Gold Coin

The Various 24 Carat Gold Coin Types

Till date, there has been no substance that is 100% pure, still 24 carat gold coin has the maximum purity of gold (.9999 %). Canadian Maples, Australian Nuggets, Chinese Pandas, and Austrian Philharmonikers are all made of 24 Carat gold. Lets have a detailed look at two of these gold coins.

Australian Nuggets

The Nugget or kangaroo is considered to be an Australian version. You can find many countries that are issuing a one ounce bullion coin that is ready to sell at a very low premium over the actual gold value.

Nuggets had come into existence in 1986. The Australian Nuggets were depicted as a design on the reverse of the coin of Australian Nuggets. Each size of the Australian Nuggets contained a different famous gold nugget's picture. These Australian gold Nuggets are available in the market in four different weights and sizes that vary from one ounce to one tenth of an ounce.

The new designs of the Australian Nuggets are also available in the market. In new designs, a picture of H.M Queen Elizabeth II is depicted on the obverse of the Australian Nuggets and the reverse contains individual themes.

There is not a fix price quotation on Australian Nuggets website because the prices of gold bullion fluctuate constantly. Well, according to last update of this website, you can get nuggets at 10% premium for singles, and 10 pound premium for quantity of ten or more.

Canadian Maples

Another 24-carat gold coin is Canadian Maples. Canada was supposed to be the first country to bring a pure gold bullion coin, which was named as the Maple or Maple Leaf. During the introduction of a one ounce version of this coin, it had 99.9% pure gold, that was replaced by pure gold percentage of 99.99% from 1983 onwards.

Gold Canadian Maples are available in the market now in six different sizes and weights, ranging from one ounce to one twentieth of an ounce. The face value of the original one ounce and the tenth ounce version is fifty dollars and five dollars respectively, while the quarter ounce has a ten dollar face value rather than twelve and a half dollars.

In a design of the Canada's one ounce bullion coin, the reverse features the maple leaf, while a portrait of Queen Elizabeth II is depicted on the obverse of this coin. The prices of Canadian gold bullion also fluctuate regularly, but still you can get maples at 10 % premium for singles over the intrinsic bullion price.

The postage and packaging of both the 24 carat gold coin types is very simple. If you are living in UK and want to buy these coins, you can get coins through registered post by paying 5 pound extra per order. While being a USA customer, you can get these coins through Airmail, by paying $10 per order.