gold coin


Definition
A generic term for small coins minted in gold and sold by governments or private organizations. Gold bullion coins can be purchased and sold as an investment. For example, the Canadian Maple Leaf, produced by the Royal Canadian Mint, is a type of gold coin that is commonly purchased and held an investment portfolio. Because they are standardized, dealers generally do not test these for their purity. Numismatic coins on the other hand, are sold at a higher price than their actual value because of their aesthetic appeal.

Related Terms

Krugerrand -

Related Terms on BusinessDictionary

Related Personal Finance Articles

Loading...

gold coin in the news

Loading...

gold coin is ...

... part of the Forex subject.

Search volume for gold coin

gold coin is mentioned in these Investment Tips

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z