What Are Bullion Coins?

When people wish to purchase, either for themselves or as a gift, something beautiful that means stability and is of timeless value, bullion coins, produced by the world's mints, are an ideal choice. Bullion coins are official coins produced by offical government mints and are legal tender in the country they were minted. They however are not used in day-to-day commerce like normal circulated coins. Bullion coins have a purity of not less than 900 thousandths and are usually minted in multiples or fractions of 1 troy ounce. Bullion coins can be silver, gold, and platinum. The following mints all produce bullion coins:

• Australian Mint (gold Kangaroo coins, platinum Koala coins, silver Kookaburra coins)
• Austrian Mint (gold Philharmonic coins)
• British Royal Mint (gold or platinum Britannia coins)
• Pobjoy Mint (gold or silver Cherub Angel coins)
• Royal Canadian Mint (gold, platinum or silver Maple Leaf coins)
• South African Mint (gold Krugerrand coins)
• US Mint (American Eagle coins in gold or silver)

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