Well they are gold and silver coins purchased for one of three reasons.
Difference between gold and bullion.
Investment inflation hedge or survival.
Worldwide the most popular form for private investors is bullion coins.
First let s address the fundamental difference between bullion and numismatic coins.
What is the difference between gold bullion and gold coins.
Fine gold is very soft so it is generally not used to make jewelry and other everyday items.
In order to understand the difference between investing in gold bullion versus investing in a gold stock let s break down what gold bullion is and how it is traded.
Bullion coins are often referred to as uncirculated which means exactly that the coins have never been in circulation.
Rounds cannot be made with the exact dimension and weight of any coin produced anywhere in the world.
Gold bullion is a recognized weight and fineness of gold that you can purchase for the current price of gold plus the small percentage costs incurred in refining fabricating and shipping that bullion to you.
Gold coins are more aesthetically pleasing containing amazing designs such as the bald eagles on a gold american eagle or the american bison on the american buffalo gold coin.
Bars rounds and coins.
Bullion produced specifically for investment purposes comes in three distinct forms.
American eagle gold proof coins.
Though gold bullion does not contain such striking imagery solid pure gold ingots are extremely beautiful to.
Process of producing fine gold.
Let s begin with bullion coins.
Many new investors are confused by the difference between american eagle gold proofs and american eagle gold bullion coins.
Fine gold production begins with gold prospecting.
Learn the difference between bullion proof and numismatic coins.
The fastest way to learn a valuable lesson is to jump into something without taking your time to make the right decision.
So it is just a part of the overall bullion market.
Another interesting difference between coins and rounds that prevents counterfeiting.
Instead it is reserved for gold bullion bars and gold bullion coins.
Another difference between gold and bullion is that you always say gold was traded in the bullion market.
Having said that we must admit that.
As these items are often used for investment purposes the purity of their materials counts.
Mint these are collector edition coins minted through a process that begins by manually feeding burnished coin blanks into presses fitted with special dies.
This type of coin is different from regular currency because it is not meant for circulation as payment for goods in stores.
According to the u s.