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| Isle of Man £2 Gold Coin |
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| Isle of Man £2 Gold Coin (Double Sovereign) |
Obverse Design: Portrait of Elizabeth II.
Reverse Design: St. George slaying the dragon - Gold Double Sovereign features a Norse warrior on horseback, imitating the appearance of St. George from the British Sovereigns.
Reported Mintage: 2,000 ONLY
KM (Krause-Mishler) Catalog: KM# 28
Weight: 15.9761 g. (0.4708 oz., 0.917 GOLD)
Diameter: 25 mm
How to Buy Gold as an InvestmentThere are several ways for the average investor to buy gold as an investment:
1) By purchasing gold coins
2) By purchasing an Exchange Trade Fund that owns gold
3 By purchasing shares of stock in a gold mining company
Purchasing gold coins - Types of gold coins:
Newly minted gold "coins" can be purchased. In addition, coins that were once used as money can be purchased for a collection and/or as an investment. Newly minted gold coins can be bought at a small premium to the current price of their weight in gold. Gold coins that are collected trade at higher prices which represent their gold content as well as their rarity (hence added worth to collectors).
The most common types of gold coins are manufactured by the governments of the United States, Canada, and South Africa:
The U.S. gold coin is called the American Eagle
The Canadian gold coin is called the Maple Leaf
The South African gold coin is called the Krugerrand.
An advantage to purchasing gold this way is that such gold coins are very recognizable and accepted throughout the world as genuine gold in the exact weight specified on the coin.
Gold coins can be purchased in different weights. For example, the American Eagle gold coin comes in 1 ounce, 1/2 ounce, 1/4 ounce, and 1/10 ounce coins and are priced in accordance with the amount of gold each coin contains.
Where to purchase gold coins:
American Eagle gold coins can be purchased on-line directly from the U.S. Mint, the agency within the U.S. federal government that manufactures them.
Gold coins, both newly minted and older coins, can also be purchased from gold and silver coin dealers, either on-line or in a store.