There are two major types of gold coins and they are the bullion and collector's gold coins. Over the course of many centuries, one will find countless bullion gold coins minted from different countries all over the world. Bullion coins are different from collector's common gold coins because they are created and valued for their weight as gold while the collector's gold coins were minted as circulation money many centuries ago and are now being sought after primarily because of their uniqueness, antiquity and value as art.

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Features of Bullion Coins

The most common gold coins today are bullion gold coins. For almost four decades now they are minted because the demand is very high all over the world. It is because they are secure and guaranteed investments. They are also very popular to those who wish to invest in gold because their authenticity is easy to determine, the amount of gold in it can be easily measured and most of all buying and selling of bullion coins is easy.

If you will examine closely the features of every bullion coin, you will see that its name, country of origin, purity and weight are included in its design. For formality, bullions can be considered as a legal tender and they have specific face value. However, all bullions are actually more than its formally designated face value. The one troy ounce is the most popular bullion size. Other sizes are one-half ounce, one quarter, a fraction of an ounce and one-tenth.

Branding is important to bullion gold coins because it affects its value. The brand assures buyers that they are getting their money's worth. The brand makes buyers confident that they are buying a known and exact quality and quantity of gold. For example, the South African Krugerrand is known to have 91.67 percent gold content in any weight; the Canada Gold Maple Leaf  and Australia's Gold Nugget has 99.99 percent gold.

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Collector's Common Gold Coins

Common gold coins are no longer minted for circulation, but they are very in demand to collectors. They are primarily valuable due to their numismatic value rather than weight and gold content. The most famous collector's gold coin is the Saint Gauden Double Eagle coin or the American 20 dollar gold. Other collectable gold coins are the Swiss 20-franc and British Sovereign.

Selling Gold Coins

Selling bullion gold coins and collector's gold coins is very easy and there are many ways to do it. You can do it the traditional way; by selling it in a pawnshop. You can also auction it online through EBay and sell it to online jewelers. The top rated online gold jewelers at present also accept silver and platinum coins. If you have questions on how to do business transactions with them, just kindly dial the toll free customer service line which you will find in their website.