Top gold bullion coins could rise in value as Japan quake fuels uncertainty

The effects of the earthquake and tsunami that struck Japan recently has caused a further surge in the price of gold bullion, meaning that the most common gold coins could become still more valuable.

The top gold bullion coin - and the first in the world to be minted - is the South African Krugerrand, a 22 karat coin struck in denomination of one ounce, 0.5 ounces, 0.25 ounces, and 0.1 ounces, according to the International Business Times. Small quantities of copper alloyed into the coins make them more durable than 24 karat bars or ingots, which are easily dented or damaged.

Other forms of gold bullion coin are available, the newspaper says, some of the most famous of which are the Canadian Maple Leaf, American Eagle, Chinese Gold Panda and Vienna Philharmonic.

All of these could see significant price increases in the wake of the Japanese tsunami, as economic uncertainty tends to fuel higher prices for gold and other precious metals, according to a report from TheStreet.com.

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