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Precious metals in bulk form are known as bullion, and are traded on commodity markets. Bullion metals may be cast into ingots, or minted into coins. The defining attribute of bullion is that it is valued by its mass and purity rather than by a face value as money. Many nations mint bullion coins, of which the most famous is probably the gold South African Krugerrand. Although nominally issued as legal tender, these coins' face value as currency is far below that of their value as bullion. For instance, the United States mints a gold bullion coin (the Gold Eagle) at a face value of $50 containing 1 troy ounce (31.1035 g) of gold

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โˆ™ 2006-05-19 07:22:33
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Q: What is 'actual bullion value'?
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Related questions

What is the bullion value of a 1894 US ten dollar gold coin?

As of February 2012 the bullion value is $832.24.

What is bullion value of 1912 half sovereign?

Bullion refers to a precious metal, most commonly gold and silver when dealing with coins, but there are many other precious metals that could be referred to as bullion. The bullion value of anything, such as a coin, is the value of the gold it is made from and has nothing to do with the coin itself. The bullion value of any precious metal will change on an hourly basis entirely on the whims of the market.

What coin says silver bullion on it?

Any silver coin having its value primarily from the silver it contains is considered to be a bullion coin and as such many of them have "silver bullion" on them.

What is the value of a 2000 Billion Dollar Silver Proof Washington mint?

The Washington Mint is a private company NOT associated with the actual U.S. Mint. Any silver coin they produce is worth its bullion value only.

What is the value of a King George 1906 one rupee silver coin?

If it's real then it has Almost 10 grams of silver so Bullion value is 9.59 as of today. But the actual value is around 15-40 dollars depending on the condition the coin is in.

What is a value of 1963 half dollar?

So many were struck the value is bullion unless it's and uncirculated coin which has a retail price of $7.00 to $9.00 depending the grade compared to a bullion value of $6.25 as of today.

What is the face value in pounds of a gold sovereign?

The face value of a Sovereign is One Pound (GBP). Since all British Sovereign coinage is made from 22 carat gold, the actual value is very much higher. Athe very least, they are worth the bullion value of gold.

What exactly is a bullion coin?

A bullion coin is a type of currency used by all kinds of past civilizations such as the Aztecs, the Celtics, the Anglo-Saxons, and the Celts. Bullion coins are now considered historical and most of them hold no value in the sense that they are priceless artifacts.

How much gold is in a 1911 ten dollar god coin?

I do hope you mean GOLD coin, but actual gold weight is .48375oz of pure gold. The bullion value is $546.00 as I type this

What is the meaning of AU and BU when looking up the value of coins?

AU means "about uncirculated" and BU means bullion. BV stands for Bullion value and BU is the abbreviation for Brilliant Uncirculated.

What if actual value - measured value is negative?

Then the measured value is larger than the actual value.

What is the equation for accuracy?

%error = (Actual value- Measured value) / actual value *100

What is a bullion?

"Bullion" is any metal deemed to be precious if it is rare. Precious metals in bulk form are known as bullion, and are traded on commodity markets. The defining attribute of bullion is that it is valued by its mass and purity, rather than by its face value as money. Bullion metals include gold, silver, platinum, and palladium, and may be cast into ingots or minted into bars, rounds or coins.

1964 Uncirculated quarter?

If the coin is uncirculated the retail value is about $4.25 if it's not, bullion value is $3.00 as of today.

What is the silver value of a German 1907 five mark?

Today's Bullion value: 15.43 GBP

1962 silver quarters?

If the coin is uncirculated the retail value is about $4.25 if it's not, bullion value is $3.00 as of today.

Value of 2006 5 dollar gold coin?

The 5 Dollar American Eagle coin regardless of date is a 1/10th oz Gold Bullion coin and as I type this the value is $108.10 The value of any gold bullion coin follows the spot price of gold.

How do I invest in Gold Bullion?

You find a reputable dealer and buy gold bullion from them: either personally (if you really value your privacy and don't mind the associated inconvenience) or online.

What is a bullion market?

The bullion reserve of a country is the indicator of the amount of wealth a country possesses. Bullion is defined as a bulk quantity of precious metals consisting of gold, silver and others that can be assessed by weight and cast as a lump. Bullion is valued by its purity and mass rather than its face value which is applicable in the case of money.

How to calculate actual cash value?

How do you calculate the actual cash value of a home

How much is a 1989 cent worth?

...1 cent. Pennies made after 1982 no longer have much copper in them and the actual bullion value of them is less than one cent. There are no rare Lincoln memorial pennies except for errors.

What is value of St Gauden coin?

What's the value of 1907 mini st. Garden gol bullion coin worth

What is the Value of 2.50 gold piece?

The bullion value of this coin is $135.27 as of today. That's the best answer with out a date or mint mark

What is the value of a 1991 American eagle silver bullion proof coin?

Average retail value for the Proof coin is about $40.00.

What is the value of an 1909 oversized genuine copper proof?

It is a copper bullion coin and its value is close to whatever the copper market is.

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