Gold Bullion, Silver Bullion, Platinum Bullion
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Bullion defined as... the pure form of a precious metal such as gold, silver, copper, or platinum, from which coin metal alloys are made. The U.S. Gold Eagle is not really pure bullion; it is an alloy of 91.67% gold, 3% silver, and 5.33% copper, although the total amount of gold content weighs out to a solid ounce. The U.S. Silver Eagle and the U.S. Gold American Buffalo are both considered to be true bullion coins, since their alloy is at least 99.9% pure.
The value of bullion
is affected by three factors: metal, weight and purity. The metal the
bullion consists of is obviously important in determining its overall
value: gold is worth more than silver, while platinum is
worth more than gold. The weight of bullion is usually measured in troy
ounces, where one troy ounce is equal to approximately 31g. Purity also
varies widely in bullion, though many countries release coins with
99.99% purity, which is as close as one can practically get to pure.
The average minting of a bullion coin is less than 10,000, one of the reasons they are so popular with collectors. Extremely limited presses are also relatively frequent, with countries sometimes releasing as few as 20 to 50 of a certain bullion coin. Silver coins, particularly, are popular with collectors; because of the relatively low worth of their metal, they are cheaper in general. For this reason, silver bullion coins, more than gold or platinum, are often valued substantially above the market value of silver.
At this point, most major countries offer at least one type of bullion coin. Usually these coins will have one main symbol they use each year, though some nations choose to keep the same theme but alter the image yearly.
U.S. coins made of bullion are not intended for general circulation; they are made for the purpose of investing in precious metals.source: about.com
| 1994 ms69 silver eagle NGC
$21.55 Time Left: 15m |
| 2006-W burnished SILVER EAGLE PCGS MS70
$675.00
Time Left: 15m |
| 24K solid gold Sailboat Lucky charm pendant 6.5 grams
$298.00 Time Left: 15m |
| Silver Round-1 oz .999 Pure-A Mark--Liberty Bell
$22.50 Time Left: 15m |
| 2002 Silver American Eagle Dollar BU in air tight case.
$19.29 Time Left: 16m |
| 1994 ms69 silver eagle NGC
$22.30 Time Left: 16m |
| 2005 Canada 5 Dollars Silver Bullion Coin COA
$15.26 Time Left: 16m |
| 2007 W SILVER EAGLE NGC MS70 "BURNISHED" MS 70 #Z7F
$54.89 Time Left: 16m |
| WWII POTSDAM CONFERENCE 1 Troy oz 999 PURE Silver Round
$15.01 Time Left: 16m |
| 10 G Gr Gram 995 24K GOLD Bullion Bar W Certificate Oz
$386.00 Time Left: 16m |
| 1 OUNCE SILVER ROUND, MORGAN DOLLAR DESIGN- .999 FINE.
$25.10 Time Left: 16m |
| (a1worldtrading) 2007 SILVER AUS. LUNAR PIG 1 2 KILO
$359.00 Time Left: 16m |
| USA BUFFALO SILVER ART BAR, 1 OZ, BULLION , GEM PROOF
$15.50 Time Left: 16m |
| Gold nuggets Bullion 1 Cent NR bid ----L@@K -- invest
$11.50 Time Left: 16m |
