Tuesday, August 30, 2016
Fifteen one-kilo gold coins have been minted to mark the 2016 Formula One season.
The weighty collectors’ items are part of a series of F1 coins made for collectors, investors and fans of motor racing by Swiss mint, PAMP.
A number of the huge one kilo coins have already been sold. Each features a portrait of the Queen by Ian Rank-Broadley and the coin’s legal tender.
For investors with less than F1 budgets, there are also quarter troy ounce gold coins and a two and a half troy ounce version. The coins feature the circuits in the 2016 season and are officially endorsed by the Formula One World Championship. There are limited edition silver F1 coins to collect too.
Marin Aleksov of Rosland Capital said: “Gold has been a trusted store of wealth since the earliest days of civilisation and it’s still a desirable asset around the world today, when many people are interested in diversifying their assets beyond a reliance on a paper-based asset portfolio.
“With this project we bring together the allure of gold and the global popularity of Formula One - it’s the perfect combination.”
The limited edition collection of coins each features its number in the series and a hallmark from the mint. They come in tamper-proof packaging.
The collection, which has been approved by F1 boss Bernie Ecclestone, has been on show at a number of F1 events around the world. It’ll be heading to the season-ending Abu Dhabi Grand Prix in November.
Collecting gold coins is a fantastic way to start investing in the precious metal. By choosing rare and exclusive coins, you will also be building value into your investment for the future due to the collectible nature of the coins as well as the intrinsic value of the gold they contain.
Interested in investing in gold coins? View gold coins for sale here.