| Coins are generally hard round pieces of | | | | valuable metals like gold silver and platinum |
| metal that are used as currency and have ben | | | | were used which then became collectors item |
| used this way for centuries together. Coins | | | | or Bullion coins ,for currency the use of |
| are issued by the banks or Government . Coins | | | | copper came into practice this too at some |
| are used for day to day circulation in daily | | | | point when the metal value of copper |
| life. Lower denomination are in form of coins | | | | increased had to be ceased after copper |
| where as higher denominations are issued in | | | | Nickel was very popular for small coins of |
| form of bank notes . | | | | cent and quarter .Nowadays steel is used |
| | | | practically for all the coins ,though plating |
| The gross value of the metal used in coins is | | | | and coloring of different kinds are given to |
| much lower than the face value of the coin. | | | | create differentiation among the coins. |
| | | | |
| Exception to the currency coins are the | | | | There are many types of coins |
| Bullion coins ,coins made out of precious | | | | |
| metal like gold silver and platinum. These | | | | Currency coins are the ones used for day to |
| coins are not used for currency, gold coins | | | | day circulation ,the face value of these |
| and silver coins as currency was ceased in | | | | coins is the market value of the coin ,the |
| 1933 when the gross value of the coin became | | | | gross value of the coin is lower than the |
| higher than the face value. | | | | face value. |
| | | | |
| Gold and Silver coins are not produced only | | | | Bullion Coins -Gold and Silver coins ,the |
| as souvenirs or as collectors item or for | | | | coin value of these coins depends 100%on the |
| investors. | | | | market value of the metal ,a gold coin is |
| | | | priced as per the prevailing rate of the gold |
| Gold and Silver coins being very valuable are | | | | metal .Bullion coins are valued as per the |
| mainly produced for coin collectors ,or for | | | | cost of metal their standard weight as well |
| investors who purchase these coins to safe | | | | as their purity. These coins are no more used |
| guard their savings. These valuable coins are | | | | In circulation, they are used as investors |
| a good way of liquidating your investments | | | | item . |
| ,in the United States financial planners are | | | | |
| known to advice their clients to put at least | | | | Rare antique coins |
| 40 % of their savings in purchasing these | | | | |
| Gold and Silver Bullion coins. | | | | These coins are collectors item , the value |
| | | | of these coins is determined by the rarity |
| Every country mints Gold coins for their | | | | the age the condition the date of issue the |
| investors as well as coin collectors.United | | | | mint mark of the coin . If the above |
| Stats mints the American Gold Eagle.Canada is | | | | criteria's are not met with the coin ,the |
| known to mint the very popular Canadian Gold | | | | coin is graded with a low grade and the |
| Maple Leaf. | | | | market value of the coin is relatively low. |
| | | | |
| South Africa is known to mint the not so | | | | Certain coins have historical significance to |
| popular in demand the Krugerrand. | | | | their presence and such coins whatever be the |
| | | | condition are well priced n the collectors |
| The face value of the U.S Eagle is 10$ | | | | market. |
| ,though In this case the face value makes no | | | | |
| difference as the gross value of the coin is | | | | Coins have been a part of our lives from the |
| much more ,the coin in this case is valued as | | | | 6th century BC ,the first coin was minted by |
| per the prevailing market price of Gold | | | | the Mahajanapadas of Indo- Gangetic Plan |
| metal. The Canadian Maple Gold leaf also has | | | | since then coins are an essential part of |
| a nominal face value. | | | | lives either in form of currency or In form |
| | | | of Bullion coins as investment. |
| A great number of metals are used for the | | | | |
| production of coins ,metals and alloys of all | | | | Coins - go figure - and enjoy! |
| kinds are used for minting coins , earlier | | | | |