Bullion coin is a term used to describe a coin minted from gold,
platinum or other precious metal.

These coins are on the odd occasion used as currency, but generally they are purchased by coin collectors, precious metal or investors,

Although they are a wonderful a as gift items or souvenirs.

Bullion coins are normally sold based on the market price of their precious metal content at the time of issuance, plus a relatively small premium to cover
minting costs.

The stated legal tender denomination of a bullion coin, if any, is usually much less than what it will actually cost to purchase the coin.

Example: American Gold Eagle

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