The Quintessential Guide to Investing in Gold Coins
Investing in gold coins is one of the smartest moves today if you’re an investor in Australia due to a huge demand for these coins in the market. But if you’re treading these waters for the first time, you’d want to know everything about these gold coins. Fortunately, you’re in the right place.
What are Australian gold coins?
Australian gold coins are unique coins made from 99.99% pure gold by the Perth Mint, which is the country’s main gold provider. These gold coins are highly sought after by collectors and investors who want to put their money in tangible assets that increase in value and can be sold whenever investors need to liquidate their funds.
Here are some of the most sought-after Australian gold coins:
- The Australian gold kangaroo coin series
This series stands out as the most renowned collection produced by the Perth Mint. It was first made in 1987 and has a red kangaroo and a portrait of Queen Elizabeth II on it. These coins are still in circulation today and are highly in demand for both investors and collectors because of their high value depending on their ounce sizes.
- The Australian nugget gold coin series
Another series that was minted in 1987, these nugget gold coins was commissioned by former Prime Minister Bob Hawke and feature a red kangaroo on its face, although some modifications were made by Perth Mint depending on the year of release.
What are the advantages when you invest in gold coins?
Gold coins have been a favourite investment for as long as we can remember because of one reason – it has withstood the test of time. Gold has been proven to hold its value throughout the course of history as compared to other assets. In fact, gold has always been the most reliable form of currency when other options don’t work. This gives you insurance for your investment even during tough times.
Gold coins are also a more practical form of investment if you’re a beginner since they are produced in smaller ounces, which makes them a lot cheaper to buy as compared to a traditional gold bar. So if you still don’t have the budget for a full gold bar but you still want to invest in gold, you can start with gold coins.
The best part is that it’s easy to find reputable gold coin suppliers and buyers in the market. For starters, you can contact Jaggards to learn more about their gold coins and how you can buy or sell them. Gold is also one of the best ways to diversify your portfolio because it’s accessible and budget-friendly but still very reliable.
The bottomline
Investing in gold coins is definitely a wise choice if you want to build a strong foundation for your investments. Aside from being easily accessible on the market, gold coins are also very valuable for both collectors and investors in the local and global financial arena. So if you need to sell them in the future, you won’t have a hard time getting a good return on investment.
