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Bullion coins distinguishes from numismatic coins due to various reasons that results in difference of their price valuation as well. Difference among numismatic, semi-numismatic, and bullion coins: What are Bullion coins? Highly purified precious metals including silver, gold, platinum, and palladium are used to create bullion coins. The value of bullion, a precious metal,…
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Category: Canadian Gold Coins
The Rise of Palladium Vs. Gold: How Did This Silver Metal Overtake Gold?
The story of how palladium took over from gold has a lot of twists and turns. First, let’s start with their occurrence. Gold and silver are two naturally occurring elements that were used as money for centuries before other metals were adopted as currency. Palladium is a relative newcomer to this group, but it’s…
Buying Gold in Canada for Diwali
Diwali, commonly referred as as the festival of lights, is a fortunate significant celebration. Hindus, Jains, and Sikhs all around the world participate in its celebration. The most significant and popular holiday is called Diwali. So much so that 5 days are dedicated to celebrating it. People frequently go shopping for gold on the…
Financial Contagion Continues to Spread
Last week a major warning signal came out from the UK pension funds. They alerted financial officials that without immediate monetary intervention the funds would become insolvent, sending a shockwave of epic proportion throughout the entire global market. It has since come out that UK pension funds were mere hours away from total collapse that…
Countries with Largest Gold Reserves
Throughout history, different degrees of gold have been used as a medium of exchange. National governments created paper money that was pegged to the price of gold and served as a legal claim to actual gold for much of the 17th through the 20th century. Gold was used for international commerce. Therefore, for both…