I think we all would agree that owning a 10 kg bar of gold would be nice but that it is probably out of the question at the current cost of over $500,000! I had the pleasure of caressing such a bar recently and being surprised at just how heavy (22.045855 lbs.) it was for such a small object. Below I describe the gold coins of Canada and the United States. Words: 870
So says Lorimer Wilson (www.FinancialArticleSummariesToday.com) and editor of www.munKNEE.com (It’s all about Money!). Please note that this paragraph must be included in any article reposting with a link to the article* source below to avoid copyright infringement. Wilson goes on to say:
Canadian Gold Bullion Coins
2. The Canadian Gold Maple Leaf bullion $50 Coin
The Canadian Gold Maple Leaf bullion $50 coin was first introduced in 1979. At the time the only gold bullion coin was the Krugerrand, which was not widely available because of the economic boycott of apartheid era South Africa.
The Gold Maple Leaf bullion coins minted between 1979 and 1982 had a gold content of .999. Starting in 1982, bullion coins have a fineness of .9999, making them one of the purest gold coins regularly issued in the world. They contain almost no base metals and consists of gold only mined in Canada.
5. The Tenth of a Troy Ounce Canadian Gold Maple Leaf Bullion $5 Coin
The Canadian Gold Maple Leaf bullion tenth of a troy ounce $5 coin was introduced in 1982, when the Royal Canadian Mint started to produce the first Canadian Gold bullion coins with the consistency of .9999 pure gold.
6. The One Twentieth of a Troy Ounce Canadian Gold Maple Leaf Bullion $1 Coin
The 1/20th ozt. Canadian Gold Maple Leaf bullion $1 coin was first brought into production in 1993 by the Royal Canadian Mint, and is still minted to this day.
American Gold Bullion Coins
1. The American Eagle Gold Bullion $50 Coin
Authorized by Congress in 1985 and first minted in 1986, the American Eagle Gold bullion $50 coin is minted in 22 karat gold with a purity of 99.95% or .9995. By United States law, the gold that is used to produce each coin must be taken from newly mined sources in America.
3. The American Eagle Gold Quarter Ounce Bullion $10 Coin
Authorized by Congress in 1985 and first minted in 1986, the American Eagle Gold bullion $10 coins are 99.95% pure gold mined from sources in America.
4. The American Eagle Gold Tenth of an Ounce Bullion $5 Coin
The American Eagle Gold bullion $5 coins are 99.95% pure gold made of newly mined sources of American gold.
5. The 1 oz. American Buffalo Gold Bullion $50 Coin
The American Buffalo Gold bullion coins were first authorized by Congress in 2005 and first minted in June 2006. The gold buffalo coin is the first .9999 fine, 24-karat gold coins ever struck by the United States Mint and takes it’s image from the “Indian Head”, or “Buffalo Nickel” which was introduced in 1913.
- New Series of Canadian & American Silver Coins Coming to Market http://www.munknee.com/2011/07/new-series-of-canadian-american-silver-bullion-coins-coming-to-market/
- Check Your Change! Certain Recent US Coins Are Worth $Thousands http://www.munknee.com/2011/07/check-your-pocket-change-certain-recent-rare-u-s-coins-are-worth-thousands-of-dollars/
- What’s the Difference Between 1 Gold Karat, 1 Diamond Carat and 1 Troy Ounce? http://www.munknee.com/2011/03/whats-the-difference-between-1-gold-karat-1-diamond-carat-and-1-troy-ounce/
- The Pros and Cons of Buying Gold Bars, Ingots and Coins http://www.munknee.com/2011/03/the-pros-and-cons-of-buying-gold-bars-ingots-and-coins/
- Americans: Which Gold/Silver Bullion Assets are Permitted in Your IRA? http://www.munknee.com/2011/06/americans-which-gold-and-silver-bullion-assets-are-permitted-in-your-ira/
- Beware The Dangers of Buying Gold Coins http://www.munknee.com/2010/06/the-dangers-of-buying-gold/