Many countries produce their own versions of gold coins. Some of those coins are more popular than others among both investors and collectors. All one ounce Government minted gold coins contain exactly one troy ounce of gold, although, the purity of the gold may vary from coin to coin. Just about every gold coin weighs slightly more than one troy ounce because a small portion of the total weight represents the alloy content that gives the coin its strength and durability. Listed below are some of the world’s most popular and well-known gold coins.
American Gold Eagle
The American Gold Eagle was officially introduced to the public in 1986. It is certified by the United States Government to contain exactly one troy ounce of pure gold. Each one ounce coin has a gold purity of .9167 or 22 karat gold. The remainder is made up of a silver and copper alloy that gives the coin strength and better resistance to wear. American Eagles must be produced from gold that comes from sources in the United States.
Lady Liberty is displayed on the obverse (front) of the coin and an eagle in flight, holding an olive branch, appears on the reverse. Read more about the American Gold Eagle.
American Gold Buffalo
This coin was first produced by the U.S. Mint in 2006. It is the first truly pure gold coin ever produced by the United States Mint. It is a 24 karat gold coin with a gold purity of .9999. High demand for this pure gold coin allows this coin to be sold for a significantly higher premium to the spot price of gold as compared to the American Gold Eagle (.9167 purity).
Canadian Gold Maple Leaf
The official gold bullion coin of Canada was one of the first bullion coins ever produced. It was behind only the South African Krugerrand as the earliest gold bullion coin ever produced. The coin is very popular today, due in large part to its .9999 pure gold content. Some special issues of the Canadian Maple Leaf were made even more desirable with the gold content certified as .99999 pure. Learn more about the Canadian Gold Maple Leaf.
Chinese Gold Panda
First issued in 1982, the design of the coin has changed slightly each year with the exception of 2001-2002. The face value of 1 Troy ounce is 500 Yuan. Learn more about the Chinese Gold Panda on wikipedia.
This coin was once an important coin in Austrian history. It is no longer produced, but is a highly desired coin among collectors.
Australian Gold Kangaroo
When the coin was first introduced in 1986by the government of Western Australia, it featured a picture of gold nuggets. Beginning in 1989, this .9999 pure gold coin started portraying the Australian Kangaroo on the coin. Since that time, the depiction of a kangaroo has remained. To differentiate the coin from year to year, the image of the kangaroo and overall design is changed annually.
South African Krugerrand
The very first bullion coin ever produced, it gained wide popularity almost immediately after it was first minted in 1967. South Africa’s Apartheid policy led many nations to ban the purchase of the coin in the 1970s and 1980s and its popularity began to wane as more alternatives became widely available. Learn more about the South African Gold Krugerrand.
Mexican Gold Peso
This 50 Peso gold coin is significantly larger and contains more pure gold content than any other internationally recognized gold bullion coin. It measures 37 mm in diameter and contains 1.20565 troy ounces of pure gold.