Compare prices from trusted and reputable online precious metals dealers to find the lowest premiums on popular investment-grade gold coins from the US Mint, Royal Canadian Mint and Royal Mint. The cheapest prices for each product are highlight in green.
Spot Gold Price: $2043.30
|1 oz Eagle||1/10 oz Eagle||1 oz Maple Leaf||1/10 oz Maple||British Britannia||1/10 oz Britannia|
|Silver Gold Bull||$2122.21||$238.22||$2097.21||$234.22||$236.22|
|Money Metals Exchange||$2180.00||$293.49||$2136.65||$271.70||$2153.40|
Modern investment gold coins are gold coins minted by government or private mints that are specifically designed for investment purposes. These coins typically contain high purity gold, are widely recognizable, highly liquid and are traded globally in the precious metals market.
After the prohibition on gold ownership ended in the 1970s a variety of government mints began issuing bullion coins to provide investors with a trusted store of value and wealth. These modern gold coins are issued in various denominations, with each having a legal tender denomination. Investment-grade gold bullion coins are typically .999 fine gold or higher.
There's a significant global market for investment-grade bullion. As legal-tender, these gold coins carry a guarantee for their weight and purity by their respective governments, which gives investors confidence in the product and makes them highly liquid anywhere in the world.
Gold is typically used to diversify an investment portfolio and as a ‘safe-haven’ due to its track record of maintain a high value relative to the dollar. Traditional investments are effected during times of economic uncertainty and geopolitical upheaval, which leads to the soaring appeal of gold as an investment and store of value.
Gold Coin Prices are largely driven by commodities trading in futures markets happening around the clock. A gold coin may be worth more than the basic metal value with various factors such as collectibility, numismatic premium and other market factors having influence on price. With constant fluctuations in price against the dollar, when you're ready to buy, it is important to find the cheapest gold coin prices.
Gold Eagle coins are the most logical and practical choice for most investors. These gold coins are issued by the US Mint and are legal tender in the United States. The face values of the coins are significantly less than the intrinsic value of the gold. Four denominations are available including 1 troy ounce, 1/2 oz, 1/4 and 1/10 oz.
American Eagle gold coins are minted with 22 karat gold. Easily compare online dealer prices to find the cheapest gold eagles.
The Maple Leaf gold coin was the first investment-grade bullion coin minted to .9999 purity standards. The series from the Royal Canadian Mint includes more denominations than any other which offers options that are budget friendly at all price points. Perfect for bullion investors.
Investors are drawn to gold maples for their purity and reputation, but find that the lower dealer premiums that are available online can help lower the dollar-cost average of their investment.
The Britannia gold coin is minted with .9999 fine gold and includes the four standard weight denominations most common amongst sovereign mints.
The Britannia gold coins issued beginning partway into 2023 feature a portrait of King Charles III. Prior to that, some coins issued earlier in the year included a portrait of Queen Elizabeth II.
The Royal Mint has already begun issuing 2024 mintage year coins. These 2024 Britannia Gold Coins are currently available from trusted and reputable online bullion dealers for immediate shipment.
Many dealers trade gold coins with a different prices for bid price and ask price. The bid is the price at which the dealer is selling the particular coin, while the ask is the price that the dealer is willing to pay when they buy gold coins from investors.
When shopping for gold coins to add to your investment portfolio, an important step is to compare bid prices from a variety of trusted dealers, both locally and online. Prices for the same gold coins can vary based on the premium, or markup, that each dealer is charging above the current spot gold price. The premium is just one of the factors that helps determine the intrinsic value of each gold coin.
Bullion coins are typically sold very close to the current spot price of gold with a moderate premium based on supply and demand. Coins like the American Gold Eagle, Canadian Gold Maple Leaf, or South African Krugerrand are examples of widely recognized bullion coins. Buying these coins may offer a lower premium over the spot price compared to numismatic or collectible coins.
Buying pre-owned gold coins from the secondary market is often more cost-effective than purchasing newly minted ones. Secondary market or random year 1 oz gold coins often have the lowest premiums and will be the cheapest gold coins. Secondary market gold coins from random years may contain signs of handling such as fingerprints, smudges or minor scratches. However, this does not have any impact on the intrinsic value of the gold.
The value of gold bullion coins is based entirely upon the weight and purity of the gold. Secondary market coins are essentially circulated gold coins which were minted in previous years and were initial bought by investors in the year they were minted. At some point since, those coins were sold back to a dealer by the investor. These coins are bought, sold and traded often and are one of the cheapest and most liquid investment choices. Random year 1 oz gold coins and fractional gold coins have the same intrinsic value as current year coins but with a lower premium.
Comparing prices helps you understand the current market value of modern investment-grade gold coins. Price transparency is helpful way to ensure that you are not overpaying when buying or receiving less than the fair value when selling. By comparing prices, you can identify the best deals and potentially save money. Different dealers and sellers offer the same gold coin at varying prices due to factors like premium, fees, or discounts. Comparing allows you to find the most cost-effective option.