Choosing which 1 oz gold coin to buy is difficult decision. From Krugerrands and Britannias to coins with more exotic designs like the Lunar series, the range of choice is large. In this article, we cover the 5 best 1 oz gold coins to buy for gold investment.
| Country of Origin | United Kingdom |
| Manufacturer | Royal Mint (UK) |
| Gross Weight | 1 ounce (31.1035 grams) |
| Fine Gold Content | 1 ounce (31.1035 grams) |
| Tax Status | VAT Free + Capital Gain Tax Free |
| Carat / Purity | 24 carats / 999.9 |
Gold Britannias coins have always been the most popular bullion coins in UK. They are one of the most competitive investment product compared to other 1 oz gold bullion coins. Not only they are free of VAT, but they are also exempt of Capital Gain Tax. This is why british investors favour them. Any profit made on resale is free of CGT.
Their price is more competitive when it comes to buying them in quantities. Their markup over spot is lower starting from 2 coins. Gold Britannias are also available in fractional ounces, such as 1/2 oz, 1/4 oz and 1/10 oz.
Why you should buy gold britannias ?
Please note : Gold Britannias manufactured during 2012 or earlier are 22 carat purity. These gold Britannia coins contain exactly 1 troy ounce of pure 24ct gold, but their weight was slightly higher than 31.1g or 1 troy ounce.
| Country of Origin | South Africa |
|---|---|
| Manufacturer | South African Mint |
| Gross Weight | 33.93 grams |
| Fine Gold Content | 1 troy ounce (31.1305 grams) |
| Carat / Purity | 22 carat / .9167 |
| Tax Status | VAT Free |
The Krugerrand is the de-facto most recognised gold coin worldwide. Since its introduction in the market in 1967, it has encountered more sales than all the other 1 oz gold coins together.
The krugerrand is a 1 oz gold coin favoured by investor of any size. In fact, it is also popular because it tends to have one of the smallest markup compared to other 1 oz gold coins. Moreover, the coin is also available in fractional ounces , such as 1/2 oz, 1/4 oz and 1/10 oz, since 1980.
Finally, gold krugerrand are usually easy to sell, because of their historical recognition worldwide. Their 22 carat alloy (with 8.33 % of copper) make them more resistant compare to fine gold coins like Maple Leaf.
Why you should buy gold Krugerrands?
| Country of Origin | Canada |
| Manufacturer | Royal Canadian Mint |
| Gross Weight | 1 troy ounce (31.1305 grams) |
| Fine Gold Content | 1 troy ounce (31.1305 grams) |
| Carat / Purity | 24 carat / .9999 |
| Tax Status | VAT Free |
The Maple Leaf is considered as the world purest bullion coin, because it is manufactured with five 9 of purity (999.99).
The Maple Leaf was the second 1 oz investment gold coin available to the public after the Krugerrand. It remains highly popular since its introduction in 1979, because of its very small premium over spot. This make it an attractive product for investors looking to buy gold at the smallest price per gram.
The gold Maple Leaf is a bullion coin that encompasses a lot of standard of quality. Apart from the high gold purity, the most recent 1 oz gold Maple Leaf contain a micro engraved mark that guarantee their authenticity. Over the years, the design of the coin has evolved. The surface of the coin now contains radial lines that gives a unique "light diffracting pattern" to the coin.
Why you should buy a gold Maple Leaf?
| Country of Origin | Australia |
| Manufacturer | Perth Mint |
| Gross Weight | 1 troy ounce (31.1305 grams) |
| Fine Gold Content | 1 troy ounce (31.1305 grams) |
| Carat / Purity | 24 carat / .9999 |
| Tax Status | VAT Free |
The Australian Kangaroo is the most popular gold bullion coin from the Perth Mint. Made of 24 carats gold, its popularity comes from its unique reverse design.
Like the Chinese gold Panda, it is one of the few legal tender bullion gold coins to change its design every year. For each year of issue, the coin features one or several kangaroos in different positions. This is the main reason that this bullion coin is so appreciated by collectors and investors.
Why you should buy a gold Australian Kangaroo?
| Country of Origin | United States |
| Manufacturer | United States Mint |
| Gross Weight | 33.93 grams |
| Fine Gold Content | 1 troy ounce (31.1035 grams) |
| Carat / Purity | 22 carat / .9167 |
| Tax Status | VAT Free |
Finally, the American Eagle is classic gold bullion coin to invest in. It is among the most demanded gold bullion coin, but especially in USA. The coin features a unique design, with a lady liberty and a soaring eagle. Its worldwide recognition make the 1 oz gold Eagle coin a relatively liquid gold coin in the bullion market.
1 oz gold Eagles are very popular in USA because they offer tax advantages for US investors. Firstly, they are an approved investment vehicle for Individual Retirement Account (IRA). Secondly, they are exempt of Internal Revenue Service Form (1099-B). Finally like any other gold bullion product, they are exempt of VAT.
The 22 carat alloy of the American Eagle contains 3% silver and 5.33 % copper for better durability. According to the US Mint, they are made of gold coming only from US mines.
Why you should buy American Eagles?
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