I am looking to purchase a gold coin collection. At the moment my budget won't allow for a 900 to 999 fine gold coin. I know some countries make a gold coin with lower gold content. I read somewhere a country made a .375 fine gold coin. So...all your world coin gurus out there...let's see some modern (1900s-2000s) gold coins with low fineness.
You can get lower denomination US gold coins for a fair price. But if you're interested in gold as a bullion there are always gold world coins that sell for purely PM value.
I'm not talking about a small 900 fine coin, but a larger coin with lower fineness. Fineness has no factor. So If I can buy a 500 fine coin that is twice the size of a 999 coin for the same price, that would be great!
I did a collection of Mexican 2 peso gold coins when I was younger. I really wanted to do a gold collection, but that was the only one that I could see being possible with my lawn mowing and Kool-aid stand budget. I have no idea what they are going for these days, but I remember them being about $25 each at the time.
Franklin Mint made a bunch of gold coins .500 fine some are nice coins. also the Canadian mint has some 14kt coins. I don't think you want to go any lower than that. i won't buy under .900 fine but that's me.
No insult intended, but if you are looking for coins with low gold content, why don't you collect gold plated state quarters? You get plenty of coins, meaningful if you were a USA citizen, and you get your gold too!
If you're looking for the illusion of having a collection of gold coins, then I agree with BioEtOH, just go with gold plated. I have a gold plated Canadian dollar (one of the older nickel ones) that looks very impressive. They sell for about $10 - $15. But if you're looking for coins with actual gold content, then you have to pay the price that gold is currently at.
Instead of trying to look like a spacone, collect or invest only in the finest that you can afford. In the long run, you'll be much better off.
There are very few less than 14k coins out there and most of them do have high premiums, you are better saving money and grabbing a 1/10 oz 999 coin.
I wouldn't consider a coin with .375 gold content to be a gold coin. That would simply make it some other kind of coin with a little gold in it.
Have a look at provident metals list of gold coins http://www.providentmetals.com/bullion/gold/foreign-g.html?dir=asc&order=price I would say the cheapest you could get is mexican gold coins. The Mexican section: http://www.providentmetals.com/bullion/gold/foreign-g/mex-g-peso.html
I'm surprised nobody mentioned it sofar, the Australian Lunar series 1/10 oz coin is rather affordable and has a slightly increased diameter (18.1 mm) and is pure gold. The South African 1 Rand coin might also be interesting (19.4 mm -the predecessor to the Krugerrand).
The truth is the size of the coin means nothing. If its the metal content you want you should go for a good solid gold coin. You can buy a brick with little gold in it and at the end of the day its still a brick with little gold. You can also start with the 1/10 AGE which is quite affordable.
Seconded on Mexican gold pesos. They are very nice coins, fairly high purity at .900, and I guess they have some historical value as well. I have a 2 peso coin, extremely small (less than a dime even) but very affordable. If price is really an issue, I'd say go for some of those.
I can understand the desire to own a moderately large gold coin, and also the reasoning that if it is only 10 K or 14 K, it would still look good and be laarge enough to seem substantial. If it were a recognized real coin, there is no intent to deceive someone into thinking it is 99%.
Maybe that Buffalo Tribute coin they advertise on TV is the gold coin for you. It looks real and I'm sure it will really impress your friends. $19.95 plus S&H.
