You will find the most popular gold bullion coins with their weights, purity and face values. These coins go up and down along with the value of gold. They are dated with their year of manufacture, and are traded at a low premium over the gold value. They can be sold and bought in almost any country throughout the world. They are recognized easily, of standard purity and weight, and can be easily priced based on their content of goldmany investors without much experience due to it being their first time handling gold think that gold is bought in the form of bullion bars as shown in the movies. But the truth is that most world investors buy one ounce bullion coins. This is the most convenient, most liquid, most popular, and safest way of owning gold. These coins generally trade among most retail firms five to eight percent over the gold price in most cases, with very few exceptions. This premium over the gold price consists of wholesale markup, retail markup, and seigniorage. Seigniorage is a charge the mint places on the coin to cover manufacturing profits and costs. It usually averages in the 2.5 to 3 percent range. Whole salers add about 0.5 to 1 percent. Dealers and retail brokers usually add commissions from one to five percent, it all depends on the size of your order and other factors.
Most of the mints manufacture smaller denominations of gold coins of 1/4, 1/2, and 1/10 of an ounce along with the standard one ounce coins. Due to the fact that it costs basically the same amount of money to manufacture any coin, no matter the size of it, the smaller the coin is, the bigger the premium per ounce will be. You can find current pricing in the financial sections of most local newspapers, you can also find them in the national finance and business newspapers and on internet sites.
