Investing in 1/10 oz gold coins is a great way to save for the future. The world’s most flexible, moveable, valuable asset humanity knows, gold is the perfect vehicle to enable you to diversify your investment portfolio at the same time as buying something that’s pleasurable to look at and own. An affordable and accessible way to get started investing in gold or a convenient way for experienced gold investors to access this precious metal, 1/10 oz gold coins are the perfect solution.
Available in a range of different styles and produced by different mints around the world, 1/10 oz gold coins really are the perfect antidote to inflation and deflation as a glance at any historic performance chart will tell you. Not exposing your cash to the volatility of the stock market or currencies, this way of investing is the perfect way to gain the potential of real and meaningful returns.
Why buy gold coins?
More and more people are looking for different ways to get a return on their savings. No matter how much or how little you have to invest, gold is an interesting and worthwhile investment. When you choose to invest in gold, you can go one of many routes, but two of the most common are to buy collector’s gold or to invest in gold coins that are minted in a limited number each year by mints around the world.
Typically containing some sort of face value, the likes of these 1/10 oz gold coins make investment in gold easy and accessible across the board. You don’t need to be a gold expert and you needn’t search high and low to find the right gold solution for your investment needs.
What exactly is a 1/10 oz gold coin?
A 1/10 oz gold coin, as its name suggests is a coin that is made of gold. Weighing 1/10 of an ounce, you will always be able to establish its worth because you know exactly how much gold you have in your portfolio.
How big are they?
1/10 oz gold coins aren’t huge, but they are attractive coins that are round in shape and make the ideal gold investment. With a firm resemblance to the coins you have in your purse or pocket, some may be slightly bigger than others, but bigger coins will be thinner because they contain the same amount of precious metal as their smaller, thicker counterparts.
Who produces these coins?
These 1/10 oz gold coins are produced in global mints in countries such as Australia, the USA, South Africa, Austria and Canada.
What is their legal status?
More often than not, these coins are considered legal tender because they have a currency value on one of their two faces. The Vienna Philharmonic 1/10 oz gold coin for example has a face value of 10 euros but of course is worth significantly more than that because it is made of gold.
How pure are 1/10 oz gold coins?
Most commonly these coins are made of gold with a purity of 999/1000 or more, which translates to 24 karat.
How much do they cost?
You should expect to pay very slightly over spot price for these coins.
Where should I buy?
The key to investing well in these 1/10 oz gold coins or in fact any other gold coin is to deal with a supplier who has significant buying power in the market and has the capacity to buy at a price that enables them to sell to you at a small margin. Apart from this, you should take the time to reassure yourself that your supplier is knowledgeable when it comes to gold investment as well as trustworthy and with a good track record.