DEFINITION OF BULLION COINS:
Coins whose value is intended to be based on the precious metal content of the
coin. They are minted by a country, and legal tender in that country (although
unlikely to actually be used as currency).
Bullion coins are some of the
most beautiful coins in the world. They are made of a precious metal (gold, platinum
and silver are most common). They tend to be quite rare, many with mintages of
less than 10,000. They have been minted since the late 1960s by a variety of countries,
although most have been minted since 1980. They are designed to be bought and
sold based on their metal content, not their face value, as a way for people to
own gold or other precious metals (as an alternative to "gold bars"
and ingots). However, because of their beauty, scarcity, and value, they are also
collector coins.
Opinions
differ as to the true definition of a bullion coin. Most people feel that a coin
must be legal tender to be a bullion coin -- but that would prevent the 1982 Gold
Pandas from being bullion coins, while allowing the later years to be bullion
coins. Some people consider coins with very limited mintages (1,000 or less) to
be bullion coins, if they meet the other criteria.
South
Africa was the first country to mint bullion coins, with the Krugerrand. Bullion
coins are most common in 1 ounce sizes, although most are also available in 1/2
ounce, 1/4 ounce and 1/10 ounce sizes. Sometimes there will also be smaller 1/20th
ounce or 1/25th ounce sizes, as well as larger 2oz, 5oz, 10oz, and larger sizes.
Bullion
Coin - Collecting
People
collect bullion coins for their own reasons, just as with any type of bullion
coin. Among the many bullion coins can be found some of the most beautiful coins.
They often have different designs each year. The look of gold, silver, and platinum
have their own special appeal. They are reasonably priced (some as little as $20),
so you can afford to add new coins to your collection occasionally.
The
perceived value of bullion coins can be higher than the actual value -- how many
people know you can buy a gold coins for less then US$100?
Finally,
with the value of bullion coins based much more on the content of the metal rather
than the scarcity of the coin, they can be a great value. The low mintages also
can be very appealing -- Mintages under 10,000 are not uncommon, and most bullion
coins have a mintage of less than 100,000.
William Youngerman, Inc.
World Gold Coin and U S Gold Coin Specialists
William
Youngerman offers live support to answer all your questions about buying-selling-trading
World Gold Coins and U S Gold Coins.Boca Raton, Florida is the home to one of
the finest World Gold Coin and U S Gold Coin specialists in the United States.
To speak to someone about buying-selling-trading World Gold Coins and U
S Gold Coins right now, just pick up the phone and call toll free at 1-800-327-5010.
We have one of the most extensive inventories of World Gold Coins. South
Florida has no World Gold Coin specialist to compare. Mr. Youngerman, a World
Gold Coin and U S Gold Coin Specialist, is a long standing member of the American
Appraisers Association. The World Gold Coins and U S Gold coins in our inventory
are certified by either PCGS, NGC or ICG. Mr. Youngerman is available to answer
immediate questions about your best advantage regarding buying-selling-trading
World Gold Coins and U S Gold Coins.
You can also email bill@youngermans.com.
Thank you for visiting William Youngerman. And don't forget that we have been
leaders in buying-selling-trading World Gold Coins and U S Gold Coins since
1967.
I hope you have a great time buying-selling-trading World Gold Coins
and U S Gold Coins!
William Youngerman
William Youngerman, Inc.
info@williamyoungerman.com
Toll Free 1-800-327-5010
P.S. I enjoy special requests for buying-selling-trading World Gold Coins and
U S Gold Coins. Tell me your wants or what you have in World Gold Coins and
U S Gold Coins and let's see what we can come up with. I am constantly looking
for new avenues for buying-selling-trading World Gold Coins and U S Gold Coins.
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