Gold coin

Austrian gold ducat depicting Kaiser Franz-Josef, c. 1910
1914 half sovereign from the Sydney mint: the St George and the dragon image was often used on British coins

A gold coin is a coin made entirely (or almost entirely) of gold. Gold has been used since the invention of coins. It is used because gold is an easy metal to use, and because gold is very valuable. So, a person could have a small quantity of gold coins but still buy many things. Gold is also a very dense metal, making gold coins hard to fake. Gold is good for storing coins because it does not rust.


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