Bullion Gold Coins
Countries and private entities also produce
gold bullion in a round shape that resembles a coin. Some of them look like coins, but they are not coins since they do not carry a monetary value. Others are considered coins, but derive their value from their precious metal content and are not intended for common circulation with in a country's economy.
Gold bullion coins come in sizes starting as small as 1/25 troy ounce, 1/10 troy ounce, one quarter troy ounce, half a troy ounce, one troy ounce and as large as five troy ounce sizes. Some gigantic novelty gold coins have been made that weigh up to one troy ton of gold.
For the small investor that is not looking to purchase gold that has numismatic value, gold bullion coins issued by a predominant country or respected private entity would be the ideal choice. These include: U.S. Gold Eagles, U.S. Gold Buffaloes, South African Krugerrands, Canadian Gold Maple Leafs and Austrian Philharmonic gold bullion coins. There are variety of sizes that can be purchased for a reasonable premium over the spot price of gold.
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