Government Mints

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Government Mints coins

Government Mints Coins

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Government Mints bars

Government Mints Bars

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All Government Mints products

All Government Mints Products

View all Government Mints products

About Government Mints

The history of government mints dates back to 7th century B.C. Since then, various nations began producing coins as a symbol of wealth. The first time coins were minted for trading purposes, was during the Roman Empire when they opened various mints in different locations in order to supply their trading transactions. Government mints are facilities which manufacture national currency and coins under state authority and are owned by governments or sovereigns. The United States Mint, for example, which has been manufacturing coins for over 200 years, is known for being one of the most active manufacturers of gold and silver bullion coins, along with the Chinese, Canadian, and Australian mints. These mints, as well as the Royal Mint and Mexican Mint, which were established more than 500 years ago, are considered the most important operating government mints in the world. This makes them a great addition to the diverse silver and gold markets, by providing more options and variety to buyers of all scales and needs. Government mints, also called sovereign mints, are famous for their government gold coins and government silver coins. But besides minting coins, government mints also produce other bullion products, like precious metals bars, collectible coins, and commemorative medals. Some of these bullion types, like bars and medals, are manufactured by private mints, too.

Coin Types

Since the establishment of the government mints, coins have been used primarily as circulating coinage money for supplying trading transactions. Yet, today there are different types of government gold and silver coins that are produced by world-renowned mints for different purposes.

The basic coin types produced by government mints are:

Circulating coins such as nickels, dimes, quarters, and pennies, which are produced and used for everyday transactions. These are the coins you may find in your pocket, minted by the government mints as circulating currency. However, there are some exceptions, such as $1 coins and Kennedy Half-Dollars, which are produced as collectibles, meaning you cannot purchase goods with them.

Bullion coins are special coins that contain pure gold, silver, and other precious metals. These coins are available in various weights, bear face values and are legal tender coins. However, often these coins are worth much more than their face values, due to their fine metal content. They are stored as investments rather than used for everyday transactions. Additionally, their value is determined by their metal content based on the precious metals prices per ounce.

BU (Brilliant Uncirculated) coins have absolutely no wear or tear on them. They carry more than 95% of their original mint luster, which gives them a matte untouched finish.

Proof coins are made of the finest precious metal content, being stamped multiple times. They are struck by using special dies, through which they receive an extremely fine finish. Before their mintage, the dies are examined under a special microscope and manually polished to ensure their sharp detailing and polish. This is why their mirror-like polish look is very appreciated and desired by passionate collectors.

Certified Coins are precious metal coins graded and authenticated by worldwide recognized coin certification companies such as the Professional Coin Grading Service (PCGS) and Numismatic Guaranty Corporation (NGC). These companies assure the coins’ condition and purity by assigning them quality ratings. The grades range between 1 and 70 and are established in accordance with the following five factors: preservation, strike, surface, luster and eye appeal. Coins with a grade designation of  1 - have the worst condition while those with a grade of  70 - are considered to be in perfect condition.

Collectible coins are specialty coins which have elegant designs or creative imprints that commemorate notable historical events and figures. They also have an increased amount of luster and glimmer to give them an outstanding finish. These coins are usually minted in limited editions. Besides their impressive designs and high purity metal content, their scarcity makes them very desired by collectors and investors.

Government Mint Bullion

Most of the government mints produce bullion coins, but there are a few of them which also manufacture other non-coin related products, such as bullion bars, like the Perth Mint and the Royal Canadian Mint. However, most government mints focus their production solely on gold and silver coins because other bullion types tend to have lower premiums.

 

Most Popular Coins

All government mints strive to produce pure, high-quality outstanding coins. When producing coins, government mints consider the mintage number, metal content and, of course, their design. They focus on using bullion with a high purity degree. The designs of these remarkable coins are typically created by gifted artists, who aim to make the very best representations of national symbols, patriotic themes, and wildlife. Here are a few examples of magnificent coinage pieces:

American Gold Eagle - released in 1996 by the United States Mint and considered to be the great pride of the American coinage. It contains 5.33% copper, 3% silver and 91.67% of 22 karat gold. The obverse design of the coin features the depiction of Lady Liberty while the reverse design features a soaring eagle above its nest.

America the Beautiful Series - issued in 2010 also by the United States Mint. The coins are made of .999% pure silver with a face value of $.25. The America the Beautiful Series comes in various designs, depicting amazing American National Parks on the reverse, and the profile of George Washington on the obverse, making them very desired collectibles on the bullion market.

Canadian Maple Leaf is a coin in  made both silver and gold. The silver bullion coin’s face value is worth 5 Canadian dollars and it is composed of 99.99% pure silver. On the other hand, the gold bullion coin’s face value varies based on its metal content. Coins made up until 1982 contained .999 pure gold. Today the coins are minted of .9999 fine gold, however some gold bullion coins have a .99999 purity.

Chinese Panda coins are available in silver, palladium and gold versions. The coins are minted in different denominations and sizes. The Chinese Gold Panda Coin is composed of 99.9% gold; the Chinese Silver Panda Coin is made of 0.999 silver, and the Chinese Palladium Panda Coin contains .999 pure palladium. Chinese Panda designs change every year, featuring a new depiction of the nation’s beloved panda bear.

Perth Mint Lunar Series coins are minted by the Australian Perth Mint and are available in both gold versions, of .9999 purity, and silver editions of .999 purity. The coins feature the depiction of the Chinese Zodiac Calendar, the 12 zodiac animals for each year are featured, on the reverse side, and the portrait of Her Majesty Queen Elizabeth II, on the obverse side.

South African Krugerrand are fine African gold coins produced of .9167 purity. The coins are famous for their unique design. Krugerrands feature the image of the one and only president of South Africa, Paul Kruger, on the obverse and the image of the springbok antelope on the reverse side. These coin have not been designated a particular face value.

Bullion Exchanges professional and dedicated team provides only high-quality bullion products. Rest assured, that you will receive pure government minted products, directly from the sovereign mints, when shopping our trusted online store. Browse our outstanding and comprehensive  collection of government mint bullion products and choose you favorite piece. If you have any questions, feel free to contact us at 800.852.6884. You can also reach a Bullion Exchanges associate via live chat, or by email at info@bullionexchange.com.

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