What's the difference between bullion and coin?

Bullion


Definition:

  • (n.) Uncoined gold or silver in the mass.
  • (n.) Base or uncurrent coin.
  • (n.) Showy metallic ornament, as of gold, silver, or copper, on bridles, saddles, etc.
  • (n.) Heavy twisted fringe, made of fine gold or silver wire and used for epaulets; also, any heavy twisted fringe whose cords are prominent.

Example Sentences:

  • (1) If you hold more than a few thousand pounds [at home] you are likely to invalidate your household insurance, or will have to pay an extra premium and install security measures.” Bullion Vault’s 60,000 customers own the gold they buy, but it is held in vaults in London, Zürich, New York, Toronto or Singapore.
  • (2) China is poised to overtake India to become the world's biggest market for gold this year thanks to soaring investment purchases of bullion and steadily rising jewellery sales, according to the World Gold Council's annual report.
  • (3) Demand for gold bullion has surged as people have snapped up coins and bars while the EU referendum result is too close to call, according to the Royal Mint.
  • (4) On the night of 26 January 1985, Reader was present at the Kent home of Kenneth Noye , who, like Reader, was suspected by the police of receiving the stolen bullion from the 1983 £26m Brink’s-Mat robbery at Heathrow airport .
  • (5) They aren’t just blocks of bullion in the sky.” In the latest sign that London homebuyers are being squeezed out by wealthy international investors, foreign purchasers have bought 80% of the properties in a series of big Thameside housing developments.
  • (6) AngloGold Ashanti, South Africa's biggest bullion producer, has lost nearly all local production due to 24,000 workers being on strike, while rival Harmony Gold has also taken a hit.
  • (7) Chris Howard, the Royal Mint’s director of bullion, said the Mint’s 1,000-year history means that it is recognised around the world as a reliable authority on precious metals.
  • (8) Cascades of golden light overpower the sun, rising from a jumble of massive titanium forms piled on top of each other, part train crash and part explosion in a bullion vault.
  • (9) The Bilbao Guggenheim is a treaty port negotiated with the burghers of this rather down-at-heel city, part bullion vault and part glimmering mirage to cow and dazzle the natives.
  • (10) Gold The price of gold usually rises in times of economic crisis because bullion is seen as a safe-haven asset.
  • (11) Much of this was due to physical buying of bullion: purchases of gold bars rose by more than a third to almost 1,200 metric tonnes, particularly in China, Germany, Switzerland and Austria.
  • (12) Sterling-priced bullion hit a high of £783.33 an ounce and gold also set records in euros and Swiss francs.
  • (13) It is stored in a safe location and you pay a small administration fee every year, typically around 1% of the average value of the bullion, plus VAT.” Another option is coins, which can be things of great beauty.
  • (14) Under questioning, Bernanke also said "tradition" dictated that most central banks held large quantities of gold bullion in reserve, rather than another asset such as diamonds.
  • (15) He rattled through the stories of Turing's peculiarities – burying his silver bullion and then forgetting where; chaining his mug to his radiator; cycling in his gas mask to ward off hay fever.
  • (16) Sales of Royal Mint gold bullion coins increased after they were awarded VAT-free status.
  • (17) Even so, the Mint launched Signature Gold on the bullion trading site last month, allowing customers to buy a fractional amount of a 400 oz gold bar.
  • (18) Signature video Gold Bullion Vault , in which the pair are admitted to the Bank of England's holiest of holies, which gives Poliakoff the excuse to calculate the value of his weight in gold (roughly £2.5m).
  • (19) Guy Foster, head of research at Brewin Dolphin, says gold is a curious asset: “It is supposed to be a store of value, but by conventional investment metrics it is almost valueless.” You can invest in exchange traded funds such as the SPDR Gold Trust, which tracks the spot price of gold; a gold miner such as Randgold Resources; or buy bullion or coins.
  • (20) Royal Mint launches online dealing account … in gold Read more The group said its bullion business faced “difficult global market conditions” over the past year.

Coin


Definition:

  • (n.) A quoin; a corner or external angle; a wedge. See Coigne, and Quoin.
  • (n.) A piece of metal on which certain characters are stamped by government authority, making it legally current as money; -- much used in a collective sense.
  • (n.) That which serves for payment or recompense.
  • (v. t.) To make of a definite fineness, and convert into coins, as a mass of metal; to mint; to manufacture; as, to coin silver dollars; to coin a medal.
  • (v. t.) To make or fabricate; to invent; to originate; as, to coin a word.
  • (v. t.) To acquire rapidly, as money; to make.
  • (v. i.) To manufacture counterfeit money.

Example Sentences:

  • (1) Tactile stimulation of a coin-sized area in a T-2 dermatome consistently triggered a lancinating pain in the ipsilateral C-8 dermatome in a 38-year-old woman.
  • (2) Heads you 'own it' Ian Read, the Scottish-born accountant who runs the biggest drug firm in the US carries in his pocket a special gold coin, about the size and weight of a £2 piece.
  • (3) as well as nauseatingly hipster titbits – "They came up with the perfect theme (and coined a new term!
  • (4) There are no cases Money could uncover of people convicted for slipping a dodgy £1 into a vending machine or palming one off to their newsagent, but criminal gangs have been jailed for manufacturing fake coins.
  • (5) These include 250 pieces of Greek and Roman pottery and sculpture, and 1,500 Greek and Ottoman gold, silver and bronze coins.
  • (6) The #putyourwalletsout phrase was coined by Sydney-based Twitter user Steve Lopez, who accompanied it with a photo of his wallet.
  • (7) For Bond fans, this is the best Christmas present – the return of James Bond and classic elements of the series with yet another classic title coined by Ian Fleming,” said Ajay Chowdhury of the James Bond International Fan Club .
  • (8) A 49-year-old man was operated for coin lesion detected on routine chest X-ray.
  • (9) Lavoisier subsequently coined the word "oxy-gène."
  • (10) Soon my pillowcases bore rusty coins of nasal drippage.
  • (11) The chest X-ray film revealed a coin lesion in the right upper lung field (S1), the same segment as the previous pneumonia.
  • (12) If the eye shielding block cannot be placed at the optimal shielding point, a simple coin placed on the eye lid surface will also reduce the lens dose substantially when a regular eye shielding block is placed on the blocking tray (Lin's coin effect).
  • (13) Her companion, a man in his fifties, also refused to give his name to the “Lugen Presse” (liar press, a term coined by the Nazis and frequently chanted at Pegida events), but is quick to add: “We’ve nothing against helping foreigners in need, like those poor people in Syria, but we should be helping them in their own country, not bringing them over here.” The demonstrations feel like an invitation for anyone to voice any grievance.
  • (14) In 1761, while still an apprentice surgeon, he made his discovery of the unique and bizarre cause--compression of the oesophagus by an aberrant right subclavian artery--of a fatal case of 'obstructed deglutition' for which he coined the term 'dysphagia lusoria' and for which he is eponymously remembered.
  • (15) A 58-year-old woman was referred to the Fukuoka University Hospital because a coin lesion approximately 5 cm in diameter was detected in the right lower lobe of the lung by routine roentgenographic examination.
  • (16) Kettering didn't let the matter lie - after all, clubs like Bayern Munich had been coining it in on the continent for years - and so, with Derby and Bolton, they put forward a proposal to the FA regarding shirt sponsorship.
  • (17) Rodgers' team took the lead from their first corner when Suárez – pelted with coins from the away section that he handed to referee Martin Atkinson – swept to the near post.
  • (18) In the Russian gallery, for example, the courageous Vadim Zakharov presents a pointed version of the Danaë myth in which an insouciant dictator (of whom it is hard not to think: Putin) sits on a high beam on a saddle, shelling nuts all day while gold coins rain down from a vast shower-head only to be hoisted in buckets by faceless thuggish men in suits.
  • (19) Bronchial cysts usually occur centrally near the mediastinum, but may present as a peripheral "coin" lesion requiring distinction from other causes of coin lesions of the lung.
  • (20) Using a small silicon microchip in a USB, a 'lab on a chip' as it has been coined, DNA data can be analysed within minutes and outside a laboratory.