Bullion coins(redirected from Bullion coin)
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Metal coins consisting of gold, silver, platinum, or palladium that are actively traded. Some examples include the American eagle and the Canadian maple leaf. Their price is directly connected to the underlying price of their metal.
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Coins struck from a precious metal that may be bought and sold for investment. Most bullion coins are at least 99.9% pure. Bullion coins are commodities that investors often use as a hedge against recession and inflation. Thus, while it is volatile like most commodities, it always maintains a relatively high value. Bullion coins trade for higher prices than the metals from which they are made, accounting for costs associated with their manufacture.
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