How To Buy Gold

How To Buy Gold

Want to buy gold but confused on how to buy gold and what gold to buy? The Smaulgld gold buying guide can help.

Gold Buying Guide

Welcome to our online gold buying guide that contains gold buying tips and shows how to buy physical gold online and how to buy paper gold online. Our gold buying guide also shows you where to buy gold online.

Why Should I Buy Gold?

Gold has been a store a value for humans for more than 5,000 years. Currencies come and go, but gold remains universally valued and valuable. Gold is also considered to be an inflation hedge against the Federal Reserve’s multi-year multi-trillion dollar printing program called quantitative easing and its zero interest rate policy.

Gold Buying Tips

What Type of Gold Should I Buy?

There are a wide variety of choices when buying gold.

These choices can be divided into physical gold and paper gold.

Physical gold can take the form of gold bullion in the form of gold coins issued by sovereign governments, gold bars or numismatic gold.

Paper gold can take the form of gold certificates, pooled gold accounts, gold ETF’s, gold future contracts and gold mining shares.

Smaulgld LLC has agreements* with the Royal (UK) Mint, the Royal Canadian Mint, the Perth Mint, BGASC.com, JM Bullion LLC, Golden Eagle Coins, Goldbroker.com and Bullion Vault some of the best online precious metals dealers where you can buy gold and compare gold prices by clicking on the banners or links on this site.

Buying Physical Gold

Gold Coins Issued By Sovereign Government Mints

Many governments mints produce silver coins for collectors and investors.

Here are some of them:

Austrian Gold Coins

Austrian Gold Philharmonic Coin

Buy Gold Austrian Philharmonic Coins

Description: Obverse: depiction of the Musikverein, a concert hall that is home of the Vienna Philharmonic Orchestra and the German words “REPUBLIK OSTERREICH” (“Austrian Republic”) and “1UNZE GOLD 999.9” (“1 ounce gold”)
Reverse: depiction of an array of musical instruments including a harp, violin, cello, flute, bassoon, and French horn and the German words “WIENER PHILHARMORIKER” (“Vienna Philharmonic”)
Composition/Weight: 1 troy ounce (31.103 grams)/.9999 gold (24K)
Face value: 100 EUR
Designer:Thomas Pesendorfer
Mint Location: Vienna, Austria (no mint mark)
Years Minted:2008-present

Buy Gold Austrian Philharmonic Coins

The Austrian Gold Philharmonic coin was introduced by the Austrian Mint in 1989. The Austrian Mint is a public limited company located in Vienna, Austria and is a subsidiary of the National Bank of Austria. The Austrian Mint’s original primary purpose, prior to the introduction of the Euro in 2002, was to produce shillings for circulation in Austria.

According to the World Gold Council, the Austrian Gold Philharmonic coin was the best-selling gold coin worldwide in 1992, 1995 and 1996.

Sales of Austrian Gold Philharmonic coins rose 63 percent to 652,600 ounces in 2013, but fell in 2014 to 418,919.

austrian gold philharmonic mintages 2008-2014

Austrian Gold Philharmonic coins are the best selling gold coin in Europe.

The Austrian Mint also produces Europe’s best selling one ounce silver coin: the Silver Philharmonic coin in the same design as the Gold Philharmonic.

How to Buy Gold Austrian Philharmonic Coins

Gold Buying Tip: Compare Prices and Shipping Costs of Austrian Gold Philharmonic Coins

Compare Austrian Gold Philharmonic coins for sale at these websites:

BGASC.com
Golden Eagle Coins
SD BULLION
Money Metals Exchange

Buy Gold Austrian Philharmonic Coins

Canadian Gold Coins

Canadian Gold Maple Leaf

Buy Canadian Gold Maple Leaf Coins

Description: Obverse: Depiction of Queen Elizabeth II of England
Reverse: “CANADA” “.9999” “Fine Gold 1 oz Or Pur” picture of a Maple Leaf

Composition/Weight: 1 troy ounce (31.103 grams)/.9999 gold (24K)
Face value: $50
Designer: Susanna Blunt
Mint Location: Ottawa, Canada
Years Minted: 1979 – present

Buy Canadian Gold Maple Leaf Coins

The Royal Canadian Mint (RCM) produces all of the coins for circulation in Canada. The Canadian Gold Maple Leaf was introduced in 1979 by the RCM. In addition to the once ounce gold Canadian Maple Leaf, the coin is also minted in 1⁄25 oz., 1⁄20 oz., 1⁄10 oz., 1⁄4 oz. and 1⁄2 oz. denominations.

Canadian gold maple leaf coin sales 2007-2014 chart.

The Canadian Mint sells on average about 1 million Canadian Gold Maple Leaf coins a year.

The RCM also produces special issues of the Gold Maple Leaf coin from time to time. Past special issues include Colored, Hologram and Olympic Maple Leaf gold coins. These coins sell for premiums above the standard issue Gold Maple Leaf coins.

Canadian Gold Maple Leaf coins are minted from gold mined exclusively in Canada.

The Gold Canadian Maple Leaf coins are .9999 gold (24K) and contain no base metals. As such, the Canadian Maple Leaf coins are lighter than the American Gold Eagle coins which also contain one ounce of pure gold but also contain a small amount of silver and copper making the overall weight of American Gold Eagles coins heavier than Canadian Maple Leaf coins.

Gold Canadian Maple Leaf coins tend to sell at prices higher than the Austrian Gold Philharmonic coins but lower than the U.S. Gold Eagle coins.

The Canadian Gold Maple Leaf is legal tender in Canada but its face value ($50) is far less than the value of its gold content.

The RCM also produces Silver Maple Leaf Coins in various sizes.

How to Buy Gold Canadian Maple Leaf Coins

Gold Buying Tip: Compare Prices and Shipping Costs of Canadian Gold Maple Leaf Coins

You can compare Canadian Gold Maple Leaf pricing at these websites:

BGAS.com
Golden Eagle Coin
SD BULLION
Money Metals Exchange

Buy Canadian Gold Maple Leaf Coins

Chinese Gold Coins

Chinese Gold Panda


Description: Obverse: Depiction of the Temple of Heaven and “中华人民共和国”
(People’s Republic of China)
Reverse: Depiction of a Giant Panda
Composition/Weight: 99.9 fine gold 1 Troy ounce (31.103 g)
Face value: 500 Yuan
Years Minted: 1982- present

The official mint of the People’s Republic of China has been producing Gold Panda coins since 1982.

The Chinese Gold Panda is also issued in 200 (1/2 troy ounce), 100 (1/4 troy ounce), 50 (1/10 troy ounce) and 25 (1/20 troy ounce) Yuan denominations.

The official mint of the People’s Republic of China also produces Silver Panda coins in various denominations.

Gold Buying Tip: Compare Prices and Shipping Costs of Chinese Gold Panda Coins

You can view Chinese Gold Panda coins for sale at

BGASC.com
Golden Eagle Coins
SD BULLION

Great Britain Gold Coins

The Royal Mint was established in 1968 and is located in Llantrisant, South Wales. The current Royal Mint facility carries on the mint’s 1,100 year history of producing coins and replaces the facilities operated at Tower Hill, London since 1810. The Royal Mint produces coins for more than 60 countries around the world.

Gold Britannia Coins

The Royal Mint

Description: Obverse: Portrait of Queen Elizabeth II Reverse: Depiction of Britannia, the female personification of Great Britain
Face Values: one ounce (£100), 1/2 oz. (£50), 1/4 oz. (£25) 1/10 oz.(£10) and 1/20 oz.
Designers: Obverse: Ian Rank-Broadley/Reverse: Robert Hunt
Composition: .9999 fine gold (24K)
Years Minted: 1987-present

The Royal Mint began producing the Gold Britannia coin series in 1987 at which time the gold content was 91.7% (22K). Since 2013, the Gold Britannia has been produced in .9999 form (24K). The Gold Britannia has increased in popularity in recent years selling 109,000 ounces worth of them during fiscal year 2012-13 and 177,000 during fiscal year 2013-2014.

The Royal Mint sells a three coin proof set gold Britannia coins (pictured above/no longer available) and also produces a wide array of numismatic coins, gift sets and gold and silver bullion coins. Click on the banners to view the Royal Mint’s vast catalogue.

Gold Buying Tip: Compare Pricing Products and Shipping Costs of Royal Britannia Gold Coins

To buy one ounce 2015 Gold Britannia coins from JM Bullion click here. To buy British gold coins from Golden Eagle Coin click here.

The Royal Mint

Mexican Gold Coins

coming soon

South African Gold Coins

South African Kruggerand

Buy Gold South African Kruggerands

Description: Obverse: depiction of Paul Kruger
Reverse: depiction of a springbok, one of the national symbols of South Africa
Composition/Weight: 1.0909 troy ounces (33.93 g of which 31.103 is pure gold/2.826 g copper or .9167% gold).(22K)
Face value: none
Designers: Obverse: Otto Schultz/Reverse: Coert Steynberg
Mint Location: Centurion South Africa
Years Minted: 1967-present

Buy Gold South African Kruggerands

The Kruggerand was first minted by the South African Mint in 1967 during a time when individual gold ownership in the United States was illegal. The name “Kruggerand” is derived from combining the last name of a former South African President Paul Kruger with the name of the currency of South Africa, the rand. Think Reagan Dollar.

Since September 1980, Krugerrands containing pure gold have also been sold in 1/2 ounce, 1/4 ounce and 1/10 sizes.

Approximately 50 million ounces of gold have been used in the production of Krugerrand coins.

How to Buy Gold Kruggerrands

Click Here:
Buy Gold South African Kruggerands

Gold Buying Tip: Compare Prices and Shipping Costs of South African Gold Kruggerands

Compare pricing and shipping of South African Kruggerands.

United States Gold Coins

United States American Eagle Gold Coin

Buy American Gold Eagle Coins

Description: Obverse: depicts Lady Liberty with flowing hair, holding a torch in her right hand and an olive branch in her left
Reverse:depiction of eagle carrying an olive branch flying above a nest, with “E Pluribus Unum” “In God We Trust” “1 oz fine gold” “50 Dollars”
Composition/Weight: (33.931 grams) .9167 gold,.03 silver .0533 copper (net weight 1 oz. gold)(22K)
Face value: $50
Designers: Augustus Saint-Gaudens (obverse) Miley Busiek (reverse)
Mint Locations:Philadelphia, Pennsylvania; West Point, New York
Years Minted: 1986-present

Buy American Gold Eagle Coins

The American Gold Eagle is produced by the United State Mint. The United State Mint produces all the coins for circulation in the United States from its Philadelphia, Denver and San Francisco operations.

Since 1991, the U.S. Mint operates a mint in West Point, New York solely for the purpose of producing American Silver and Gold Eagle and American Buffalo gold coins.

The United States Mint once also operated mints in Carson City, Nevada (1870-1893) and New Orleans, Louisiana (1838 to 1861 and from 1879 to 1909).

In 1905, world-renowned sculptor, Augustus Saint-Gaudens was commissioned by Theodore Roosevelt to create the design for the $10 and 20 gold coins in circulation in the United States at the time. The design of the American Gold Eagle first appeared in 1907 on the United States’ $20 gold coin, or double-eagle, where it remained until 1933.

The American Gold Eagle now bearing Saint-Gaudens design is also minted in denominations of $5 (1/10 ounce), $10 (1/4 ounce), and $25 (1/2 ounce).

From 1986–1991 the American Gold Eagle bore Roman numeral dates. In 1992, the U.S. Mint switched to adding Arabic numbers for dates. The original 1907 U.S. Double Eagle also contained Roman numerals.

In 1999, the U.S. Mint sold a record 1,511,000 one ounce American Gold Eagles.

American Gold Eagle Sales 1986 - 2017 - January

Sales of American Gold Eagle coins are off to a solid start in 2017.

How to Buy Gold American Eagle Coins

Gold Buying Tip: Compare Prices and Shipping Costs of American Gold Eagle Coins

You can compare pricing and shipping charges on American Gold Eagles at these bullion dealers:

BGASC.com
Golden Eagle Coins
SD BULLION
Money Metals Exchange

Buy American Gold Eagle Coins

United States Buffalo Gold Coin

Buy American Gold Buffalo Coins

Description: Obverse:
Composition/Weight: .9999 fine gold/31.108 g (1.0001 troy oz*)
Face value: $50
Designer: James Earle Fraser
Mint Location: West Point, New York
Years Minted: 2006-present

*In 2008 the U.S. Mint also produced one tenth, quarter and half ounce versions of the American Gold Buffalo Coin.

Buy American Gold Buffalo Coins

The American Buffalo Gold coin is a .9999 pure 24K gold piece. The design of the American Buffalo Gold coin is substantially the same as appears on the U.S. Buffalo Nickel (1913-1938).

Sculptor James Earle Fraser who had been an assistant to Augustus Saint-Gaudens, designer of the U.S. Double Eagle $20 gold coin (1907-1933), created the Indian head that appears on the front and the buffalo that appears on the reverse.

The U.S. Mint sold a record 323,000 American Gold Buffalo coins in 2006, its first year of mintage. In 2013, 239,000 American Gold Buffalo coins were sold.

American Gold Buffalo Coin Sales 2006 - 2017 - January

Sales of American Gold Buffalo chart 2006-2015

The U.S. Mint sold the most American Gold Buffalo coins in 2006, the year they were introduced.

How to Buy Gold American Buffalo Coins

Gold Buying Tip: Compare Prices and Shipping Costs of American Gold Buffalo Coins

You can compare American Gold Buffalo coins for sale at these websites:

BGASC.com
Golden Eagle Coins
SD BULLION
Money Metals Exchange

Buy American Gold Buffalo Coins

Pre-1933 U.S. Gold Coins

While the United States technically stopped minted gold coins for circulation in 1933, very few gold coins were minted that year as that was the year of Franklin Roosevelt’s infamous nationalization (confiscation) of gold.

For most collectors buying U.S. minted gold coins, they will be looking at coins minted before 1933. Many of these coins do not have numismatic value and trade for premiums slightly higher than new bullion.

Australian Gold Coins



The Perth Mint Australia

The Perth Mint founded in 1899 as a branch of the British Royal Mint, is unique among the various government mints in that it is also a silver and gold refiner and does not produce coins for general circulation in Australia. All of the coins produced by the Perth Mint, however, are considered legal tender in Australia. (with face values far below their precious metal content). Australia’s coins for general circulation are produced at the Royal Australian Mint in Canberra.

The Perth Mint also provides insured storage and safe keeping services for precious metals.

The Perth Mint produces perhaps the widest array of proof, numismatic, limited release and commemorative coins of any government mint. The most popular and widely recognized of these are the gold Koala coins.


The Perth Mint Australia

The Perth Mint has a massive selection of gold coins in a variety of sizes and designs with a constant pipeline of newly issued coins. Be prepared to spend some time browsing their impressive catalog.

How to Buy Gold Perth Mint Coins From Australia Directly From The Mint

Click Here:

The Perth Mint Australia

Private Mint Gold Bars

Gold bars are another way of collecting gold bullion. Gold bars generally do not have intricate designs and are valued primarily for their weight and fineness. Some gold bars will come in tamper evident packaging with assay cards certifying their weight and fineness.

Pamp Gold Bars

Buy Gold PAMP Suisse Bullion Bars

Buy Gold PAMP Suisse Bullion Bars

Other Gold Bar Manufacturers:

Valcambi
Valcambi markets an unique type of bar that is divisible into component parts of 10 or 100.

Johnson Matthey
Sunshine Minting
OPM
NTR

Numismatics

Gold IRS- Coming Soon

Paper Gold coming soon!

Exposure to the price of gold can be obtain without taking physical delivery of gold. Here are some paper gold options:

Gold ETFS

Gold ETFs have become a popular way to invest in paper gold.

gold ETF chart

Holdings in Gold ETFs have fallen in recent years with the price of gold

Gold Futures

Gold Pooled accounts

Gold Certificates– Perth Mint

Gold Mining Shares– list coming soon!

Considerations Coming Soon!
Counterfeiting
storage and insurance
confiscation
taxes
manipulation
gold as asset or investment
volatility
Numismatics vs. Bullion
NGC or PCGS Certified investment coins

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Further Reading:

Smaulgld.com Resources

Smaulgld Silver Buying Guide

Gold Supply and Demand

Twelve Ways Silver is Different Than Gold

Gold vs. the Dow

Gold vs. the Dollar

Gold and Silver Price Manipulation – Suspected

Silver and Gold Manipulation – Actual

Think the Fed Destroyed the Dollar?

The Gold Silver Ratio

Is a Gold and Silver Supply and Demand Price Adjustment Coming?

Russia and Gold

India and Gold

China and Gold

The West Sells Paper Gold, While the East Buys Physical Gold

China Hoards its Gold Production

Gold and Real Estate

Please also bookmark and visit the gold and silver sections of Smaulgld.com (by clicking above) for more information on these precious metals and the events that impact their prices.

Outside Resources:

How Much Gold is there?
Goldsilver.com Knowledge Center
World Gold Council
GATA

Recommended Reading:

Royal Canadian Mint

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