Bullion coins are coins made from precious metals. Their market values are determined bytheir inherent precious metal contents. As such bullion coins are mainly kept as investmentsor stores of value.
Most of the bullion coins available are made from silver or gold. A few also come in platinumthough, including the American Platinum Eagle, the Canadian Platinum Maple Leaf, theAustralian Platinum Koala, and the Manx Noble. Here's a quick rundown of each of these fourplatinum bullion coins:
The American Platinum Eagle:
The American Platinum Eagle bullion coins were first minted and released in 1997 by theUnited States Mint. They are offered in four varieties:
1. 1/10 ounce (oz.) coin - With a face value of USD10, 3.112 grams (g) in weight, 0.95millimeters (mm) thick, and 16.5 mm in diameter.
2. 1/4 oz. coin - With a face value of USD25, 7.78 g in weight, 1.32 mm thick, and 22 mm in diameter.
3. 1/2 oz. coin - With a face value of USD50, 15.56 g in weight, 1.75 mm thick, and 27 mm in diameter.