The value of gold as a precious metal worth investing in has only increased over time. For thousands of years, the metal has served as a commodity of value. Bullion gold investment is one of the safest and most risk-free investment options across the globe.
Having said that, if you plan to invest in a gold coin, it is important to know the best gold coins to buy at the moment. Whichever coin you buy, you are likely to receive the benefits of investing in gold, such as hedging against inflation, incremental value, high returns on investment, and more. The type of coin(s) you purchase quantifies these benefits and gives you a clearer idea of what’s in store.
The first quarter of 2024 is coming to an end. If you wish to invest your money well, here are ten of the best gold coins to buy in 2024:
Produced by the US Mint, American Eagle Gold Coin remains one of the best coins to buy in 2024. This coin continues to occupy the first position in the list, thanks to its quality and legacy.
Popular worldwide, a 2024 Gold American Eagle Coin depicts Lady Liberty on the front and a bald American Eagle on the back, designed by Augustus Saint-Gaudens.
Issued by the Royal Canadian Mint, the 2024 Canadian Maple Leaf Gold Coin is another globally popular gold coin you should invest in. With .9999 fine gold, it is considered one of the purest official gold coins across the globe. This also makes it one of the best gold coins to buy in 2024 if you are looking for impeccable value.
The coin features a single maple leaf on the front and a portrait of Queen Elizabeth II of Canada on the back.
Known especially for its artwork which is a rendition of the renowned 1913 Buffalo Nickel, the 2024 American Gold Buffalo coin is another popular investment option this year. On the front, it features a Native chief’s detailed profile. Its reverse features an American buffalo. With a purity of .9999, this is easily one of the best gold coins to buy in 2024.
Produced by the Perth Mint, the Kangaroo series of coins remain some of the best coins to buy in 2024. The 2024 Australian Kangaroo Coin comes with a face value of 100 AUD and .9999 fine gold. It features a large kangaroo that is about to jump over a creek bed. It also includes a water tank and a windmill.
With high liquidity potential and value, the 2024 British Britannia Gold Coin Coin is a potent investment option. These coins are issued by The Royal Mint and are considered some of the world’s most secure coins. On the front, the coin features the depiction of Britannia with a trident representing her naval history. With a change in perspective, this trident changes to a padlock.
On the coin’s reverse, we see waves and tincture lines highlighting minute details, such as the Union flag. The specific pattern of the flag enhances the coin’s security.
Known for its high resale value and purity, the 2024 Austrian Gold Philharmonic Coin is a much sought-after bullion gold investment option. The tax-free coin is the only gold bullion coin that is issued in Euros, produced by the Austrian Mint.
One side of this highly valuable coin features various musical instruments belonging to the famous Austrian Philharmonic Orchestra. The other side features Vienna’s Golden Hall.
The South African Krugerrand is known for being the first gold bullion coin in the world. It has remained one of the most favorite gold coins to buy outside of the US. The coin is also one of the more cost-effective investment options.
The coin’s obverse carries the depiction of Paul Kruger, the first and only president of South Africa. It also features “South Africa” written in English and Afrikaans.
The coin’s reverse features weight and year along with an image of a springbok antelope, South Africa’s national animal.
This coin is minted by la Casa de Moneda de Mexico, one of North America’s oldest mints. It is designed similarly to the famous Centenario, a 50 Peso Gold Coin. While its obverse features the Mexican shield, its reverse showcases Mexican volcano peaks with Winged Victory in between. The artwork on the coin represents the Mexican culture, further increasing its value.
2024 is the year of the dragon, and this coin features the lunar zodiac’s fifth animal. Known for its innovative engravings, this Lunar gold coin series continues to carry some of the best gold coins to buy for investment.
The coin’s obverse features the Jody Clark Memorial of Queen Elizabeth II along with the dates of her reign. On the reverse, it features a Chinese dragon along with waves and fog, depicting the dragon’s control over the elements.
Ending our list is the prestigious Scottsdale Mint EC (Eastern Caribbean) Gold Coin Series. Issued by the Scottsdale Mint, these coins represent the eight Caribbean nations.
With .9999 purity, these coins become valuable investment options for bullion gold enthusiasts. The mint offers a new design every year, adorning the coins with depictions of native birds, country arm coats, sailing ships, and more. Other than this, the coins have every feature one would look for in an ideal bullion gold coin worth investing in.
Now that we have looked at the best gold coins to buy in 2024, let us understand what gives these coins the value for being so worthy:
Many of the coins mentioned above come with a government guarantee and can be used as legal tender. For example, the 2024 Austrian Gold Philharmonic Coin carries a face value of 100 Euros. Purchasing a gold coin serving as a legal tender gives you more security and increases the coin’s utility.
Each of the coins listed above are extremely pure gold coins with over 99% purity. For example, the 2024 Canadian Maple Leaf Gold Coin comes with a .9999 purity, giving you high investment value. Coins with high gold purity are likely to maintain their value with time, letting you make a secure investment.
Most of these coins also have historical significance, adding to their already high value. The 2024 American Gold Buffalo coin is a rendition of the famous 1913 Buffalo Nickel. The 2024 South African Krugerrand Gold Coin is the first bullion gold coin in the world. As time passes, a coin’s historical significance increases.
When a coin is high in demand and consistently carries high value, it gives you ease of sale. All the coins mentioned above have high liquidity values, allowing you to sell them whenever you are in need of money.
All the gold bullion coins discussed above give you multiple buying options. You can invest in these coins depending on your purchasing power and preferences.
Investing in gold bullion remains a smart investment option in 2024. Despite a host of investment vehicles around us, gold coins give you much-needed security and facilitate low-risk investments. If you are planning to enter the world of bullion investment or diversify your portfolio, start looking for the most suitable gold coin dealers right away.
Every coin mentioned in this blog is a safe investment option. Still, it is advisable to seek professional help before purchasing a gold coin in 2024. Qualified dealers and numismatics will help you make informed decisions, letting you make the most of your hard-earned money!
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