The Krugerrand from South Africa became the most ubiquitous gold coin in the 20th century, accounting for over 90% of the global market thanks to the discovery of gold in the region. There are many different types of gold coins for sale across the planet, and as has likely become apparent from their history, these have enormously different values and qualities. Gold Coins For Sale – Types Of Gold Coins

It wasn’t until the outbreak of World War 1 that gold coin production went into steep decline, with the financial crash of 1929 ending the widespread practice and beginning the collection and investment in gold coins that we know today. Once the New World had been discovered, the potential for gold exploration reached its pinnacle in the 19th century and almost all of it was transformed into coinage. Gold from North and West Africa fuelled a boom in gold coins, particularly in Venice, which enjoyed huge prosperity during the 13th century, and soon after Europe as a whole was producing gold coins at an unprecedented rate. Alongside this, the Romans produced gold coins at an industrial rate compared to previous empires, with millions being produced up until the end of the empire in 400AD. The Romans largely used gold coins in order to pay their many legions and, with improvements in the refining process, these coins were around 22 carats. During this era, gold was primarily used in relation to paying taxes and was simply traded in chunks that were measured by weight. Gold coins have a long history in trading that dates back to 6,000BC with the ancient Egyptians and Turkish, but it wasn’t until the 2nd century BC that they became the lifeblood of the Egyptian economy.

Gold coins for sale