What is the Best 1 Oz Gold Coin to Buy?
The American Eagle coin is a timeless classic and highly valued among US investors due to its high liquidity in domestic markets; however, when traded internationally its liquidity decreases significantly.
The British Britannia coin is another attractive investment option for UK investors. At PS100 in face value, this bullion coin is exempt from capital gains tax (CGT).
Krugerrand
The Krugerrand is one of the top 1 oz gold coins to invest in outside of the US. As one of the first modern bullion coins ever produced, it remains a highly desirable option worldwide. On its obverse is President Paul Kruger with “South Africa” stamped across it while its reverse depicts springbok, South Africa’s national animal. Renowned for its orange sheen and durability with high copper content lending more strength than competitors such as Canadian Maple Leaf coins; unlike many bullion coins it does not have an associated face value and instead is tied directly to market price fluctuations of gold bullion market price fluctuations rather than its face value being tied directly.
The coin was first issued for circulation in 1967 after economic sanctions against South Africa during apartheid were lifted, and quickly gained wide adoption after their introduction.
Investors tend to favor Krugerrand due to its longstanding history of quality and liquidity. It’s one of the world’s most-recognized coins and easily accepted by dealers worldwide, making it ideal for diversifying investment portfolios and easy selling. Gold bars also make an excellent way of investing precious metals securely over time.
Canadian Maple Leaf
The 1 oz Canadian Maple Leaf coin is one of the most beloved government-minted gold bullion coins available, made with 0.999 pure gold and featuring an image of Queen Elizabeth II on one side and stylized maple leaves on the other. Each coin also comes equipped with MINTSHIELD surface protection to reduce milk spots on its surface.
As with other gold bullion coins, the Canadian Maple Leaf is legal tender, with its face value fluctuating based on gold’s spot price. Issued annually by the Royal Canadian Mint, it provides an ideal option for both experienced investors and newcomers.
The Canadian Maple Leaf comes in fractional sizes that include 1/20 oz, 1/10 oz, 1/4 oz, 1/2 oz and 1 oz gold bullion coins, with added security features that protect investors and collectors. These features include micro-engraved maple leaves and radial lines which make counterfeiting difficult.
Gold bullion coins not only offer high purity and recognizability, but they can also provide other advantages: longevity, liquidity, corrosion resistance and low premiums. However, capital gains taxes may significantly affect investment returns so it is wise to consult a tax professional prior to making any decisions about investments.
Sovereign
Gold Sovereigns are an excellent investment choice for those seeking to diversify their portfolio with precious metals, and are widely recognized and offer high levels of authenticity. Available in varying weight options including 1 oz, they’re an attractive way to diversify your portfolio with precious metals. Sunshine Minting has manufactured gold bars that come equipped with certificates of authenticity, serial numbers and weight and purity requirements that investors can find the perfect size bar to suit their investment needs.
Before investing in gold bullion, it is crucial to carefully consider factors like corrosion resistance, premium appreciation and any potential capital gains tax when selling assets. For the best advice tailored specifically to your investment goals and strategy, consult with a reliable precious metals dealer and financial advisor.
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