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One of the more interesting options for coin collectors is Saudi gold coins. While Saudi Arabia is famous for its wealth, most of that wealth is in the form of oil, not gold. Like the United Arab Emirates, Saudi Arabia originally formed from the unification of smaller states: In this case, it was the union of Nejd, Al Hasa, Hejaz, and Asir in the year 1932.

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Different Types of Gold Karats. Karat is the term used to measure the purity of gold. Before we understand the difference between 24k, 22k and 18k gold, you must know what karat stands for. Karat is basically a unit used to measure the purity of gold. The higher the karatage, the purer the gold.

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24 Carat Gold Coins. During the 1980’s, a number of mints decided to issue 24 carat gold coins. The perception of buying a pure gold coin appealed to many investors who thought they were getting a better quality gold coin. The Royal Canadian Mint went one step further and issued the 99999 Maples!