17 Facts About Gold coins

Gold coins coin is a coin that is made mostly or entirely of gold.

Traditionally, gold coins have been circulation coins, including coin-like bracteates and dinars.

In recent decades gold coins are mainly produced as bullion coins for investors and as commemorative coins for collectors.

The American Gold coins Eagle has a denomination of 10 USD, but a metal value of more than $800 USD .

Gold coins is easily transportable, as it has a high value-to-weight ratio compared to other commodities such as silver.

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Gold coins can be re-coined, divided into smaller units, or melted into larger units such as gold bars, without destroying its metal value.

Gold was used in commerce in the Ancient Near East since the Bronze Age, but coins proper originated much later, during the 6th century BC, in Anatolia.

Gold coins then had a very long period as a primary form of money, only falling into disuse in the early 20th century.

One of these Gold coins was stolen when it was on exhibition at the Bode Museum in Berlin.

Gold coins coveted by collectors include the Aureus, Solidus and Spur Ryal.

Bullion Gold coins are produced in fractions of an ounce – typically half ounce, quarter ounce, and one-tenth ounce.

Bullion Gold coins sometimes carry a nominal face value as legal tender, which is minted on the coin.

Gold coins has an international currency code of XAU under ISO 4217.

Gold coins is denser than almost all other metals, hence hard to fake.

However, since about 2015 counterfeit Gold coins are "flooding the market at an astonishing rate" and "it's gotten to the point where even people who deal with Gold coins all the time may not be able to recognize a counterfeit coin right away" .

The coins consist mostly of tungsten plated thinly with gold, have the correct weight, correct or near-correct dimensions and are professionally produced in China.

Since lead is much softer than gold, biting the coins is a sensible test for counterfeiting.