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Purchase gold coins
Autor: Rolf van Zanten Date: 16 May 2024

Purchase gold coins

Gold coins are available in various weights and are minted by official mints. These coins are struck in pure gold (at least 99.9% gold purity) and are offered at a price based on the current gold market price.
The most common gold coins are minted in 1 troy ounce, equivalent to 31.1 grams. Several countries issue these types of gold investment coins, each with its unique design. Almost always, a gold coin has a nominal value, which is displayed on the obverse side of the coin. However, the value of the gold is always much higher, and the nominal value is more symbolic in nature. Such gold coins are traded at a price slightly higher than the gold market price itself. Often, purchasing gold coins is possible at a premium of a few percent above the current gold market price.

Internationally recognized gold investment coins

Well-known gold coins include the Krugerrand and the Maple Leaf. The Krugerrand originates from South Africa and has been issued since 1967. This coin contains a small amount of copper, making it sturdier and giving it a reddish hue. Modern coins, such as the Maple Leaf from Canada, are minted in 99.99% pure gold. Additionally, other countries have issued gold investment coins, such as the Philharmoniker from Austria. All gold coins offered by The Silver Mountain are equally well-known worldwide and equally easy to trade. Depending on market conditions, one coin may be cheaper than another, even if the weight and purity are identical. This may be due to a lower premium charged by the mint. The premium is the markup above the gold market price charged by the mint.

Buying gold coins online

Buying gold online is straightforward. All prices you see are automatically adjusted every three minutes based on the most recent gold market price. This ensures that you are paying the correct price. When purchasing gold coins, you can immediately see the delivery time and applicable costs. It is possible to have the coins delivered fully insured via our in-house courier or to arrange to pick up your order at one of our offices by appointment. Additionally, you can opt to store the gold with our sister company, Edelmetaal Beheer Nederland. This is possible for orders starting from EUR 5,000.
When you place an online order, you enter into a binding agreement. Similar to buying stocks, such a purchase cannot be canceled afterward. Payment must be made within three business days. You will be kept informed of the order processing via email. All shipments are always fully insured, and an identity check is required to receive the order. Payments can be securely made via iDeal, bank transfer, or potentially in person at our offices (via debit card or possibly cash).