Gold bullion coins sell for the value of their gold content with small premiums (2% to 5%) to cover cost of production and distribution. In contrast, typically promoted numismatic coins can have premiums of 30%, 50%, even 100%, depending on the dealer.
The Dangers of Buying Gold details the pitfalls in buying numismatic coins.
Best Selling Gold Coins
Additional Gold Coins
In addition to the above mentioned coins, other gold bullion coins are sometimes available. Some of them are no longer minted but show up in the secondary market from time to time; others are currently being minted but have not gain popularity.
Such coins include the Mexican 50 Pesos, the Austrian 100 Corona, the Hungarian 100 Korona, and the Austrian Philharmonic. Generally, these coins sell at smaller premiums than the coins described individually above.
Gold coins in IRAs
For gold coins to be eligible for IRAs, they must be at least .999 fine or be American Gold Eagles.
To learn more about setting up a self-directed IRA that accepts gold and silver products, read Putting Gold and Silver in IRAs.
How to buy gold coins
For more information about how to buy gold coins from CMI Gold & Silver Inc., see Doing Business with CMIGS. If you are interested in selling your gold coins (or gold bullion), visit selling gold and silver to CMIGS.
If you would like to discuss buying gold coins, call us at 1-800-528-1380. We take calls between 7:00 a.m. and 5:00 p.m. MST, Mondays through Fridays.
Although the minimum gold order at CMI Gold & Silver Inc. is five ounces, smaller quantities of gold often can be found on our Gold Specials Page.