Anyone who is looking to get into the world of collecting International bullion Coins needs to know a few of the basics about some of the coins of this type. Below is some information about some of the most famous International bullion coins which can be found by collectors today. This information can serve as guide so that you can get started in this type of fun coin collecting and it will also help you when speaking other coin buyers and sellers who deal in International collectors coins.
The Gold Krugerrand
Many people have heard reference being made to the gold Krugerrand when making reference to something costing a small fortune. While people may have heard of these coins many have no idea where the coin is from and any other information about it. Information about the gold South African Krugerrand is part of International bullion coin buyers 101.
The Krugerrand has the profile of the South African statesman Paul Kruger on the obverse and springbok on the reverse. The coin was put into production as a way for individuals to be ability to personally own gold bullion. The coin was distributed in 1967. This is one of the only gold bullion coins which were intended to be put into circulation as currency. There fore it is made of a more durable alloy than most other bullion coins and total one troy ounce which is a plus for coin buyers and sellers.
Krugerrand proofs are far more valuable than the non-proofs of these coins. Although the non-proof coins can command amounts which are The Krugerrand proofs are different from the non-proofs in the number of serrations they have on the edge of them. Proofs have two hundred serrations while the non-proof coins have one hundred sixty serrations on their edge.
Canadian Maple Leaf
Coin buyers and sellers who deal with International bullion coins are all familiar with the Canadian Maple Leaf. This is because the creation of this coin was inspired by the Krugerrand. This Canadian coin was first distributed in 1979 just 12 after the first Krugerrand. The original coins have the portrait of a younger Queen Elizabeth II on them while the ones made after 1990 have a more mature version of her on them. All versions of this coin have a maple leaf on the reverse which the national symbol of Canada.
All coin buyers and seller know that is coin must be handled much more carefully than other bullion coins because of its high gold content. Since the gold level of the coin is so close to 100% the coin can be very easily scratched and damages thus reducing its grade level and value. Those looking to collect this coin should not keep it as a raw coin. Instead it is best to have this coin graded and then sonically sealed by one of the top grading service. This is the only way you can fully protect these coins from being damaged.
Photo Credits: DrusMAX
Originally posted 2010-08-11 01:31:10. Republished by Blog Post Promoter
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