Gold bullion collectors have a lot to love about Australian currency. Minted in Perth, The Australian Gold Kangaroo coin and Australian Gold Nugget coin are available in a wide variety of denominations, including 1/20 oz, 1/10 oz, 1/4 oz, 1/2 oz, 1 oz, 2 oz, 10 oz and 1kg – each made in 24 carat gold. Not only do these coins function as legal tender in Australia, they also change their design year to year. They have legal tender status in Australia and are one of few legal tender bullion gold coins to change their design every year. Another type of gold bullion coin, the Australian Lunar Gold Coin, features similar gold purity and displays images of the Chinese zodiac.

Much like other coins, this gold bullion coin is affectionately known among collectors under a shortened name – a “buffalo.” The American Buffalo, or gold buffalo, is created out of 24 carat gold and is based off a design found on the US Indian Head nickel. It also has the honour of being the first pure gold coin minted for public consumption. Much like the Canadian Maple Leaf gold coin, the American Buffalo gold coin is legal tender for $50 within the country of its manufacture. Available denominations are 1/10 oz , 1/4 oz 1/2 oz and 1 oz.

Commemorating the orchestra for which it’s named, the Austrian Philharmonic Gold Bullion Coin features a musical instrument design, as well as important information like alloy purity, weight, face value in Euros and the year it was minted. Made by PAMP Suisse – an independent refiner of precious metals – it is available in 1/10 oz, 1/4 oz, 1/2 oz and 1 oz denominations. It was the most commonly sold gold coin in the world throughout several points in the 1990s.

Minted in South Africa, The Krugerrand is 91.67% pure gold at 22 carats – the perfect piece to sell if you’re looking to trade gold coins for cash. With a 32.6 mm diameter and nearly 3 mm thick, it has lots of precious metal value waiting to be unlocked by a savvy seller. This popular coin makes up a large part of the gold coin market, and the main denomination is popular among collectors of gold currency due to its gold content – exactly one troy ounce. Other denominations include 1/2 oz, 1/4 oz and 1/10oz, and the Krugerrand has also been released in limited edition proofs that are sought after by collectors

Marked with a picture of NZ’s most famous flightless bird, it’s not hard to see where the New Zealand Gold Kiwi coin gets its name. Available in 1/4 oz, 1/2 oz, and 1 oz denominations, each is made with 24 carat gold. Other designs on this New Zealand gold coin include a map of the country and the Southern Cross constellation on the obverse.

The Fijian gold Pacific Sovereign is a beautiful gold coin that features a swaying palm tree and a cluster of tropical Plumeria flowers beside the bay. Made in various denominations, the sovereign is minted in a 1 oz denomination and carries the distinction of being legal tender in the nation of Fiji.

The official mint of the People’s Republic of China turns out the beautiful Chinese Gold Panda coins, decorated with a lounging version of their namesake eating bamboo. The reverse images on the coins change each year, a feature requested of the mint by gold buyers in the early 2000s. These coins are issued in denominations that range from the smallest version of 1/20 troy oz to larger versions weighing in at over 1 troy oz. The design of the coin is also available in silver as the Silver Panda series, also issued by the official mint.

An interesting piece of Mexican history, the centenario was originally minted in 1921 in order to commemorate the hundred year anniversary of the country’s independence from Spain. While the face value denotes its worth as 50 pesos, this is for legal purposes only, doesn’t function as legal tender and does not accurately reflect the worth of the coin’s precious metal weight. Images on the coin include the “Angel of Independence”, two famous volcanoes found in Mexico, and the coat of Mexican arms can be found on the back. The design on these coins, much like the Chinese Gold Panda coins, is seen in the silver “Libertad” series of precious metal Mexican coins as well.

Like many gold coins, the nominal value printed on the front of a British Gold Sovereign coin – one British Pound Sterling – does not reflect the value of the precious metal found in the coin itself. Its gold fineness is set at 22 carats, while the content is officially 7.3 grams, or 113 grains, the official weight per the government from 1817 onward. Different varieties of the British Gold Sovereigns can also be found, including lesser denominations like half sovereigns and special proof editions. Here are a few of the other gold coins you may have in your collection:

20 Frank – Leopold II, Belgium
.900 fine gold

Sovereign Gold – Victoria, Edward VII and George V, Great Britain
.916 fine gold

20 Kroner – Christian IX, Denmark
.916 fine gold

20 Francs – Napoleon III, Angel, Rooster, France
.900 fine gold

20 Mark – Wilhelm II, Germany
.900 fine gold

20 Korona – Franz Joseph, Hungary
.900 fine gold

20 Lire – Umberto I, Italy
.900 fine gold

10 Gulden – Willem III, Wilhelmina, Netherlands
.900 fine gold

10 Roubles – Nicholas II, Russia
.900 fine gold

20 Kronor – Oscar II, Sweden
.900 fine gold

20 Francs, Switzerland
.900 fine gold

‘New Zealand Pure’ silver bullion is often seen in 1kg ingot bars with the hallmarks as seen in the image. These bars are 1 kilogram silver cast ingot of 32.15 troy ounces and a fineness of 999 (99.9%). NZ Pure silver has the following hallmarks: SILVER, 999, Selling silver has never been easier or as profitable with record high silver prices.

In the 1980’s ‘Auckland Bullion Traders and Refiners’ was the first company in New Zealand to produce silver bars under the brand CIMET and are still in circulation today. CIMET silver bullion bars seem to come from everywhere including garages, desks, vaults, storage boxes, attics and the 1980’s! These bars are commonly seen in sizes of 1.002kg and 2.006kg of varying quality and finish. The silver may be tarnished due to handling and normal oxidation – this does not affect the price or value of the silver bullion. Hallmarks on CIMET silver may include: ASS, 999, CS and CD.

The Vienna Philharmonic silver coin is struck in Ag 999 (silver) and sold as investment bullion. ‘Silver Philharmonics’ have been minted since February 2008 and the design of the silver coin is identical to that of the gold coin, except for its face value of 1.50 euro. These coins are sometimes found individually, or more ideally in sealed tubes of 25 x 1oz or ‘monster boxes’ of 500 ounces.

Some of the most common and popular silver coins are the 1oz Silver Maples minted by the Royal Canadian Mint, 1oz American Silver Eagles and the 1oz Silver Buffalo coins minted by the United States Mint. Coins typically come in tubes of 20-25 rounds or in “monster boxes” of 500 rounds. The value of your silver bullion may be affected by the quality and condition and ideally will not have been touched and stored in air-tight containers.

With record high prices, the palladium bullion coins and bars in your precious metal collection are worth a lot of cash. Whether you’d like to change your investments or simply collect cash from palladium coins and palladium bars you’ve inherited, our expert precious metal buyers will help you get the best price for your palladium items.

MyGold can purchase scrap such as platinum wire and findings as well as broken platinum jewellery or damaged palladium pieces. If you’d like to know how much your scrap platinum items are worth, contact us today to find out more.