1 oz gold coins

1oz Gold Bullion Coins

For centuries, gold has been regarded as one of the most valuable metals in the world, with prices remaining consistently high. There is also no doubt that the amount of gold on Earth is decreasing, which could lead to further price increases in the long run. As a result, it is not surprising that an increasing number of investors choose to invest their financial resources in physical gold, specifically gold bullion coins.

Voltaire once stated that “Paper money eventually returns to its true value—zero.” Given the increasing number of turbulences in financial markets, it is safe to say that the current currency system based on fiat money is incapable of meeting the needs of the modern world.

Paper money eventually returns to its true value—zero

Regardless of which side we take, we will eventually come to the same conclusion: fiat money will always be just a piece of paper covered with pigment. So, how can we protect our capital from inflation, the effects of various types of financial crises, and other factors that cause our money to lose its value? One solution is to invest in gold bullion coins.

Gold Bullion Coins: What Are They?

Gold bullion coins are one of the first things that come to mind when we think of investing in gold. However, few people are aware of the origins of the word. The term gold bullion coins comes from the French word “bouillon” meaning boiling. The term refers to the early stages of mercantilism in Europe around the turn of the 15th and 16th centuries.

Gold has long been associated with wealth and has been present in culture since the beginning of time. After all, it was the lure of gold that drew prospectors willing to travel the world in search of ore deposits. Gold was also one of the three kings’ gifts to the baby Jesus, as well as a royal power symbol.

As a result, bullionism emerged as a natural result of appreciating the role of gold in human life – supporters of the trend believed that owning precious metals facilitated trade development and increased monetary income.

The Beginning Of Gold Bullion Coins – A Short History Of Gold

The beginning of the development of the gold investment market can be identified with the year 1967, when the first bullion coin in history, the South African Krugerrand – was issued. Curiously, the first issue took place four years before the complete abandonment of the gold standard.

Investment coins, also referred to as gold bullion coins, stand out for a variety of reasons that draw more and more investors each year. Aside from investment benefits, aesthetic values are influencing the growing popularity of investment coins. Investment coins made primarily of the highest quality gold are a response to even the most discerning investors’ needs. Investment coins showcase meticulous craftsmanship, intricate details, unique embellishments, and timeless elegance.

What Factors Should You Consider When Buying Gold Bullion Coins?

As the gold investment market grows in popularity, there are more and more products to choose from. So, how should an investor who has no prior knowledge about gold or precious metals be guided? The best solution will be to focus solely on bullion coins produced by the world’s largest mints. Choosing a refinery with LBMA accreditation ensures the highest quality and recognition in every corner of the world.

However, because most large mints do not sell investment coins to individual investors, you must find a reputable gold dealer.

Numerous entities on the market sell bullion, but not all of them have direct partnerships with the largest gold producers. As a result, Tavex is the best option as we are one of the few companies in the United Kingdom that is directly partnered with Perth Mint, PAMP, The Royal Mint, Valcambi, and Münze Österreich and others. You can read more about our partners from this article.

As a result, we can offer our customers not only the best price per gramme of gold, but also delivery within 24 hours. All gold bullion coins that we sell are physically stored in our vaults and come directly from the refineries and mints.

Gold Bullion Coins: Which Gold Coins Should You Choose?

Now that we’ve determined where to purchase gold bullion coins, we can move on to the important part: deciding which coin or coins to invest in. Choosing a recognisable bullion is as crucial as selecting the mint that produced the coin.

The most famous gold investment coins include:

• British Britannia gold coin,
• Gold coin of the Vienna Philharmonic,
• Canadian Maple Leaf gold coin,
• South African Krugerrand gold coin,
• American Buffalo gold coin.

Every gold coin we sell is widely recognised and accepted around the world by banks, financial institutions, and private individuals, ensuring its liquidity no matter where you are. Furthermore, each coin comes from a mint that is registered with the LBMA. Investing in any of these gold bullion coins, in essence, ensures international acclaim and acceptance.

Given that the prices of gold bullion coins do not differ massively, the investor’s interest and personal preferences are the main determining factors. Gold investment coins differ in alloy composition (admixtures of other metals to ensure resistance to unfavourable external factors), design, and manufacturer.

Examples Of Gold Bullion Coins

The South African Krugerrand and British Sovereign Coins are distinguished from the other coins mentioned above by their fineness; unlike the other coins, these coins are made of 916 gold. What does this mean in practise?

A one-ounce Krugerrand contains a small amount of copper in addition to pure gold, so the weight of the coin exceeds the weight of one ounce (by about 2.8 grammes). The coin still contains 31.1 grammes of gold, but it also contains 2.8 grammes of copper, making the total weight of the coin 33.9 grammes. The situation is similar in the case of the American Golden Eagle, which contains an ounce of gold as well as silver and copper.

At this point, it is worth expanding slightly on the impact of the content of other metals on a given investment coin. As is commonly known, gold is very soft and malleable, which makes it easy to damage. Thanks to the addition of silver and copper, resistance to unfavourable external factors increases.

This is not to say that other investment coins are not worth considering due to their fragility. In most cases, bullion coins are immediately placed in safes or other places designed to provide them with the highest level of security possible. Plastic tubes, in which mints and refineries place bullion coins before sending them to official distributors, provide additional protection. Tavex also includes a free protective transparent capsule with each coin.

Where Can I Buy Gold Bullion Coins?

Tavex naturally offers all of the above-mentioned investment coins in various sizes. However, these are not the only gold products that you will find on our website. We encourage you to familiarise yourself with all gold bullion coins. You will have the opportunity to see for yourself why gold bullion coins are an ideal investment for every budget.

The safest option to purchase gold coins is, of course, to use the services of professionals.

Tavex is happy to guide you on your precious metal journey! We are Northern Europe’s largest precious metals dealer and one of the most important precious metals entities in Central and Southeastern Europe. Our group has existed for over 30 years and has more than 40 exclusive branches around the world.

Above all, we are a long-term partner of the largest Swiss mints – PAMP and Valcambi. Both of these mints have the previously mentioned LBMA accreditation and are internationally recognised. If you would like even more information about Tavex and PAMP, you can find it on PAMP’s website.

Furthermore, we are able to offer their products at the most competitive prices in the United Kingdom due to our good relationships and direct cooperation with these refineries.

In United Kingdom, you will find our Head Office in London. However, you can purchase gold without leaving your home! All you need to do is make a purchase through our online store you are currently in. We only sell products that are physically in stock, and orders are processed and shipped within 24 hours. Every order is also completely insured by us and trackable.

We also offer free pickup at our head office in London.

Don’t wait any longer; choose an investment with a shining future!

Gold investing has long been a popular way to diversify portfolios and hedge against economic downturns. The global market, particularly the London Bullion Market, is critical in determining gold spot prices, which are the current prices at which gold can be purchased or sold for immediate delivery.

The spot price of gold fluctuates frequently due to supply and demand, interest rates, and central bank actions. While some investors prefer to purchase gold coins as legal tender, others may prefer to purchase gold bars or 24-carat fine gold items. When evaluating these investments, a troy ounce of gold, a standard measurement in the gold market, is frequently used.

Aside from the potential to offset the volatility of fiat currency, one of the significant benefits of gold investments is the potential exemption from capital gains tax in some jurisdictions.

It is critical to understand the various types of gold available as well as the dynamics of physical gold versus other assets. With ever-changing interest rates and gold’s intrinsic value relative to fiat currency, making informed decisions about gold investments is critical.