Gold Coin


Also found in: Wikipedia.

Gold Coin

1. A coin of gold bullion that may be bought and sold for investment. Most gold bullion is at least 99.9% pure. Gold coins, like all gold bullion, are commodities that investors often use as a hedge against recession and inflation. Thus, while they are volatile like most commodities, they always maintain a relatively high value. Gold coins are measured by mass and purity rather than face value.

2. A coin of a currency that is minted from gold and intended for circulation. See also: Kruggerand.
References in classic literature ?
They have also a small gold coin worth two dollars.
And the countess, trying to conceal the action from herself and from him, slipped a gold coin into his hand and always returned to the patient with a more tranquil mind.
He threw out a gold coin for the valet to pick up, and all the heads craned forward that all the eyes might look down at it as it fell.
When he halted before the binnacle, with his glance fastened on the pointed needle in the compass, that glance shot like a javelin with the pointed intensity of his purpose; and when resuming his walk he again paused before the mainmast, then, as the same riveted glance fastened upon the riveted gold coin there, he still wore the same aspect of nailed firmness, only dashed with a certain wild longing, if not hopefulness.
I covered six- sevenths of the appropriation into the treasury a week before starting from Camelot on my adventures, and ordered that the other seventh be inflated into five- cent nickels and delivered into the hands of the head clerk of the King's Evil Department; a nickel to take the place of each gold coin, you see, and do its work for it.
She took no notice, but held up the gold coin before the eyes of the boy of the swan dive.
I had a gold coin, a twenty-franc piece, sewed into the band of my skirt; so I spoke to M.
At one time he was turning a ponderous key in an iron door not unlike the door of a sepulchre, but which, being opened, disclosed a vault heaped up with gold coin, as plentifully as golden corn in a granary.
below par; that I had cost his majesty above a million and a half of SPRUGS" (their greatest gold coin, about the bigness of a spangle) "and, upon the whole, that it would be advisable in the emperor to take the first fair occasion of dismissing me.
It was SIMPLY FILLED with gold coin, and was so heavy that four men bent underneath its weight.
He saw the gold and silver bracelets upon her bare arms, the strings of gold coin that depended from her hair ornaments, and the gorgeous colors of her dress.
Yea, they are the current gold coin of the New Jerusalem, with the King's own mint mark on them