Investors looking for hard assets have seemingly endless options when it comes to investing in precious metals. Certain coins have remained perennial favorites, while others have been somewhat overlooked. European gold coins fall into the latter category, creating an excellent opportunity for savvy investors.
Benefits of European Gold Coins
Purchasing precious metal bars and coins has grown increasingly popular in a down economy. While all precious metals make fine investments, European gold coins offer several comparative benefits:
- High gold content: The vast majority of European gold coins contain at least 90% gold. They still weigh just under 1/5 oz, making them extraordinarily easy to transport.
- International recognition: Since these coins are known throughout the world, they are easy to trade. That liquidity and broad market are distinct assets.
- Rising prices: The price of European gold coins grows with the price of the gold, which has consistently and steadily risen, in contrast to other investments.
- Greater scarcity: Many European gold coins minted before World War I actually entered circulation, making high-quality coins scarcer and therefore more valuable.
Ultimately perhaps the greatest advantage that European coins afford is their lack of reputation among investors. Most have heard of Krugerrands or Canadian Maple Leafs, but the British Sovereign, French Angel, French Rooster, and Swiss Helvetia remain untapped resources. They still carry reasonable premiums and have the same exceptional quality as their more famous counterparts.
Investors’ “Secret” Favorites
Both investors and collectors find something to love about European gold coins, because of the rich history they bear. Four coins have enjoyed steady interest among investing insiders:
- British Sovereigns: First minted in 1489, British Sovereigns eventually set the gold coin standard adopted by England and United States. The coins’ purity was set at 22 carats, or 91.67% gold. Minted until the US and Britain left the gold standard during World War I, the British Sovereign has been reissued at various points throughout the twentieth century, but is currently only produced as a bullion coin.
- French Angels: The French Angel design originated in 1789, during the French Revolution, but was not adopted for coinage until 1871. Produced until 1898, the French Angel gained a reputation as a “lucky” coin. These coins are certainly scarce, but brilliant uncirculated samples still occasionally emerge.
- French Roosters: Perhaps the most common gold coins from Europe, French Roosters were minted from 1899 to 1914. The coins’ greater availability means lower premiums, so French Roosters are an affordable option for investors.
- Swiss Helvetias: Helvetias enjoy an outstanding reputation for maintaining their value, due to their association with the stability of the Swiss economy. Sometimes called “Vreneli,” Swiss Helvetias have gained popularity for their exceptional beauty and high gold content.
Precious metals continue to make wise investments, and European gold coins have set themselves apart in the market for superlative quality and value. British Sovereigns, French Angels, French Roosters, and Swiss Helvetias, though often overlooked, make fine choices for investors.
This information is provided for general reference purposes and does not constitute professional advice. For detailed coin collecting or investing information, please consult with a professional expert.