i.e. South African Krugerrands and gold Buffaloes) are prized for their low premiums over the market spot price.
Without further adieu, below we have listed the top 5 most popular gold bullion coins based on total sales in USD.
5. Gold Austrian Philharmonic gold bullion coins
Minted as a tribute to the world-renowned Austrian Vienna Philharmonic Orchestra, this piece was not only the first gold bullion coin to be denominated in euros but is also the most popular gold bullion coin in all of Europe. Minted in pure 24 karat gold, the Philharmonic is available in weights of 1 ounce, 0.5 oz., 0.25 oz. and 0.1 oz. with faces values of €100, €50, €25 and €10, respectively.
4. Canadian gold Maple Leaf coins
Canadian Maple Leaf gold bullion coins have long been known for two things: unquestionable purity and low premiums. Available in .9999 and .99999 purity, America’s neighbor to the north mints Maple Leaf bullion in four standard weights (1 ounce, 0.5 oz., 0.25 oz. and 0.1 oz.). Interestingly, the Royal Canadian Mint even offers buyers the opportunity to own a 100 kilogram (220.5 lb.) version of the coin, with a face value of $1,000,000 and a price tag of approximately $4.3 million (USD).
3. South African Krugerrand gold coins
The South African Krugerrand gold bullion coin was first minted in 1967 but due to the US ban on gold bullion ownership at that time sales remained low for the first decade. By the early 1980s, however, approximately 8 out of 10 investors who owned gold bullion coins held “Krugs”. The coin’s name was derived by combining “Kruger” (the first Boer president of the South African Republic), and “rand” (the name of the South African currency). The coin’s obverse bears the image of Paul Kruger and the reverse of the coin features the springbok, a famous national symbol of South Africa. In addition to the standard one ounce version, the South African Mint began making Krugs in 1/2 oz., 1/4 oz. and 1/10 oz. weights in 1980. Overall, the South African Mint has sold over 50 million ounces of Krugerrands.
2. Gold American Buffalo coins
The US Mint began production of gold Buffalo coins in 2006 and the coins have been huge sellers each year since. Featuring an American Buffalo on one side and an American Indian on the other, the coin is a tribute to older US pieces such as the Buffalo nickel and the Indian Head gold coin. Buffalo gold bullion coins are the first ever .9999 fine, 24-karat gold coins to be struck by the US Mint. These coins carry one of the lowest premiums over spot value of any pure gold coin, and besides being minted in four weights Buffaloes are available in bullion form as well as in a Proof variety.
1. American gold Eagles
American Eagle gold bullion coins are not pure gold and they have a relatively high premium but US citizens’ desire to buy US-made gold push these coins to the top of our “Most Popular” list year after year. Fashioned after the classic Saint Gaudens gold coins that were minted between 1908-1933, American Eagle coins feature the image of a striding Lady Liberty on the front with a majestic American Eagle on the back. Bullion Eagles are unique in that they are the only 22-karat gold coins that can be placed into retirement accounts, and their Proof counterparts are the only collectible coin that can be purchased with funds inside retirement accounts. Minted in four weights and available in bullion and Proof versions, the American Eagle series looks to remain perched on the top of our “Most Popular” list for years to come…IF our government can continue to afford the gold it costs to manufacture them.
Which gold bullion coins are right for me?
There are literally dozens of gold bullion coins to choose from in today’s market, and just because a coin is popular does not necessarily mean it is a good buy. If you are a gold coin collector or investor and would like to buy, sell or trade your pieces, call GoldCoin.net today at 1-800-300-0715 for a free, live quote as well as a complimentary copy of our new report, Insider’s Guide to Gold Coins: 2015 Edition.
To learn more about our policies on this matter, please call
1-800-300-0715 Ext. 303. Thank you.