Best Gold Coins To Buy For Investment Uk

A favorite of investors and music lovers alike the philharmonic was the first european one ounce gold investment coin on the exchange.

Best gold coins to buy for investment uk.

Read on to find out about all of the best gold coins to buy for investment. Minted by the münze österreich ag the austrian mint it was the best selling gold coin in europe by 1990. It was the pound coin from 1816 after the great recoinage until 1932 when the uk finally abandoned. Now a standing lady the gold britannia represents the british royal mint s contribution to the 1 ounce means of investing.

In fact the oldest coin ever discovered was crafted between 610 and 600 bce and was made of electrum an alloy of gold and silver. Despite its use to denote second place in sporting competitions silver is an excellent first choice when it comes to investing in precious metals. This immediately made the coin very rare. 5 austrian philharmonic gold coins guaranteed by the republic of austria with an official euro legal tender status the austrian gold philharmonic is a great gold bullion coin value buy.

Silver has been used as currency since about 600 bce. The krugerrand contains 9167 fine gold with an alloy of 8 33 copper to bolster the gold durability. Production of this coin at the denver mint in 1916 yielded only 264 000 coins. As a means of legal tender she is not too shabby either carrying a 100 face value.

Selling off investment coins from less known mints could prove difficult. The gold sovereign used to be the pound coin. Imagine that a pound coin made of solid gold. However one ounce gold bullion coins such as krugerrands or britannias are by far the most popular for both small investors and high net worth individuals who see the advantages of owning legal.

All the philharmonic coins display the same design with only the mintage year changing. Lady britannia has been gracing coins since the first century and will remain a staple in gold bullion investors portfolios. Recommended as an excellent investment item for both new and experienced buyers krugerrands are generally liquid on the open markets worldwide. Favoured by investors looking to benefit from its capital gains tax exempt status the one ounce gold britannia is the most cost effective way to invest in british tax free gold coins with sovereigns attracting slightly higher premiums due to their higher manufacturing costs.

More krugerrands have been purchased than all other 1 oz gold coins available on the market. The gold american eagle with a face value of 50 us dollars is one of the single most prolific gold coins today.