Bullion


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BULLION. In its usual acceptation, is uncoined gold or silver, in bars, plates, or other masses. 1 East, P. C. 188.
     2. In the acts of Congress, the term is also applied to copper properly manufactured for the purpose of being coined into money. For the acts of Congress, authorizing the coinage of bullion for private individuals, see Act of April 2, 1792, s. 14, 1 Story, 230; Act of May 19, 1828, 4 Sharsw. cont. of Story's Laws U. S. 2120; Act of June 28, 1834, Id. 2376; Act of January 18, 1837, Id. 2522 to 2529. See, for the English law on the subject of crimes against bullion, 1 Hawk. P. C. 32 to 41.

References in periodicals archive ?
Gold bullion coins gained a bad reputation in the Egyptian market during the recent period because some workshops produced fake coins because of its low handy charges fees.
The event saw leaders from the world of bullion and jewellery trade, precious metal mining and refining industries, central and bullion banks, commodity exchanges, trade federations, logistics, media analysts and top government officials.
These included 22,000 bullion and 6,600 commemorative coins worth a total of about UAH 20 million or about USD 716,500 in the equivalent.
According to the SEC, it received information that Bullion Buyer Ltd.
As with American Eagle Gold and Silver Bullion Coins, American Eagle Palladium Bullion Coins will be made available through the United States Mints Authorized Purchaser network.
"The Texas Bullion Depository will offer Texas safe, fully-insured storage of precious metals providing an alternative to the depositories largely located in and around New York City," Hegar said.
It said overall operating profit stepped up by nearly a fifth to PS13.1m, compared to PS11.4m the year before, with the lion's share of the growth coming from an 87% surge in bullion operating profit to PS2.8m.
The coin and bullion will be of 24 karat purity, 999 fineness and will have the national emblem of Ashok Chakra engraved on one side and the face of Mahatma Gandhi on the other.
Up until now, the weight of the bullion bars on offer has ranged from one gram to 100 grams.
By purchasing physical bullion via the MetalDesk, investors are given full legal title of their investment and are thus protected from counterparty risk.
The introduction of The Royal Mint's Signature Gold bullion trading service on 2 June 2015 now means that gold trading has opened up to customers who just want to buy a fractional amount of a 400 oz gold bar.
The collaboration with Finemetal Asia is a significant step in Bullion Capital's rapid global expansion since it launched a pioneering real-time exchange for allocated physical precious metals in 2013.