bullion coin
Bullion coin or specie refers to coin struck from bullion (namely, highly refined precious metal) 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 coin

Andres94545 · CC BY-SA 4.0
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America the Beautiful Silver Bullion Coins
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American Buffalo
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www.usmint.gov/pressroom/index.cfm?flash=no action=photo
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American Eagle bullion coins
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American Gold Eagle
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www.usmint.gov/pressroom/index.cfm?flash=no action=photo

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American Platinum Eagle
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United States Mint

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American Silver Eagle
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www.usmint.gov/pressroom/index.cfm?flash=no action=photo
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Australian Gold Nugget
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Australian Silver Kangaroo
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Australian Silver Kookaburra
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Britannia
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Canadian Gold Maple Leaf
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Canadian Palladium Maple Leaf
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Own work
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Canadian Platinum Maple Leaf
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Canadian Silver Maple Leaf
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Chinese Panda coins
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https://www.coininvest.com

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Krugerrand
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https://www.coininvest.com
Documentary evidence
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wikidata · Q557728 · wikipedia · Bullion coin
In this article
Examples
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. Under United States law, "coins" not stamped by authority of the government are not coins and must be advertised as "rounds" instead. Bullion coins may sell for a premium over the market price of the metal on the commodities exchanges. Reasons include their comparative small size and the costs associated with manufacture, storage and distribution. The amount of the premium varies depending on the coin's type and weight and the precious metal. The premium also is affected by prevailing demand. Depending on a number of factors, numismatic value may also have a direct influence on the price of a bullion coin. The American Eagle and Canadian Maple Leaf series are the only coins available in gold, silver, platinum, and palladium.
Notable examples of bullion coins include: • American Buffalo • Britannias • Eagles • Kangaroos • Krugerrands • Libertades • Maple Leafs • Noah's Arks • Orzel Bielik • Pandas • Philharmonics • Sovereigns • Spanish Lynx
Text attribution
Licensing
Text attribution
Part of the biographical narrative on this page reuses licensed material. Its origin, revision and licence are recorded here.
The biographical narrative on this page is based on the Wikipedia article Bullion coin, revision 1338538417 (EN edition), by its contributors. VALÉORINE has edited that text and built its own documentary record around it. The reused material is available under CC BY-SA 4.0, and this page's reuse of it is offered under the same licence. Everything else on this page — the chronology, the holdings, the evidence, the plates and the connections — is VALÉORINE's own record. Sources and licences.
Notes from the source article
Cited by Wikipedia
Notes from the source article
These works are cited by the source article, in its own numbering. They are recorded as its citations, not as sources VALÉORINE has verified.
- 1.U.S. Federal Trade Commission. Investing in Bullion and Bullion Coins. May 2011.
- 2.His Majesty's Revenue & Customs, UK government. VAT Notice 701/21A: investment gold coins. 28 February 2025.
- 3.Bouvier's Law Dictionary. 1856.
- 4.United States Mint. American Eagle Bullion Coins for Investors.
- 5.Royal Canadian Mint. BULLION PRODUCTS. Royal Canadian Mint Website.
References
Citations
References
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Broader subject
11- America the Beautiful Silver Bullion CoinsTerminology
Established from a fact already recorded on a verified source.
- American Gold EagleTerminology
Established from a fact already recorded on a verified source.
- American Platinum EagleTerminology
Established from a fact already recorded on a verified source.
- Australian Gold NuggetTerminology
Established from a fact already recorded on a verified source.
- Australian Silver KookaburraTerminology
Established from a fact already recorded on a verified source.
- BritanniaTerminology
Established from a fact already recorded on a verified source.
The Encyclopedia exists whether or not anything is for sale. Corrections are recorded rather than overwritten, and every version of this record is kept. Published 14 August 2026.
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