1. Gold coins is a coin that is entirely or mostly made of
gold. It has been used as money for various reasons. It is
fungible, with a low spread between the prices to buy and
sell.
2. In modern times, most gold coins are intended either to be
sold to collectors, or to be used as bullion coins. It primarily
serves as a method of investing in gold.
3. It is fungible, with a low spread between the prices to buy
and sell. Gold is also easily transportable, as it has a high value
to weight ratio, compared to other commodities, such as
silver.
4. Gold can be divided into smaller units, without destroying
its value. It can also be melted into ingots, and re-coined. The
density of gold is higher than most other metals, making it
difficult to pass counterfeits.
5. Once can even buy gold coin online. Gold is extremely
unreactive. Coins are usually made of an alloy as other metals are
mixed into the coin to make it more durable.
6. Once can even buy gold coin online. Gold is extremely
unreactive. Coins are usually made of an alloy as other metals are
mixed into the coin to make it more durable.