|
Bullion Coin
A bullion coin (also known as a specie) 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, or collectable, with numismatic value beyond that of its metal content. 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). In the United Kingdom coins deemed to be investment coins are exempt from value-added tax (VAT) on transactions. A coin is considered to be an investment coin if it was minted after 1800, and at least 900 thousandths fine, and has been legal tender in its country of origin, and not normally sold at more than 180% of the value of its precious metal content; or if it is on a long list of coins deemed to be investment coins. This Web page links to the current list ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coin
A coin is a small object, usually round and flat, used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by a government. Coins often have images, numerals, or text on them. The faces of coins or medals are sometimes called the ''obverse'' and the ''reverse'', referring to the front and back sides, respectively. The obverse of a coin is commonly called ''heads'', because it often depicts the head of a prominent person, and the reverse is known as ''tails''. The first metal coins – invented in the ancient Greek world and disseminated during the Hellenistic period – were precious metal–based, and were invented in order to simplify and regularize the task of measuring and weighing bullion (bulk metal) carried around for the purpose of transactions. They carried their value within the coins themselves, but the stampings also induced manip ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Canadian Mint
The Royal Canadian Mint () is the mint of Canada and a Crown corporation, operating under an act of parliament referred to as the ''Royal Canadian Mint Act''. The shares of the mint are held in trust for the Crown in right of Canada. The mint produces all of Canada's circulation coins, and manufactures circulation coins on behalf of other nations. The mint also designs and manufactures precious and base metal collector coins; gold, silver, palladium, and platinum bullion coins; medals, as well as medallions and tokens. It further offers gold and silver refinery and assay services. The mint serves the public's interest but is also mandated to operate "in anticipation of profit" (i.e., to function in a commercial manner without relying on taxpayer support to fund its operations). Like private-sector companies, the mint has a board of directors consisting of a chair, the president and CEO of the mint, and eight other directors. History For the first fifty years of Canadi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Bullion Coins
Bullion coins or investment coins are coins made of precious metals, usually gold or silver, but possibly platinum, palladium, or rhodium. They are kept as a store of value or an investment with no (or little) value beyond that of their precious metal content. Under United Kingdom law, a coin is considered to be an investment coin, and hence transactions in it are not subject to value-added tax (VAT), if it is minted after 1800, and at least 900 thousandths fine, and has been legal tender in its country of origin, and not normally sold at more than 180% of the value of its precious metal content; or if it is on a long list of coins deemed to be investment coins. This Web page links to the current list of investment coins, which is updated as required. Under United States law, coins that do not meet the legal tender requirement cannot be marketed as "coins". Instead, they must be advertised as rounds. Bullion coins are typically available in various weights, usually multiples or fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inflation Hedge
An inflation hedge is an investment intended to protect the investor against— hedge—a decrease in the purchasing power of money—inflation. There is no investment known to be a successful hedge in all inflationary environments, just as there is no asset class guaranteed to increase in value in non-inflationary times. Conventional strategies for protecting wealth from inflation normally involve diversification into traditional assets like common stocks, gold, fixed-income securities, and real estate, but new strategies have value-generating assets like solar photovoltaics. Overview Inflation can impact investment decisions by making it difficult to predict future prices. This makes it risky to invest in certain assets, such as commodities, that may be impacted by inflation. Inflation can erode the value of investments over time. This is why it is important for investors to consider inflation when making investment decisions. ''Barron's Finance & Investment Handbook'' state ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bullion
Bullion is non-ferrous metal that has been refined to a high standard of elemental purity. The term is ordinarily applied to bulk metal used in the production of coins and especially to precious metals such as gold and silver. It comes from the Anglo-Norman term for a melting-house where metal was refined, and earlier from French , "boiling". Although precious metal bullion is no longer used to make coins for general circulation, it continues to be held as an investment with a reputation for stability in periods of economic uncertainty. To assess the purity of gold bullion, the centuries-old technique of fire assay is still employed, together with modern spectroscopic instrumentation, to accurately determine its quality. As investment The specifications of bullion are often regulated by market bodies or legislation. In the European Union, the minimum purity for gold to be referred to as "bullion", which is treated as investment gold with regard to taxation, is 99.5% for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Orzeł Bielik
Orzeł bielik gold coins are a series of gold bullion coins of .9999 purity, issued by the Polish National Bank. These coins were minted on the order of the President of the Polish National Bank on 12 June 1995. The obverse side of the coin bears the emblem of the Republic of Poland, the denomination, and date of minting. The reverse side shows a stylized silhouette A silhouette (, ) is the image of a person, animal, object or scene represented as a solid shape of a single colour, usually black, with its edges matching the outline of the subject. The interior of a silhouette is featureless, and the silhouett ... of a white-tailed eagle and information about the sample and the weight of the coin. The edge is smooth. The coins are packaged in special plastic packaging. Each coin is accompanied by a certificate, along with technical data, a number, and a brief description. Available denominations are: * zl 50, weighing 0.1 ounces, with a diameter of 18.0& mm * zl 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vienna Philharmonic (coin)
The Vienna Philharmonic (), often shortened to Philharmonic, is a bullion coin of gold, silver, or platinum produced by the Austrian Mint (''Münze Österreich''). The coin is named for the Vienna Philharmonic orchestra, which inspired the design of both sides. It was introduced in 1989, as a one- troy ounce (ozt) gold coin with a face value of 2,000 Austrian schillings. It is one of the world's best selling bullion coins. In 2002, with the adoption of the euro currency, the nominal value of the one-ounce coin was changed to 100 euros. In 2008, the Mint introduced a one-ounce silver version of the coin with a nominal value of 1.5 euros. The silver coin is also one of the top selling bullion coins, ranked third in 2013. In 2016, the mint introduced a one-ounce platinum coin with a face value of 100 euros. Like any bullion coin, the value is based primarily on the metal content and the spot price of that metal on the commodities markets. The gold Philharmonic ha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chinese Gold Panda
The Chinese Gold Panda () is a series of gold bullion coins issued by the People's Republic of China. The Official Mint of the People's Republic of China introduced the panda gold bullion coins in 1982. The panda design changes every year (with a single exception) and the Gold Panda coins come in different sizes and denominations, ranging from (and larger ones as well). There is also a Silver Panda series issued with the same designs as the Gold Panda coins. History China issued its first gold coins picturing a panda design in 1982, in sizes of of 99.9 fine gold. Beginning in 1983 another size was added – . Larger panda coins were issued in some years, weighing . These popular coins are issued in prooflike brilliant uncirculated quality with a different design each year. A freeze of the design was announced with the 2001 issues—and thus the 2002 pandas were identical to 2001. But collectors spoke up in behalf of annual changes, and China reverted to their original policy. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Noah's Ark Silver Coins
The Noah's Ark silver coins are Armenian bullion coins issued since 2011. They are available in various sizes with a fine weight between ounce and 5 kg in silver of 999/1000 fineness. The 1 troy oz. coin has a nominal value of 500 Drams and is legal tender in Armenia. The coin is produced by the Leipziger Edelmetallverarbeitungs GmbH, an affiliated company of Geiger Edelmetalle. The motif of the coin remains constant, similar to other bullion coins, such as the Canadian Silver Maple Leaf, the Vienna Philharmonic and the American Silver Eagle. Background The iconic bible story of Noah's Ark was selected as a motif for the bullion coin. The Genesis flood narrative tells how God punished mankind with a flood because of their sins, with the exception of Noah and his family. God tells Noah that he is sending a flood and gives him detailed instructions for building an ark (a large boat) and taking aboard two or more of every animal species. Endless rain completely covers the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Libertad (coin)
The Libertad coins are silver and gold bullion coins originating from Mexico and minted by the La Casa de Moneda de México (''Mexican Mint''). The Mexican Mint was established in 1535 and is the oldest mint in the Americas. The modern coins contain 99.9% silver or gold (.999 fineness) and are available in various sizes. Both metal coins have undergone a design change. In 1989, 3,500 ounce Libertad platinum coins were produced. Libertads are devoid of face value, yet are legal tender, still accepted as currency and guaranteed by Banco de México, based on the market value of its gold or silver content. In addition to the bullion version, a proof and reverse proof versions for both metals are manufactured specifically for collectors. Gold coins made before 2000 are only 90% pure gold. Proof coins contain a frosted angel with a polished background. A reverse proof is the opposite and has a polished angel with a frosted background. An antique finish silver Libertad coin was first ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Krugerrand
The Krugerrand (; ) is a South African coin, first minted on 3 July 1967 to help market South African gold and produced by Rand Refinery and the South African Mint. The name is a compound of '' Paul Kruger'', the former President of the South African Republic (depicted on the obverse), and '' rand'', the South African unit of currency. On the reverse side of the Krugerrand is a pronking springbok, South Africa's national animal. By 1980, the Krugerrand accounted for more than 90% of the global gold coin market and was the number one choice for investors buying gold. However, during the 1980s and 1990s, Krugerrands fell out of favor as some Western countries forbade import of the Krugerrand because of its association with the apartheid government of South Africa.Bob Secter (02 Oct 1985Reagan Bans Imports of S. Africa Krugerrand The Los Angeles Times, accessed 28 June 2018 Although gold Krugerrand coins have no face value, they are considered legal tender in South Africa by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Gold Nugget
The Australian Gold Nugget, also sometimes known as the Australian Gold Kangaroo, is a gold bullion coin minted by the Perth Mint. The coins have been minted in denominations of oz, oz, oz, oz, 1 oz, 2 oz, 10 oz, and 1 kg of 24 carat gold. They have legal tender status in Australia—though worth far more as bullion than their face value—and are one of few legal tender bullion gold coins to change their design every year, another being the Chinese Gold Panda. This may raise their numismatic value over the value of gold used, unlike many other bullion coins. History The Gold Nugget series was introduced in 1986 by Gold Corporation, a company wholly owned by the Government of Western Australia, more commonly known by its trading name The Perth Mint. This issue of coins had two unique features: a "two-tone" frosted design effect, and individual hard plastic encapsulation of each coin. These features were unusual for a standard bullion coin and gave the Nugget a uni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
