Gold Coin

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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.
References in periodicals archive ?
continental Celtic gold coinage imitated the Macedonian king (and Alexander's father) Phillip II's coinage.
Nonetheless, Roosevelt proceeded to promote an exceedingly unsound currency--with the seizure of most Americans' gold, devaluation of gold coinage, removal of domestic redemption of Federal Reserve Notes in gold, and the nullification of gold clauses in both public and private contracts (Vieira 2002: 867-1235).
Its primary functions of refining gold from the eastern goldfields and striking gold coinage continue to this day with gold now refined at The Perth Mint Refinery, near Perth Airport and precious metal coins struck onsite at the Mint.
Both Lindsay's and Ricardo's plans were characterised by the absence of gold coinage and gold coin circulation as part of the objective to adopt a most economical system.
He examines gold coinage in the Duero plateau in the sixth and seventh centuries and concludes that the distribution of mints points to political fragmentation, taxes were often collected in kind rather than coin, gold coins were used for propaganda purposes, and that taxation in the area was largely symbolic.
Her elevation to gold coinage came in 1987 and still today she adorns the high value coins of the realm.
In the third century AD, for example, after the silver coins had been so debased that they contained no more than 1 or 2 per cent of silver, gold coinage too 'was produced at an increasingly lower standard'.
The gold used in the extensive gold coinage of Vima Kadphises and his successors might well have come from the millions of gold Roman coins which Pliny had indirectly lamented were disappearing into Central Asia.
Topics of the papers include such topics as the devaluation of Sidonian silver coinage in 365 BCE and the first bronze issues, the Stymphalos Hoard of 1999 and the city's defenses, the gold coinage of Trajan dated COS V, Trajan's gold coinage from 112-117 CE, the enigma of 'Abud al-Dawla Kuch Tegin resolved, the possibility that Athangild's name appears in the Visigoth's coinage, the and Liberty Reverse type of the Connecticut coppers.
1913) Private Gold Coinage of California, 1849-1855.
These portrait coins were minted from 814 to 818, and it was probably during this period that Louis also struck a splendid gold coinage.