Bullion Coins

Bullion can be a misunderstood item. Most people think of Gold bars or Silver bars when talking about bullion. This is only one form of bullion.

When dealers talk about bullion, they generally are including bullion coins. These include Gold Eagles, Gold Buffalos, Krugerrands, Canadian Maple Leafs, Austrian Philharmonics, Mexican 50 Peso down to Mexican 2 Peso, Isle of Man Gold, Britannias and Chinese Pandas. Generally, bullion includes any coin which is readily deliverable and trades based on the daily price of gold.

Only a few items need reporting upon sale, so don’t allow dealers to talk you out of buying bullion coins because of reporting requirements.

The newer U.S. coins such as Buffaloes and Eagles are specifically defined as numismatic coins in the legislation that created them. For those who are concerned about confiscation, these coins should be safe from confiscation. In fact, they are even safer than the $20 Gold coins most dealers sell as non-confiscatable!

Below is a small sample of bullion coins that American Federal both buys and sells.

Austrian Philharmonics

The Austrian Philharmonic comes in 1 oz,1/2 oz, 1/4 oz and 1/10 oz sizes. They started minting these coins in 1989. In 2002 the coins were changed from Schillings to Euros although neither designation is worth significantly more than the other. They are a very popular coin and replace the old Austrian 100 Corona which was…
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Canadian Maple Leaf

The Canadian Gold Maple Leaf is the official bullion gold coin of Canada and is produced by the Royal Canadian Mint. The brainchild of Walter Ott, it is one of the purest gold coins of regular issue in the world, with a gold content of .9999  fineness (24 carats), with some special issues .99999 fine…
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Chinese Pandas

The Chinese Gold Panda is a series of gold bullion coins issued by the People’s Republic of China and were introduced in 1982. The panda design changes every year (with a single exception) and the gold Panda coins come in different sizes and denominations, ranging from 1/20 troy oz to 1 troy oz and larger.
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 European Gold

European Gold

There are various European gold coins on the market. They include but are not limited to: British Sovereigns Netherlands 10  Guilders 20 Franc Swiss and French Russian 5 Rubles Austrian Ducats Austrian Coronas Italian 2 Lira Swedish Kroners Hungarian Koronas German Marks Belgian 20Francs Most of these coins are simply bullion coins. While they are…
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 Krugerrand Gold Coin

Krugerrand

This 1 oz gold coin from South Africa was the first full ounce bullion coin. They’ve been made since 1967 and sold in the U.S. since gold became legal. Of all the major gold coins, it is the least expensive. Usually it trades $15 – $17 less than other 1 oz coins. Of course, when you…

Mexican Onzas

For many years the most popular way to own Mexican Gold was through the various Peso coins ranging from 50 Peso to 2 Peso coins. Now the Mexican Mint offers Mexican Onza gold and silver coins. They are not very popular and even though reasonably priced when available, they are hard to find. Many of…
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 Platinum Eagles

Platinum Eagles

Platinum Eagles are one of the most popular ways of buying platinum bullion. The Platinum Eagle comes in a full one ounce as well as fractional sizes of 1/10, 1/4 and 1/2 oz and is also made in Proof by the Mint. Production started in 1997 and most issues are worth a small percentage over platinum…
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 Platinum-Noble

Platinum Noble

Platinum Nobles are another popular one ounce coin. They were sold by dealers in the 1980′s as a rare coin but in reality are just a bullion coin. They are usually priced fairly close to spot price and have one of the lowest premiums. Nobles are very liquid and accepted universally. They are not always…
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 Silver Eagle Coins

Silver Eagles

Silver Eagles are a great way to buy silver. They are available in “Monster Boxes” of 500 coins, Rolls of 20 coins or even individually. They are extremely liquid. The ease of buying and selling make this Silver Dollar a winner. Some dates are actually rare and since these are Silver Dollars there are a…
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