Types Of Physical Gold Commerce Essay

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Gold is a store of value for the individuals and countries. 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 for us than invest in paper or exchange traded funds. We also can trade our gold in the gold mines. People buying gold is for their future because gold will not decrease its value. 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 for doing so include the ease of hiding the gold from others, such as tax authorities. Gold has the potential for appreciation (or depreciation), but lacks the two other components of 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.

Bullion coin:

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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, and actually they do not circulate in any of the world's national economies, nor are they used 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. Though the legal tender status by the governments that mint them, bullion coins trade in the marketplace at a modest premium above the prevailing value of their precious metals content. The reason of the precious metals bullion coins as viable and widely held investment products, the Wall Street Journal and other leading financial publications the world over each business day publish the market prices not only of gold, silver, platinum and palladium bullion, but the prices the world's most widely traded bullion coins, as well. Thus, there are significant advantages for the investor wanted to own physical precious metals to do so by buying bullion coins. Another advantages to own bullion coins are they are highly portable and are 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 Afrcan 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.

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Following is the chart of the price of all the One-Ounce Bullion.

Our minimum order is ten ounces. Prices are per coin, with quantity discounts shown.

You can mix any type and size of bullion products. We pay the shipping.

These prices are based upon the spot gold price of:  $1,200.50

Quantity prices >  

10

50

100

500

American Buffalo .9999 One Ounce

$1,265.30

$1,259.00

$1,257.70

$1,255.20

American Eagle One Ounce

$1,264.10

$1,257.80

$1,256.50

$1,254.00

Australian Kangaroo One Ounce

$1,269.50

$1,265.70

$1,263.20

$0.00

Austrian Philharmonic One Ounce

$1,269.50

$1,265.70

$1,263.20

$1,261.90

Canadian Maple One Ounce

$1,260.50

$1,253.00

$1,251.70

$1,247.90

Chinese Panda One Ounce

$1,272.50

$1,268.70

$1,267.40

$0.00

Pamp Suisse or Perth Mint Gold Bar Ounce

$1,238.30

$1,235.80

$1,234.60

$1,230.90

So. African Krugerrand One Ounce

$1,247.90

$1,245.40

$1,244.20

$0.00

U.S. Gold Double Eagles (.9675 Ounce)

$1,500.60

$1,488.60

$1,482.60

$0.00

 

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Bullion/Coins

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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.

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. More than two hundred years later, 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. The gold American Eagle is the first modern bullion coin in 1986 to be authorized by the United States congress and is backed by the US Mint for its weight, content and purity. Each gold American Eagle coin features striking imagery, symbolizing the American spirit and character.

The one-ounce gold American Eagle has 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 the coins. Each coin is guaranteed to contain an exact quantity of gold to meet the rigid quality standards of the United States Mint.

Thus, the American Eagle gold coins can provide investors with the means to diversify, balance and stabilize a well-rounded investment portfolio and with 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

american.jpg American Eagle Gold

Canadian Maple Gold

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

Actually, Canadian Maple Leaf gold coins are respected and famous in the world because of the perfect standards of quality mandated by the Royal Canadian Mint. 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. It is perfect quality, pleasing design, and fine gold purity at ninety-nine point nine-nine percent pure gold, has made the Canadian Maple leaf 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.

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The 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. The coin carries a face value of 50 Canadian Dollars and each of Canadian Maple Leaf coin features the image of Great Britain's Queen Elizabeth. Thus, with their classical beauty, unsurpassed purity, legal tender status and backing by the Canadian government, the gold Canadian Maple Leaf coins provide investors and collectors with coins that can be both a secure and internationally-recognized addition on 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

South African Krugerrands Gold

South African Krugerrand, was the first gold coin to contain exactly one troy ounce of gold and 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 and valued on the content of its gold, rather than the face value of the coin.

The Krugerrand 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 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 to make them more resistant to scratching, and gives the coins a unique orange-gold hue. 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 regarded as one of the worlds older and most famous gold bullion coins with carrying all the qualities in a gold investment which are liquidity, portability and beauty. Following is the specifications of south African Gold Krugerrands and the picture of the gold.

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

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" from the obvious obverse motif. The coin's reverse shows the Swiss shield, featuring the Swiss Cross, and a wreath of oak along with the denomination.

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, weigh 6.45 grams and 90% of purity contain with 0.1866 ounces or 5.805 grams of pure gold. The 10 franc coin weighs 3,23g and at 90% purity contains 2.9 grams of pure gold. Following is the picture of the Swiss Vreneli Gold.

swiss.bmp Swiss Vreneli Gold

Chinese Panda coins

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

The obverse image of the Chinese Panda Coin displays the beautiful Temple of Heaven building in Beijing and 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 are 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 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 diameter of the coin is 32.05 mm and thickness is around 2.7 mm. The half-ounce gold Panda coin contains 99.9% fine gold and weighs 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. The coin weighs a quarter ounce 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. dime in diameter that measures 17.95 mm and is 1.05 mm thick. The twentieth-ounce gold Panda weighs 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

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 and is still in production in 2007. It gets its name of the Sovereign from that first mintage which depicts the monarch seated majestically on the throne facing outward.

Each of the gold British Sovereign 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 and had a body mass of 240 grains that 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 that contains 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 unaltered for nearly 200 years. Following is the picture of the British Sovereign Gold.

british.bmp British Sovereign Gold

Austrian Philharmonic

Austrian Philharmonic Coin is the merchandise of the Austrian Mint that had a 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 and 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. Actually, Philharmonic gold coins are taken directly from the historic Vienna Mint and placed into 20 coin mint storage tubes. Although they might occasionally get a small contact nick, their quality remains virtually perfect, like the day they were made. 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, 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 carries a guarantee of weight and gold purity as guarantee by the Austrian government. 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

 

Aus.bmp Austrian Philharmonic