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The coin had a face value of 100 Estonian kroons, a platinum purity of 999/1000, a weight of 7.775 grams, [14] and a diameter of 18.0 mm. [15] The coin was designed by Tiit Jϋrna and produced by the Mint of Finland with a quantity of 3,000 pieces.
Artist's concept of a trillion-dollar coin, featuring a similar obverse design to the reverse of the presidential dollar series.. The trillion-dollar coin is a concept that emerged during the United States debt-ceiling crisis of 2011 as a proposed way to bypass any necessity for the United States Congress to raise the country's borrowing limit, through the minting of very high-value platinum ...
As is often the case with bullion coins, the face values of these coins ($10, $25, $50, and $100) are their legal values reflecting their issue and monetized value as coins. They are legal tender for all debts public and private at their face values. The 1 troy oz coin's face value of $100 is the highest to ever appear on a U.S. coin. [6]
A 1-oz. Canada Maple Leaf platinum coin sells for the same price. Both carry a premium markup of about $94. ... The real value, it says, is in how the price reinforces Costco’s value position ...
Coins made of 1 ⁄ 20 oz platinum with a face value of $1 were subsequently released in 1993, with the intention of attracting the small investment and jewelry sectors. [ 10 ] On December 15, 1988, almost a month after the Platinum Maple Leaf was first sold, Ford Motor Company announced that it was testing out a new material for its catalytic ...
Bullion coins or investment coins are coins made of precious metals, such as gold, palladium, platinum, rhodium, and silver. They are kept as a store of value or an investment with no (or little) value beyond that of their precious metal content. [1]
While platinum coins have been minted since the early 1800s, the Noble is the first platinum coin created for investors. The coins are not minted every year, but have an erratic schedule. Nobles are legal tender but they do not have a fixed face value; instead, like the Krugerrand or Mexico's Libertad , they are legal tender to the value of ...
Precious metals in the form of coins whose market value is determined by metallic content rather than scarcity. bullion value The current market value of the raw precious metal content of a coin. For example, the bullion value for Canadian silver coins minted between 1920 and 1966 is 12 times the face value when silver is $20.00 per troy ounce.