A new book on bullion coins, The World of Leading Bullion
Coins, is a collaborative effort with the Perth Mint, the Austrian
Mint, the Royal Canadian Mint, the Rand Refinery and the Royal Mint.
Metals Focus, a research and analysis firm that publishes
precious metals market reports, launched the online publication in
mid-October. While the book is available in a printed form,
distribution is limited and it is not generally available to the
public in that format.
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The World of Leading Bullion Coins details a historical account
of each mint, including product photography of the full suite of their
coins available to investors. Together, these represent the vast
majority of those coins traded in the international market.
This book also touches on why gold continues to resonate with
investors and some of the other ways in which coin investors can gain
exposure to precious metals.
Brockage or contact mark? Mike Diamond explains.
Also in our Nov. 20 issue, a reader found a fascinating Barber
dime that’s over a century old; John Wexler profiled what makes it different.
In addition to gold, the book charts the development of silver
bullion coins and the more recent additions of platinum and palladium coins.
Modern day gold bullion coins have consumed some 5,000 metric tonnes
(160 million ounces) of gold, while silver bullion coins have
accounted for around 33,000 metric tonnes (over 1 billion ounces) of
The modern era of the bullion coin as an investment began in 1967
with the launch of the .9167 fine gold Krugerrand. The world of
bullion grew in the late 1970s and throughout the 1980s as several
countries began issuing their own coins, all of which are reviewed in
the new book.
During the late 1970s and 1980s, the sector quickly grew to include
the Canadian Maple Leaf (1979), the Chinese Panda (1982), the American
Eagle (1986), the Australian Kangaroo and the United Kingdom’s
Britannia (1987) and the Austrian Vienna Philharmonic (1989). In
addition, the British sovereign was relaunched in 1957, in response to
the popularity of the 1- and 2-rand gold coins struck in South Africa
(which were first issued in 1952).
Government-minted bullion coins’ continuing relevance to investors
and collectors is testament to their advantages as a portable store of
value. These include direct exposure to the underlying precious metal
value, the integrity of the state owned mints which produce them, the
legal tender status of many bullion coins and ease with which they can
be purchased and readily sold as the need arises.
Philip Newman, Director of Metals Focus commented “These
characteristics help explain the surge in investor demand for bullion
coins during and since the last financial crisis, as investors shifted
their focus towards precious metals in physical form.”
For a hard copy of the book, contact one of the sponsoring Mints or
A PDF and flipbook of the new resource may be view at a special website for the book.