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The specifications of bullion are often regulated by market bodies or legislation. In the European Union, the minimum purity for gold to be referred to as "bullion", which is treated as investment gold with regard to taxation, is 99.5% for gold bullion bars and 90% for bullion coins. [2]
1,000 ozt (31.1 kg) silver bar. A traditional way of investing in silver is by buying actual bullion bars. In some countries, like Switzerland and Liechtenstein, bullion bars can be bought or sold over the counter at major banks.
For example, in Europe, Good Delivery bars are approximately 400 troy ounces (12 kg). [30] 1 kilogram (32.2 ozt) bars are also popular, although many other weights exist, such as the 10 ozt (310 g), 1 ozt (31 g), 10 g, 100 g, 1 kg, 1 Tael (50 g in China), and 1 Tola (11.3 g). Bars generally carry lower price premiums than gold bullion coins.
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The combination of "copper" and "penny" might not seem like the best formula for valuable coins considering that you can find higher denominations in gold and silver. But finding the right copper ...
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