Investment-grade gold coins are the most popular way to own physical gold. They provide the most liquidity due to their wide recognition in bullion markets and are the preferred choice for many investors, given their purity and portability.
Gold Coins are official currency, and most are eligible for inclusion in a precious metals IRA due to their government backing them as legal tender.
When comparing the prices of gold coins, FindBullionPrices.com helps narrow your focus by weight denomination and other characteristics to find the best deal from trusted and reputable online dealers. You can filter the weight and type to help find the perfect gold coins for investment.
The list below includes the cheapest gold coins offered by trusted and reputable online bullion dealers sorted by the lowest premium.
Smaller denominations provide flexibility and 1/10 oz gold coins are one of the most liquid because they are more affordable than larger sizes. This weight denomination of gold coin allows individuals to invest in gold without committing a large amount of money at once and are perfect for buying at regular intervals.
The small size of each coin certainly easy to stack and the melt value of each tenth oz gold coin is $331.27 based on today's gold price. The melt value is just an indication of the minimum value as premiums for each coin will vary, and dealers will often pay a higher premium for coins when you sell them back.
Tenth ounce gold coins are small and tubes of up to fifty coins are available. Some investors chose to buy 1/10 oz gold coins at regular intervals because of the budget friendly price point. Following this strategy, buying two coins per month and within one year you'll own 2.4 troy ounces of gold.
Based on today's spot gold price, each tenth ounce gold coin is worth $331.27 based on the melt value. Buy back prices vary based on dealer, but most will buy gold coins for a premium over spot.