1 oz Gold Coins

1 oz gold coins have been available to investors since South Africa released the 1 oz Krugerrand in 1967. Since then, many sovereign mints around the world have offered 1 oz gold coins to the public as collectors’ pieces, and they are renowned for their liquidity, or ease of trade.

The 1 oz gold coin is usually more expensive than gold bars or rounds of the same size and purity because they are official pieces from a national government. However, these gold coins are an excellent investment, and the extra you’ll pay is likely to be offset by the benefits you’ll realize on them in the future.

Popular 1 oz Gold Coins for Sale on Provident Metals

Though there are many choices for 1 oz gold coins these days, a few of them have separated from the pack as the most popular choices when buying gold coins. The following 1 oz gold coins are the ones that investors favor as the years go by, and all are available for sale on Provident Metals:

• American Gold Eagle – America’s first bullion coin pays tribute to Augustus Saint-Gaudens’ Double Eagle design. This 22-karat gold coin is a staple for gold investors thanks to its durability and backing by the U.S. government.
• American Gold Buffalo – This 1 oz gold coin debuted in 2006 as the highest purity gold coin in the US Mint’s catalog, and offers an homage to the Buffalo nickel with .9999 fine gold.

• Canadian Maple Leaf – The Royal Canadian Mint broke new ground when it produced the first 1 oz gold coin minted 99.99% pure in 1979.

• South African Gold Krugerrand – The world’s original bullion coin secured a near-monopoly for the South African government after its 1967 debut and features an image of early Boer leader, Paul Kruger.

• Austrian Gold Philharmonic – This 1 oz Gold Philharmonic pays tribute to its home country’s innumerable contributions to the world of classical music by featuring both orchestral instruments on the reverse and the Musikverein’s Grand Organ on the obverse.

• British Gold Britannia – The embodiment of Britain watches over its coastline with a shield emblazoned with the Union Jack, and it does so using .9999 fine gold in its composition.
• Mexican Gold Libertad – The 1 oz Gold Libertad is the closest intersection between sovereign bullion coin and rare coin, as the Mexican Mint does not produce many of these coins – if at all – each year.

If you don’t see a coin you want to try from that list, don’t be discouraged. Check out our main page for gold coins to see what else we have for you, including fractional gold coins. These smaller denominations, such as 1/10 oz, 1/4 oz, and 1/2 oz, offer an affordable and flexible way to buy gold. Fractional options are available for popular coins like the American Gold Eagle, Canadian Maple Leaf, South African Krugerrand, and many others. Explore a wide variety of sizes to suit your budget and investment goals

Different Types of 1 oz Gold Coins

As you peruse the list of 1 oz gold coins on Provident, you may see different types of coins in listings. Or, more accurately, you may see different designations applied to the listings that you do not recognize. So, here’s a quick rundown on the lingo you’re encountering:

• BU – “BU” stands for “Brilliant Uncirculated,” and refers to coins that have never been handled by the public, but they have a few imperfections from the minting process that keep them from being in mint condition.

• Proof – Coins that have undergone an extensive minting procedure where they are washed thoroughly and stamped with higher pressures multiple times – creating a coin with frosted reliefs (raised parts) and mirrored fields (stamped parts).

• Reverse proof – Coins processed similarly to proofs, but in such a manner as their reliefs are mirrored and their fields are frosted.

• Abrasions – Minor signs of wear and tear that don’t affect the underlying gold value of the coin, but likely reduce its price and premium significantly.

• High relief – Coins that are stamped with dies – the metal design pieces in the hydraulic press – that create greater differences between the field portions of the coin and the relief portions than you usually see on coinage.

• Graded – Two organizations – the PGCS and NGC – are the industry standard for classifying coins on the Sheldon Grading Scale, and coins that are graded come with an official statement of their quality.

• MS – Stands for “Mint State,” and indicates coins at the highest grade of 70 or very near to it – coins with this designator may look perfect and may only have imperfections visible under magnification.

• CoA – Stands for “Certificate of Authenticity,” an accompanying document that details the source and official nature of the grade that a coin has received.

• Burnished – When the planchets or blanks are polished prior to being stamped, the result is a coin with a matte finish and reduced amount of shine – a finish known as burnished.

Why Buy 1 oz Gold Coins from Provident?

Provident Metals has decades of experience offering 1 oz gold coins to the public. We enjoy an A+ rating from the Better Business Bureau and have tens of thousands of positive customer reviews under our belt.

We are available to help you with your purchases any time, day or night – even on holidays. Call us, email us, or live chat with us to find out more about our selection of 1 oz gold coins or the price of gold.