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Value of Bullion Bar or Coin

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Value of Bullion Bar or Coin

Postby gbreinstein » Thu Jul 21, 2011 5:24 am

The physical appearance of your bullion or coin does not affect its resale value. The metal, weight, and purity affect the resale value of your bullion or coin. The per ounce prices for precious metals like gold and silver are determined by world market conditions. Since the market price for each of the precious metals is determined on a per ounce basis, the weight of your bullion coin or bar will also always factor into its overall value.
Finally, the purity of the metal from which your coin or bar is minted is important. The purity of bullion products can vary. Increasingly however, government backed bullion coins and bars are refined to 99.99% purity, the highest level available on the market. Moreover, most bullion products are stamped with their exact purity for easy identification.
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Re: Value of Bullion Bar or Coin

Postby Nicholas » Thu Jul 21, 2011 11:27 pm

gbreinstein wrote:The physical appearance of your bullion or coin does not affect its resale value. The metal, weight, and purity affect the resale value of your bullion or coin. The per ounce prices for precious metals like gold and silver are determined by world market conditions. Since the market price for each of the precious metals is determined on a per ounce basis, the weight of your bullion coin or bar will also always factor into its overall value.
Finally, the purity of the metal from which your coin or bar is minted is important. The purity of bullion products can vary. Increasingly however, government backed bullion coins and bars are refined to 99.99% purity, the highest level available on the market. Moreover, most bullion products are stamped with their exact purity for easy identification.


I am confused :roll: I thought these are the general facts which everyone already knew :twisted:
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Re: Value of Bullion Bar or Coin

Postby shgrunewald » Wed Aug 03, 2011 10:33 am

Gold resources are slowly depleting, thus, the value of bullion bar or coin is being overtaken by other precious metals.
Sarah Grunewald
New Mexico Gold Buyers
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