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The R2 gold coin is a bullion coin, meaning that it's not worth much more than the gold it contains. The R2 coin contains 0.2354 fine oz of gold, and with gold currently selling for round about $1050 per fine oz the value of the coin is about R2000.
Wiki User
∙ 14y ago
Wiki User
∙ 11y ago18,000 - Brilliant Uncirculated.
7,500 - Proof.
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Where can you buy gold coin?
GOLD COINS Gold coins normally we describe as a round medallion which is used for saving and gifting purposes.Buying gold coins is a good investment. The coins are also available in rectangular, oval or in another shapes. Gold itself is a precious metal and in coin it is available in bulk. It is known as bullion and traded in a market. Coins have changed in shapes and designs as the history days passes. But the mass was always the same .Coins have valued by the density, mass and cast ingots or minted coins . Coins have provided the evidence of art and economy and also the wisdom and understanding history. Some of the points which are important to observe while buying the gold coins are: 1. Purity- Coins are sold for investment they are 22 Kt or 24 Kt. 2. Weight-Gold coins can be produced from 0.5 gm to 100 gm. Popular weights are 10 gm or less .There are 1 gm, 2 gm, 4 gm and 8 gm gold coins also. 3. Designs-Gold coins comes in many designs Lakshmi gold coins, Ganesha gold coins etc. Corporate companies or jewelry retailers have their own logo of one side of coin. Few coins have specific depictions . We can see gold coins in thangamayil .
Is 1945 coin of India is rare?
Many coins were minted for India in 1945. It is probably not rare.
What is 'actual bullion value'?
Precious metals in bulk form are known as bullion, and are traded on commodity markets. Bullion metals may be cast into ingots, or minted into coins. The defining attribute of bullion is that it is valued by its mass and purity rather than by a face value as money. Many nations mint bullion coins, of which the most famous is probably the gold South African Krugerrand. Although nominally issued as legal tender, these coins' face value as currency is far below that of their value as bullion. For instance, the United States mints a gold bullion coin (the Gold Eagle) at a face value of $50 containing 1 troy ounce (31.1035 g) of gold
Old coins with square hole in it?
There are many old Chinese coins that have a square hole in them. These coins could date back 2400 years ago.
How many coins in the set 1980 olympic trust of Canada?
28
How many 1988 Isle of Man gold Angel coins were minted?
There were 1,000 1988 Isle of Man Proof gold "One Angel" coins minted.
What are the names of all the US coins in 1867?
In 1867 there were many more denominations of coins than today. Denominations minted that year were:1¢ (minted in bronze)2¢ (minted in bronze)3¢ (minted in both silver and copper-nickel)5¢ (half-dimes, minted in silver)5¢ (minted in copper-nickel)10¢ (dime, silver)25¢ (quarter, silver)50¢ (half, silver)$1.00 (minted as both large silver coins and small gold coins)$2.50 (quarter eagle, gold)$3.00 (gold)$5.00 (half eagle, gold)$10.00 (eagle, gold)$20.00 (double eagle, gold)
What British coins were minted in 1783?
British coins minted in 1783 include - Guinea (gold) Half-Guinea (gold) Due to Britains ongoing expenses with various wars in the late 18th and early 19th centuries, there were very few silver or copper coins minted, subsequently there were a great many counterfeit coins produced.
Is there a 1972 Queen Elizabeth coin?
She was on many coins in 1972, including every circulating coin minted in Britain, Canada, and Australia.
How can you tell where a British gold coin was minted?
If you refer to the range of Sovereign coinage, the vast majority of these coins were minted at the Royal Mint London until the Mint moved operations to Llantrisant Wales in 1968.Coins minted at the Royal Mint have no mintmark.From about 1871 to 1931 inclusive, many British gold coins were minted where the gold was mined to minimise the time, expense and risk of transporting gold and coins to and from various parts of the Empire.British coins not minted at the Royal Mint were variously minted at the following Mints -Melbourne - mintmark MOttawa - mintmark CPerth - mintmark PPretoria - mintmark SASydney - mintmark SBombay - mintmark IThese mintmarks are visible on Sovereign coinage below the image of the Monarch on many of the earlier 19th century coins, or to the right of the year on the reverse of later coins.
How many gold krugerrands were minted each year?
Since 1970 (to 2011) 47, 054,145 1oz coins were minted. The largest amount minted in one year was in 1978 when 6, 012, 293 were minted.
How many gold 1 dollar coins minted in 1862?
1862 is the highest mintage of the series at 1,361,355. Only 35 Proof coins were made.
How many 1892 British Halfcrown coins were minted?
There were 1,710,946 1892 British Halfcrown coins minted.
How many 2009 gold buffalos have been minted?
That information will not be released until around March of 2010. Their still minting the coins
How many 1997 Australian 50 cent coins were minted?
There were 4,337,200 Australian 1997 50 cent coins minted.
What is the value of a Vatican Coin Set containing 5 coins?
The Vatican has produced many coin sets over the years. You need to know what year the coins were minted and also if they are gold or silver or not.
How many 5 gold coins minted in 1904?
Mintage for the 1904 Half eagle is: Philadelphia 392,000 and 136 Proofs. San Francisco 97,000
