Description
This world coin set is for gold investors that want a little diversity in their portfolio. The set includes 5 of the most popular coins in the world, all of which are IRA eligible. Those 5 gold coins are the American Gold Eagle, the Canadian Gold Maple Leaf, the Austrian Gold Philharmonic, the Australian Gold Kangaroo, and the American Gold Buffalo.
The set enables the investor to diversify and still buy at a much lower premium than they would if they bough the 5 coins individually.
See the details of each below:
THE GOLD AMERICAN EAGLE is the most traded and trusted coin in the world. It was first released in 1986 by the US Mint.
The obverse of the coin was designed by Augustus St. Gauden, who is noted as one of the most influential coin engravers in the history of the US Mint.
On the obverse, Lady Liberty is presented wearing a toga, which relates to the Greco-Roman origins of the western world.
The Eagle parted ways with older coins by presenting the full-body image, whereas the older coins typically show a side portrait of a face.
Lady Liberty is holding the torch of wisdom out in front of her with her right hand and she holds an olive branch out to the side with her left hand. This symbolic meaning is that peace follows wisdom.
The reverse of the 1986-2021 Type-1 design was designed by Miley Busiek, features a male bald eagle returning to his nest with an olive branch, where a female tends to two fledglings await. The 2022 Eagle features a single large eagle landing on a perch. This design was launched in the summer of 2021.
The contents of this coin are often misunderstood. While the various denominations of the Gold American Eagle are 22 karat and .9167 pure gold, the $50 GAE, for example, still has 1 full troy ounce of gold. Silver and copper are alloyed to add luster and hardness, not to make the coin heavier. The total weight of the coin 1.0909 troy ounces or 33.931 grams.
The coin is minted at the US Mint in West Point, N.Y.
The $50 GAE has a thickness of 2.87 mm and a diameter of 32.7 mm.
THE CANADIAN GOLD MAPLE LEAF is a gold bullion coin that is issued annually by the Government of Canada. It is produced by the Royal Canadian Mint.
The Gold Maple Leaf is legal tender with a face value of 50 Canadian dollars. It has become a popular bullion coin at the global level. Investors appreciate the fineness of the coin, which is .9999 fine (24 carats). The coin is among the purest official gold bullion coins in the world. It weighs 1 troy ounce (31.10 grams).
The Gold Maple Leaf’s obverse and reverse designs feature the profile of Queen Elizabeth II of Canada and the Canadian Maple Leaf.
The coin was introduced in 1979. At the time the only competing bullion coins being minted were the Krugerrand (which was not widely available because of the economic boycott of apartheid-era South Africa) and the Austrian 100 Corona.
To satisfy the high demand for gold bullion coins in light of this shortage, the Royal Canadian Mint began producing Canadian Maple Leafs only from gold mined within Canada. These coins have legal tender status in Canada under the Currency Act1 troy ounce Canadian Gold Maple Leaf coin
Diameter = 30 mm (1.29 in.) Thickness = 2.80 mm (0.12 in.) Gross Weight = 1 troy ounce (31.103 grams) Face Value = $50 (Canadian)
THE AUSTRIAN GOLD PHILHARMONIC is a gold bullion coin produced by the Austrian Mint. The coin is named for the Vienna Philharmonic orchestra, which inspired the design of both sides.
It was introduced in 1989 as a 1 troy ounce gold coin with a face value of 2,000 Austrian schillings. It is generally one of the world’s best selling bullion coins.
In 2002, with the adoption of the euro currency, the nominal value of the 1 troy ounce coin was changed to 100 euros.
The gold Philharmonic has a fineness of 999.9 (often written 0.9999, also known as 24 karat or 99.99% pure).
The design on the coin remains the same each year; only the year of issue changes.
The obverse of the coin depicts the pipe organ in the Vienna Musikverein’s Golden Hall.
The reverse of the coin shows instruments of the Vienna Philharmonic, including the Vienna horn, bassoon, harp, and four violins centered on a cello.
Both designs were produced by the chief engraver of the Austrian Mint, Thomas Pesendorfer.
Diameter = 37.0 mm (1.5 in) Thickness = 2.0 mm(0.08 in) Gross Weight = 1 troy ounce (31.103 grams) Face Value = 100
THE AUSTRALIAN GOLD KANGAROO is a bullion coin that is minted by the Perth Mint.
It is only one of a few coins that offer a new design every year.
From 1986 to 1989, the reverse of these coins pictured various Australian gold nuggets. With the 1989 proof edition, the design was changed to feature different kangaroos, a more world-recognized symbol of Australia. Today, the coins are more commonly referred to as “gold kangaroos”.
Diameter: 32.10 mm Thickness: 2.65 mm Gross Weight: 1.0001 troy oz (31.10 grams) Face value: A$100
THE AMERICAN GOLD BUFFALO is a 24 karat gold bullion coin first offered for sale by the United States Mint on June 22, 2006, and available for shipment beginning on July 13.
The coin follows the design of the Indian Head Nickel and has gained its nickname from the American Bison on the reverse side of the design. This was the first time ever that the United States Mint has minted pure (.9999) 24-karat gold coins for the public. The coin has a legal tender (face) value of US $50.
The design of the American Buffalo gold bullion coin is a modified version of James Earl Fraser design for the Indian Head Nickel (Type 1), issued in early 1913.
The obverse (front) of the coin depicts a Native American, whom Fraser said he created as a mixture of the features of three chiefs from different American Indian tribes,Big Tree, Iron Tail, and Two Moons, who posed as models for him to sketch. The obverse also shows the motto “LIBERTY” on the top right, the year of mintage on the bottom left, and below that the letter F for Fraser.
On the reverse, the American Buffalo gold bullion coin further has in common with the nickel the motto E PLURIBUS UNUMbove the buffalo’s lower back and the device UNITED·STATES·OF·AMERICA along the top.
Diameter = 32.7 mm (1.287 in) Thickness = 2.95 mm (0.116 in) Gross Weight = 31.108 g (1.0001 troy ounce) Face Value: US$50
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