bullion coin

noun

Definition of bullion coin

: a coin whose value is based on the value of the metal from which it is made rather than a denomination value

Note: Bullion coins are minted for purchase as an investment. Examples of gold bullion coins include the South African Krugerrand, the U.S. gold Eagle, the Canadian gold Maple Leaf, and the Chinese gold Panda, all of which are one ounce pure gold. Silver bullion Eagles, Maple Leafs, and Pandas are also minted.

Love words?

You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary.

Start your free trial today and get unlimited access to America's largest dictionary, with:

  • More than 250,000 words that aren't in our free dictionary
  • Expanded definitions, etymologies, and usage notes
  • Advanced search features
  • Ad free!

First Known Use of bullion coin

1818, in the meaning defined above

Keep scrolling for more

Learn More About bullion coin

Time Traveler for bullion coin

Time Traveler

The first known use of bullion coin was in 1818

See more words from the same year

Statistics for bullion coin

Cite this Entry

“Bullion coin.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/bullion%20coin. Accessed 23 Jun. 2021.

Style: MLA
MLACheck Mark Icon ChicagoCheck Mark Icon APACheck Mark Icon Merriam-WebsterCheck Mark Icon

WORD OF THE DAY

Test Your Vocabulary

Return of Name that Color!

  • a light greenish blue color
  • Name that color:
Name That Thing

Test your visual vocabulary with our 10-question challenge!

TAKE THE QUIZ
Typeshift

Anagram puzzles meet word search.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!