Searching for a gold coin

Hello.

 I am searching for a gold coin, but do not have a big budget. Do any of you know what the cheapest  gold coin is?

 Regards.

You should be looking for the lightest coin issued in large volume. That way your price is down to metal value.

https://en.numista.com/catalogue/index.php?r=bullion&st=147&cat=y&im1=&im2=&ru=&ie=&ca=3&no=&v=&a=&dg=2020-2025&i=&b=&m=6&f=&t=&t2=&w=1&mt=&u=&g=&se=&c=&wi=&sw=

It is probably 0.5g Australian 2 dollars or 1g Chinese 10 yuan or any other half gram coin. Or 1 gram Valcambi/PAMP bars. Depends on availability.

Greetings.  I don't see it on Numista yet, but do a Google search for the "2025 0.5 Gram Somalia Gold Elephant" Coin.  You can get it online from resellers in the U.S. for somewhere between $70 - $75 (USD).  Also, you may want to check with your LCS (Local Coin Shop) to see if they have some fractional gold coins on hand.

I suggest a different approach. The smaller the coin the higher the premium will be. For instance, the aforementioned 0,5 gram Somali gold coin has a melt value of just over 40$, buying it for 70$ is paying 75% above melt value. I suggest looking at LMU (Latin Monetary Union), the smaller 3.3875 g coins have a melt value of around 250$ and you can get them between 5% and 10% above spot.

While they might be more expensive than the 0,5 gram coins in terms of price their melt vs price value is much more reasonable. Also these coin actually circulated and have numismatic and historical value. If you're going to invest in gold why not save up a bit and buy a real coin.

Hello.

      First, familiarize yourself with the market. What is on offer in brick-and-mortar stores, and order online only from verified and responsible sellers.

Here is a sample of our auction website where deals are made daily. Supply and demand are determined by the market.

https://aukro.cz/lp/numismatika-investicni-zlate-mince

https://aukro.cz/lp/numismatika-ceske-zlate-mince?levne=

Ahoj Ivan

Using location based on your username, I would try buying gold Mexican 2 ½ peso coins

Just now, the auction for a tiny gold coin, 11mm and weighing I think 0.20g, ended.

This is a 5th century coin from the Silk Road, attributed to the Hun tribes. Its title is: Expulsion from Paradise, namely, “Eve and Adam”

golden breccia

             . 92,45$

Ivan

I guess you can find a gold fanam very cheap somewhere

N#80577

Good suggestions so far in here. 

If you can drive any distance, go to a coin show -

https://www.coinshows-usa.com/index.php

You will find numerous dealers selling a variety of gold, and you can stroll around, ogle and compare, and start to make your own list.

you can definately get a nice gold coin for under US$200.

Indian gold fannums are moderately priced gold coins 

Ahoj

     And what about these Japanese rectangular ones, my colleagues? I know you will object to a little gold, so we will also talk about the purity of the metal.

Japan - 2 Shu 1832-1858, Edo Mint - Samurai money

These distinctly Asian coins were minted from the early 17th century until just after the fall of the Tokugawa shogunate in 1869, and reflect the rich samurai culture of feudal Japan. Feudal Japanese gold coins are a relic of a time when Japan was still largely agrarian, feudal, and isolated. At this point in its history, Japan was ruled by traditional samurai lords who had cultivated their warrior philosophy for over a thousand years.

Japan's monetary system during the Tokugawa period consisted of a chaotic mishmash of bronze, silver, electrum (an alloy of gold and silver), and gold coins issued in a wide variety of shapes and sizes.

These smaller Japanese gold shu and bu coins from the Tokugawa shogunate have an unusual rectangular shape surrounded by finely beaded edges, resembling a miniature ingot.  Covered with exotic Japanese calligraphy and stylized paulownia flowers, the gold shu and bu coins clearly exude the style of traditional samurai Japan. 

Au 298/1000 (gold-silver alloy)

. They can also be purchased for up to 100 dollars in our no-bid buy now offer.

I personally like it a lot, and samurai are also emotions.

Ivan

I was going to say what Mr. Midnight already said - go to a coin fair and do a field research.

That's what I did when I got my first gold 2 years ago.

Don't be afraid to ask, say that you're researching which one you want to buy, asks what they have at $200 or below.

A personal advice of mine: Avoid these new NCLTs and restrikes. Since getting a gold coin is a big thing in your life that you can only afford once (or once in a few or many years), get an older circulation coin. It may be a little more expensive than the NCLTs but you'll get a real circulated piece that was used for payment (before the advent of banknotes), it is more significant than something recent made only for collecting.

Keep researching and you'll find something. Perhaps more than once.

Few months after getting my first gold, at the next fair, found a 1900's ottoman gold that was cheaper (and with more metal) than my tiny 1700's portuguese. Paid only a little above melt (value of the time, today the melt value is higher than what I paid).

Ah, look at the small ottomans of 19-20th century.

And for the japanese Shu and Bu that Mimael mentioned above, you must know that these coins have a low amount of gold, the rest is silver.

Thanks all for all your help. I will look into these.

Geison

I guess you can find a gold fanam very cheap somewhere

 

N#80577

👍  A gold fanam was my first gold coin, bought about 50 years ago (and nt in my collection any more).