Search results
Results From The WOW.Com Content Network
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.
Bullion coins are government-minted, legal tender coins made of precious metals, such as gold, palladium, platinum, rhodium, and silver. They are kept as a store of value or an investment rather than used in day-to-day commerce. [1]
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]
The company has launched the sale of 1-oz. platinum bars on its website, with a price tag of $1,089.99. A 1-oz. Canada Maple Leaf platinum coin sells for the same price. A 1-oz. Canada Maple Leaf ...
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 ...
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.
As well as circulating coins, where they are generally restricted to high-denomination coins, bi-metallic coins are often used in commemorative issues, often made of precious metals. For example, the only bi-metallic coin issued by the United States is the $10 Library of Congress commemorative, made of a gold ring around a platinum center.
A one-quarter ounce bimetallic coin, ring made of gold with the center platinum, was minted in 1995. A one-ounce bimetallic coin, ring of silver with a center of gold, was produced in 2009. A one-ounce palladium coin was issued in 2012. There were 26, five-ounce platinum coins minted in 1986 and another 15 coins in 1988.