Last updated on May 2nd, 2024 at 03:37 pm
Last Updated on May 2, 2024 Posted by Colonial Acres Coins
Bullion coins of silver and gold are an item that are collected by individuals around the world. Silver and gold have a monetary value based on weight so collecting coins can be done based on the silver and gold content as well as the type of coin or story behind the coin. Some coin collectors enjoy the storytelling of each coin while others want to create a collection that will be valuable. To ensure you are investing in quality gold and silver bullion pieces, it is recommended that your coins come from the Royal Canadian Mint. The Royal Canadian Mint is based in Canada of course and uses technically advanced methods of refining silver and gold to ensure that bars, wavers and coins are of the highest quality.
The Royal Canadian Mint works with quality producers, recyclers and financial institutions in order to be able to provide the public with quality gold and silver pieces. The Mint has seen great success due to several factors including starting from raw material to the final coin strike, streamlining production operations as well as offering vault storage for precious metals.
The Royal Canadian Mint has worked hard to create a quality refining process and is not happy with the illegal precious metals mining that is taking place in other areas. In order to combat such refining that involves human rights violations, the Mint has created the Responsible Precious Metals Program. This program works by identifying and validating the chain of custody of refining deposits so they know where their gold comes from and makes sure it is not from areas of conflict or those in violation of human rights.
Purity
For the most value within your bullion coins, you want to purchase items of the highest purity. The Royal Canadian Mint has been refining gold to .9999 fine purity since the mid-1960s. By the early 1980s, the Mint was the first to create .9999 bullion coins. By 1998, the Mint was able to up their game and produce bullion of .99999 quality.
Authentication
To further push the security process of bullion, the Mint created the Bullion DNA tool. This tool is used by approved Bullion DNA dealers so they can easily verify the authenticity of Gold and Silver Maple Leaf coins created by the Mint. This tool helps customers know that they are receiving a quality piece or provides an easy way to have their coins checked for verification.
Bullion DNA dealers have been certified by the Royal Canadian Mint so when you work with such dealers, you know that you have a legit company by your side to help you authenticate your gold and silver bullion pieces.
At Colonial Acres, we want to assist you in your gold and silver bullion collecting process. We are Bullion DNA certified dealers and can easily assist in checking gold and silver coins for authenticity as well as help you find new and interesting pieces to add to your collection. Visit one of our locations today or go online to see the many services we offer coin collectors.
