Coin Collecting Information

Dave Simpson asked:


With all of the recent turmoil in the global stock markets, it is no secret that we are living in uncertain times. Many investors have recently sought to get out of the volatile markets and sink their money into safer options such as gold coins. . Gold prices hit $1000 on ounce earlier this year as investors plied their savings into stocks of the precious metal. World Gold Council figures show that investment in gold totalled 284 tonnes in the first quarter of this year alone.

Krugerrand coins or Gold Sovereigns are particularly popular due to their ease of purchase. Items such as Krugerrand coins, which individually are 1oz of pure gold, are easily available from such diverse places as on-line auction site EBay.. Many industry commentators are openly suggesting that investors buy stocks of gold coins as safe, long term investments.

When comparing your options for buying gold coins there are several factors to consider depending on which coin you are buying.

The main factor is to compare the percentage over the standard market gold price for each type of coin.

Sovereigns

Experts believe that Sovereigns are often worth paying the slight extra premium for. Sovereigns can be of benefit to investors as they are smaller and more attractive than some other coins. . Sovereigns are better known that some other types of gold coins, Krugerrand coins for example, and have the added advantage of being exempt from Capital Gains Tax if you live in the UK. It is suggested that if you can buy sovereigns within 2% of the price of Krugerrands coins that this makes them a better long term buy.

Krugerrand Coins

Perhaps the best known gold coins on the market today are Krugerrand coins. These one ounce solid gold coins are more easily available in greater quantities and can generally be bought at lower prices than any other. Not particularly attractive, when compared to sovereigns, they do not possess much in the way of historical interest. What they lack in looks, however, they make up for in high production quality and they are a cost effective way for small investors to buy gold.

Christina Goldman asked:


Austrian Philharmonic gold coins are one of the most beautiful and well crafted in the world. A gold bullion coin, these historic coins were minted in Vienna Austria, and like other coins minted in Austria’s impressive coin minting history of over 800 years, have become famous around the world as one of the most sought after and coveted of all gold bullion coins.

These 24 carat gold 99.99% pure coins are not only gorgeous in their beauty and design, but are sought after for such benefits as their reputation for being:

The best-selling coins in the world Struck in 99.99% fewer 24 carat gold Perfect in mint quality Exceptionally beautiful design of the Vienna Philharmonic Orchestra on one side and Vienna’s Golden Hall on the other Able to offer immediate resale gold market value

 

According to the World Gold Council, this coin was the best selling gold bullion coin for most of the 1990s, exceptional for a coin first struck in 1989. Vienna Philharmonic Austrian gold coins contain no alloyed metals. Minted in Austria by the Austrian mint, established in 1194, this coin contains both ancient beauty as well as a potential contemporary investment well into the 21st century.

The key factors of the popularity of these Austrian gold coins are:

Minted in one half, one quarter, and 1/10 ounce sizes 37 mm diameter Face value of 100 Euros or 2000 shillings

 

Exceptional detail in design and construction continues to make Austrian Philharmonic gold coins one of the most popular and sought after bullion coins in the 21st century. From the exquisite craftsmanship on the obverse and reverse sides of the coin to its continued value and reputation, this Austrian gold coin will continue to be a favorite among both investors and collectors for some time to come.