Daily Gold Coin Update
July 16, 2009 – 22K gold coins are some of the most popular precious metal diversifications because two well-respected coins fall into this category. In the past few years, wise American investors have been flocking to these 22K gold coins as their ultimate hedge from the instabilities with dollar-backed assets, and below I have given a brief explanation of the two leading coins in this category, the American Eagles and South African Krugerrands:
American Eagles – The American Eagles are the most popular bullion coin in the world and they are produced from gold mined exclusively in the United States. The coin’s design is a replica of the $20 Saint Gaudens that was minted between the years of 1907 and 1933, with Lady Liberty on the obverse and an American Eagle on the reverse side. It has an additional alloy of silver and copper in order to produce a more wear-resistant coin.
South African Krugerrands - The South African Krugerrands are one of the most popular bullion coins in the world because the South African Government charges a very low premium for them, thus making them more affordable than any other gold bullion coin in the market. The coin’s design features Paul Kruger on the obverse and a springbok antelope on the reverse side. It has an additional alloy of copper, giving it a more orange appearance as opposed to those that are alloyed with silver.
If you would like to learn more about investing with 22K gold coins, feel free to use the resources available on this website or contact a friendly expert today.
Senior Staff Writer - Gold-Coin.com