Glossary - Numismatic definitions - Coins and UK

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Numismatic definitions

Like most fields of expertise, numismatics has its own lingo. Find the numismatic definition of a term by entering it in the field below.

Bullion

Bullion can refer to:

  • Precious metal like gold or silver in bulk before coining, or valued by weight.
  • Bullion value of a coin, i.e. the value of the coin is equal to the precious metal used to produce it. Attributed on a very worn coin or on several non-circulating-legal-tender collector coins.

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