There are a number of Government Mints throughout the world that produce gold, silver, platinum and palladium bullion coins. Some investors prefer the liquidity and collectibility that are often associated with coins while others appreciate their elaborate designs. While some government minted coins are more desirable than others, most will carry a higher value on the collector market than what their melt value is. This means that they usually sell for higher premiums over the current spot price of gold and silver compared to other forms of bullion.
United States Mint
The United States Mint was created by congress in 1792 and has several different locations throughout the United States. The US has Mint locations in Philadelphia, Denver, San Francisco and West Point, NY as well as a Bullion Depository in Fort Knox, KY.
Since their existence they have become one of the most popular producers of Gold and Silver Bullion coins throughout the world. Today they are most famous for their American Gold and Silver Eagle bullion coins as well as the American Gold Buffalo coin.
The Perth Mint
The Perth Mint is Australia’s oldest operating mint. They first opened in 1899 and were originally operating as a branch of the Royal Mint of London to produce Gold Sovereigns for the British. The Perth Mint remained under the control of Britain until 1970 when it became property of the Government of Western Australia.
Today Perth is one of the worlds top producers of Gold and Silver Bullion bars and coins. They are most famous for the Australian Kangaroo coin, the Australian Silver Koala coin and their many Gold Bars. Perth Mint products are recognized by investors throughout the world for their quality and beautiful designs.
Royal Canadian Mint
The Royal Canadian Mint started out as the Ottawa Mint; a Branch of the Royal Mint of London in 1908. It wasn’t until 1931 that the Ottawa Mint became independent from the Royal Mint and was renamed the Royal Canadian Mint.
Today it is one of the worlds leading Gold, Silver and Platinum bullion producers making some of the most beautiful bullion coins and bars in the world. The Royal Canadian Mint’s coins and bars are highly sought after by collectors and investors alike and are known throughout the world for their quality.
Coin Premiums; How Much Should You Expect To Pay
The premium you will pay when buying silver and gold coins will depend upon the desirability of the particular coin you are looking at as well as the supply and demand for the specific year. Some of the most collectible coins such as the American Silver Eagle and Canadian Silver Maple Leaf will carry higher premiums than other coins because they are always in high demand. If a coin was minted during a year where not many coins where produced, they may bring higher premiums based on the supply and demand.
Government Minted Bullion Bars
Some government mints not only produce bullion coins but bullion bars as well. Most of their bars are up there with brands like PAMP Suisse and Johnson Matthey in terms of quality and recognition throughout within the marketplace. One of the most common governments who currently produce bullion bars are the RCM and the Perth Mint. They currently mint gold and silver bars with high purities which are available on many dealer sites for purchase.