What makes a bullion coin different from other coins?: Collecting Basics

Coin World is introducing novices to numismatics one topic at a time
By , Coin World
Published : 05/09/14
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The price of gold and silver bullion coins varies with the daily price of gold and silver and they can be bought and sold around the world through organized financial markets. Bullion coins are intended for consumers interested in the intrinsic value of the metal, while commemorative coins are marketed on the basis of the potential rarity or collector appeal.

Bullion coins are issued in a variety of weights and the issuing government guarantees their purity. Unlike gold bars, gold bullion coins do not require an assay when they are bought and sold. Tradit­ionally, a gold bullion coin is minted in quantities to meet demand and the design remains consistent from year to year.

Coin World’s Precious Metals section keeps readers abreast of related news and insights.

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