Discover a Unique Fathers Day Gift Idea, Bullion Mint Coins
No expertise required
Gold has always carried a romantic presence about it, capturing people’s interest and passion for all ages and across all nationalities.
This highly valued and sought after precious metal can be yours to keep, and what you do with it is literally up to you.
You can start your own private collection that could become a family heirloom. It can be your own precious art collection to show off to your trusted family and friends, or as I was speaking to a fellow gold collector today, he told me that he sold his gold collection to buy a property. He used his collection as a type of savings so that when the gold prices went up, he was able to make a profit which was far better than interest in the bank (this was a very smart idea).
Or if you are stuck for a great gift idea, look no further.
In this article, we will discover some great gift ideas for boyfriend or the unique gifts for men, which you have been looking for. Or the elusive Fathers day gift. And for all you men out there, I’m sure that special lady in your life would swoon over a piece of 24k gold. There is a price range for everyone.
If you’re a first time buyer or you want to add to your collection, we have some solid tips and advice for you.
- 1 Gold coins – the not so hidden treasure
- 2 Why buy gold coins as a gift
- 3 What gold coin should I buy?
- 4 Which gold coin is the best investment?
- 5 Do you have any tips on starting a gold collection or buying for others?
- 6 Show me the money!!
- 7 I am All in
- 8 Share this:
- 9 Related
Why buy gold coins as a gift
If you are buying gold coins as a gift, it is still an investment. As I mentioned in my previous article on
PAMP suisse gold bar, gold is the perfect gift that keeps on giving over time. You may be completely stuck on finding a gift for someone. For a number of reasons, some people already own everything they need – maybe you don’t know them as well as you should, or they are just plain fussy. Many times we buy gifts for loved ones, and they end up in a cupboard somewhere hidden from sight and never used and it’s value never increases.
Whereas, with gold, it may get put on a shelf somewhere to show off, or tucked away in a keepsakes box, and it’s value will increase, and it will remain as a solid investment until the owner wants to cash in – win/win. You will then have the status of the “master in gift giving”, the one who brings gold. For sure, you will be invited back every time when there is a gathering where presents are exchanged.
Gold coins are visually stunning and with the added wow factor of receiving 24k gold, I can’t imagine anyone not being impressed with receiving a magnificent gold coin. Gold is extremely unreactive; so it does not tarnish or corrode over time. I will explain some tips later in the article on how to buy for your children in the family as well. There are flexible options for everyone.
This could be the perfect gift solution for many people.
What gold coin should I buy?
First of all, gold coin buying/collecting is split into two main groups. One group of collectors is known as Numismatic. This is more of a study and collection of historic coins that may place more value on a coin’s history and rarity than the actual metal of the coin. There are plenty of Numismatic gold coins out there for sale, however if you choose this path, it comes with its own risks, especially if you know nothing about coins and coin history. There are plenty of fraudsters that can trick even seasoned Numismatists, let alone amateurs.
So we are going to focus on bullion mint coins, which is a style of coin that will come fresh from the mint. No expertise is required or any knowledge of coin history – simply buy what looks nice to you. And because these coins are not considered rare, the value of the coin is the gold in the coin. With a wide variety to choose from, you will never run out of options for buying your next coin.
They will include buying coins from other countries, unique designs, special commemoration coins, or your own nationality’s historic coins like the American Gold Eagle or the world famous gold Krugerrand. We will show you the most secure and risk free form of collecting gold coins. We will also have a look at some of our trusted bullion dealers where you can purchase a whole range of exciting gold coins, with a price range that will suit everyone.
Which gold coin is the best investment?
There are two main choices when it comes to buying gold coins.
There is the 22k gold coin, which is .917 fine (the gold coin standard). This coin is a great option for your
collection. It is more robust and durable because it is less pure than its 24k counterpart. It is also less susceptible to damage.
However, as a purest, I want to achieve the biggest wow factor.
I will choose 24k gold every time, .999 fine. So that is what we will focus on in this article. Even though gold in it’s purest form is soft and pliable, with some simple care you can still keep the integrity of the coin and protect it from being damaged. At the end of the day, if the coin is damaged and scuffed, you may lose some resell value, but it’s real value will be held in the amount of gold in the coin. So, unlike a Numismatic collection, where older coins may have a value placed on it because of it’s “mint condition” (or lack thereof), you will always get a return on the value of the gold.
So for the most prestige and wow factor out there, you can’t go past 24k gold.
Do you have any tips on starting a gold collection or buying for others?
My golden tip is silver.
With all of your gold, like the gold bars, you will want to leave it in it’s original packaging, as this is also a certification and security measure. The same goes for your gold coins – the best thing to do is leave them in the factory-sealed case. Some may not come in a sealed case, however you will need to keep them in a suitable coin holder, which are generally plastic and clear, my suggestion is to also get the airtight version as well. You will still be able to see them. The best decision to make is to leave them protected and not to handle them.
If this is new for you and/or it’s a gift for a youngster, I know we would all like to touch and feel what the gold is like. Before you know it, a love affair has started; you will want to feel connected to your gold. The attraction to gold is a real one, you will desire to get that precious metal in your hand, feel the shiny surface and toss it in your fingers to feel the weight.
And lets be real, if this is a gift for a child or adolescent, they will want to be able to touch it at some time,
otherwise, what is the point? And being unable to touch gold may become a bit underwhelming for you to continue on in your collection.
So the answer is Silver. At a fraction of the price, you can buy the gold coin counterpart in pure silver. So, for example, if you buy an American Gold Eagle – 3.1g/0.1troy oz, it will cost around USD$220 (depending on dealer and market price), you can then buy an American Silver Eagle – 31.1g/1 troy oz for around USD$21 (depending on dealer and market price).
This gives you an affordable piece to add to the collection that you can now handle and play with. You can gather the kids around and they can get to touch and handle some of the worlds purest silver, and it costs a fraction of the price. So if your collection is going to expand, I highly recommend adding some pure silver to the collection as it will give you something to hold and feel without having to be in a protective case. Consider having a 311g/10 troy oz for the cost of USD$196 (depending on dealer and market price), or a 5 troy oz at half the price.
You can take that bad boy out of the wrapper, and handle that thing all you want. Give it to the kids, and they can bury it in the back yard. It’s a wonderful substitute for gold and it will also be .9999 pure as well. You can let the kids play with it all you want, all the while, the 24k gold is kept in its packaging and in the best condition for years to come. On top of that, because silver is a precious metal, it will also increase in value if you decide to sell.
Show me the money!!
I want to show you a sample of the world famous coins that you can own, and have in your own personal collection today.
This wonderful piece that should be in every collection
American Gold Buffalo
The American Buffalo 24k gold coin is one of the most recognized bullion coins.
- Manufacturer: United States Mint, USA
- Proof: .9999
- Available as a 1troy oz
The American Buffalo, is a 24k bullion coin first offered for sale by the United States Mint on June 22, 2006. This was the first time ever that the USA government has minted pure (.9999) 24-karat gold coins for the public. The coin has a legal value of USD$50. Due to a mixture of the coin’s popularity and the remarkable increase in the price of gold since it’s creation, the coin’s value has increased considerably in a short time. The initial 2006 U.S. Mint price of the coin was $800. In 2007 the Mint coin was $899.95, $1,410.00 in 2009, and $2,010.00 in 2011. Wow, look at that increase in value.
The coins are guaranteed by the U.S. government to contain the stated amount of actual gold weight in troy ounces. The gold must by law come from sources in America. The Gold Buffalo is the only American official legal tender coin in gold in .9999 gold.
My personal favorite
Australian Gold Kangaroo Nugget
- Australian Kangaroo gold bullion legal tender coin series
- Manufacturer: Perth Mint, Australia
- Proof: .9999
The Gold Nugget was first minted in 1986 by the Gold Corporation – more commonly known as the Perth mint – a company wholly owned by the Government of Western Australia. Gold Kangaroos have been produced by Perth Mint since 1996 and are one of the purest gold coins in the world at .9999 purity. The Nugget is produced in weights of 1/20oz, 1/10oz, 1/4oz, 1/2oz, 1oz, 2oz, 10oz and 1kg.
The motif of the Nugget varies from year to year, giving the coins a slightly higher numismatic value over their bullion value, making this a unique piece year after year. The front of the Gold Kangaroo features Queen Elizabeth II and on the back has a picture of the iconic Australian kangaroo.
The classic and favoured
Chinese Gold Panda
- Manufacturer: Shenzhen Guobao Mint, China.
- Proof: .999
Gold Pandas have been minted since 1982, and are produced in sizes of 1/20oz, 1/10oz, 1/4oz, 1/2oz and 1oz.
Every year they make a variation on the panda motif used on the back of the Gold Panda, but the front features of the Hall of Prayer for Abundant Harvests in the Temple of Heaven in Beijing don’t change. This is a stunning piece and is a must for all collections. With the yearly motif change on this coin, it also makes a great collection item, just like the Australian Kangaroo.
The beautifully crafted and stunning
Austrian Gold Philharmonic
- Europe’s premier gold bullion coin
- Manufacturer: Austrian Mint, Austria
- Proof: .9999
The Wiener Philharmoniker or Vienna Philharmonic Gold Coin has been produced since 1989. The coin depicts the famed Vienna Philharmonic Orchestra.
It is distributed every year, in four different sizes, face values and weights. It can be used as an investment product (bullion coin), although it unsurprisingly ends up in private collections. The world gold council claim that it was the best-selling gold coin globally in 1992, 1995 and 1996.
The Gold Philharmonic is generally minted in the sizes of 1/10oz, 1/4oz, 1/2oz and 1oz.
Its not all grey skys in England
- The Gold Britannia is the U.K. Royal Mint’s official gold bullion coin.
- Manufacturer: The Royal Mint, United Kingdom
- Proof: .999
The Britannia was first struck in 1987. Gold Britannias are released in 1, 1/2, 1/4, and 1/10 oz sizes with face values in British pounds (£) of £100, £50, £25, and £10, respectively.
From 2013 the gold coins have a millesimal fineness of .9999 (or 24 karat gold). Until 2012, the gold coins have a millesimal fineness of .917 (91.7% or 22 karat gold) with the non-gold component being copper until 1989 and silver from 1990.
The Gold Britannia is 22k, or .916 fine, contains 1 troy ounce of gold and are legal tender in Great Britain. Gold Britannia from 2013 onwards are struck in .999 fine gold and weigh 31.1grams.
There are many other coins to choose from, and I could keep on going with options. I will leave that for another article as we have not hit on collectable and limited release coins yet or the popular and flexible range of multipacks for coins.
I will give mention to the crowd favorite and always a popular piece (please note .916 purity)
American Gold Eagle
- The most popular gold bullion coin in the U.S.
- Manufacturer: United States Mint, USA
- Proof: .916
The coins are guaranteed by the U.S. government to contain the stated amount of actual gold weight in troy ounces.
Because the term “Eagle” is also used for the official USA pre-1933 ten dollar gold coins, the weight of the bullion coin is typically used when defining American Gold Eagles (e.g., “1/2-ounce American gold eagle”) to prevent misperception. This is especially true with the 1/4-oz American gold eagle, which has an obvious face value of ten dollars.
The gold must by law come from sources in America. In addition to gold, the coins have an additional alloy of silver and copper to produce a more wear-resistant coin.
The front design qualities are the wonderful and classic figure of Lady Liberty with flowing hair, holding a torch in her right hand and an olive branch in her left. When you view this image in fine gold, it becomes inspiring. The back of the coin features a male eagle carrying an olive branch flying above his nest, along with the words ”In God We Trust”. You can almost hear the “Star Spangled Banner” playing as this coin makes an impression like no other.
Welcome to the land of the Brave.
There are a number of wonderful coins in the 22k range. You will be suitably impressed, and you will want them in your collection. I will do another article on them later.
I am All in
So, if you are looking for a unique gift that will inspire and also last a lifetime or in some cases whole generations, I hope this fits the bill. By giving someone a gift of gold, the only outcome is a win. Even if it gets put in the darkest recess of a cupboard and not seen for many years, eventually it will create so much growth, it will outstrip the original price and the owner will receive a payday if they decide to sell. Or the owner could then embark on their very own collection of gold coins and bullion that can bring security to their own family and also creating a family heirloom tradition.Buy Coins Now