| What is the Difference Between Bullion and | | | | prepare it for sale it’s then sealed into a |
| Numismatic Coins? | | | | container. Its market values are determined by its |
| If you love money, what better hobby to have | | | | rarity,condition, mint date and marks, not taking |
| than collecting money? Many money enthusiasts | | | | into consideration their precious metal content. |
| express their love for this treasure by collecting it | | | | These coins are made in limited quantity or for |
| in the form of coins. They do so not just for the | | | | commemorative reasons. They include everything |
| value but for the beauty of the coins and the | | | | from the ancient coins used as currency from the |
| history that it may represent. Others do collect | | | | beginning of civilization, to the official coins minted |
| for the sole purpose of investment. The most | | | | by the Roman Empire, through today’s |
| common forms of coin collection are gold and | | | | modern issue silver and gold coins produced by |
| silver (though some may collect platinum) bullion | | | | the world’s government mints. |
| and numismatic. | | | | Generally speaking, due to the perceived value of |
| A bullion coin is a coin struck from precious metal | | | | the event it’s honoring, numismatic coins will |
| and kept as a store of value or an investment, | | | | be sold at a value for more than what the metal |
| rather than used in day-to-day commerce. Bullion | | | | is currently worth and may take months or years |
| coins sell for a premium over the market price of | | | | to appreciate in value. Bullion coins are based on |
| the metal on the commodities exchanges. This is | | | | demand of and value of the given. |
| due to their comparative small size and the costs | | | | Also, determining the value of bullion is much |
| associated with manufacture, storage and | | | | quicker and easier than determining the value of |
| distribution. The margin that is paid varies | | | | numismatic coins, as there is far less ambiguity in |
| depending on what type of coin it is, the weight | | | | bullion. However, there are also several examples |
| of the coin, and the precious metal. The premium | | | | of numismatic coins selling for several times their |
| also is affected by prevailing demand. Bullion coins | | | | metals worth as well. The fact is that the |
| are purchased chiefly for investing. And we know | | | | numismatic industry is booming with over $10 |
| that the rise and fall of gold and silver | | | | billion business in North America alone and over |
| commodities are what determines the value for | | | | $120 billion globally. With its explosive growth over |
| these coins. | | | | recent years, collecting numismatic coins can be a |
| “Numismatics” is simply the studying and | | | | very profitable business to be involved with. A lot |
| collecting of money. In a nutshell a numismatic | | | | of people are realizing that the dollar is quickly |
| coin is regular bullion coin issued by the US (or any | | | | losing its value and many folks are securing their |
| other) government that has been certified for | | | | riches on gold and silver. |
| authenticity by an independent third party. To | | | | |