The benefits of pre-owned coins

When purchasing gold coins, you often have the choice, depending on availability, between coins from the current year and coins from previous years. The new coins, those from the current year, are purchased by The Silver Mountain through official distributors of the mints. This is often more expensive due to production costs and the costs of insured transport to the Netherlands. Coins from previous years come from the private market and are therefore sourced from individuals. The weight and purity of these coins are identical, but the cost is lower. The Silver Mountain passes on this benefit, and for this reason, coins from previous years are always cheaper than newly minted coins.
 
In addition to the well-known investment coins, there are also many coins in circulation that were previously used as legal tender. Because pure gold is quite fragile, coins used as currency were often minted with a lower gold content, usually around 90% gold. This is also the case with the Dutch gold ten-guilder coin, which has been in circulation in the Netherlands since 1818. In Europe, the 20 Franc coins are also very popular, having been used as legal tender in Switzerland, France, and Belgium. Such gold coins are often issued in lower weights. While a gold ten-guilder coin was literally worth 10 guilders, the 20 Franc coin had a face value of 20 Francs. With the current gold price, a gold ten-guilder coin is worth approximately EUR 350 and a 20 Franc coin approximately EUR 325.