What Are the Different Types of Premium Gold Coin Investment Options Available in Australia?
Gold is a popular investment option among investors worldwide, and Australia is no exception. Premium gold-made coins are an attractive investment option as they are a store of value and a collector’s item. However, before investing in such objects, it’s essential to understand the different types of coinage available in the Australian market. This listicle will explore Australia’s different premium gold-made coin investment options.
Bullions
These are the most popular types of coin among investors. These are Government-backed, and their purity is guaranteed. Bullion coins are available in different weight categories, the most common being 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz. The Australian Gold Kangaroo and the Gold Nugget are popular bullion coins minted by the Perth Mint.
Numismatics
These are coins valued for their rarity, historical significance, and aesthetic appeal. Such coinage is a store of value and a collector’s item. These items are often sold at a premium price above their intrinsic value. The Australian Gold Sovereign and the Gold Half Sovereign are popular numismatic coinage among investors.
Semi-Numismatics
These are coins that have both bullion and numismatic value. These are not as rare as numismatic coins, but they still have some collector’s value. Such products are often sold at a premium above their intrinsic value but not as high as numismatics. The Australian Gold Lunar Series II and the Gold Lunar Series III are popular semi-numismatics minted by the Perth Mint.
Commemoratives
These are coinage minted to commemorate an event, person, or organisation. These are often sold at a premium above their intrinsic value, and their value is dependent on the event or person they commemorate. The Australian Gold Commonwealth Games coin and the Gold Royal Australian Mint coin are popular commemoratives among investors.
Fractionals
These are coins smaller in weight than standard bullion coinage but offer great deals here. These coinages are available in weights as small as 1/20 oz and are often sold at a premium above their intrinsic value. Fractionals are an attractive investment option for investors who want to invest in aurum but have a limited budget.
Collector Sets
Collector sets are a collection of coinages sold as a set. These sets often include bullion, numismatic, and commemoratives. Collector sets are often sold at a premium above their intrinsic value but are an attractive investment option for collectors. The Australian Sovereign and Lunar Series II collections are popular collector sets among Australian investors.
Limited Editions
These coins with a restricted mintage are often sold out quickly after release. These are popular among collectors and can have significant collector’s value. The Australian Gold Wedge-tailed Eagle coin and the Kookaburra coin are limited edition coinages.
Conclusion:
Investing in premium gold-made coinages can be a wise choice for Australian investors looking for a long-term investment option. With several types of coinages available in the market, each with unique characteristics and investment potential, investors can choose the one that best aligns with their investment goals.
It’s essential to do thorough research, seek professional advice before making any investment decisions, and purchase such coinages from a reputable dealer to ensure their authenticity and quality. By adopting the right investment strategy and market research, investing in premium gold-made coins can offer investors a secure and profitable investment opportunity.
