Gold has seen very significant gains recently, moving above the strong $1,300 threshold and testing the $1,320 ounce mark Tuesday. Analysts are divided as despite the remarkable jump, the upside for gold is supported by the chaotic situation in Iraq.
Beyond the galloping prices of gold and the risk of inflation this entails, American politicians are between a rock and a hard place as any kind intervention (political, financial, military) would spell doom for US foreign policy.
As scenarios unfold and gold prices settle, this is a perfect chance to purchase a few gold coins of more affordable value for your portfolio or as a special gift to a loved one.
Miniature gold coins
One ounce gold coins are most popular with investors because they carry the lowest premiums compared to smaller denominations Nevertheless, miniature coins have now become a trend, since they are quite affordable without losing any of their brilliance.
First among the impressive button-sized 0.5 coins comes the Perth Mint’s 99.99% pure gold Mini Roo series.Extremely affordable (at less than £ 30), this release makes the perfect addition to any fauna themed coin collection.
Issued as Australian legal tender, the coin’s obverse depicts the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II, the year-date and the monetary denomination.
The reverse of the Mini Roo gold bullion coin portrays a kangaroo in a classic stance. Together with its weight and fineness, the Perth Mint’s historic ‘P’ mintmark also appears on the coin’s reverse.
At this size you can also find Mini Koalas, and Mini Kookaburras. All coins are issued at extremely limited mintage, carrying a numbered Certificate of Authenticity and wrapped in stylish presentation packaging.
1⁄25-1⁄20 ounce gold coins
For around £50 or less you can find a number of beautiful 1⁄20 ounce gold coins issued in limited numbers by the world’s great mints The Perth Mint and the Royal Canadian Mint also issue 1⁄25 oz. gold coins. These are the smallest denominations of ordinary bullion coins and are sold both separately or as part of a set.
The exciting 2009 1⁄25 oz. Red Maple .9999 pure gold coin is one of the most delicate and at the same time elegant coins you may come across while the Australian Gold Nugget 1⁄20 oz..9999 pure gold coin is one of few legal tender bullion gold coins to change their design every year. This and their limited annual mintage may, unlike for many other bullion coins, raise their numismatic value over the value of gold used. The Gold Nugget1/20 troy oz. coin is 14.10 mm diameter, it is 1.40 mm thick and weighs 0.05 troy oz. (1.5552 g) with a face value of CAD $5.
Last but not least, the lovable 1⁄20 Chinese gold Panda of .999 purity, and featuring exquisite alternate designs every year, is a truly unique coin and certainly one you will find very hard to part with.
Shopping from reputable dealers you are bound to find many such small treasures issued by the world’s mints, and the prices at coininvest.com will surprise you even more.