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Interested in buying bullion?
Usually when the word "bullion" is brought up, thoughts of gold or silver bars are the first thing that comes to mind. Like the ones traded by central banks and those seen in the movies.
Bullion or precious metal coins were once widely used as currency up until the 1930's when it was for the most part taken out of circulation.
That changed in 1967 when the Government of South Africa introduced the gold Krugerrand. It's convenient one ounce size and nominal face value (to avoid taxes assigned to raw bullion trading) made it possible for an increasing number of people to own gold bullion.
Before long other countries introducing their own gold and silver bullion coins, including Canadian Maples, Chinese Pandas, and, the U.S gold Eagles.
Bullion coins have the advantage of guaranteed purity, exact weight, and total liquidity worldwide.
