Countries that still use gold coins include the United States, Canada, China, South Africa, Australia, and Zimbabwe. Gold coins are utilized in these countries for various purposes such as hedging against inflation and as investment opportunities. Switzerland was the final country to adopt the gold standard, which it abandoned in 1999. .
Old gold coins are still legal tender in the United States.
old gold coins are still legal tender in the United States, and they can be used to pay debts and taxes. Although the face value of gold coins is largely symbolic, it provides proof of their authenticity as official U.S. legal tender coins.Although the face value of gold coins is largely symbolic, it provides proof of their authenticity as official U.S. legal tender coins. The use of gold and silver coins as legal tender is rooted in Article 1, Section 10 of the US Constitution, which states that “No State shall make any Thing but gold and silver Coin a Tender in Payment of Debts”
Vreneli gold coins are still legal tender in Switzerland.
Vreneli gold coins are still legal tender in Switzerland. The Vreneli, also known as Gold vreneli, is the informal name for a range of legal tender gold coins of the Swiss franc. The coins were issued between 1897 and 1936, in 1947, and in 1949, and had face values of 10, 20, and 100 Swiss francs. The coins were minted in a millesimal fineness of 900 and were minted at the Swiss Mint at Bern.. While Switzerland stopped issuing gold coins after the country went off the gold standard, the country has not withdrawn the legal tender status of the Vreneli gold coins. Therefore, Vreneli gold coins can still be used to pay debts and taxes in Switzerland.