Silver and Gold Coins as Diwali Gifts

Silver and gold coins are excellent gifts for holidays and special occasions. They are more than mementos of the day because they have real, lasting value. Precious metals work as gifts in almost any culture and for any occasion. For instance, gold and silver coins can serve as Diwali gifts.

Why Gold Coins Are the Best Diwali Gifts

Why are silver and gold coins ideal keepsakes for the upcoming holidays celebrated in India and by the Indian diaspora around the world?

• Gold and silver retain value. Physical metals are a great investment. They keep their value, even when there is inflation or a bear market.
• Coins have unique designs. There are even silver and gold coins specifically for Diwali and coins showing Hindu deities. You can get coins specifically for the event rather than generic items that won't be as customized.
• Coins are timeless. They aren't going to rot. If they're properly stored, they'll keep their appearance indefinitely. The receiver can pass the coins on to their children or other loved ones in the future without diminishing their value.
• Coins are liquid. Coin owners can sell their holdings almost anywhere in the world. Special coins, like those created specifically for Diwali, also have a premium that adds value beyond the weight.

These traits mean a Diwali silver coin is a welcome gift for anyone who receives one.

Which Coins Make the Best Diwali Gifts?

At least two of the world's most respected mints have coins specifically for Diwali.

Diwali 1 oz Silver Medallion

This option from the famous Perth Mint is a prime example of a unique Diwali silver coin. It shows the god Vishnu sitting on a cushion surrounded by Diwali lamps. The coin also has the description "Happy Diwali." The other side of the coin shows the goddess Lakshmi sitting inside a lotus blossom, with Diwali lamps around her. This side has weight and purity numbers and the "Happy Diwali" message. The coin is .9999 pure silver, but it doesn't look like a traditional silver coin. That is because it is gilded in 24K gold.

2022 5 g PAMP Suisse Gold Diwali Bar

This bar, from the respected PAMP Suisse Mint, is for people who want to give pure gold for Diwali. It has a higher price point than the silver coin because it's .9999 pure gold. The bar weighs 5 g and has a rectangular shape. One side of the bar shows Lakshmi sitting in a Lotus flower, and there are Diwali lanterns and the inscription "Diwali, Festival of Lights." The reverse side has the weight, purity, and origin information. The text is bordered by pictures of lotus flowers.

Important Upcoming Indian Holidays

The last few months of the year are festival season on the Indian calendar. Diwali caps the season. It happens between mid-September and mid-November, depending on the lunar calendar. This year it's on October 20, the same day as Lakshmi Puja, a day to venerate the goddess Lakshmi. Festivities kick off two days earlier (October 18 in 2025) with Dhanteras.

Festivities celebrating the god Ganesh take place two months earlier. Ganesh Chaturthi, the birthday of Ganesh, falls on August 27 this year, with special celebrations happening in the middle of the day. Festivities start a day earlier with Chaturthi Tithi (August 26), a celebration that takes place each lunar month. Later (on September 6 this year), Hindus round out their celebrations of Ganesh with Ganesh Visarjan.

What Do the Images on the Diwali Silver and Gold Coins Mean?

Ganesh is celebrated as the remover of obstacles and the god of beginnings, wisdom, and intellect. Meanwhile, Lakshmi is the goddess of spiritual health, luck, and overall well-being.

How to Get the Right Diwali Silver Coins

Coins are an attractive Diwali gift for two reasons. First, precious metals are good investments. They are safe haven assets that won't lose value to inflation or a bad economy. Second, the coins serve as mementos of Diwali. In other words, they also have sentimental value for the person giving them and the one getting them. Value is important. Without the right qualities, the Diwali gold coins and silver coins are simply souvenirs. What qualities are necessary?

• Purity - Gold and silver both need to be at least .9999 pure (sometimes written as 99.99% pure). If the coins don't have this level of purity, they may be difficult to sell, and the sales price won't match the spot price. The spot price of gold and silver is only for .9999 pure products.
• Origin - The coins should be from a recognized mint. They should have certificates of authenticity or other documentation. Again, this helps with resale and ensures full value.
• Weight - The coins should have a common weight. 1 troy oz is very common for coins. Bars can also be in ounces, but they could also be weighed in grams. It's easier to find the price if the product has a standard weight, and it's easier to sell as well.

The design is also important. Here's why:

• Good designs make coins or bars more attractive as gifts.
• The design can also make the coin more attractive to some collectors. This can be especially true for coins that have a limited supply, such as those minted for specific holidays or occasions like Diwali.
• Collectibility can increase the premium (the cost of the coin above the spot price). Well-designed coins can be worth even more than their weight.

For Diwali gifts, it's important to find coins that have purity, provenance, and quality design.

Buy Your Diwali Gifts at Sprott Money Now

Silver and gold coins are good Diwali gifts because they have both real and sentimental value. However, the right source is important. Coins that don't have 99.99% purity or aren't from well-known mints may not have the full value. They'll be harder to resell and won't appreciate like pure coins from respected mints. This is not an issue with Sprott Money. 

Our gold and silver coins all come from national mints or respected private mints. You'll get quality and won't have to worry about purity or resale value. Choose from our special silver coins and gold coins to mark one of the most important holidays on the Indian calendar. 

Sprott Money also offers gold, silver, and platinum price charts that provide investors with access to the latest spot price information to help plan the buying and selling of physical gold, silver, and platinum.