What is bullion? Bullion is a mass of any one of the known precious metals. By strict definition, precious metals are metallic elements that are rare or uncommon. Bullion is usually made of either gold or silver. Its value is determined by the worth of the metal rather than by its face value as money. [...]
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Bullion: A Valuable Mass of Precious Metals
Posted on 25 December 2011.
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The Krugerrand: South Africa’s Precious Metal Coin
Posted on 25 October 2011.
Back in 1967, the South African Mint Company introduced a gold bullion coin called the Krugerrand, with the intention of circulating it as currency. Its status as a legal tender was viewed as the best way to market South African gold around the world. Thirteen years after its introduction, this precious metal coin accounted for [...]
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