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
The Kruger rand value comes from the bullion content, 1 ounce or 31 grams, 22 carats, 32,77 mm diameter, 2.84 thick best condition may realize £1051.87 as at 25th January
Lieutenant Rose and the Stolen Bullion - 1913 is rated/received certificates of: UK:U
Even if Krugerrand value is closely linked to the value of gold, Krugerrands are worth more as coins, since they are sold with a premium (3% and more) over the gold price. Specially proof Krugerrand coins that have a collector value are worth much more than the gold they are made of. Older bullion Krugerrands may also increase in their collector value.
The James bond movie which has bullion depository is known as Goldfinger. In this movies, James Bond is conducting an investigation on certain gold smugglers.
As of February 2012 the bullion value is $832.24.
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.
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
Bullion value only.
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.
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.
AU means "about uncirculated" and BU means bullion. BV stands for Bullion value and BU is the abbreviation for Brilliant Uncirculated.
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.
Average Circulated coins are only Bullion Value. To figure that: [(actual coin weight) x .90] x market. Nice coins in Extra Fine condition are around $80USD and Uncirculated specimens are around $135USD
If the coin is uncirculated the retail value is about $4.25 if it's not, bullion value is $3.00 as of today.
Then the measured value is larger than the actual value.
%error = (Actual value- Measured value) / actual value *100