Gold Coin

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Also found in: Acronyms.

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.
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References in periodicals archive ?
A married couple during a hike to the Cho mountain near Likavka made a great discovery of silver and two golden coins from the turn of 15th and 16th century, My Liptov wrote.The husband saw the coins in terrain that was dug out by boars.
In 1979, Belaney received the Bank Marketing Association's Golden Coin Award for Excellence in marketing, the top bank marketing award in the country for banks with less than $500 million in assets.
While Miners Center's standard approach of Bitcoin sellers remains a bonus of 10% more than the market's official rate, the company has progressively added several additional premiums and gifts for volume business: physical Bitcoin wallet, 24-karat golden coin engraved with the Bitcoin logo and the latest and presumably last of their marketing tools for this year: instant bank transfer for large transactions.
Holt's original term for Eucratides I, whose golden coin was the subject of his MA thesis back in the 1970s.
Mourners also heard a poignant verse penned by Jonny's daughter Louise Thomas, including the words: "All I ever dreamt of was that golden coin to find, Not to make it rich though, that was never on my mind.
Description: The design, featuring a bat with a golden coin in its mouth, represents wealth and luck in Chinese.
But among the old pennies, his father had unknowingly left a shiny, golden coin worth pounds 350.
Anthony dollar, introduced in 1979, nor the golden coin bearing a portrait of Sacagawea and her infant son have caught on with the public.
At one demonstration, he lifted an empty golden coin case, shook it and out came 100 yen coins, to the amazement of onlookers.
Sounds good, until you look at the other side of that golden coin. No established values, no traditions on which to fall back when the going gets tough, no easily understood principles, no passionate beliefs, no crusading instinct, no roots.
The champion notched easy victories on the Sir Robert Ogden-owned pair Ghadames and Let's Fly in the 21/2-mile handicap chase and two-mile intermediate hurdle respectively, but had to work rather harder on Golden Coin in the concluding bumper.
Quietly, I promised him, "Tomorrow, son, we'll go and choose some books about black people, and other people, too" And so, my little reader is now discovering Walter Dean Myers (Darnell Rock Reporting), Andrew Salkey (Hurricane), Ann Cameron (The Stories Huey Tells), Alma Flor Ada (The Golden Coin), and Christopher Paul Curtis (Bud, Not Buddy).