Gold Bullion Coins

Gold Bullion Coin is a gold round, which is awarded the status of a legal tender by its issuer - the country's government.

 

Criteria:

- minted by official agencies for investment purposes in unlimited numbers.

- struck from fine gold at fineness not less than 0.900.

- bought by individuals as a store of value and not for day-to-day commerce activities.

- available in multiples or fractions of one troy ounce. most common weights are 1/10, 1/4, 1/2 and 1 troy ounce.

- sold to public on premium over market price of gold due to its size, production cost, storage, distribution and insurance.

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