Definitions for gold coin
gold coin

WiktionaryRate this definition:0.0 / 0 votes

1. gold coinnoun

   A one-dollar or two-dollar coin.

2. Etymology: From the golden appearance of these coins, which are in fact varieties of bronze.

WikipediaRate this definition:0.0 / 0 votes

1. Gold coin

   A gold coin is a coin that is made mostly or entirely of gold. Most gold coins minted since 1800 are 90–92% gold (22‑karat), while most of today's gold bullion coins are pure gold, such as the Britannia, Canadian Maple Leaf, and American Buffalo. Alloyed gold coins, like the American Gold Eagle and South African Krugerrand, are typically 91.7% gold by weight, with the remainder being silver and copper. Traditionally (up to about the 1930s), gold coins have been circulation coins, including coin-like bracteates and dinars. In recent decades, however, gold coins are mainly produced as bullion coins for investors and as commemorative coins for collectors. While modern gold coins are still legal tender, they are not observed in everyday financial transactions, as the metal value normally exceeds the nominal value. For example, the American Gold Eagle has a denomination of 10 USD, but a metal value of more than $800 USD (being around a half an ounce). The gold reserves of central banks are dominated by gold bars, but gold coins may occasionally contribute. Gold has been used as money for many reasons. It is fungible, with a low spread between the prices to buy and sell. Gold is also easily transportable, as it has a high value-to-weight ratio compared to other commodities such as silver. Gold can be re-coined, divided into smaller units, or melted into larger units such as gold bars, without destroying its metal value. The density of gold is higher than most other metals, making it difficult to pass counterfeits. Additionally, gold is extremely unreactive chemically: it does not tarnish or corrode over time.

WikidataRate this definition:0.0 / 0 votes

1. Gold coin

   A gold coin is a coin made mostly or entirely of gold. In modern times, most gold coins are intended either to be sold to collectors, or to be used as bullion coins—coins whose nominal value is irrelevant and which serve primarily as a method of investing in gold. Gold has been used as money for many reasons. It is fungible, with a low spread between the prices to buy and sell. Gold is also easily transportable, as it has a high value to weight ratio, compared to other commodities, such as silver. Gold can be divided into smaller units, without destroying its value; it can also be melted into ingots, and re-coined. The density of gold is higher than most other metals, making it difficult to pass counterfeits. Gold is extremely unreactive.

How to pronounce gold coin?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say gold coin in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of gold coin in Chaldean Numerology is: 6

2. Pythagorean Numerology

   The numerical value of gold coin in Pythagorean Numerology is: 7

Examples of gold coin in a Sentence

1. D. March:

   Proverbs are in the world of thought what gold coin is in the world of business - great value in small compass, and equally current among all people. Sometimes the proverb may be false, the coin counterfeit, but in both cases the false proves the value of the true.

References

1. ^ Wiktionary
   https://en.wiktionary.org/wiki/Gold_Coin
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Gold_Coin
3. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=gold coin