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Encyclopedia > Bullion coins

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. Examples include Krugerrands, British sovereigns, the American Eagle series and the Canadian Maple Leaf series. A precious metal is a rare metallic element of high, durable economic value. ... A coin is usually a piece of hard material, generally metal, usually in the shape of a disc, and most often issued by a government, to be used as a form of money in transactions. ... A gold nugget A precious metal is a rare metallic chemical element of high economic value. ... The face of Paul Kruger, shown on the obverse side of the coin. ... Three Gold Sovereigns with a Krugerrand A Gold Sovereign is a gold coin first issued in 1489 for Henry VII of England and still in production as of 2006 [1]. The coin generally has a value of one pound sterling. ... American Eagle bullion coins are produced by the United States Mint. ...


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