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bullion issue?

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newbie
Mon Feb 26, 2007 7:27 pm bullion issue? Reply with quote

What is a bullion issue?
J.Cordeiro
Thu Aug 30, 2007 4:21 am Reply with quote

Precious metals in bulk form are known as bullion. The defining attribute of bullion is that it is valued by its mass and purity rather than by a face value as money.
For instance, Canada mints a gold bullion coin (the Gold Maple Leaf) at a face value of $50 containing 1 troy ounce (31.1035 g) of gold ? as of August 2007, this coin is worth about $667 as bullion. Shocked

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