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Gold coins have been used as universal currency for over five thousand years. Today, legal gold coins that are legal tender are produced by government mints and they are used as a from of money as well as a store of value.

In the present, gold coins represent the most valuable form of currency Their value is inherently and never tied to any other type of asset or fiat issued by the government. Furthermore, gold coins are the most flexible, divisible and most accepted form of gold bullion in the world.

It’s easy to purchase gold coins online. These coins are available in a variety of styles from different sovereign mints from around the world. Taking into account the wide range of options, which are the top gold coins? How do you choose as a beginner investor in the gold market?

Let’s take a look at gold coins in depth in order to aid you in selecting the most suitable coins to meet your needs, budget and objectives in investing.

Gold Coins: The Origin of Money

For thousands of years gold has been utilized as a means of exchange. It isn’t an instrument of payment for goods and services. The currency we have today, came by the widespread acceptance and recognition of gold as an important commodity. In the year 600 BC, King Alyattes of Lydia made the first gold coin for use as a currency. With the gold content being less than 50 percent, it was minted with various pictures to signify different denominations. It became the first coin of standardization in history.

The Roman Empire, Ancient Greece, Carthage and Carthage established the usage of gold coins in Europe. Every civilisation since then has used it to pay debts, finance wars and purchase goods. All three gold coins were used as currency for centuries and include the British Noble, German Augustulus, or the Italian florin. The British Noble in the 14th century as well as the German Augustulus of Ancient Gaul and the Italian florin (from 1252 until 1503) are only some of the examples. Every other part of the world , including China, Africa, and South America, have used different forms of gold coins over millennia as their most precious, reliable currency and the most valuable standard of value.

What are Gold Bullion Coins?

The gold bullion coin is a flat disc-shaped legal tender coin that is made of pure gold. Its purity and weight are guaranteed by a sovereign. A bullion coin is a gold coin that weighs a total of one ounce gold. This is in close relation to the spot price for gold. This is different from numismatic or semi-numismatic coin whose value is mainly due to their historical value and their rarity. Gold jewellery however is derived because of its craftsmanship, and the gold content is only a tiny percentage of the cost.

What Gold Coins are in high demand with investors?

Top sovereign mints such as the US Mint, British Royal Mint, Perth Mint, and Royal Canadian Mint, South African Mint, as well as the Austrian Mint strike gold coins which are recognized internationally as tangible investments and a hedge against geopolitical and economic uncertainties. Gold coins may look very different based on the country of origin. silver coins online , they are widely accepted because of their large gold content as well as the assurance of purity. Some bullion coins could have a nominal value that substantiates their legality as a currency.

What are Numismatic and Semi-Numismatic Gold Coins, You Are Trying to Find?

Numismatic and semi- numismatic coins are different from bullion coin because, for the most part, their value derives from their intrinsic value not the weight of the precious metal they contain. Due to their rarity, collectability, and age, numismatic coins cost more. Although semi-numismatic coins hold the majority of their value due to their collectability, rarity and their age but they are much less valuable than numismatic ones. The demand of worldwide collectors determines the value of a golden numismatic coin. They usually mark an important era in the development of commerce, civilisation or significant economic or political events.

To prevent theft or loss of your coins coins items, it is essential that they are properly stored. It is recommended that you store them in a safe place in the event that they are stored in your home. It is recommended that you have a home safe. It is important to inform your insurance provider to confirm that your home is covered under your home insurance policy as this may not automatically be the situation.