What are the best gold coins to buy for investment & wealth building? Great question!
When it comes to investing, there are a variety of investment vehicles to choose from, but one thing is becoming more and more clear as the economy grapples with rising inflation — we need an investment that holds its value no matter how much money-printing the government does.
Among the most popular investments to hedge against inflation is gold bullion coins.
There’s a reason why precious metals IRA’s are rising in popularity — people realize that a portion of their portfolio needs to be protected from the risk of hyperinflation.
Gold is an incredibly valuable resource that has been used as a store of value & currency for centuries. And while the value of gold may fluctuate with the markets, it is generally seen as a safe long-term investment and store of value.
Even if the economy were to blow up and your stock investments went to zero, there will always be demand for precious metals — especially high quality ones like the ones we outline in this article.
There are so many different types of gold coins available on the market. So how do you know what the best gold coins to buy are?
In this article, I will rank three of the best gold coins to buy in 2022. I will look at the product offerings and benefits, as well as which company offers the best overall product so you can protect your investments and build your wealth.
Let’s get started!
What Are the best gold coins to buy?
- American Eagle Gold Coin
- American Buffalo Gold Coin
- Canadian Maple Leaf Gold Coin buy
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American Gold Eagle Proof
When it comes to buying gold coins, the American Gold Eagle is the premier option — it’s easy to see why it’s one of the top gold coins available once we dig into the details.
Popularity, quality, security, and value are all forefront when we analyze the benefits of the American Eagle gold coin.
It’s been the “gold standard” (no pun-intended) of gold coins for the past several decades in its current form, but has an even longer history when considering the early version of it. In fact, the first ones were minted back in 1792 but were discontinued in the 1930’s by FDR. Ronald Regan brought them back in 1986, and they’ve been incredibly popular since then.
They are easily one of the most “liquid” gold coins available as the market for them is broad and active.
There are many other reasons why this is one of the most popular gold bullion coins to invest in within the United States (and around the world), some of which are as follows:
Key Features
- Backed by the United States government, providing assurance and trust for buyers
- Official gold bullion coin of the United States
- 22 karat fine gold, offering a high level of quality and purity
- Beautiful design that makes it attractive to collectors
- The coin is available in a variety of sizes, making it suitable for all budgets (Options: 1 ounce gold coin, 1/2 ounce gold coin, 1/4 ounce gold coin, 1/10 ounce gold coin)
- The coin has a low premium over the gold spot price, making it a great value for buyers
Pros
- Extremely liquid (easy to re-sell)
- .9167 fine gold
- Enhanced version of the official gold coin of the U.S.
- Gold IRA eligible
- Great value
Cons
- None
Bottom Line
The American Eagle Gold Coin proof is a great option if you’re looking for the best gold bullion coin to buy in 2022. It is backed by the United States government, has a beautiful design, and is available in various sizes to fit your needs. Without a doubt it’s one of the top gold coins you can buy today.
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American Buffalo Gold Coin
The American Gold Buffalo coin is a great investment option for those looking to buy gold coins. Gold investors love the American Buffalo Gold Coin for a variety of reasons.
It has a very high gold content (.9999 pure gold), making it a valuable asset for both collectors and investors.
In fact, it’s the first 24k gold coin minted by the United States.
The coin was first released in 2006, and is considered to be one of the most beautiful coins ever minted by the United States Mint. The coin’s design is based on the American Buffalo nickel, which was minted from 1913-1938.
The coin is available in a single size (1 ounce), and has a face value of $50, but is worth FAR more than that due to its pure gold content.
It is an excellent choice if you’re looking to invest in gold.
Features
- Highly rated collector’s item with 1 oz of .9999 fine gold
- Fully backed by the government of the United States so it is a secure investment
- Eligible for storage within a Gold IRA so you can reap the tax benefits therein
Pros
- Beautiful design
- 1 oz of 24k (.9999) fine gold
- Gold IRA eligible
- Backed by the U.S. government
Cons
- None
Bottom Line
The American Buffalo Gold Coin is a great investment option for those looking to buy gold coins. It has a very high gold content (.9999 pure gold), making it a valuable asset for collectors and investors both. Furthermore, the coin is backed by the government of the United States, making it a secure investment option.
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Canadian Maple Leaf Gold Coin
The Royal Canadian Mint is one of the most venerable and highly respected mints in the world. It produces some of the best gold coins on the market, and the Gold Maple Leaf coin is arguably its best product.
The Gold Maple Leaf coin features a stunning design that is unique to this coin, and it is made from .9999 pure gold. It also has a very low premium over the spot price of gold, making it a great investment option.
Additionally, the Royal Canadian Mint offers a wide variety of gold coins that are perfect for all kinds of investors. Whether you’re looking for a small investment or you’re looking to buy a large amount of gold, the Canadian Mint has a product that will meet your needs.
Features
- 1 Troy oz of .9999 pure gold
- Features a unique, stunning maple leafs design
- Low premium over the spot price of gold
- Wide variety of coins to meet different investment needs
- Highly respected Canadian mint produces it to the utmost quality
- One of the few 24-karat gold bullion coins available
Pros
- Highly recognized gold coin
- Iconic design and high-quality craftsmanship
- Wide variety of denominations available
- Backed by the Canadian government for added peace of mind
- Precious metals IRA eligible
Cons
- None
Bottom Line
Whether you’re looking for a small investment or you’re looking to buy a large amount of gold, the Canadian Gold Maple Leaf coin is an excellent option for your gold coin investing.
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Other Popular Gold Coins Available
- South African Krugerrand Coin (the best South African gold coin available)
- Austrian Philharmonic (Highly sought-after Austrian gold coin)
- China Gold Panda (Official gold coin of China)
- Australian Kangaroo (Australia’s flagship gold coins)
- American Augustus Saint Gaudens Double Eagle (best-selling coin in the world)
- Great Britain Gold Britannia
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F.A.Q.’s
Which gold coin is most popular?
The best-selling gold coin in the world is the Saint Gaudens Double Eagle, followed by the American Gold Eagle and Canadian Gold Maple Leaf. If you are wanting to invest in gold coins as an investment (as opposed to as collector’s pieces), stick with the top gold coins available as they are easily liquidated if needed down the road.
What are the purest gold coins?
Where should I keep my gold coins?
The absolute best place you can store your gold coin investments is either in a gold IRA with a custodian that keeps your investment at a secure location, or you must buy an ultra high-security safe to keep them in your home (and even then, make sure you add the gold onto your homeowners insurance so it’s covered from loss).Are gold coins a good investment?
Gold coins are an excellent investment for both short-term and long-term growth. They offer a tangible asset that is easy to store and transport and will retain its value as other assets tank in value due to inflation.
What size of gold coins are best to buy?
The best size of gold coin to buy depends on your investment goals. If you’re looking for a small investment, then a 1/10 oz or 1/4 oz coin might be best for you. However, if you’re looking to buy a large amount of gold, then a 1 oz or larger coin might be a better option.
Which gold coin is best investment?
There is no one-size-fits-all answer to this question, as the best gold coin to invest in will depend on your individual investment goals. However, some of the best gold coins to invest in include the American Gold Eagle, Canadian Gold Maple Leaf, American Gold Buffalo Coin, American Augustis Saint Gaudens coin, and South African Kruger.
Is gold a good buy in 2022?
Gold is always a good investment, but it is especially a good investment in 2022 due to the current global economic conditions. Gold prices are expected to rise in the coming years as inflation increases and the US dollar continues to decline in value.
Is buying gold coins a good investment short-term?
Yes, buying gold coins is a good investment for both short-term. Gold coins offer a tangible asset that is easy to store and transport, and will retain its value as other assets tank in value due to inflation.
Are gold coins a good long term investment?
Yes, gold coins are a good long-term investment because they offer a tangible asset that is easy to store and transport, and will retain its value as other assets tank in value due to inflation.
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Conclusion
So, there you have it! The three best gold coins to buy for investment, wealth building, and hedging against inflation. All of these coins have their own benefits and features, so it’s important to do your research before investing.
American Eagle Gold Coins are a good choice for those looking for an iconic coin with a long history.
American Buffalo Gold Coins are ideal for investors who want a coin with pure gold content.
Lastly, Royal Canadian Gold Maple Leaf Coins are perfect for investors who want a unique design and low premiums.
No matter which coin you choose, investing in gold is a smart move. Gold is a tangible asset that has been used as a store of value for centuries. It is also an excellent hedge against inflation and economic uncertainty.
So, if you’re looking to diversify your portfolio or protect your wealth, investing in gold is a great option to look into.
Happy investing!
Husband of 10+ years, father of 4, and savvy in all things (ok, let’s be modest, most things) personal finance. My aim is to help free a generation from the chains of dumb money habits destroying lives. I’ve made my fair share of mistakes along the way, but through a slightly obsessive pursuit of financial freedom, I’ve learned a thing or two. Now I’m here to share it.