The value of gold as a precious metal worth investing in has only increased over time. For thousands of years, the metal has served as a commodity of value. Bullion gold investment is one of the safest and most risk-free investment options across the globe.
Having said that, if you plan to invest in a gold coin, it is important to know the best gold coins to buy at the moment. Whichever coin you buy, you are likely to receive the benefits of investing in gold, such as hedging against inflation, incremental value, high returns on investment, and more. The type of coin(s) you purchase quantifies these benefits and gives you a clearer idea of what’s in store.
The first quarter of 2024 is coming to an end. If you wish to invest your money well, here are ten of the best gold coins to buy in 2024:
1. 2024 American Eagle Gold Coin
Produced by the US Mint, American Eagle Gold Coin remains one of the best coins to buy in 2024. This coin continues to occupy the first position in the list, thanks to its quality and legacy.
Popular worldwide, a 2024 Gold American Eagle Coin depicts Lady Liberty on the front and a bald American Eagle on the back, designed by Augustus Saint-Gaudens.
Key Features Of The 2024 American Eagle Gold Coin
- You can purchase the coin in four distinct sizes – 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz.
- It is 22-karat gold with a small portion of alloy.
- Minted between 1907 and 1933, it is considered one of America’s most beautiful coins.
- The US Mint refreshed the coin’s design in 2021, marking the 35th Anniversary of the American Eagle Coin Program.
- The new coin bears modifications to the stars, sun rays, torch, the Capitol Building, and other minor changes.
- The Obverse (front) inscriptions include “LIBERTY” and the year
- The reverse (back) inscriptions include “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” and “IN GOD WE TRUST.”
- The coin is made up of 91.67% gold, 3% silver, and the rest with copper having a reeded edge.
2. 2024 Canadian Maple Leaf Gold Coin
Issued by the Royal Canadian Mint, the 2024 Canadian Maple Leaf Gold Coin is another globally popular gold coin you should invest in. With .9999 fine gold, it is considered one of the purest official gold coins across the globe. This also makes it one of the best gold coins to buy in 2024 if you are looking for impeccable value.
The coin features a single maple leaf on the front and a portrait of Queen Elizabeth II of Canada on the back.
Key Features Of The 2024 Canadian Maple Leaf Gold Coin
- You can get the coin in multiple fractional sizes up to 1 gram, including 1/20 oz, 1/4 oz, 1/2 oz, 1/10 oz, 1 oz, and 10 oz.
- Over 25 million troy ounces of this coin have been sold since its launch in 1979.
- This coin is best known for its security features
- The 2024 Canadian Maple Leaf Gold Coin’s key security features include a micro-engraved maple leaf, radial lines, and Bullion DNA™ Anti-counterfeiting Technology.
3.2024 American Gold Buffalo Coin
Known especially for its artwork which is a rendition of the renowned 1913 Buffalo Nickel, the 2024 American Gold Buffalo coin is another popular investment option this year. On the front, it features a Native chief’s detailed profile. Its reverse features an American buffalo. With a purity of .9999, this is easily one of the best gold coins to buy in 2024.
Key Features Of The 2024 American Gold Buffalo Coin
- The buffalo on the coin is inspired by an American Bison named Black Diamond. It lived in the Central Park Zoo in New York during the 1910s.
- You can buy this coin in multiple variants, including 1/10 oz, 1/4 oz, 1/2 oz, 1 oz, and 20 oz.
- It is the first 24-karat gold coin ever to be struck by the US Mint
- Its obverse inscriptions include “LIBERTY” and the year.
- Its reverse inscriptions include “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” “IN GOD WE TRUST,” and “$50”.
- The coin’s diameter is 1.287 inches and its thickness is 0.116 inches.
4. 2024 Australian Kangaroo Gold Coin
Produced by the Perth Mint, the Kangaroo series of coins remain some of the best coins to buy in 2024. The 2024 Australian Kangaroo Coin comes with a face value of 100 AUD and .9999 fine gold. It features a large kangaroo that is about to jump over a creek bed. It also includes a water tank and a windmill.
Key Features Of The 2024 Australian Kangaroo Gold Coin
- You can purchase this coin in multiple varieties, including 0.01 oz, 1/10 oz, 1 oz, 10 oz, and 1 kg.
- The coin’s design includes a “P125” mintmark, representing the 125th anniversary of The Perth Mint.
- It can be used as Australian legal tender
- It contains a micro-laser engraved letter on the back, detectable only using a magnifying glass.
5. 2024 British Britannia Gold Coin
With high liquidity potential and value, the 2024 British Britannia Gold Coin Coin is a potent investment option. These coins are issued by The Royal Mint and are considered some of the world’s most secure coins. On the front, the coin features the depiction of Britannia with a trident representing her naval history. With a change in perspective, this trident changes to a padlock.
On the coin’s reverse, we see waves and tincture lines highlighting minute details, such as the Union flag. The specific pattern of the flag enhances the coin’s security.
Key Features Of The 2024 British Britannia Gold Coin
- It carries the denomination of £100.
- The coin’s diameter is 32.69 meters.
- It comes with four distinct security features – micro-text, latent image, surface animation, and tincture lines
- It is sold with a single coin capsule packaging
6. 2024 Austrian Gold Philharmonic Coin
Known for its high resale value and purity, the 2024 Austrian Gold Philharmonic Coin is a much sought-after bullion gold investment option. The tax-free coin is the only gold bullion coin that is issued in Euros, produced by the Austrian Mint.
One side of this highly valuable coin features various musical instruments belonging to the famous Austrian Philharmonic Orchestra. The other side features Vienna’s Golden Hall.
Key Features Of The 2024 Austrian Gold Philharmonic Coin
- You have multiple buying options for this coin, including 1/25 oz, 1/4 oz, 1/10 oz, 1/2 oz, 1 oz, and 10 oz.
- It is one of the safest European gold coins to buy in 2024.
- It is an uncirculated coin with a face value of 100 Euros
- The coin comes with a 37 m diameter
7. 2024 South African Krugerrand Gold Coin
The South African Krugerrand is known for being the first gold bullion coin in the world. It has remained one of the most favorite gold coins to buy outside of the US. The coin is also one of the more cost-effective investment options.
The coin’s obverse carries the depiction of Paul Kruger, the first and only president of South Africa. It also features “South Africa” written in English and Afrikaans.
The coin’s reverse features weight and year along with an image of a springbok antelope, South Africa’s national animal.
Key Features Of The 2024 South African Krugerrand Gold Coin
- It is minted by the South African Mint.
- Multiples of 10 coins are kept in mint tubes, while other coins are sold with protective packaging.
- You can purchase the coin in multiple weight options, including 2 oz, 1.85 oz, 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, and 1/50 oz.
8. 2024 Mexican Libertad Gold Coin
This coin is minted by la Casa de Moneda de Mexico, one of North America’s oldest mints. It is designed similarly to the famous Centenario, a 50 Peso Gold Coin. While its obverse features the Mexican shield, its reverse showcases Mexican volcano peaks with Winged Victory in between. The artwork on the coin represents the Mexican culture, further increasing its value.
Key Features Of The Mexican Libertad Gold Coin
- You can purchase the coin in six different weight variants – 1.9 oz, 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, and 1/20 oz.
- Before 1990, the coin contained 90% gold. Later, the purity increased to 99.9% gold
9. 2024 Perth Mint Lunar Gold Coin Series III
2024 is the year of the dragon, and this coin features the lunar zodiac’s fifth animal. Known for its innovative engravings, thisLunar gold coinseries continues to carry some of the best gold coins to buy for investment.
The coin’s obverse features the Jody Clark Memorial of Queen Elizabeth II along with the dates of her reign. On the reverse, it features a Chinese dragon along with waves and fog, depicting the dragon’s control over the elements.
Key Features Of The 2024 Perth Mint Lunar Gold Coin Series III
- You can purchase the coin in different weight variants, such as 1 oz, 1/2 oz, 2 oz, and 10 oz.
- It comes with 99.99% purity.
- Its minimum gross weight is 31.107 grams.
- The coin’s maximum mintage is 30,000.
- You can purchase it in a secure acrylic capsule.
10. Scottsdale Mint EC8 Gold Coin Series
Ending our list is the prestigiousScottsdale Mint EC8 (Eastern Caribbean 8) Gold Coin Series. Issued by the Scottsdale Mint, these coins represent the eight Caribbean nations.
With .9999 purity, these coins become valuable investment options for bullion gold enthusiasts. The mint offers a new design every year, adorning the coins with depictions of native birds, country arm coats, sailing ships, and more. Other than this, the coins have every feature one would look for in an ideal bullion gold coin worth investing in.
Why Are These Gold Coins The Best To Buy In 2024?
Now that we have looked at the best gold coins to buy in 2024, let us understand what gives these coins the value for being so worthy:
1. Government Guarantee (Legal Tender)
Many of the coins mentioned above come with a government guarantee and can be used as legal tender. For example, the 2024 Austrian Gold Philharmonic Coin carries a face value of 100 Euros. Purchasing a gold coin serving as a legal tender gives you more security and increases the coin’s utility.
2. Gold Purity
Each of the coins listed above are extremely pure gold coins with over 99% purity. For example, the 2024 Canadian Maple Leaf Gold Coin comes with a .9999 purity, giving you high investment value. Coins with high gold purity are likely to maintain their value with time, letting you make a secure investment.
3. Historical Significance
Most of these coins also have historical significance, adding to their already high value. The 2024 American Gold Buffalo coin is a rendition of the famous 1913 Buffalo Nickel. The 2024 South African Krugerrand Gold Coin is the first bullion gold coin in the world. As time passes, a coin’s historical significance increases.
4. Ease Of Sale
When a coin is high in demand and consistently carries high value, it gives you ease of sale. All the coins mentioned above have high liquidity values, allowing you to sell them whenever you are in need of money.
5. Buying Options
All the gold bullion coins discussed above give you multiple buying options. You can invest in these coins depending on your purchasing power and preferences.
Conclusion
Investing in gold bullion remains a smart investment option in 2024. Despite a host of investment vehicles around us, gold coins give you much-needed security and facilitate low-risk investments. If you are planning to enter the world of bullion investment or diversify your portfolio, start looking for the most suitable gold coin dealers right away.
Every coin mentioned in this blog is a safe investment option. Still, it is advisable to seek professional help before purchasing a gold coin in 2024. Qualified dealers and numismatics will help you make informed decisions, letting you make the most of your hard-earned money!
