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<p>[QUOTE=&quot;fatima, post: 1589518, member: 22143&quot;] <ul> <li><b>Bullion</b> - A measured amount of refined PM where weight &amp; purity are specified by a refiner or mint.&nbsp; Normally in the form of bars but can be in other shapes as well depending upon the entity handling it.&nbsp; exa. gold tael</li> <li><b>Bullion Coin</b> - Not to be confused with &quot;bullion&quot;.&nbsp; It&#039;s a PM coin produced by official government mints, where the purity and weight of the metal are guaranteed by the government.&nbsp; Generally these coins will track the spot price of AU or AG with some premium.&nbsp; </li> </ul><p></p><p>A bullion coin may become a collector&#039;s coin either because it&#039;s produced specifically as one, i.e. Proof versions of bullion coins, or because it is rare, i.e. 2008-W Buffalo.&nbsp;&nbsp; Certain very exceptional coins can become collector&#039;s coins because of their beauty.&nbsp; A good example is the 2009 UHR.&nbsp; This coin never sold out, but they sold over 100K of them, but despite this, it easily commands a $1000 premium over the bullion value.&nbsp;&nbsp; Some bullion coins can become collector&#039;s coins because they are a series and/or certain sub-series can command a lot of numismatic value.&nbsp; i.e. The First Spouse liberty sub-series.[/QUOTE]</p><p><br /></p>

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