Another quality a bar or a coin must have to be considered bullion is to have its purity and content of gold stated on it. A bullion coin or bar will have numbers on them that indicate its purity. A coin or a bar that is made of pure gold will say 999.99 or 99.99 and will be 24 karat. It will also show how much gold it contains in grams or troy ounces. A troy ounce is equal to 31.1034768 grams. A gold coin does not always have to be 99.99 or 24 karat to be considered bullion; some coins have its stated amount of gold plus an additional alloy of silver and copper. Coins of this nature will be less then 99.99 pure.
One last quality a bar or a coin must have to be considered bullion is for the coin or bar to be seen as bullion to most investors. The coin or bar must have a good reputation to investors in your area or better yet worldwide. It is recommended before buying gold bullion that you research to see what coins or bars have a good reputation and popular with investors in your area. Buying gold bullion is one of the best ways to invest in gold. If you use the information you read here it will help you to understand the difference between gold bullion and other kinds of gold. A good web site where you can see more information on topics like this is Reasons For Gold which is highly recommended. You can also Add This Article to your web site or blog. Thank you and enjoy.
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