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Gold Coin |
Also found in: Wikipedia | 0.01 sec. |
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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. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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