Knowing the Difference Between #Bullion and #Numismatic #Coins. Knowing the difference between bullion and numismatic coins. Investing in precious metals is one way of protecting one’s savings and finances from inflation, making it a popular practice among conservative investors.
To accomplish this, it’s either one invests in exchange traded funds, mining stocks, bullion or ingots, or bullion and numismatic coins—which, by the way, often get some people confused. In case you the last option suits your liking, it is important to know the difference between these two types of coins to avoid being fooled by dealers into spending more money. Among the types of bullion (cast, minted, extruded), bullion coins are the most common and are generally more expensive. A bullion coin can be made from gold, silver, platinum, or palladium and its value depends on its troy weight and prices in of precious metals.
In the early 20th century, bullion coins were used for day-to-day monetary exchange. Investors Push #Gold Eagle Sales To Record High & Commentary On #PreciousMetals Sentiment. Investors Push Gold Eagle Sales To Record High & Commentary On Precious Metals Sentiment-Shanghai Metals Market. Election Uncertainty Now Influencing #Gold & #Silver Prices. Election Uncertainty Now Influencing Gold & Silver Prices - Money Metals Exchange - Commentaries - Advisor Perspectives. Most of us consider this year’s presidential election as the wildest and most unpredictable we’ve ever seen, but you wouldn’t know it by looking at the markets.
Gold and silver spent most of the past three weeks going nowhere fast. Between Oct. 6th and Oct. 27th silver traded within ten cents of $17.60/oz – an extraordinarily tight range. Precious metals generally thrive on uncertainty, but the markets have been unfazed and instead have appeared to be paralyzed. It seems Wall Street may not have shared the trepidation many Americans at large have been feeling. That may be about to change.