Gold Bullion Coins are struck from pure gold and are used mainly for investment purposes.
They are generally available in various weights that are multiples or fractions of one troy ounce.
Their pricing includes the market value of gold at the time of purchase, plus a premium of usually 5%. This premium is added to cover the costs associated with the production, distribution and storage.
The most popular U.S. gold coin is the
American Gold Eagle.
This particular coin was introduced in 1986 and still produced each year.
The first 24k pure gold coin available to the public is the
Introduced in 2006, it was created to compete with foreign 24 karat gold coins.