Golden Coins on white.
The demand for gold coins has skyrocketed in recent years. Even people who never invested before found their way to bullion investing thanks to the yellow metal. Of course, its high price can sometimes be prohibitive. This is why many people look for the cheapest gold coins.
Some may balk at the idea of being frugal when buying gold. In reality, there’s absolutely nothing wrong with this approach. In fact, there are plenty of benefits even for those who can afford more expensive options. The only rule when going this route is to not sacrifice quality for a lower price.
At Silver Gold Bull, we strive to offer a variety of products that meet a range of price points. This means anyone looking for the cheapest gold coins can find them on our site. And since we only buy and sell authentic bullion, you’ll know that you’re investing in genuine precious metals.
“Cheap” is a relative term, but few would deny that the following bullion options qualify. There are certainly lower-priced options out there, but you’d be hard-pressed to find them.
If you’re looking to get all the benefits of the most affordable gold coins, the Canadian MapleGrams are right up your alley. The sheets include multiple 1-gram Canadian Maple Leafs in their own individual blister packs. This means you can easily separate them for selling to others.
You can typically find these sheets sold with 5, 10 and 25 coins. Even if you were to buy a full sheet of 25, though, you’d still pay less than a single 1-ounce gold coin. Some people choose to buy these sheets and then sell half when the spot price rises, and this cuts down their cost per coin.
When looking for the cheapest gold coins to buy, the Chinese Panda gold coins might not come to mind. After all, their 1-ounce versions will set you back the spot price and a premium. Many people fail to realize, though, that the Pandas come in a variety of sizes.
You can find these coins in sizes of 30 grams, 15 gram, 8 grams and even 1/20 ounce (i.e., about 1.4 grams). This means you can buy them at a literal fraction of the cost of a 1-ounce coin. The 8-gram variety will typically only cost you about one-third of current spot price.
The Congo World’s Wildlife Bald Eagle is one of the most popular bullion coins from the country. They have an entire series of these offerings featuring an array of animals. In fact, there are even multiple sizes of coins featuring the bald eagle.
If you’re looking for the cheapest gold coins to buy, though, it’s the 1/2-gram variety you should look for. Even when the value of the yellow metal jumps to $2,000 an ounce, you can still secure one of these for less than $100. It doesn’t get much more affordable than that.
The Royal Mint of the United Kingdom creates a variety of beautiful coins featuring Britannia — the personification of Britain. The 1/10-ounce Britannia gold coin, though, stands out to frugal investors most often. These offer significantly more value than gram gold but still at a great price.
In addition to being one of the cheapest gold coins, the Britannia series is one of the most popular in the world. This means you’ll have no problem reselling it when the time comes. And thanks to its beautiful design, your coin may even appeal to coin collectors who have no interest in bullion.
There’s plenty of variety to choose from when buying affordable gold coins. All the coins we’ve discussed, however, are just smaller versions of popular bullion. When you invest in the $5 U.S. Commemorative gold coin series, though, you have an extensive number of options.
That’s because a new coin gets issued in this series every year. In fact, there are multiple designs created in some years. You may even already own some of these coins due to their wide availability. If you have any of the following, though, you’ve got something special in your collection:
These are among the more rare pieces in the series, so they certainly wouldn’t qualify as the cheapest gold coins available. Since all strikings contain less than one-quarter ounce of gold, though, the common coins in the series are extremely affordable.
It’s the wide range of subject matter, however, that appeals to some people. Do you want to show your support for law enforcement? Would it be cool to have a coin featuring your favorite sport? Are you a Civil War buff who wants to add to your collection?
There’s a coin for each of these — and dozens of others.
Now that you’ve got an idea of the most affordable options for gold coins, it’s important to recognize why these are smart investments. It’s obvious that lower price points come from less gold content, but why would this strategy be more ideal than other investments?
Here are just a few of the most important benefits you’ll get from the world’s cheapest gold coins:
If the price of gold doubles in the next few years — which many analysts believe will happen — anyone with a vault-full of bullion will get excited. What if you’re one of those people who only invested $1,000 or less in the precious metal? Well, your investment still doubled.
That’s the glorious thing about gold. No matter what form or quantity you buy it in, the spot value dictates its value. So whether you buy $10 worth of gold or $10 million, a good return on investment remains a good return on investment. Size really doesn’t matter in this scenario.
Even if you can only buy the cheapest gold coins available, you’re still diversifying your portfolio with a precious metal that consistently proves its worth.
One of the biggest advantages to buying the cheapest gold coins is their portability. For instance, the 8-gram Chinese Pandas we discussed earlier are less than 1 inch in diameter. You could stick one in your pocket and take it directly to a local buyer with no one ever knowing.
This is certainly easier than transporting large amounts of gold, but it’s also simpler than moving other precious metals of equal value. For instance, you can buy that 8-gram Chinese Panda for around $560 when the price of gold sits around $1,750. You’d need far more silver to get the same value.
In fact, when gold is at $1,750 and silver sits at $22 — something we commonly saw in 2021 — you’d need about 25 ounces of silver to get the same value as a single 8-gram Panda. And considering storing precious metals can become expensive, it might be best to go small.
The word “cheap” has developed negative connotations, but if you’re seeking affordable gold bullion, semantics simply doesn’t matter. People have used the precious metal as a store of value for millennia, so even if you need to be frugal, you’re still getting a great investment.
When it comes down to it, gold is gold. Whether you buy a gram or a pound, you’re investing in the same asset. And as long as you buy from a reputable dealer, you can experience significant returns if the price of the metal continues its historic trend.
At Silver Gold Bull, we don’t like to say we have the cheapest gold coins on the market. We do offer one of the largest varieties, though, and this means we have many affordable options. And with our Best Price Guarantee, you’ll always get the most value for your money.
Visit our Gold Bullion Products page today to peruse our massive selection.
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