Buying gold coins

Why buy gold coins?

Gold coins are not only a valuable physical investment; they also offer various advantages that make them attractive to both novice and experienced collectors and investors. Here are a few reasons why buying gold coins can be a smart choice:

• Hedging against inflation: historically, gold has served as an effective hedge against inflation, as it retains its value whilst the purchasing power of paper money may decline.
• Asset diversification: adding gold coins to your portfolio can help diversify your investments, spreading risk and reducing potential losses in other market segments.
• Liquidity: gold coins are recognised worldwide and easily tradable, offering you flexibility in managing your investments.
• Long-term value retention: gold has been valued for centuries and demand for it remains strong, contributing to its value retention over the years.
• Tax benefits: in many countries, including the Netherlands, investment gold coins are exempt from VAT, making them even more attractive as an investment.
• Aesthetic value: many gold coins are beautifully designed and are valued for their artistic merit, adding an extra dimension to their investment value.

At GoldBase, we understand the importance of these factors and offer access to a wide range of gold coins that meet these criteria. Our team is on hand to help you understand why buying gold can be a sensible and rewarding decision.

Buying a gold coin: what should I look out for?

When considering buying a gold coin, there are several factors you need to take into account to make an informed choice. A gold coin is not just an investment, but often also a piece of art and history. Below, we discuss some of the most important aspects to consider when purchasing a gold coin.

Key considerations when buying a gold coin:

• Reliability of the seller: ensure you buy from a reliable and certified dealer such as GoldBase, who can guarantee authenticity and quality.
• Storage options: consider whether you want to keep your gold coins at home or whether you would prefer to store them with a specialist safe deposit box provider. GoldBase offers advice and solutions for both options.
• Brand and certificates: choose coins from reputable mints that come with certificates of authenticity. This guarantees the quality and purity of your gold.
• Purity and weight: check the purity of the gold, often expressed in carats or fineness, and the weight, which is usually measured in troy ounces.
• Design and year of issue: these can influence the coin’s collectible value. Special editions or coins from a specific year may increase in value over time.

Which gold coins should you buy?

If you decide to invest in gold coins, the choice of coin type is crucial depending on your goals and preferences. Below, we discuss the different types of gold coins and their characteristics to help you make an informed decision.

Investment considerations: if your primary goal is investment, then the standard 1 troy ounce gold coin is often the most cost-effective option. These coins offer more gold for your money due to their standard size and lower premiums on top of the spot price of gold.

Means of payment: for use as a means of payment or medium of exchange, you may wish to consider purchasing smaller coins. Although these are more expensive per unit, they are easier to trade in smaller transactions.

Choice of bullion coins: you can choose from a range of bullion coins known for their high purity and produced by reputable mints. Some popular options include:

• British Gold Sovereign: Known for its historical and symbolic value.
• Gold Maple Leaf: Issued by the Royal Canadian Mint, known for its 99.99% purity.
• Gold Krugerrand: One of the most traded coins in the world, originating from South Africa.
• Gold Tientje: A Dutch classic often collected for its cultural and historical significance.
• Dutch gold coins: These coins combine the benefits of investing and collecting, with a focus on Dutch heritage.

At GoldBase, we offer a wide range of gold coins from these and other renowned mints. Our range includes coins suitable for both investors and collectors, with options for every budget and investment strategy. Our experts are happy to help you select the coins that best suit your needs.

Types of gold coins

Gold coins come in various shapes and sizes, each with unique characteristics and benefits. Below, we highlight some of the most popular categories you might consider when making your purchase.

• Bullion gold coins: Bullion gold coins are primarily intended for investors and contain a standardised weight of gold. Examples include the American Gold Eagle, the Canadian Maple Leaf, and the South African Krugerrand.
• Numismatic gold coins: Numismatic gold coins are particularly popular among collectors due to their historical value, rarity and design. The value of numismatic coins is determined not only by their gold content but also by their collectible value and condition.
• Commemorative gold coins: issued to commemorate a special event or personality, commemorative gold coins often have a limited mintage and can possess both collector’s value and metal value.
• Fractional gold coins: Fractional gold coins are smaller than a standard troy ounce and offer a lower entry price for gold investments. They are ideal for new investors or those wishing to purchase smaller quantities of gold.

Where to buy gold coins?

Choosing where to buy gold coins is crucial for both the security of your investment and ensuring the coins’ authenticity. It is important to select a reliable and reputable supplier who provides transparency regarding the coins’ provenance and guarantees their authenticity.

At GoldBase, we offer our customers not only a guarantee of authenticity but also secure and trusted purchasing processes. Our wide range of top-quality gold coins from recognised mints ensures that every purchase is a valuable addition to your investment portfolio.

The benefits of buying from a specialist dealer such as GoldBase include:

• Expert advice: our experts are on hand to guide you in your choice, depending on your investment goals and personal preferences.
• Certified and insured products: all gold coins are certified and shipping is insured, ensuring you receive a safe and reliable delivery.
• Competitive prices: we offer competitive prices on our gold coins, based on current market rates.
• Convenience: order easily online from the comfort of your own home, with the assurance of safe and insured delivery straight to your door.

Choosing a reliable seller ensures that your investment is protected and that you receive support at every step of the purchasing process. At GoldBase, we are committed to your satisfaction and offer a service worthy of your trust.

Buying gold coins in the Netherlands

Buying gold coins in the Netherlands offers specific advantages that make it attractive to both local and international investors. The Netherlands has a rich history in the trade and storage of precious metals, which contributes to a reliable and stable market for gold coins.

At GoldBase, based in the Netherlands, you benefit from the following advantages when purchasing gold coins:

• VAT exemption: investment gold, including gold coins, is exempt from VAT in the Netherlands, making the purchase financially more attractive.
• Excellent marketability: thanks to the high standard of Dutch and internationally recognised coins, these are easy to trade both locally and globally.
• Potential for future collectible value: some gold coins may increase in value not only due to their gold content but also as collectibles, particularly those in limited editions or special issues.
• Wide choice: our range includes popular and beautifully designed coins, suitable for both investors and collectors.

Buying gold coins cheaply

Although investing in gold coins may seem like a costly endeavour, there are ways to buy gold coins relatively cheaply. At GoldBase, we understand the importance of cost-effective investing and offer various options to buy gold coins at competitive prices.

A few tips for buying gold coins cheaply:

• Buy in bulk: consider purchasing gold coins in larger quantities. Lower prices per coin often apply when buying in bulk.
• Choose the right time: gold prices can fluctuate depending on market conditions. Monitoring the gold price and buying during a dip can lead to significant savings.
• Special offers and promotions: keep an eye out for special offers, discounts and promotions that GoldBase regularly offers to customers. This can be a good time to buy gold coins.
• Choose less popular coins: Some lesser-known gold coins may be cheaper than the popular choices whilst still containing the same amount of gold.

Buying gold coins from different mints

Choosing gold coins from different mints can be an important strategy for both diversifying and increasing the value of your portfolio. Each mint has its own unique range and special features that can make the coins attractive to both collectors and investors.

At GoldBase, we offer an extensive selection of gold coins from globally recognised mints. Each of these mints is renowned for their quality and reliability, which is essential for ensuring the authenticity and value of your investment.

• Royal Canadian Mint: renowned for producing the highly popular Maple Leaf coins, which are among the purest gold coins in the world.
• U.S. Mint: offers a range of gold coins such as the American Eagle and the Buffalo, which are known for their iconic American symbolism and historical value.
• South African Mint: producer of the Krugerrand, the first gold coin introduced primarily for investment purposes.
• Austrian Mint: offers the Vienna Philharmonic, a coin popular with both European and international investors.
• Perth Mint: an Australian mint known for its innovative and beautifully designed coins, including the Kangaroo series.

Each of these mints brings its own unique aesthetic and history, making their coins not only valuable investments but also collectables. At GoldBase, we are happy to help you choose coins that suit your personal preferences and investment goals, with guarantees of authenticity and quality.

How much does a gold coin cost?

The price of a gold coin is primarily determined by the current price of gold, but other factors also play a role. These include the coin’s weight, the purity of the gold, and the costs associated with the design, proofing, and minting of the coins.

The price of gold fluctuates daily based on market conditions, so it is essential to keep an eye on the current gold price when considering buying gold coins. The gold price is usually quoted per troy ounce and can be influenced by economic, political, and social events worldwide.

At GoldBase, all prices for our gold coins are directly linked to the current gold price. This ensures that you, as a customer, always pay a fair and transparent price for your investment. Furthermore, our prices are automatically updated every minute, so you can shop with confidence, knowing that the listed price always reflects the current market price for gold.

In addition, there are additional costs associated with the minting and distribution of the coins. These can vary depending on the specific mint and the complexity of the coin design. GoldBase strives to keep these costs as low as possible, whilst still offering high-quality and beautifully designed gold coins.

Investing in gold bullion coins

Investing in gold and bullion coins is an excellent way to protect your wealth against inflation and economic uncertainty, whilst simultaneously benefiting from the potential appreciation in the value of gold.

At GoldBase, we support investors in making informed decisions about which gold coins best suit their long-term investment strategy.

Gold bullion coins are specifically designed for the investment market and are usually exempt from VAT, making them an attractive option for both experienced and new investors. These coins are produced by world-renowned mints and are recognised globally, which enhances their marketability.

Here are some reasons why investing in gold bullion coins can be beneficial:

• Liquidity: gold coins are easy to buy and sell on global markets, offering you flexibility and access to liquid assets when needed.
• Stability: gold has a long history as a stable store of value, particularly in times of financial turmoil.
• Diversification: adding gold to your portfolio can help spread risk and reduce the overall volatility of your investments.
• Tax benefits: In many countries, gold investment coins are exempt from VAT, contributing to a more efficient cost structure for your investments.

Buying fractional gold coins

Fractional gold coins offer an accessible option for investors who wish to start with a smaller investment or spread their purchases across different sizes and mints. These coins are smaller than the standard one troy ounce and can range from a tenth to half an ounce, making them more affordable and flexible for a variety of budgets and investment plans.

When is a coin considered legal investment gold?

To be considered legal investment gold, gold coins must meet specific criteria set by financial authorities and regulatory bodies. These criteria help investors identify coins suitable for investment purposes and provide certain tax benefits, such as VAT exemption.

The key criteria for investment gold are:

• Purity: the gold coin must have a fineness of at least 900 parts per thousand gold. This means that the coin must contain at least 90% pure gold.
• Issuance: The gold coin must have been minted after 1800 and must still be, or until recently have been, legal tender in the country of issue.
• Market price: The selling price of the gold coin must not be significantly higher than the open market value of the gold it contains.

In what weights can I buy gold bullion coins?

Gold bullion coins are available in a wide range of weights, offering investors the flexibility to choose what best suits their investment needs and budget.

Here are some of the most common weights in which gold coins are available:

• 1/10 oz gold coins: these small coins are an excellent choice for novice investors or those who wish to start small.
• 1/4 oz gold coins: a step up in size, these coins offer a balance between affordability and substantial value.
• 1/2 oz gold coins: these coins are popular among investors who wish to expand their investments without immediately moving to the largest sizes.
• 1 oz gold coins: the standard weight unit for most investment coins, 1-ounce coins provide a solid foundation for any gold investment.
• 2 oz, 5 oz, 10 oz, and even 1 kg gold coins: For large investors looking to invest significant sums in gold, these larger coins are ideal.

Each weight has its own advantages and disadvantages, depending on current gold prices and personal investment strategies. Our team of experts is on hand to advise you on the best choices based on your long-term goals and current financial situation.

Buying gold coins at GoldBase

When you decide to buy gold coins, choosing a reliable and experienced partner is crucial. At GoldBase, we offer a trusted environment and expert support for anyone interested in buying gold coins, whether you are an experienced investor or just starting out.

GoldBase stands out for the following reasons:

• Reliability: with years of experience in the precious metals industry and a strong reputation, GoldBase offers a safe place to invest in gold.
• Quality: all the gold coins we offer are certified with the LBMA Hallmark, which stands for the highest quality standards.
• Diversity: we offer a wide range of gold coins from internationally renowned mints, so customers can choose from a variety of options that suit their investment goals.
• Advice: our expert staff are dedicated to providing personalised advice and support to help you make the best choices.
• Pricing: GoldBase offers competitive prices linked to the current gold market, ensuring customers receive fair and transparent rates.
• Fast and secure delivery: we offer insured shipping with tracking information, ensuring your investment is safe and secure right to your door.

At GoldBase, we understand that buying gold coins is more than just a financial investment. It is a step towards securing your financial future. That is why we are committed to ensuring that every transaction runs smoothly and that our customers are completely satisfied with their purchase.

Contact us today to find out more about our products and how we can help you make your next gold investment.

Buying gold coins with secure delivery

When you buy gold coins, it is essential that they are delivered to your home in a safe and reliable manner. At GoldBase, we understand the importance of secure delivery and have taken measures to ensure that every order is handled with care and protected against potential risks during transit.

Our secure delivery services include:

• Insured shipping: all shipments are fully insured by our insurance provider. This means your investment is protected against loss and theft whilst in transit to you.
• Tracking information: with every order, you will receive a tracking number allowing you to track your shipment from our warehouse right to your front door.
• Reliable shipping partners: we work with reputable courier services such as UPS to ensure your order is delivered quickly and safely.
• Direct dispatch from our warehouse: all products are dispatched directly from our centralised warehouse in Europe, ensuring efficient and secure handling.

Frequently asked questions about buying gold coins

Below you will find an overview of the most frequently asked questions about buying gold coins, including important considerations and practical tips to help you with your investment decisions. Whether you are a novice investor or already have experience, these questions and answers offer useful insights into the process of buying a gold coin.

Can I buy gold coins anonymously?

In the Netherlands, it is possible to buy gold coins anonymously up to a certain limit. The limit for anonymous purchases is usually set at €10,000. Above this amount, gold dealers are required by law to record identity details in accordance with the Money Laundering and Terrorist Financing Prevention Act (Wwft). At GoldBase, we respect your privacy and ensure the secure, confidential handling of all customer data within the legal limits.

Do gold coins come with a certificate?

Many gold coins, particularly those intended for investment, come with a certificate of authenticity. This certificate guarantees the coin’s purity and weight. At GoldBase, we ensure that all our gold coins come from reputable mints and are supplied with the necessary certification.

Are there any legal restrictions, regulations or tax considerations when buying a gold coin?

The purchase of gold coins is subject to regulations that vary by country. In the Netherlands, investment gold coins are exempt from VAT, provided they meet certain purity and marketability criteria. It is important to be aware of local laws and regulations, especially if you plan to buy or sell large quantities of gold.

What is the difference between various gold mints?

Gold mints vary in their range, quality and the history of their coins. Each mint has its own distinctive coins, which often reflect national symbols or historical events. For example, the Royal Canadian Mint is famous for the Maple Leaf, whilst the U.S. Mint issues the American Eagle. Each mint uses unique designs and techniques, which can lead to differences in collectible value and investment potential.

Are gold coins exempt from VAT?

In the Netherlands and many other European countries, gold bullion coins are exempt from VAT, provided they have a purity of at least 900 parts per thousand and are considered legal tender in their country of origin. This makes them a tax-efficient option for investors.

What does ‘various years’ mean?

‘Various years’ in relation to gold coins refers to the fact that the coins come from different years of issue. This is particularly common among dealers who buy and sell coins in bulk. For investors, this may mean that the specific years of the coins vary, depending on availability at the time of purchase.

How much gold does a gold bullion coin contain?

The amount of gold in an investment coin can vary depending on the type of coin. Standard gold bullion coins such as the American Eagle, the Canadian Maple Leaf, and the South African Krugerrand are usually available in units of 1 troy ounce, which is equivalent to approximately 31.1 grams of pure gold. There are also fractional coins containing less gold, making them more accessible to a wider audience.