Throughout time, great civilizations flourished with sound money, having a consistent intrinsic value of a reliable amount of precious metals that promotes efficient barter or to store excess productivity as wealth. Gold coins have been a great catalyst for economic prosperity, and everything from ancient civilizations to more modern empires grew prosperous with gold coinage. However, when rulers substituted gold coinage with a form of currency that had no intrinsic value, called “Fiat Currency,” once prosperous nations met their demise. The word "fiat" means by government edict. It is simply impossible for a government to magically proclaim sound money and reliable purchasing power of wealth with a paper currency. By their nature, fiat currencies devalue over time. This macroeconomic principal is at the heart of why investing in gold and other precious metals is so important.
In today's world of fiat currencies, buying gold coins could still be the answer for sound economic prosperity. Owning a relatively small amount of precious metal coins together with your wealth held in dollar denominated classical investments like stocks and bonds may provide reduced volatility/risk in your investment portfolio. Having just 10% in precious metals can offer benefits of a solid solution for wealth diversification much like the economic advantage of stockpiling sound money for thousands of years.
Bullion coins have a proven ability to protect wealth and preserve one's purchasing power, and the most popular investment grade coins offer divisible size and are universally acceptable in a recognizable form. This makes the purchase and sale of gold coinage convenient through reputable coin dealers. Monex is one of America's premier coin dealers because of its sizable buy-and-sell bullion and coin market. Billions of dollars in transaction volume is proof that Monex offers competitive gold coin prices, making Monex the preferred source for the purchase of coins. Whether it be for investing in pure 24k gold Canadian Maple Leaf, American Buffalo or Vienna Philharmonic coins, or other monetary coins like the Krugerrand or the US American Gold Eagle, buying coins is a convenient method for wealth protection and profit potential.
Gold Bullion Coins Available:
The gold American Buffalo, the first pure 24-karat gold bullion coin produced by the United States Mint, was first introduced in 2006. The obverse side of the gold American Buffalo features the profile of a Native American man, while the reverse side features the silhouette of an American bison standing in profile, modeled after "Black Diamond," a popular attraction in the New York Zoological Gardens in the early part of the 20th century. The images were originally featured on the popular "Indian Head" or "Buffalo" nickel, minted in the U.S. from 1913 to 1938. One-ounce Gold American Buffalos are available from Monex in 10 coin units.More Information
First released by the United States mint in 1986, the gold American Eagle was the first modern coin to be authorized by the United States congress and is backed by the US Mint for its weight, content and purity. The obverse of the coin, originally designed by Augustus Saint-Gaudens for the country's $20 gold piece minted from 1907 to 1933, carries the image of a full length figure of Lady Liberty holding a torch in her right hand and an olive branch in her left. The reverse side of the coin bears the image of a bald eagle carrying an olive branch, flying towards its mate in a nest with their hatchlings. The 22k .916 fine Gold American Eagles, containing one troy ounce of pure 24k gold, are available from Monex in units of 10 one-ounce coins; fractional sizes of quarter-ounce and tenth-ounce coins are also available from Monex, in units of 20 coins.More Information
Pure .9999 fine gold Canadian Maple Leaf coins are known and respected throughout the world because of the impeccable standards of quality mandated by the Royal Canadian Mint. On the obverse side, the gold Maple Leaf coin features the image of Queen Elizabeth the second, along with the denomination and date of issue, while on the obverse side, an image of Canada's national symbol, the maple leaf, from which the coin derives its name. One-ounce Gold Canadian Maple Leafs are available from Monex in units of 10 one-ounce coins; fractional sizes of quarter-ounce and tenth-ounce coins are also available from Monex, in units of 20 coins.More Information
The next member of the Maple Leaf family of coins, first minted in 2017 by the Royal Canadian Mint, is the MegaLeaf ™. It is a .9999 (or “four-nines”) fine, legal tender pure gold coin that contains 50% more pure gold than a standard Gold Canadian Maple Leaf — AND — is one of the most artistically-stunning coins ever produced by the Mint. MegaLeaf ™ combines a number of design features previously introduced by the Canadian Mint on other world-class bullion coins produced in years past. Precise radial lines that emanate from the center of the coin's obverse create a light-diffracting pattern that also serves as a unique state-of-the-art security feature. This radial line effect also carries over to the reverse of the coin and is used in the outer ring of the coin's "tails-side" design. On the coin's reverse is the maple leaf image created by Royal Canadian Mint artist and senior engraver Stan Witten, the same image that was used on the Mint's "Million-Dollar Maple Leaf" – a 100 kilogram "five-nines" pure gold bullion coin boasting a $1 million face value, first produced in 2007. The reverse of the coin also features a micro-engraved maple leaf laser mark in the coin’s field.More Information
Minted in 2014, the one-ounce Gold Canadian Howling Wolf is the first coin in the new four-coin ''Call of the Wild'' series of premium gold bullion coins produced by the Royal Canadian Mint. The Howling Wolf is one troy ounce of the purest gold available in any legal tender gold coin – 99.999% pure (or “five-nines” fine) – and includes a unique micro-engraved security feature that helps to confirm the authenticity of the coin. Each Howling Wolf gold coin is encapsulated on a plastic assay certificate card slightly larger than a standard credit card for additional security and protection. The coins carry a face value of $200 (Canadian), the highest face value of any one-ounce legal tender gold bullion coin in the world. Monex offers the Gold Canadian Howling Wolf coins in units of 10 one-ounce coins.More Information
Issued in 2015, the one-ounce Gold Canadian Growling Cougar is the second coin in the four-coin ''Call of the Wild'' series of gold, premium coins produced by the Royal Canadian Mint. The coins carry a face value of $200 (Canadian), the highest face value of any one-ounce legal tender gold coin in the world. The Growling Cougar is exactly one troy ounce of the purest gold available in any legal tender gold bullion coin – 99.999% pure (or “five-nines” fine) – and includes the RCM's unique micro-engraved security feature. Each Growling Cougar gold coin is encapsulated on a plastic assay certificate card about the size of a standard credit card, for additional security and protection. Monex offers the Gold Canadian Growling Cougar coins in units of 10 one-ounce coins. A special co-branded Monex and Royal Canadian Mint storage case is included free of charge for those purchasing two units (20 coins) from Monex.More Information
As the third coin in the “Call of the Wild” four-coin series, the Roaring Grizzly is a 1-ounce 99.999% pure gold minted in 2016. Rendered in exquisite detail by Royal Canadian Mint engravers, this coin celebrates the grizzly bear’s growl. Crafted in the Royal Canadian Mint’s exacting standard of 99.999% pure gold, the highest standard of pure gold available in the world, it features a micro-engraved maple leaf laser mark in the coin’s field. Unique credit-card sized packaging is ideal for easy handling and storing, and it has an assay certificate on the back of the card that certifies the authenticity and purity of the coin, signed by the RCM’s Chief Assayer.More Information
The fourth and final special edition one-ounce coin in the "Call of the Wild" series is minted for 2017 in 99.999% pure gold. Struck in elegant detail by Royal Canadian Mint engravers, this coin celebrates North America's majestic elk. Issued by the Royal Canadian Mint in its exacting standard of 99.999% pure gold, it is the highest standard of pure gold available in the world. The Gold Bugling Elk features the micro-engraved maple leaf laser mark for added security. Its unique credit-card sized packaging is ideal for easy handling and storing, and it offers a RCM signed assay certificate on the back of the card that certifies the authenticity and purity of the coin.More Information
The fifth coin in the "Call of the Wild" series is finally here. The Golden Eagle is the fifth coin in the series and continues the lineage of beautiful, gold Canadian minted coins. This coin celebrates the eagle, one of Canada's largest and most powerful birds of prey, a raptor whose high-pitched call is generally reserved for its mate and nestlings. Swooping and soaring in the skies over open country, the golden eagle is named for its gleaming feathers, which shine brighter than ever on the reverse of this 99.999 % pure gold bullion coin.More Information
Pure .9999 fine gold Vienna Philharmonics are legal-tender gold bullion coins recognized throughout the world for their beauty, purity and high quality. Vienna Philharmonic coins are produced by the Austrian Mint in Vienna, Austria, which has been producing innovative coinage and currency for over 800 years. One-ounce Gold Vienna Philharmonics are available from Monex in units of 10 one-ounce coins; fractional sizes of quarter-ounce and tenth-ounce coins are also available from Monex, in units of 20 coins.More Information
The South African Krugerrand is the original one troy ounce gold coin made by a government and valued on the content of its gold, rather than the face value of the coin. The Krugerrand was the first coin to contain one troy ounce of gold, and was intended from its inception to provide a way for the private investor to purchase precious metals. The South African Krugerrand is a 22-karat coin weighing a total 1.0909 ounces (or 33.930 grams). It is comprised of one troy ounce of pure gold and 2.826 grams of a copper alloy which is used to give the coins higher durability and to make them more resistant to scratching, and gives the coins a unique orange-gold hue. Today, the Krugerrand is regarded as one of the worlds' oldest and most recognizable coins, carrying with it all of the qualities one could want in a gold investment: liquidity, portability and beauty. Krugerrands are available from Monex in units of 10 coins.More Information
Gold Coin Investing FAQ's
What are advantages of gold bullion coins compared to bars?
First of all, gold coins have the advantage of containing a precise and consistent weight and purity, along with uniform dimensions, making it easy to verify their authenticity without destructive, costly and time consuming assaying. Secondly, investment grade gold coinage represent legal tender of the government's mint that issues them, and as such, generally receive favored status in tariff-free trading across the globe. Third, one-ounce and fractional gold minted coins are more divisible than the commercially efficient 10 ounce, 100 ounce and 32.15 kilogram bars. Finally, it is generally agreed that coins are more valued due to their aesthetic appeal being struck in great detail from mint engravings.
How do I order gold coins from Monex?
Monex tries to make it easy for you to buy gold coins. Once you have decided on the type of gold coinage to purchase, your Monex Account Representative will assist you in executing your order over the phone. Your purchase and price will be confirmed on a voice recorded line after your acknowledgment, and a written confirmation will be sent to you with the details of your order. Payment may be made after you order, but must be initiated on the day of purchase, which means you must mail or wire funds on the day of your purchase. You can have your metal (a) shipped to your home; (b) made available for pick-up at over 30 facilities across the U.S. and Canada; or (c) have your metal delivered to a bank/depository for storage.
Why should I order more than one gold coin at once?
Buying and selling gold in greater quantity offers greater efficiency, which means better pricing for you, the customer. Monex selects only the most popular and liquid investment grade products, and buying more than one coin has proven beneficial over its history and fifty years of experience.
Can I buy just one gold coin at Monex?
Yes, now you can purchase just one coin at Monex in a format that offers impeccable beauty, packaging and value. New to the Maple Leaf family in 2017, the 1.5-oz. Gold Canadian Maple Leaf, called the MegaLeaf™, is minted in .9999 (or “four-nines”) fine gold by the Royal Canadian Mint. It is a legal tender and contains 50% more pure gold than a standard Gold Canadian Maple Leaf, and includes a handsome presentation box for display and portability protection.
Which gold coin should I purchase?
While all coins have values, which are correlated to the variances in the price of gold, having the most popular investment grade bullion coins offers the best choice for a gold investment. The best investment grade gold coinage may vary in design, but they generally increase or decrease in value at the same pace. The purest 24k .9999 fine or .99999 fine coins suggest better value in markets when supply of coins exceeds their demand. The Royal Canadian Mint has the reputation for having the best value for purchasing gold bullion coinage.
Is a gold coin money?
Not only is gold coinage money, but it is often referred to as real money. To truly be a “gold coin” it must be legal tender of the government that issues it. Because the face value of gold minted coins are beneath the intrinsic value of its bullion, gold coinage is not used in commerce. However, as governments restrict the use and ability of confidential cash transactions, true honest money in the form of gold coinage could easily become a popular money for commerce.
What coins are acceptable in an IRA?
Any gold coin which contains pure gold along with any Gold American Eagle is acceptable in an IRA. Make sure to call an Account Representative at Monex and ask about the application process of including gold coinage in your IRA.
What is the most pure gold coin?
The most pure popular investment grade gold coinage is issued by the Royal Canadian Mint in 5-9 .99999 fine gold. Most popular are the recent four-coin Call of the Wild series and the special issue .99999 fine Maple Leafs.
Who is on the Krugerrand?
On the face of the Krugerrand, the portrait is of the well-known Boer leader and local hero, Paul Kruger, who became the last president of the Republic of South Africa. His full name is Stephanus Johannes Paulus Kruger, and he was born October 10, 1825. Kruger was a farmer, soldier and statesman, and considered historically as the founder of the Afrikaner nation. He was president of Transvaal, or South African Republic, from 1883 until his flight to Europe in 1900, after the outbreak of the South African (Boer) War.
Where can I find Monex’s prices for gold coins?
Discover the advantage of buying and selling gold and other precious metal investment instruments at Monex. Use the live prices page to compare both the buy and sell prices to gain an appreciation for the benefits of greater liquidity in the marketplace. Monex makes a vast market that is not limited to a few substandard items, and it maintains one spot price to offer transparency in pricing. Getting what you order, at the best prices over the long haul, is what Monex believes in, and why the Monex companies celebrate fifties years of precious metals history and experience.
Gold Coin Products
- Gold American Buffalos
- Gold American Eagles
- Gold Canadian Maple Leafs
- 1.5-oz. Gold Canadian Maple Leaf
- Gold Canadian Growling Cougar
- Gold Canadian Howling Wolfs
- Gold Canadian Roaring Grizzly
- Gold Canadian Bugling Elk
- Gold Canadian Golden Eagle
- Gold Vienna Philharmonics
- Gold South African Krugerrands