Gold Coins And Bullion

Finally gold bullion coins are often available in weights beyond simply 1 oz gold.

Gold coins and bullion. 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. Basically this is a misunderstanding of what gold bullion is. Gold bullion coin mints. However 1 gram 1 oz 100 gram and kilo size remain the most common weights available in the bullion market.

The american gold eagle coin is the official gold bullion coin from the united states and the coins debuted in 1986. 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. Ranging from 1 troy ounce to even 32 troy ounces gold bars are available in various sizes. Gold bullion bars.

A bullion coin is distinguished by an explicit statement of weight or mass and fineness on the coin. The common perception is that rectangular bits of gold bars are the most cost effective and perhaps the only available form of gold bullion. It is common for gold bullion coins to have a face value issued by their sovereign country. The american gold eagle features fractional weights of 1 2 1 4 and 1 10 oz while the chinese gold panda is offered in 1 gram 3 gram 8 gram and 15 gram weights in addition to its standard 30 gram coins.

Bars rounds coins. Each gold eagle features 22 karat gold for both bullion proof and burnished coins. 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.