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.

Word History

First Known Use

1818, in the meaning defined above

Time Traveler
The first known use of bullion coin was in 1818

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!

Dictionary Entries Near bullion coin

Cite this Entry

“Bullion coin.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/bullion%20coin. Accessed 28 May. 2024.

Love words? Need even more definitions?

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