What's the difference between bullion and mint?

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.

Mint


Definition:

  • (n.) The name of several aromatic labiate plants, mostly of the genus Mentha, yielding odoriferous essential oils by distillation. See Mentha.
  • (n.) A place where money is coined by public authority.
  • (n.) Any place regarded as a source of unlimited supply; the supply itself.
  • (v. t.) To make by stamping, as money; to coin; to make and stamp into money.
  • (v. t.) To invent; to forge; to fabricate; to fashion.

Example Sentences:

  • (1) A matter of minutes after his appointment was announced on Thursday, the newly minted minister for Portsmouth was on his feet answering questions in the Commons.
  • (2) May hopes her fresh-minted “global Britain” will create a new paradigm in international trade.
  • (3) That’s before you even begin to consider the sort of outfits, polite eating and staged photos that guarantee I end up with a bleeding foot, skirt tucked into my knickers, mint in my teeth and a fixed smile last seen on a taxidermied pike.
  • (4) But that’s just false , no matter how many uninformed newly-minted rape pundits claim otherwise.
  • (5) That's just dandy when you're gazing at a lamb chop with mint sauce, but the downside to this technology is that each time you glance at the image of Jamie on the front cover you'll absorb some of him, too.
  • (6) The Royal Mint said earlier this week that sales of its gold coins and bars had surged before the referendum.
  • (7) Some gifted and canny writers have made a mint by appealing to teenagers’ sense of anguish and victimhood, the notion that they are forever embattled and persecuted by a rotten world run by authoritarian bozos.
  • (8) As well as a “bimetallic” construction similar to the existing £2 coin, the new £1 will feature new banknote-strength security pioneered at the Royal Mint’s headquarters in Llantrisant, South Wales.
  • (9) Using skills acquired in his first job with the accountancy giant PricewaterhouseCoopers and his second, buying and selling companies for JP Morgan, he minted a commercial model from the calm opulence of United's discreet Mayfair office that soon became the envy of the football world.
  • (10) This is an everyday tale of two freshly minted governments getting two very different treatments from the heart of Europe.
  • (11) The Royal Mint is constantly looking to the future, however, so, whilst the round £1 has served us well, it is time to turn our attention to the new £1 that in time will be used by millions of people in Britain and become equally well-recognised across the world.
  • (12) A newly minted drachma would be low enough to attract holidaymakers, but without the investment in new hotels, the industry could barely cope.
  • (13) The BRC will engage with both the government and the Royal Mint to support a smooth transition period."
  • (14) 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.
  • (15) Britain’s Royal Mint produces coins on behalf of dozens of other countries’ governments.
  • (16) As a Muslim, she was concerned about the newly minted president-elect and his campaign promises that targeted Muslims, immigrants and women.
  • (17) Playing the California Clasico on Sunday, the Galaxy looked to be back on form after a hiccup in Montreal in midweek, where they had hauled themselves back from 2-0 down to salvage a draw, looking way out of sync playing a recently minted 3-5-2.
  • (18) Here at the Royal Mint, near Llantrisant to the west of Cardiff, production has been ramped up to full capacity.
  • (19) The 18th century minted the magazine, an elegant potpourri of stories and news, instruction and amusement.
  • (20) In a week that has seen the 17-year-old newly minted tech millionaire hit the headlines, give back-to-back interviews across the world, fly to America to appear on primetime TV shows and find time for a quick phone call to me from the back of a New York taxi, he still sounds sparky.