Types of Gold Coins: The Popular Ones

There are several types of gold coins that are sought after by both collectors and investors alike.

Types of Gold Coins: Popular Series

The American Gold Eagle: This is the official gold bullion coin of the United States, first minted in 1986 by the US Mint. The obverse of the coin features a full figure of Lady Liberty holding a torch in her right hand and an olive branch in her left hand. The reverse of the coin portrays a male eagle holding an olive branch, flying above a nest enclosing a female eagle and hatchlings. The coin is available in the denominations of $5, $10, $20, and $50. For coin collectors, a proof version of this gold coin is produced by the US Mint.

Krugerrand: Krugerrand is among the most popular gold coins produced by the South African Mint Company in 1967. It was minted to be used as currency. The coin is a durable alloy of gold and copper, with 91.67% gold and 8.33% copper. The obverse of the coin features the face of Paul Kruger, former president of the old South African Republic, while the reverse features a springbok, one of the national symbols of South Africa. Very few proofs of Krugerrand neeeproduced by the company for collectors.

Russian Golden Chevronets: These gold coins were introduced by Russia in 1701 and were minted until 1757, after which they were replaced by the ruble. However, their production was restarted in 1925, after the end of Russian Revolution and the Civil War. Only five chevronets coins are known today, three are housed in the Museum of Goznak and the other two in the Pushkin State Museum of Fine Arts in Russia. These coins have great value as collector’s items.

Chinese Gold Panda: This series of gold coins was introduced by the People’s Republic of China in 1982. These coins are made of 99.9% gold. The design of these coins changes every year. The obverse of the coin depicts the Temple of Heaven with Chinese inscriptions “Zhonghua Renmin Gongheguo” and the year of mint. The reverse of the coin features different images of the Panda, and are changed every year. These coins come in different denominations of 25, 50, 100, 200, and 500 Yuan.