Top 5 Gold Bullion Coins for Investors

1. American Gold Eagle
2. American Gold Buffalo
3. Canadian Gold Maple Leaf
4. Australian Gold Kangaroo
5. Austrian Gold Philharmonic

For thousands of years, people around the world built wealth with gold. Today, gold remains a proven strategy for investors to diversify their portfolios and protect and grow their wealth.

Owning physical gold has many benefits over “paper” gold like exchange-traded funds (ETFs) or mining stocks. ETFs and mining stocks do not always follow the price of gold and you never take physical ownership of gold. Notably, there are sometimes outside forces at play that move paper investments at different rates and in different directions than the spot price of gold. For example, gold mining stocks can be impacted negatively by workforce strikes, political strife in the countries where minors operate, poor company management, and accounting issues. Gold could be performing strongly and a mining company’s stock may not reflect the commodity’s performance. ETFs have their own set of unique issues, including management fees, marketing fees, and storage and insurance fees. Investors putting money into ETFs also do not take possession of the gold they’ve invested in. Physical gold does not have these same downsides.

There are many different gold coins to choose from. We outlined the five best gold bullion coins for investors to consider. All of these gold coins are recognized around the world for their purity, and authenticity and are easily bought and sold.

Another benefit to the top five gold coins on our list is that they are all approved by the Internal Revenue Service (IRS) to use in your IRA account. Let’s take a look at the five best gold coins to use in investing.

1. One Ounce American Gold Eagle

One-ounce American Gold Eagle coins are hands down one of the most popular and widely recognized gold coins around the world. The U.S. Mint produces these coins, which are made of 22-karat gold, and offers investors a rock-solid investment in an ever-changing economy. The value of American Gold Eagle coins moves independently of the stock and bond markets, which offers investors strong portfolio diversification value. Indeed, historically, when the stock market crashes, the price of American Eagle gold coins soars higher. In 1986, President Ronald Reagan signed into law the program to mint American Eagles, which became the global standard for bullion coins. These coins are 100% American-made. Like all the coins on our list, you can buy and store the one-ounce American Gold Eagle in your self-directed precious metal IRA account.