Investing in gold takes dedication and it requires a certain level of frugality. There are products that are worth spending your time and money. Let’s just go through five of these products to get you started

#1: American Gold Eagle

American Gold Eagles are the most widely recognized gold products. The design of the coin is inspired by Augustus St-Gaudens who is responsible for designing most American gold coins. Gold Eagles are backed by the US government. This makes them easy to procure and to sell.

American Gold Eagle designs are made of 22 Karat gold, which means they are .9167 pure. The coin design has not changed since the series was launched in 1986.collectors collect the coins according to dates. Earlier dates are hard to find so they sell at a high premium.  

#2: Canadian Gold Maple Leaf

The second most popular and recognized gold coin in the world is the Canadian Gold Maple Leaf. These coins are produced by the Royal Canadian Mint. The coins are made of .9999 fine gold and have some unique security features like micro-engraving, radial line and bullion DNA technology that makes them hard to duplicate.

The design has been the same since they were first launched so there is little variety in the series. They are made of pure gold, 24k which means they are soft and easy to damage. They require extra protective packaging and should be handled with care.

#3: South African Gold Krugerrand

The South African God Krugerrand is one of the oldest coins in modern history. when you buy gold Melbourne coins like Krugerrand are a safe bet because they are easy to sell. These coins are made of 22k gold and less fragile than the Canadian Maple Leaf. Older versions of the coin are hard to find because of the trade embargo or sanctions that were imposed on South Africa before 1994. This makes pre-1994 coins very valuable.  The design is not that intricate but there are special commemorative coins that were created to mark certain important dates or events in South Africa. When liquidating Krugerrands, you may be subjected to tax.

#4: 1 oz. Royal Canadian Mint Gold Bar

The Royal Canadian Mint is famous for creating the finest good coins in the world and the 1oz gold bar is popular with people wanting to buy gold Melbourne. These bars are made of .9999 pure gold. They are issued with a serial number for security and authentication purposes. They come in a specially designed package to keep them safe and make it easy to handle.

These gold bars do not have an intricate design. They are created and bought mainly for their form and not their design. The Royal Canadian Mint 1 oz gold bar is not denominated so it may not be ideal for people who are interested in bullion that is monetized.

#5: $20 US Liberty Gold Double Eagle

This is a classic coin with a classic design that captures a moment in American history. Only a few of these were made which means they are hard to find and can yield high returns. The coins are made of .9675 troy ounce.

There are other interesting coins that collectors are always on the look out for like the American Buffalo, the Australian Kangaroo and many more. When choosing what to buy, value sometimes trumps design, but it all comes down to what motivates a buyer to choose a specific coin