Buy Gold Coins Closest to Spot Price

Buying Gold coins

Storing Wealth and Investing

Most people think of buying bullion and coins as an investment. There is certainly upside potential to turn a profit with bullion investments.

A more practical approach is to view precious metals as a store of value and wealth. Similar to a savings account at a bank, but without the bank. During troubling financial times it is important to have safe, stable assets in case of a financial emergency. Precious metals like gold bars are physical assets in many of the same ways as real estate or land. Though buying, selling and holding gold bars or coins is much simpler.

Buying Gold Bars and Coins

When shopping for gold bullion it is important to remember that it is a commodity. Today's gold spot price is based on buying a futures contract containing thousands of ounces. To buy gold at spot price requires an investment in futures and waiting for delivery. Premiums on smaller orders are higher than those with larger quantities.

Our price listings show the prices per coin, bar or round. The price displayed is for single quantity purchases from each listed dealer. Quantity discounts are usually available but will vary for each online bullion dealer.

Lowest Price for Gold Coins

Search for the lowest premiums on gold Coins and find the lowest dealer premiums for popular Gold bullion products. Our Closest to Spot tool displays gold coins and bars sorted by the lowest gold price per ounce over gold spot price. Investors interested in stacking gold bullion for weight will look for the best gold price per ounce closest to gold spot price.

Finding the lowest premium over spot price is especially important for investors who buy gold coins. Our gold price comparison tools will help find the Cheapest Gold Eagles, best prices for Chinese Gold Pandas, or the cheapest Mexican Gold Pesos and the cheapest Gold Krugerrands. This page shows the cheapest gold bars, lowest priced gold bars and the best prices on gold coins.

Buying Gold Coins and Bars

Gold continues to be a store of value and wealth and a key element for many looking for long term financial security. Gold investments are typically divided between coins and bars.

Gold coins are issued by sovereign governments and often include both modern and historic or antique bullion coins. Coins come in a variety of standard sizes and are measured using troy ounces and in fractions of an ounce.

Gold bars are most often from private mints. For many investors, 1 oz gold bars are a popular choice due to the wide availability and low premiums.

Fractional gold bars are the most popular and offer versatility and flexibility. Premiums for fractional gold bars are relatively higher. The smallest of sizes will have the highest premiums.

When investing in precious metals the most important factor is to buy with the lowest premiums. The lowest gold premiums can often be on gold bars and vintage gold coins.

Vintage gold coins offer tremendous intrinsic value as well as historic consideration. Popular historic gold coins for investors and stackers include Pre-1933 American Gold Coins such as the $20 Double Eagle and $10 Gold Eagle. Fractional gold coins like the 20 Francs and British Sovereign are affordable, easy to stack and at times have the lowest premiums of other fractional gold.

Vintage gold coins are a great investment. They are widely recognized and have a known purity and mintage, which makes them a cheap gold investment with regard to dealer premiums.

There are many modern gold coins that are minted for investors and the vast number of choices can make it difficult to decide. Typically, modern gold coins share similar characteristics.

• Modern coins, such as the Gold Eagle, Gold Maple Leaf or Perth Kangaroo are usually minted in .999 or .9999 purity.
• The weights of modern gold coins are measured in troy ounces and fractions of a troy ounce.
• Coins typically have a reeded or inscribed edge, though some modern coins, such as the Gold Philharmonic are minted with a smooth edge.
• Legal tender face value will be inscribed on newly minted gold coins with a few notable exceptions. For example, both the Libertad and Krugerrand are legal tender coins even though they do not show a nominal face value.
• Sovereignly minted coins are backed in full-faith by their respective governments for the purity, weight and legal tender value

Historic or vintage gold coins come in a variety of alloy compositions, with the majority being minted with alloys of .900 purity (21.6k) or greater.

Dealer premiums on vintage gold coins are often lower than those of modern gold coins. Great examples of low-premium gold coins include Mexican Gold Pesos, Gold 20 Francs, Gold Sovereigns and Pre-1933 US Gold Coins.

1 oz Gold Coins

Many governments produce pure gold coins annually for investors that have a weight that is one troy ounce.One ounce gold coins are excellent for investors and for stacking and all of the benefits of owning gold.

Historically, countries with gold backed economies have been able to evolve through the centuries with growth and prosperity. During the mid-20th century, the gold-standard slowly disappeared throughout the world with the introduction of and growth of the use of fiat currency. This began to occur in the United States in 1933 when the President issued an Executive Order declaring it illegal for private citizens to own gold with the swipe of a pen.

The Krugerrand 1 oz gold coin was introduced 1967 and helped to establish the modern global gold coin market for investors. Following the success of the Krugerrand, other coin programs were established such as the Libertad, Maple Leaf, Chinese Panda and American Eagle throughout the 1970s and 1980s.

During the 1990s, the Perth Mint established various gold coin programs, such as the Gold Nugget, Kangaroo, and Koala. The most prevailing series from Australia is the annual Lunar Series which remains trendsetting, stylish and the annual release continues to be all the rage with each subsequent generation of coins.

Modern coins are minted from gold that is refined to the purest known levels, typically to either .999 or .9999 purity. The variety of products available to investors, stackers, preppers and collectors has grown immensely in recent years.

Those looking for options to build a foundation for a secure financial future have popular choices from random year and current year coins. Random year coins from prominent government mints have had a proven track record of being an asset that can endure variable market conditions.