Bullion coin - Wikipedia https://en.m.wikipedia.

org/wiki/Bullion_coin

Bullion coin
A (also known as a ) is a coin struck from highly refined precious metal
(bullion) and kept as a store of value or an investment rather than used in day-to-day commerce.
[1] A bullion coin is distinguished by its weight (or mass) and fineness on the coin. Unlike rounds,

bullion coins are minted by government mints and have a legal tender face value. Bullion coins
can have fineness ranging from 91.9% (22 karat) to 99.99% purity (24 karat).

For the VAT exemption purposes the United Kingdom defines investment coins more specifically
as coins that have been minted after 1800, have a purity of not less than 900 thousandths and
are, or have been, legal tender in their country of origin.[2] Under United States law, "coins" that fail
the last of these requirements are not coins at all,[3] and must be advertised as "rounds" instead.

Bullion coins may sell for a premium over the market price of the metal on the commodities
exchanges. Reasons include their comparative small size and the costs associated with
manufacture, storage and distribution. The amount of the premium varies depending on the
coin's type and weight and the precious metal. The premium also is affected by prevailing
demand. Depending on a number of factors, numismatic value may also have a direct influence
on the price of a bullion coin.

The American Eagle and Canadian Maple Leaf series are the only coins available in gold, silver,
platinum, and palladium.[4][5]

Examples

Notable examples of Bullion coins include:

• Britannias

• Eagles

• Kangaroos

• Krugerrands

• Libertades

• Maple Leafs

• Noah's Arks

• Philharmonics

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See also

• Bullion

• Inflation hedge

• List of bullion coins

• Gold coin

• Palladium coin

• Platinum coin

• Silver coin

References

1. "Investing in Bullion and Bullion Coins" (https://web.archive.org/web/20160309043706/https://ww

w.consumer.ftc.gov/articles/0135-investing-bullion-and-bullion-coins) .
. U.S. Federal Trade Commission. May 2011. Archived from the original (https://www.consumer.f
tc.gov/articles/0135-investing-bullion-and-bullion-coins) on 9 March 2016. Retrieved 9 April 2015.

2. "VAT Notice 701/21A: investment gold coins" (https://www.gov.uk/government/publications/vat-noti

ce-70121a-investment-gold-coins/vat-notice-70121a-investment-gold-coins#investment-gold-coins) .
. HMRC. 1 February 2012. Archived (https://web.archive.org/web/20150414231
646/https://www.gov.uk/government/publications/vat-notice-70121a-investment-gold-coins/vat-noti
ce-70121a-investment-gold-coins#investment-gold-coins) from the original on 14 April 2015.
Retrieved 9 April 2015.

3. (http://www.dict.org/bin/Dict?Form=Dict2&Database=bouvier&Query=COIN)
(Revised 6th ed.). 1856. Archived (https://web.archive.org/web/20150923214526/http://www.dict.or
g/bin/Dict?Form=Dict2&Database=bouvier&Query=COIN) from the original on 23 September 2015.
Retrieved 9 April 2015.

4. "American Eagle Bullion Coins for Investors" (https://web.archive.org/web/20150918064126/http://

www.usmint.gov/mint_programs/american_eagles/?action=american_eagle_bullion) .
. United States Mint. Archived from the original (https://www.usmint.gov/mint_programs/americ
an_eagles/?action=american_eagle_bullion) on 18 September 2015. Retrieved 17 February 2018.

5. "BULLION PRODUCTS" (https://web.archive.org/web/20150912230844/http://www.mint.ca/store/mi

nt/about-the-mint/products-7400002) . . Royal Canadian Mint. Archived
from the original (http://www.mint.ca/store/mint/about-the-mint/products-7400002) on 12
September 2015. Retrieved 9 April 2015.

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