ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    Question

    What is the difference between bullion and numismatic

    coins? ┬а
    A Bullion coins are made of a more expensive metal than numismatic coins Correct Answer Incorrect Answer
    B Numismatic coins have a higher face value than bullion coins Correct Answer Incorrect Answer
    C Bullion coins are primarily valued for their metal content while numismatic coins are valued for their rarity and historical significance Correct Answer Incorrect Answer
    D Numismatic coins are more widely traded on the bullion market than bullion coins Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The main difference between bullion and numismatic coins is the way they are valued. Bullion coins are primarily valued for their metal content, while numismatic coins are valued for their rarity and historical significance. Numismatic coins can be made of less valuable metals and still be worth more than their weight in gold or silver due to their collectible value.

    Practice Next
    More Financial Management Questions
    ask-question