Gold Coins or Gold Rounds

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Gold Coins or Gold Rounds?

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Gold Coins are minted by a sovereign government, are legal tender, and have a face value in addition to a melt value. 

Gold Rounds are minted by private mints, have no face value, and generally have only melt value.

Since only a governing authority can extend monetary value, or face value, to a coin—not a private mint or company—rounds cannot be a form of legal tender.

Gold Coins are minted in a range of sizes—primarily 1/10 oz., 1/4 oz., 1/2 oz., and 1 oz. weights.

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Gold Rounds can also be produced in a variety of sizes and weights, with one big exception: No round can have the same specifications as a government-issued coin. A round can never have the same diameter, thickness, and mass as a legal tender coin. This helps prevent counterfeiting and makes it harder to defraud coin-operated technologies.  It can also lead to some unexpected weights, like 1/20-ounce, 2-ounce, 5-ounce, and 10-ounce rounds.

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When you are deciding to buy gold coins or gold rounds consider:

> Gold Coins are recommended for The Investor.

> Gold Rounds are recommended for The Collector. 

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Shop Gold - The Lowest Price. Period.

Bottom line

There’s a risk associated with buying a gold round that you simply won’t find with a government-issued, legal tender gold coin. Regardless of its fancy design, will it retain its market value? It might. It might not. If you buy this round at a premium because of its design, you could end up losing with only melt value.

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