gold coin

gold coin definition - finance
A coin that is minted in gold that may be issued by a government or created by a private enterprise. Those minted by governments are called bullion coins. Popular bullion coins include the American Eagle, the Canadian Maple Leaf, the South African Krugerrand, the Isle of Man Gold Cat, the Australian Kangaroo, and the China Mint Panda Bear.

Another type of gold coin is a numismatic coin, which is minted in smaller quantities by governments or private businesses and often traded at a markup, based on aesthetics, to its gold content.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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