The Best Gold Coins to Buy for Security

European Gold Coins

European gold coins have numerous benefits to those collecting for financial security. For instance, buyers do not need to provide a social security number to purchase many European gold coins, adding a level of privacy protection.

Additionally, European gold coins offer higher gold purity levels than many other gold coins. They often consist of 90 percent or higher levels of pure gold. Coupled with their small, convenient size make them easily tradable.

Additionally, rare gold coins offer some protection against the possibility of confiscation by the government, such as what occurred in 1933 under President Franklin Delano Roosevelt. With the troubled economy, the President issued a decree requiring citizens to surrender their gold to the government. However, collectible gold coins gained exemption, as they have special value as collectible items.

Popular European gold coins among investors include the Austrian 1 Ducat, the French 20 Francs Rooster and the British Sovereign.

American Gold Eagles

Originally minted in 1986 by the United States Mint, American Gold Eagles enjoy the ranking as investors' most popular gold bullion coin. The United States government guarantees their content, weight and purity, making Gold Eagle coins an accepted investment tradable worldwide. Easily converted into cash because of their U.S. government backing, these coins sell quickly and require no costly assessments. Additionally, they require no reporting to the government when bought or sold.

Canadian Gold Maple Leaf

A product of the Royal Canadian Mint, Canadian Gold Maple Leaf coins enjoys the title of the official gold bullion coin of Canadia. Considered one of the purest gold coins available in regular issue, made of .9999 millesimal fineness, or 24 karat gold, they sell easily and quickly when a need for cash suddenly arises.

The Canadian Gold Maple Leaf come in a variety of sizes, including 1/20 ounce, 1/10 ounce, 1/4 ounce, 1/2 ounce and 1 ounce.

Krugerrands

Featuring the image of South African President Paul Kruger, the Krugerrand weighs 1.0909 troy ounces and has a gold purity rating of 91.67 percent, or 22-karat gold.

Based upon the outstanding success of the South African Krugerrand, other countries developed similar gold coins, including the Canadian Maple Leaf, the Gold Panda from China, and the United States American Gold Eagle.