A Lesson In Coins: Coins Values And The Varying Types
Ever learn anything about coin values? Not everyone does since it’s not a commonly known science. A bullion coin is a coin struck from precious metal and kept as a store of value or an investment, rather than used in day-to-day commerce. Investment coins are typically coins that have been minted after 1800, and have a purity of not less than 900 thousandths. They are or have been a legal tender in their country of origin.Bullion coins are usually available in gold and silver, with the exception of the Krugerrand and the Swiss Vreneli which are only available in gold. The American Eagle series is available in gold bullion coins, silver and platinum, and the Canadian Maple Leaf series is available in gold, silver, platinum and also palladium.
Then there is the Morgan dollar, which was a United States dollar coin minted intermittently from 1878 to 1921. It was the first standard silver dollar minted since production of the previous design, the Seated Liberty dollar, ceased due to the passage of the Fourth Coinage Act, an act which also ended the free coining of silver. The coin is named for its designer, United States Mint Assistant Engraver George T. Morgan. The obverse depicts a profile portrait representing Liberty, while the reverse depicts an eagle with wings outstretched.
Now you can buy these coins from businesses all over the country, world, and via internet. The coins are not just limited to the Morgan dollar or the gold Bullion coin, but there are also coins from Australia, Germany, and anywhere you could possible imagine.