Types Of Physical Gold Biology Essay

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Gold is a store of value for the individuals act as investor and countries. Buying gold is the best investment the bad economics situation because the value of gold will not be influence. Nobody want take a loss in the bad economics situation, buying gold is a best investment during the time. Gold is a physical asset and are traded internationally. It is more convenient and safety for us than we invest in paper or exchange traded funds. We actually can trade our gold in the gold mines. Gold will not decrease the value so people buying gold is for their future. Some people buy gold which they retain in their physical possession in the belief that should the monetary and financial system collapse, gold would still be considered valuable. Other reasons push people to buying gold because it include the ease of hiding the gold from others, such as tax authorities. Gold has the potential for appreciation (or depreciation), but gold are lacks the other two components of the total return which are interest and compound interest. In the world, there have many types of physical gold. Lets us look to one by one.

4.1: Bullion coin:

Bullion coins are highly precious metal products that are round in shape as opposed the rectangular shape of a bullion bar, and produced to exacting specifications by numerous federal governments throughout the world specifically for investment purposes. These coins are produced in large quantities and come in a variety of sizes typically one, one-half, one-quarter, and one-tenth troy ounces. Their content based on the weight and purity of precious metal they included and also are guaranteed by the governments that produce them. They also are legal tender status in their country of origin, but are actually valued in the market for their precious metals content. Bullion coins are referred to un-circulated coins, because when they are bought and sold in the precious metals market place on a daily basis, they do so at values reflecting their precious metals commodity content. Actually they do not circulate in any of the world's national economies, which are because they are not using as money, or as a medium of exchange, anywhere in the traditional commercial sense. Today, bullion coins are widely traded as a form of precious metal commodities throughout a world-wide system of dealers and retailers, and their market values are based on a daily basis. Bullion coins trade in the marketplace at a modest premium above the prevailing value of their precious metals content though the legal tender status by the government which mint the gold. The Wall Street Journal and other leading financial publications of the world over each business day publish the market prices not only of gold, also other kind such as silver, platinum and palladium bullion, so the precious metals coins can be viable and widely as a investment products. Thus, there are significant advantages for the investor wanted to own physical precious metals to do so by buying bullion coins. Another advantages of buying the bullion coins are the gold actually are highly portable and perfectly suitable for delivery, personal transport or storage in a bank safe deposit box or for own personal vault.

Actually, South Africa is the first country introduced investment bullion coin which is the gold Krugerrand in 1970. After that, many countries began to produce their own series of gold, silver, and even platinum bullion coins, including the United States with American Eagle, Canada with Maple Leaf, Australia with Kangaroo, Austria with Philharmonic and China with Panda and so on. Thus, bullion coins are available in gold and silver, but the South African Krugerrand and the Swiss Vreneli only available in gold only. Beside that, the American Eagle available in gold, silver and also platinum. Canadian Maple Leaf was available in gold, silver, platinum and also palladium. Beside that, still have many other type of bullion gold such as the Chinese Panda, Austrian Philharmonic and Australian Gold Nugget. South African Krugerrand, the Canadian Gold Maple Leaf and Australian Gold Nugget are bullion coins with exactly one troy ounce of gold. American Gold Eagle, Chinese Panda and the Austrian philharmonic was the one ounce coins. Other bullion coins such as British Gold Sovereign and the Swiss Vreneli are less than one ounce. Here have some picture show what are the look of the bullion gold, silver, platinum and palladium and the list of gold bullion coins.

Following is the list of gold bullion coins:

Country

Name of bullion coin

Fineness

Denominations

(Gold weight)

Years of mintage

Australia

Gold Nugget

.9999

1/20 ozt, 1/10 ozt, 1/4 ozt, 1/2 ozt, 1 ozt,

2 ozt, 10 ozt, 1 kg

1986-present

1991-present

Australia

Lunar Series I

.9999

1 ozt

1996-2007

Australia

Lunar Series II

.9999

1 ozt

2008-2019

Austria

Philharmoniker

.9999

1/10 ozt, 1/4 ozt, 1/2 ozt, 1 ozt

1989-present

Canada

Maple Leaf

.9999 (.99999 available)

1/20 ozt, 1/10 ozt, 1/4 ozt, 1/2 ozt, 1 ozt

1979-present

China

Gold Panda

.999

1/20 ozt, 1/10 ozt, 1/4 ozt, 1/2 ozt, 1 ozt

1982-present

France

20 Francs Napoleon

0.1867 ozt.

1806-1914

Israel

Tower of David

.9999

1 ozt

2010

Malaysia

Kijang Emas

.9999

1/4 ozt, 1/2 ozt, 1 ozt

1997-present

Mexico

Libertad

.999

1/20 ozt, 1/10 ozt, 1/4 ozt, 1/2 ozt, 1 ozt

1991-present

Mexico

Onza

.900

1 ozt

Discontinued

Mexico

Centenario (50 Pesos)

.900

1.20565 ozt

1921 - 1931

Periodically 1943 - 1972

Poland

Orzeł bielik

.9999

1/10 ozt, 1/4 ozt, 1/2 ozt, 1 ozt

1995-present

But 2001, 2003 and 2005

Russia

George the Victorious

.999

0.2537 ozt

2006-present

South Africa

Krugerrand

.9167

1/10 ozt, 1/4 ozt, 1/2 ozt, 1 ozt

1967-present

Switzerland

Vreneli

.900

1897 - 1936

1947 and 1949

United Kingdom

Sovereign

.9167

7.3224 g

1887 - 1932

1949 - 1952 (dated 1925)

1957 - 1959

1962 - 1968

1974, 1976, 1978 - 1982

2000-present

United Kingdom

Britannia

.9167

1/10 ozt, 1/4 ozt, 1/2 ozt, 1 ozt

1987-present

United States

Gold Eagle

.9167

1/10 ozt, 1/4 ozt, 1/2 ozt, 1 ozt

1986-present

United States

American Buffalo

.9999

1 ozt

2006-present

United States

Double Eagle

.900

0.9675 ozt

1849-1933

--.bmp

Bullion/Coins

untitled.bmp

Silver Bullion

platinum.bmp

Platinum Bullion

palladium.bmp

Palladium Bullion

Bullion coins can divide too many type from different country, now we want evaluate one by one to more understand what it is.

4.1.1: American Eagle Gold

The gold American eagle provides the stability, liquidity and diversity to an investment portfolio as well as the backing and security of the American government. The first gold coins are produced in American, were originally minted by United States mint starting in 1975. The United States gold coins perhaps some of the greatest symbols of American liberty and freedom and will produced with levels of quality and beauty that one expected of the United States Mints more than two hundred years later. The first modern bullion coin of gold American Eagle is produced in 1986 and to be authorized by the United States congress and is guarantee by the US Mint for its weight, content and purity. Each gold American Eagle coin is symbolizing the American spirit and character though the features of striking imagery. In 1986, Liberty, the obverse of the each American Eagle gold coins was design by Augustus Saint-Gaudens. They always featured a rendition of sculptor Adolph A. Weinman's magnificent Walking Liberty design.

For the size of the each one-ounce gold American Eagle, a diameter of 32.7mm, a thickness of 2.87mm, a total weight of 1.0909 troy ounces or 33.931 grams, contains one troy ounce of pure gold, and has a face value of $50. All American Eagle gold bullion coins are 22 karat or 0.9167 fine gold, containing an alloy of silver and copper to help increase the stability of each of the coins. The United States Government minting and guarantee the each coin is contain to an exact quantity of gold to meet the rigid quality standards.

Thus, the American Eagle gold coins can provide investors with the meanings to diversify, balance and stabilize of a well investment portfolio. It also provided of the safety of the United States government and the U.S. Dollar. Following is the example picture o the American Eagle Gold and the data of the American Gold Eagle Bullion Coins.

Specifications American Gold Eagles

Face

Value

Gold

Content

Weight

Oz

Weight

Grams

Diameter

mm

Thickness

mm

Gold

Fineness

1 oz.

US$ 50

1.0000

1.0909.

33.93

32.7

2.87

916.7

1/2 oz.

US$ 25

0.5000

0.5454

16.96

27

2.15

916.7

1/4 oz.

US$ 10

0.2500

0.2727

8.483

22

1.78

916.7

1/ 10 oz.

US$ 5

0.1000

0.1091

3.393

16.5

1.26

916.7

220px-2006_AEGold_Proof_Obv.png This is a obverse image of American Eagle Gold

Design: Liberty Designer: Augustus Saint-Gaudens

220px-2006_AEGold_Proof_Rev.pngThis is a reverse image of the American Eagle Gold

Design with Eagle soaring above his nest and designer is Miley Bursiek in 1986

4.1.2: Canadian Maple Gold

The Royal Canadian Mint produced the Canadian Gold Maple Leaf coin and the Government of Canada is guaranteed every Maple Leaf coin's weight and purity. As a result, Maple Leafs is extremely liquid, easily bought and sold anywhere in the world and can be traded in where precious metals are traded. Canadian Gold Maple Leaf coins are an investment to own investor and to admire and touch. You are holding 5,000 years of security and value, if you hold a Gold Maple Leaf coin in your hand.

The Royal Canadian Mint mandate the perfect standards of quality of each Canadian Maple Leaf gold coins leading the Canadian Maple Leaf gold coins become respected and famous in the world. The Royal Canadian Mint's insistence upon flawless, the pure gold blanks from which gold coins are struck and has led to an enviable reputation among demanding investors and collectors. Each bullion coins is perfect quality, pleasing design, and fine gold purity with ninety-nine point nine-nine percent pure gold, so it has made the Canadian Maple leaf become one of the preferred gold coins of investors around the world. In fact, the one troy ounce gold Canadian Maple Leaf has been in continuous production longer than any other pure gold bullion coin.

For the size of the each one troy ounce coin of Canadian Maple Leaf is measures 30mm in diameter with a thickness of 2.87mm, makes the coin approximately the same size as an extra thick United States half-dollar. Each coins carries with 50 Canadian Dollars of their face value. For the image of each of the Canadian Maple Leaf coin, it features the image of Great Britain's Queen Elizabeth. Thus, the Canadian government guarantees each coin with the legal tender status and their classical beauty, unsurpassed purity. The gold Canadian Maple Leaf coins provide investors and collectors with coins that can be both a safety and recognized of internationally. In addition, it also is a well-diversified investment portfolio. Following is the data of the specifications of the Canadian Maple Leaf and the picture of its look.

Specifications Canada Gold Maples

Face

Value

Gold

Oz

Weight

Oz

Weight

grams

Diameter

mm

Thickness

mm

Gold

Fineness

1 oz. Maple Leaf

C$ 50

1.00

1 .0000

31.1030

30.0

2.80

999.9

1/2 oz

C$ 20

0.50

0.5000

15.5515

25.0

2.23

999.9

1/4 oz.

C$ 10

0.25

0.2500

7.7758

20.0

1.70

999.9

1/10 oz.

C$ 5

0.10

0.100

3.1103

16.0

1.22

999.9

canc.bmpCanadian Maple Leaf

100kgCanadianGoldOnPedestal.gif This is reverse image of 100kg Canadian Maple Leaf bullion gold.

4.1.3: South African Krugerrands Gold

South African Krugerrand, was the first gold coin to contain exactly one troy ounce of gold. It was intended from its inception to provide a way for the private investor to purchase precious metals. It is the original one troy ounce gold bullion coin made by a government. It was valued on the content of its gold, rather than the face value of the coin.

The Krugerrand gold derives its name from combining the names of Paul Kruger, a well-known Boer leader and local hero who went on to become the last president of the Republic of South Africa. The obverse side of the coin is detailed with a profiled bust of President Paul Kruger and features the name of the country with two native languages which are English and Afrikaans. The reverse side of the coin features the image of a springbok antelope, one of the national symbols of South Africa. The reverse side also features the year of issue and the fineness of the coin.

The South African Krugerrand is a 22-karat coin weighing with a total 1.0909 ounces or 33.930 grams. It is comprised of one troy ounce of pure gold and 2.826 grams of a copper alloy which is used to give the coins higher durability and also to make them more resistant to scratching. It also gives the coins a unique orange-gold hue. The size of the gold Krugerrand has a diameter of 32.6mm, a thickness of 2.74mm, and has a fineness of 0.9167, or 22 karats. Today, the Krugerrand carrying all the qualities in a good gold investment with the liquidity, portability and beauty, so it is regarded as one of the worlds older and most famous gold bullion coins.

Actually the South African government produces limited editions of the Krugerrands Gold prove that they made it became a collection of the investor. Usually these coins are above the price of its bullion value. Following is the specifications of South African Gold Krugerrands and the picture of the gold.

**Paul Kruger profile: Kruger, Paul (Stephanus Johannes Paulus), born in 10 october 1825 in Bulhoek farm, Cradock South Africa. He died in 14 july 1904 in Clarens, switzerland. He is Father of Afrikaner nation.

Specifications of South African Gold Krugerrands

Face

Value

Gold

Oz

Weight

Oz

Weight

grams

Diameter

mm

Thickness

mm

Gold

Fineness

1 oz. Krugerrand

None

1.00

1.0909

33.9303

32.60

2.75

91.6

1/2 oz.

None

0.50

0.5454

16.9636

27.00.

2.24

91.6

1/4 oz.

None

0.25

0.2727

8.4818

22.02

1.52

91.6

1 / 10 oz.

None

0.10

0.1091

3.3933

16.46.

1.19

91.6

south afrika.jpg South African krugerrands Gold

300px-Kruger01.jpg This is the obverse side of the south African Krugerrands Gold

4.1.4: Swiss Vreneli Gold

Vreneli is the informal name for a range of legal tender gold coins produced in Switzerland. Swiss Vreneli Coins are probably the most popular gold coins in Europe with 90% gold in them. The term Vreneli is used to describe a full range of Swiss bullion gold coins. The coin is commonly known as Helvetia. The Swiss Vreneli Coins were issued from 1897 to 1935. Later they were again issued in the years 1947 and 1949 with the face values of 10, 20 and 100 Swiss francs.

These coins sometimes called "Swiss Miss" because of the obvious obverse image motif. The coin's reverse shows the Swiss shield, featuring the Swiss Cross, and a wreath of oak along with the denomination. This is a very beauty coins.

The size of the 20 franc coins are 21 mm in diameter that is about the size of a U.S. five cent piece, 1.25 mm in thickness, weight of coins is 6.45 grams and 90% of purity contain with 0.1866 ounces or 5.805 grams of pure gold. The 10 franc coin weight is 3.23grams and at 90% purity contains 2.9 grams of pure gold. Following is the picture of the Swiss Vreneli Gold.

1949france20francshelvetiaobv400.jpgThis is the obverse side of Swiss Vreneli Gold

1949france20francshelvetiarev400.jpgThis is the reverse side of Swiss Vreneli Gold

4.1.5: Chinese Panda coins

Republic of China flourishing 99.9% of the fine gold bullion coin series in each of the Chinese Panda Coins. Chinese Panda Coins were introduced in 1982. It is sold at higher price over the actual stock price of gold than standard bullion coins.

The obverse image of the Chinese Panda Coin is the beautiful Temple of Heaven building in Beijing. The reverse image of comprises a panda whose appearance differs each year. The gold Panda Coin will carries a different design each year because it is updated annually. The Pandas image is naturals to be collected by date. Of all the Pandas, no size better displays the year's artwork than the popular one ounce gold coin of the flagship of the series.

The panda coins mint by the Republic of china is quite famous and attracting the attention of the investor. Why we can say like that? Every year the Republic of china will make a different design of the coins. It can attract the investor to collect the different design in every year. Maybe they buying are not because to invest it, but they buying because they want to collection every different design.

The panda coins can be issued by 5 different dimensions, which is one ounce gold Panda, half-ounce gold panda, the quarter-ounce gold panda, the tenth-ounce gold panda and the twentieth-ounce gold panda. The one ounce gold Panda coin is composed of 99.9% fine gold that has a body mass of exactly one troy ounce. The size of this one ounce gold panda with diameter is 32.05 mm and thickness is around 2.7 mm. The half-ounce gold Panda coin contains 99.9% fine gold and weights is 15.5515 grams. The dimension comprises a diameter of 27 mm and thickness of 1.85. The quarter-ounce gold Panda is exactly 21.95 mm in diameter and has a thickness of 1.53 mm. This kind of coin weights is 7.7758 grams and consists of 99.9% fine gold. The tenth-ounce gold Panda encompasses a body mass of 3.1103 grams of 99.9% pure gold. The coins are similar to the U.S. dimension that is in diameter 17.95 mm and 1.05 mm thick. The twentieth-ounce gold Panda weights 1.5552 grams and consists of 99.9% pure gold. The measurement includes a diameter of 13.92 mm and thickness of 0.83 mm. Following is the data of the specifications of the gold and the picture of the gold.

Specifications Chinese gold Pandas Bullion Coins

Face

Value

Gold

Oz

Weight

Oz

Weight

grams

Diameter

mm

Thickness

mm

Gold

Fineness

1 oz.

500 Yuan

1.00

1 .0000

31.103

32.05

2.70

999.9

1/2 oz.

200 Yuan

0.50

0.5000

15.5515

27.00

1.85

999.9

1/4 oz.

100 Yuan

0.25

0.2500

7.7758

21.95

1.53

999.9

1 / 10 oz.

50 Yuan

0.10

0.100

3.1103

17.95

1.05

999.9

1/20 oz.

25 Yuan

0.05

0.05

1.5552

13.92

0.83

999.9

 

panda.bmp Chinese panda coins

chinese.bmpThis is the obverse side of the Chinese Panda Gold coins

4.1.6: British Sovereign Gold

British Gold Sovereign is the oldest bullion gold in the list of bullion coins. It is issuing starting from 1489 during the reign of Henry VII of England. It is still in production in 2007. British Sovereign Gold gets its name of the Sovereign from that first mintage which is depicts the monarch seated majestically on the throne facing outward.

Each of the gold British Sovereign image is features the bust of the reigning Monarch which is King George the Fifth. The reverse of each coin is the George Slaying with the Dragon design. It is a beautiful and historic design.

The initial sovereigns were 23 carat that is about 96% of gold. It had a body mass of 240 grains that is equals to one-half of a troy ounce or 15.6 grams. In the regime of Henry VIII, the strength of gold in the coin was reduced to 22 carats which is 92% of gold. The Sovereign production was discontinued after 1604 but was again revived in 1817 with the initiation of the new era of Gold Sovereign coins.

Today, British Gold Sovereign is made of 91.7% fine gold. It is contains with 0.2354 parts of an ounce of pure gold. The coin has a body mass of 7.9873 grams and includes a dimension of 22.05 mm diameter and 1.52 mm thickness. The minting standard of the coin has been under guarantee for nearly 200 years. Following is the picture of the British Sovereign Gold.

british.bmp British Sovereign Gold

4.1.7: Austrian Philharmonic

Austrian Philharmonic Coin is the merchandise of the Austrian Mint that had an influence upon the culture, the economy of the Austrian. Austrian Philharmonic quite popular in the world from the Roman Empire period. The Austrian is a small place with the rich history of gold and produced some oldest gold pieces. The first Austrian Philharmonic gold coin was first introduced in 1989. It is only legal tender of gold produced in Europe. Austrian bullion was the global leader in bullion gold coin sales for 1992, 1995, 1996 making it one of the most recognized gold investments in the world. The Austrain Bullion gold also like the other bullion gold tracks the gold price and is internationally liquid.

Actually, Philharmonic gold coins are taken directly from the historic Vienna Mint. It is placed into 20 coin mint storage tubes. Although they might occasionally divide into a small piece, their quality remains virtually perfect. Thus, many invertors willing buy this gold.

Austrian Gold Philharmonic Coins also like the other bullion gold that is a 99.99% pure 24 karat gold bullion coin. The in front of the image of the gold Austrian Philharmonic coin has the words "Republic Osterreich" for Austrian, and the image of the great organ in Musikverein Golden Hall, that is home of the Vienna Philharmonic Orchestra. The reverse side of the Austrian coin is some of the instruments used by the orchestra to include the double bass such as Vienna horn, harp, bassoon and violins bannered by the words of Wiener Philharmonic.

Each Philharmonic gold coin is guarantee by the Austrain government with carries a guarantee of weight and gold purity. The coins have face values in Euro of 100, 50, 25, 10 and face values in Schilling of 2,000, 1,000, 500, and 200. The fineness of each coin is 99.99%. The weights of the coins measured in grams vary in the ranges of 31,103, 15,552, 7,776 and 3,110. The diameter and thickness of each coin is measured as 37, 28, 22, 16 in mm and 2, 1.6, 1.2 in mm respectively. Following is the data and picture of the Austrian Philharmonics.

Specifications Austrian Philharmonics

 

Face

value

Gold

content

Weight

oz

Weight

grams

Diameter

mm

Thickness

mm

Gold

Fineness

1 oz.

OS 2000

1.0000

1

31.1030

37.0.

2.0

999.9

1/2 oz.

OS 1000

0.5000

0.5

15.5515

28.0.

1.6

999.9

1/4 oz.

OS 500

0.2500

0.25

7.7758

22.0.

1.2

999.9

1/10 oz.

OS 200

0.1000

0.1

3.1103

16.0.

1.2

999.9

 

gold-bullion-philharmonic.jpgAustrian Philharmonic

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