The first gold bullion coin ever made was in 560 B.C., under the orders of King Croesus of Lydia. These coins were however constructed using a mixture of gold and silver, known as electrum. Each country has an official gold bullion coin, each bearing a different emblem or symbol. The official gold bullion coin of the United Kingdom is known as the Gold Sovereign, which was first issued by King Henry VII of England in 1489. The most well-known gold bullion coin on the market is the South African Gold Krugerrand.
Gold bullion coin investment
Buying gold bullion coins
The most popular gold bullion coins to invest in on the market today are the American Eagle and the South African Krugerrand. The first Krugerrand was produced in 1967, initially intended as a form of currency, and is therefore more durable, and hence more desirable to investors. The scarcity and often rarity of bullion coins adds to their appeal as an investment, but can also cause problems to the investor with regards to sourcing and buying gold bullion coins. You can find a variety of bullion dealers that sell gold coins across the UK, as well as online. There are also several coin collecting publications which often advertise gold bullion coins for sale. Gold coin prices vary according to the series of coin being purchased and the price of gold at the time. Gold bullion coins should be handled with care, as the more pure the gold, the more malleable it becomes and the more prone it is to damages and scratches.
Selling gold bullion coins
If you are interested in selling your gold bullion coins, simply order your free pre-paid insured gold kit from Postal Gold from the comfort of your own home, put your unwanted gold coins into the envelope and send it to our team of professionals for evaluation. The value estimate is based on the weight and fineness of your gold bullion coins. Within 24 hours of this evaluation, you will be issued with payment for your gold. Not only is this a fast and secure way to sell gold bullion coins, but also a fantastic way to earn money online.
