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Gold Investment

• The value of gold bullion coins are determined by its gold content. Bullion coins are generally produced in fractions of an ounce – one-tenth, quarter, and half. Several countries made one design for every year and in most cases, the coin is dated. Below are some of the most popular gold bullion coins:

• American Gold Eagle – the official gold coin bullion of the US. It was first released in 1986 by the United States Mint. It is offered in 1/10 oz, ¼ oz, ½ oz, and 1 oz denominations. According to law, the sources of gold must come in America with added alloy of solver and copper to come up with a more wear-resistant coin of .9167.

• Austrian Philharmonic -
• British Britannia – is a British gold bullion coin that first came out in 1987. it has 1 troy ounce of gold and has a face value of £100. This coin has a millesimal fineness of 917 (91.7%, 22 carat).

• Canadian Gold Maple Leaf– made by the Royal Canadian Mint and is the official gold coin bullion of Canada. It is considered to be one of the purest gold coins in the world that is issued regularly. It has a millesimal fineness of .999 or 24 carats.

• Krugerrand – a South African gold coin and was first minted in 1967 with the purpose of helping the gold market of the country. It has a .9167 millesimal fineness (22 carats) with the rest of the coin made of copper.

• Russian Chervonets – used to be a Russian and Soviet Union currency.

• Swiss Vreneli – a range of gold coins used as currency in Switzerland. It has face values of 10, 20 and 100 Swiss francs and were minted with a millesimal fineness of .900.