Gold Coins

Why Buy Gold Coins from Provident

Gold bullion coins have been available to the public since 1967. South Africa’s debut of the 1 oz Krugerrand not only made gold coins a worldwide investment but also established them as the standard size for coin collectors.

Buying gold coins is a big deal. With the spot price for gold at or near historic highs, a gold coin has become a major purchase. So, you should feel as secure and comfortable in your choice of dealer as you possibly can.

Provident Metals has decades of experience selling 1 oz gold coins, along with other various weights including 1/2 oz, 1/4 oz and 1/10 oz. We are a BBB-accredited business with an A+ rating and tens of thousands of positive customer reviews to our name.

Gold Coins As An Investment

Gold coins are a popular investment because they offer a compact vehicle to store value and net worth. Because they are the products of sovereign mints, they allay many concerns about authenticity for both buyers and sellers.

As a result, gold coins are a much more liquid investment than gold bars or rounds, as their value is immediately apparent to any buyers when you decide to sell. Although gold prices are high, it is often more cost-effective to purchase larger coins, as smaller coins typically have higher premium percentages, which can increase your overall cost.

Most Popular Gold Coins for Sale on Provident Metals

We have a wide selection of gold coins for sale, but some are more popular than others. These gold coins have a reputation for excellence, which often makes them targets for buyers. Here are the most popular gold coins for sale on Provident Metals:

• American Eagle: This coin is minted with 91.67% gold and was introduced in 1986 to compete with the South African Krugerrand. You can buy the American Eagle in four different weights: 1 oz (with a face value of $50), 1/2 oz, 1/4 oz, and 1/10 oz.
• Gold Buffalo: The American Gold Buffalo is minted with 99.99% gold and was introduced in 2006 to offer a 24-karat gold option. You can buy the American Gold Buffalo in one weight: 1 oz.
• Canadian Maple Leaf: The Canadian Maple Leaf established its place in gold coins through its then-highest 99.99% purity. This gold coin is available in five different weights: 1 oz (with a face value of CAD $50), 1/2 oz, 1/4 oz, 1/10 oz, and 1/20 oz.
• South African Krugerrand: The Krugerrand is the original publicly available bullion coin and has offered 22-karat (91.67% pure) quality since 1967. The gold Krugerrand is available in the same weights as the American Eagle and Maple Leaf, however, it does not have a face value. Krugerrand value is based on the gold content.

• Austrian Gold Philharmonic: The Austrian Philharmonic pays homage to the country’s storied history of classical music with this .9999 pure coin. This gold coin comes in five different weights, starting at 1 oz through 1/25 oz.
• British Gold Britannia: The Royal Mint is one of the oldest sovereign mints in the world, and its signature bullion coin is the .9999 fine gold Britannia, though earlier versions were minted with 22-karat gold. The British Gold Britannia Coin is available in seven different weights: 5 oz, 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, 1/20 oz, and 1/40 oz.
• Mexican Gold Libertad: The Libertad, Mexico’s 99.9% pure gold bullion coin, is one of the most prized due to its low mintage numbers and uneven production history. The Gold Libertad is available in five weights: 1/20 oz, 1/10 oz, 1/4 oz, 1/2 oz, and 1 oz.

While these gold coins are the most well-known, there are many other excellent options available for sale, including the Australian Gold Kangaroo, the Lunar Year Series and Chinese Gold Panda.

Gold Coins from Other Mints

The mints listed above are not the only sovereign mints producing quality bullion coins. There are several which offer coins with similar purities and gold content, with the added bonus of sometimes bearing smaller premiums.

For instance, the Perth Mint, which is the official bullion mint of Australia, also produces .9999 purity gold coins. In fact, it has two different .9999 product lines – the Australian Lunar and the Kangaroo.

Austria’s next door neighbor, Germany, also has a top sovereign mint in the Bavarian Mint. The Bavarian Mint’s signature product is the Somalian Elephant, part of its African Wildlife series that the mint offers as a 99.99% fine bullion coin.

Finally, don’t miss the iconic gold Pandas produced by the Chinese Mint. The Panda is an interesting option due to the fact that the People’s Republic of China has changed both the face value and the measurement system (from imperial to metric) during its production run.

US Pre-’33 Gold Coins

You may also want to consider pre-33 gold coins, minted by the United States Mint before 1933. These coins, which were minted to be 90% pure, were actual currency pieces that Americans used for the first 140 years of the country’s history.

Two events in American history make these coins great for investments. The first event is the 1848 California Gold Rush, which gave the US Mint far greater amounts of gold bullion to use in the minting of currency. Prominent gold coins minted between 1848 and 1933 include the Morgan dollar, the Liberty Eagle, and the Saint-Gaudens Double Eagle.

All of these coins became rarer after FDR issued Executive Order 6102 in April 1933, which rendered their ownership illegal for private citizens. After the confiscation, the government melted the majority of these coins down into gold bars and used them to seed the newly-opened bullion depository at Fort Knox.

There are gold coins minted prior to the gold rush, but these pieces are much rarer and much more historically significant, which makes them prohibitively expensive for most investors. So, pre-’33 gold coins are a sort of middle ground, with plenty of value and an acceptable level of financial exposure available to you.

We have several of these coins available. Make sure you take a look.

Is It Safe to Buy Gold Coins Online?

Buying gold online can be a safe and secure experience if you choose a reputable dealer.

At Provident Metals, we understand the importance of trust and prudence in investing. That’s why we’ve built our company on the principles of delivering consistent customer satisfaction, industry-leading value, and state-of-the-art security to precious metal investors across the US.

We encourage you to be diligent in your research. Look beyond our website and explore reviews from independent sources, such as Reddit or other forums. We’re confident that our commitment to service and customer satisfaction will shine through.

As a trusted partner in your investment journey, we provide high-quality precious metals at competitive prices, ensuring that your purchasing experience is both safe and convenient. Our dedicated account representatives are here to guide you every step of the way.

Again, buying gold coins is a big deal. Don’t do it on a whim. That would not be provident.