Buy gold coins with cryptocurrency
There are many investors and collectors out there who are looking to buy gold coins with Bitcoin since gold coins serve both as a collectible and as a great investment. When you look at prices, gold coins will always have the highest premium over the current gold prices, which means you will be paying more for gold coins than other gold bullion. The higher prices of the gold coins are why more collectors than investors tend to lean towards this particular type of gold.
Gold coins are more scarce and also have a higher demand, which is why it will cost you more to buy gold coin with Ethereum or other cryptocurrencies. When you look at the production of gold coins, only a certain amount of each coin is produced that year, then that particular gold coin will never be produced again. That is why even though gold coins are produced annually they have a higher demand and are more scarce. In contrast, gold bars and rounds can be provided by any gold Mint throughout the world at any point; therefore, they are not as collectible as the gold coins.
The most common gold coins in circulation are the American Eagle, the Gold Buffalo, the Australian Kangaroo, the Chinese Panda and the Canadian Maple Leaf. The Mexican Libertad and the South African Krugerrand are also pretty popular on a large-scale buying and purchasing market. Be prepared if you want to buy gold coins online with Bitcoin or with Litecoin because there are thousands of types of gold coins out there, but those few just stated are the most common that you will find.
Some gold coins are 99.99% purity including the Australian Kangaroo, but the American Eagle is only 91.67% gold, so make sure you know the purity before you buy gold coins with Bitcoin. Any way you go, you cannot go wrong with gold coins due to the value of the coins over time, whether you want to use them as an investment or just collect them.
