Silver and Gold Bullion Coins

by sirqitous

Silver and Gold Bullion Coins

Collecting silver and gold bullion coins can be an investment, an insurance against market inflation as well as a passionate hobby all combined into one. Amassing silver and gold bullion coins are the easiest method for you to start owning gold and silver. Many of the bullion coin series also feature multitudes of designs, created with outstanding craftsmanship, therefore making them very desirable objects to collect.Ever since the first bullion coin is issued in South Africa in 1967, many national mints worldwide have followed suit issuing their own bullion coins series, the most popular being the British Britannia series, the Chinese Gold Panda Series and the American Silver Eagle series.

Most silver and gold bullion coins are never used in daily commerce (some bullion coins like the Krugerrand have no face value!), despite that many of the bullion coins issued today are bestowed with legal tender status in their respective country of issue, therefore making them exportable to most of the countries worldwide without being subjected to import taxes, duty or VAT. This fact makes silver and gold bullion coins a very attractive means for private gold or silver ownership. Investors often put their money in gold and silver bullion coins to balance off the effects of inflation because the value of both metals have since increase more or less consistantly for the past five years. Then again it is notable that since many bullion coin series, especially those that changes designs every year, have very limited mintage, many of them below 100,000 units per year. This results in some bullion coins fetching much higher prices on top of their market gold content due to its rarity and collectible value. Hence investors tend to look for bullion coins that have repetitive design throughout their years of issue, have

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