Coins of The World: European Gold Coins
European gold coins offer many benefits to the collector that modern gold bullion coins do not. Their relative scarcity, collectibility, and beauty make them not only a smart investment but a coinage that is worth collecting.
European gold coins include the British Gold Sovereign, French 20 Franc, the German Gold 20 Marks, and the Austrian Gold Ducat, to name only a few.
European gold coins are a smart alternative to modern bullion coins such as the American Gold Eagle, Canadian Gold Maple Leaf, or the South African Gold Krugerands. They offer all of the benefits of modern gold bullion, plus added leverage to the gold market because of their scarcity and collectibility factors.
A wide variety of gold bullion coins from Europe are available. You can find gold coinage from European countries such as Austria, Great Britain, the Netherlands, France, Germany, Greece and Italy.
Europe's gold coins are internationally recognized and can be traded throughout the world with relative ease.
These coins are 1/4 ounce or smaller. This is because these coins were once actually used as money. Their small fractional size is especially convenient when it comes time to sell, barter, or liquidate the coins.
For almost the same price per ounce as modern gold bullion, classic gold bullion coins from Europe offer many additional benefits. Market availability is subject strictly to what is available on the open market and what has survived the ravages of time, melt downs, hoarding and other means of attrition.
When the United States government last confiscated gold from its citizens via presidential decree in 1933, gold coins having a recognized special value to collectors of rare and unusual coins were exempt. If the government outlaws and confiscates gold bullion, rare coins such as European gold coins should be exempt.
By Christina Goldman