Categories of Gold Bullion Coins

In my article on Basic Gold Investing, I recommend that investors start with gold bullion coins. Not discussed are the three categories I assign to gold bullion coins which you may find useful. These categories are:

1. The most common gold bullion coins that are universally recognized and accepted by coin dealers. In this category, I include Gold American Eagles, Gold Canadian Maple Leafs, South African Krugerrands, American Gold Buffalos, Austrian Philharmonics, Chinese Pandas, Australian Nuggets, Mexican 50 Pesos and maybe one or two others;

2. Not as common gold coins as those above but still recognized by coin dealers and readily tradeable (liquid). This would include one or more denominations of The Angel (Isle of Man), Hungarian Korona, French Twenty Franc "Rooster", Dutch Guilder, Austrian Corona, British Sovereign, German Mark, Italian Lira, Russian Ruble and Swiss Franc;

3. Lesser known gold coins which coin dealers are hesitant to accept because of low demand by investors and low acceptance by other dealers.

When first starting out with your gold investing, concentrate on those coins in the first category. There is much less chance you will make a bad decision with any of the gold coins in this top category.

Happy Investing!