[Jewelry making - Article 00401] - Re: [Orchid] What are bullions?

[Steelybone]

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    "Bullion", pronounced just as it's spelled (BULL-yun), is gold as
    bulk gold, rather than as worked stock.  If you buy bar gold, that's
    bullion.  If you find a broken 24k chain and buy it for only its
    worth as gold, that's bullion.  It's a commodity term, I guess you'd
    call it.  Gold by the ounce, bars, etc., is bullion; many gold coins
    are actually bought as bullion, though they carry a premuim for the
    minting.  Who would spend a gold maple leaf or krugerrand for its
    face value? 

Tas
www.earthlywealth.com

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