CoinsĪ bullion coin is a product that gets minted by a government entity, and it has legal tender attributed to it (for example, the 1 oz gold Maple Leaf coin has a $50 face value). That being said, no matter which form you buy 1 oz of gold bullion in (a coin, bar, or round) you will still have 1 oz of gold bullion. You may notice that some gold bullion coins come with a 9999 fineness, which is considered 99.99% pure gold, whereas others come with a 999 fineness, which is considered a 99.90% pure gold. In Canada, gold must have a purity of 99.5% and silver must have a purity of 99.9% to be considered bullion and to be tax exempt. The major forms it comes in are coins, rounds, or bars/ingots, and they are generally weighed by Troy Ounces or in Grams.
Book your FREE Bullion Consultation Today Different Kinds of Bullionīefore deciding which you want to purchase, it’s important to be familiar with the different kinds of bullion. This means that no matter what kind of bullion you decide to purchase from us, you can rest assured that you are receiving a quality product that you can count on to be authentic and of the highest bullion standards. To ensure quality and that they meet bullion standards, we put all of our products through an internal verification process as well as an x-ray analysis. The rest (labelled “our choice” products) that you find on our website are usually bought from the general public or from a supplier that has a sale on more generic products. While this can vary from person to person, there are certain types of bullion that are more popular than others.Īt we are committed to providing our customers with quality gold and silver bullion that is largely sourced directly from suppliers that deal with each respective mint. If you are a novice bullion buyer, then you might be wondering what the best kind of bullion to buy is.
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