Gold coins are of two types – Bullion coins and Numismatic coins.
As the name suggests, Numismatic or Collector coins as they commonly known are gold coins collected for the art value than just the value of gold. They are purchased by coin collectors – numismatists.
While Bullion coins are bought by investors as their prices are very transparent. Gold bullion coin prices are based on the market price of physical investment grade gold. Today’s gold bullion coins are typically 22k to 24k, having a 90% or higher level of gold content. Making it a better investment than Jewellery that involves a loss in value like wastage, melting and making.
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