What is the Best 1 Oz Gold Coin to Buy?
When selecting an investment opportunity with 1 ounce gold coins, an investor should carefully consider their goals and risk tolerance before selecting their coin of choice from popular options such as American Gold Eagles, Maple Leaves or Britannias.
Consider these factors when narrowing your choices:
1. American Gold Eagle
The American Gold Eagle first made its debut in 1986 and remains an industry standard today. Authorized by the Gold Bullion Coin Act of 1985, these 22k bullion coins feature designs inspired by Augustus Saint-Gaudens’ Gold Double Eagle coin from 1907.
The 1 oz American Gold Eagle coin is highly sought-after among investors as its weight and purity are guaranteed by the United States government. Furthermore, this legal tender coin boasts an affordable coinage when compared with other 1-ounce bullion coins of similar weight.
The Gold American Eagle comes in fractional sizes such as 1/4 and 1/2 oz gold coins. Its obverse features Lady Liberty from Augustus Saint-Gaudens’ original Gold Double Eagle coin while its reverse features Miley Busiek’s family of bald eagles designed by him.
2. Canadian Gold Maple Leaf
The 1 oz Canadian Gold Maple Leaf coin is one of the world’s most beloved pure gold bullion coins, boasting 9999 fineness for optimal investment and exposure to the price of gold.
The coin features the image of Queen Elizabeth II to honor Canada’s royal history, while its impeccable minting standards and condition make the 1 oz Canadian Gold Maple Leaf an outstanding addition to any collection.
BullionMax provides Canadian Gold Maple Leaves in multiple dates and designs, giving you plenty of choices to meet your investing goals. Each coin contains one troy ounce of 99.999 fine gold with an official government-backed face value of $50 CAD.
3. Gold Britannia
Gold bullion investors appreciate the Gold Britannia because it has long been recognized and revered around the world as a symbol of beauty, strength, and dependability. Furthermore, these British coins come with lower premiums than many competitors since being introduced into circulation in 1987.
These coins make an excellent investment choice because their capital gains tax-free returns in the UK make them tax-efficient investments. Furthermore, their built-in security features help deter counterfeiting – including trident waves moving up and down, and micro text on each coin reading “Decus et Tutamen,” meaning an ornament and safeguard.
The Gold Britannia displays Queen Elizabeth II’s final effigy as it has evolved over time with her age. These coins are produced by The Royal Mint from 0.999 fine gold.
4. Chinese Gold Panda
The Chinese Gold Panda coin series stands out from others by changing its reverse design each year – this makes them highly sought after among collectors.
These coins come in different sizes – even one ounce! Additionally, they boast the distinction of being struck from multiple mint locations around the country.
On the obverse of these coins is a depiction of Beijing’s Temple of Heaven – an iconic landmark known for its beauty.
Gold Panda coins can be an excellent way to diversify their portfolio with precious metals, but please note they do not meet IRA account eligibility requirements. Therefore, for best results consult a qualified financial advisor regarding what are suitable gold investments.
5. Vienna Philharmonic
The Austrian Philharmonic is the sole Gold bullion coin issued in Euros, and is guaranteed by the respected Austrian Mint. Many consider its low mintage coin more beautiful than both Canadian Maple Leaves and Mexican Libertadas; plus they come with an face value of EUR100 which makes them legal tender in the UK and provides capital gains Tax exemption.
Interested in adding 1 oz gold coins to your collection? If so, we suggest including Austrian Philharmonic or American Gold Eagle as two options to consider. Size shouldn’t always be the deciding factor when it comes to investing in gold coins – other factors like purity, design and history may increase their worth and should always be taken into consideration before making an ultimate decision. For best results we advise consulting an expert before making your choice.
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