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Currently, auctions are asking between $2 and $3 per pound for quantities of 10 to 25 pounds of coins. One auction featured 100,000 pennies -- weighing about 680 pounds -- that sold for $1,500 ...
Under United Kingdom law, a bullion coin may be marketed as a coin if it is minted after 1800, is at least 900 thousandths fine, and are (or have been) legal tender in their country of origin. [2] Under United States law, coins that do not meet the legal tender requirement cannot be marketed as "coins". Instead, they must be advertised as ...
Police also recovered ten bullion bars bearing the refiner's mark and serial numbers of bars stolen in the Brink's-Mat robbery. [54] According to the police spokesman, the bars were gold-coated tungsten counterfeits, and therefore could not be Johnson Matthey's stolen gold bars. He said that the arrested men planned to fraudulently claim they ...
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]
The company has been offering precious metal coins and bars online via its website since 1996, making it the first website of its kind in the industry and one of the first dynamic websites in the UK. [9] In 2000 Baird & Co. gained entry to the London Bullion Market Association (LBMA) and remains a full member. [10]
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