Silver and Gold Bullion Coins
DateTime:7/8/2009 5:21:12 PM

Collecting silver and gold bullion coins can be an investment, an insurance against market inflation as well as a passionate hobby all combined into one. Amassing silver and gold bullion coins are the easiest method for you to start owning gold and silver. Many of the bullion coin series also feature multitudes of designs, created with outstanding craftsmanship, therefore making them very desirable objects to collect.Ever since the first bullion coin is issued in South Africa in 1967, many national mints worldwide have followed suit issuing their own bullion coins series, the most popular being the British Britannia series, the Chinese Gold Panda Series and the American Silver Eagle series.

Most silver and gold bullion coins are never used in daily commerce, despite that many of the bullion coins issued today are bestowed with legal tender status in their respective country of issue, therefore making them exportable to most of the countries worldwide without being subjected to import taxes, duty or VAT.Then again it is notable that since many bullion coin series, especially those that changes designs every year, have very limited mintage, many of them below 100,000 units per year. Hence investors tend to look for bullion coins that have repetitive design throughout their years of issue, have substantial mintages and does not command a high premium, one such excellent example is the South African Krugerrand coin, when it was first issued, the South African Krugerrand fetch a premium no higher than 5% of its gold content, today the premium can be as less as under 1% on top of their market price of gold.