There are different types of gold bullion and silver bullion that you will be buying. The bullion you choose will be based on several factors, such as long term and short term goals, ability to trade or use for monetary purposes, availability, cost, and value. Some people may also choose bullion based on rarity, or numismatic value.
Forms of Bullion
Gold bullion consists of coins, rounds, and bars. Silver bullion consists of coins, rounds, bars, bullets, silver stackers, and tombstone silver. Each are briefly defined below.
In addition to bullion, gold is also available as nuggets and both gold and silver are also available in the form of jewelry.
Gold & Silver Jewelry
We all know what that is.
Gold nuggets are pieces of gold that have been produced naturally by our universe.
Coins are monetary instruments made of metals which are produced by a government mint.
Rounds are coins, but they have no monetary face value and are not legal tender.
Gold bars are pre-determined amounts of gold that are either poured or pressed into a shape. Poured molten gold bars are also called ingots.
Bullion Silver Bullets
Silver bullets are silver bullion in the shapes of bullets.
Bullion Silver Stackers
Silver stackers are stamped rounds of silver that stack together like checkers.
Bullion Tombstone Silver
Tombstone Silver is a silver bar formed in the style of the historic and nostalgic town of Tombstone Arizona.