Investment coins - gold bars and silver ingots

Investment coins also called as bullion coins are precious metal coins represented in large variety. They serve as items of precious metal market or as objects of investment. What makes them special is that motifs change annually and thus each minted sample is limited. It increases coins value for collectors as well as the market price goes far more beyond the value of the precious metal itself.
The coins are made of different metals. The most spread out are gold and silver coins. There are also platinum coins with palladium characters.All precious metal coins have one thing in common. They are produced of high purity metals and with a slight premium over the pure metal value sold. The reason for the surcharge is that just the minting of coins is already more expensive than the casting of ingots. They combine the advantages of ingots and coins, and are therefore Bullion Coins or called Bullions in short. Gold and silver coins coveted liquidity reserve especially in times of crisis.
Most investment coins bear face value specifying currency on the date of issue is always significantly lower than the market price of pure precious metal value. The main purpose of this specification is the nominal value, the coin as "officially issued" to mark, as only mints with state authorization are entitled to information on currency coins to characterize.
Besides, there is weight, material and fineness marked on the coins, for example, 1 oz 999 Silver "on a silver coin / silver ingots with the weight of an ounce (31.1035 grams).

Even if the face side of a coin indicates official legal price of it they are never used for general payments at the specified nominal value.
The coins prices courses switch daily, based on market prices of precious metals and in accordance with that are bought and sold at different banks. Investment coins are often free from VAT or are traded at a reduced rate of VAT. Common denominations are 1, 1 / 2, 1 / 4 and 1 / 10 ounces There are now also coins with weight of one kilogram, or 100 ounces (3.110 kg) such as the Bullion Coin the Cook Islands. The substantial tax advantage of silver coins (7%) compared to silver ingots (19%) makes 1kg of silver coins more attractive for investors as an alternative to the conventional ingot. Gold bars are just like gold coins free from VAT.

Significant mints

The following list shows the most important mints with the country and its most famous coins (gold bars, silver bars).

• Perth Mint - Australia - Lunar, Kookaburra, the Australian Koala
• Royal Canadian Mint - Canada - Maple Leaf
• West Point Mint - USA - American Eagle
Mint
• Austria - Austria - Philharmonic li> Mint
• Pretoria - South Africa - Kruger Rand
Mint
• China - China - Panda