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 South African Gold Krugerrand, the Chinese Gold Panda, the Austrian Gold Philharmonic, the Australian Gold Kangaroo, and the American Gold Buffalo.
The set enables the investor to diversity and still buy at a much lower premium than buying the 5 coins individually.
See the details of each below:
The SOUTH AFRICAN GOLD KRUGERRAND was first minted on 3 July 1967 to help market South African gold and produced by Rand Refinery and the South African Mint.
The name is a compound of Paul Kruger, the former President of the South African Republic (depicted on the obverse), and rand, the South African unit of currency.
On the reverse side of the Krugerrand is a springbok, South Africa’s national animal.
By 1980 the Krugerrand accounted for more than 90% of the global coin market and was the number one choice for investors buying gold. However, during the 1980s and 1990s, Krugerrands fell out of favor as some western countries forbade the import of the Krugerrand because of its association with the apartheid government of South Africa.
Although gold Krugerrand coins have no face value, they are considered legal tender in South Africa by the South African Reserve Bank Act (SARBA).
Actual Gold Content: 1.0 Troy ounce Fineness: .917 | 22k Total Weight: 1.09 Troy ounce Year: Various Years Diameter: 32.6 mm
Thickness: 2.8 mm
The CHINESE GOLD PANDA is a series of gold bullion coins issued by the People’s Republic of China. The Official Mint of the People’s Republic of China introduced the panda gold bullion coins in 1982.
These popular coins are issued in prooflike brilliant uncirculated quality with a different design each year. A freeze of the design was announced with the 2001 issues—and thus the 2002 pandas were identical to 2001. But collectors spoke up in behalf of annual changes, and China reverted to their original policy. Certain years are also designed by different designers. The design of the obverse changes less frequently than the design of the panda change. The official Chinese panda coins should not be confused with Chinese medals that also use a panda.
The obverse of the coin depicts the Temple of Heaven in the center with Chinese characters on top saying “Zhonghua Renmin Gongheguo” meaning People’s Republic of China and the bottom the year of issue. If the issue is a commemorative issue, the theme will be marked here also.
The reverse has different portraits of panda that changes every year (except for 2001 and 2002, which share the same design).
Gross Weight: 1 troy ounce Diameter: 32 mm Thickness 2.70 centimeters
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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