coins composed of precious metals such as gold, silver, or platinum, which would have value as bullion (i.e., if melted down). These coins trade at a slight premium over their metal content, unlike numismatic coins, which trade on their rarity and historic and/or artistic value. Popular bullion coins minted by major governments around the world include the American Eagle, the Canadian Maple Leaf, the South African Krugerrand, and the Chinese Panda.
coins composed of metal such as gold, silver, platinum, or palladium. Bullion coins provide the purest play on the "up or down" price moves of the underlying metal, and are the most actively traded. These coins trade at a slight premium over their metal content, unlike numismatic coin, which trade on their rarity and artistic value. Some of the most popular bullion coins minted by major governments around the world include the American Eagle, the Canadian Maple Leaf, the South African Kruggerand, and the Australian Kangaroo. In addition to trading bullion in coin form, nearly pure precious metals also are available in bar form.