A bullion coin is a coin struck from precious metal and kept as a store of value or an investment rather than used in day to day commerce.
Gold coins and bullion.
Gold bullion bars.
It is common for gold bullion coins to have a face value issued by their sovereign country.
The same thinking has it that round bits of gold coins are not really gold bullion.
A bullion coin is distinguished by an explicit statement of weight or mass and fineness on the coin.
The bullion and proof coins include 1 oz 1 2 oz 1 4 oz and 1 10 oz coins while the burnished coin has just a 1 oz.
Ranging from 1 troy ounce to even 32 troy ounces gold bars are available in various sizes.
The american gold eagle coin is the official gold bullion coin from the united states and the coins debuted in 1986.
Gold coins can be struck with a variety of purity levels from the 9167 fineness of the gold eagle to the 9999 fine gold maple and some coins even have the 99999 fine gold designation.
This is because the weight and composition of coins intended for legal tender is specified in the coinage laws of the issuing nation and therefore there.
However 1 gram 1 oz 100 gram and kilo size remain the most common weights available in the bullion market.
Gold bullion coin mints.
Bars rounds coins.
Finally gold bullion coins are often available in weights beyond simply 1 oz gold.
A flat bar struck using 999 usually pure gold is known as a gold bullion bar.
Each gold eagle features 22 karat gold for both bullion proof and burnished coins.