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unusual facts about bullion


Bullion

Some bullion coins have been used as currency throughout the 20th century, like the Maria Theresa thaler and the Krugerrand.


American Eagle bullion coins

American Eagle bullion coins are produced by the United States Mint.

Basel I

Assets of banks were classified and grouped in five categories according to credit risk, carrying risk weights of 0% (for example cash, bullion, home country debt like Treasuries), 20% (securitisations such as mortgage-backed securities (MBS) with the highest AAA rating) 50%, 100% (for example, most corporate debt), and some assets given No rating.

Bottom-blown oxygen converter

The South African company Rand Refinery Limited rebuilt its smelter in 1986, incorporating two 1.5 t TBRCs and a small static reverberatory furnace for cupellation to produce doré bullion containing gold and silver.

Commodity market

George Gero, precious metals commodities expert at the Royal Bank of Canada (RBC) Wealth Management section reported that he had not seen selling of gold bullion as panicked as this in his forty years in commodity markets.

Dukes Highway

The 'Bullion Act' was passed and an Assay office was established in Adelaide for the assaying and stamping of gold in 1852.

Fijian gold pacific sovereign

The Fijian gold Pacific Sovereign is a 24-karat, bullion, one-ounce gold coin of .9999 purity minted by the New Zealand Mint (first released mid-2009) in commemoration of the islands of Fiji, a sovereign nation and member (albeit a suspended member as of 2006) of the Commonwealth of Nations.

Garret Hobart

One proposal to cure the economic malaise was "Free Silver"; that the government would accept silver bullion and return it to the depositor, struck into silver dollars.

Ivan Lawrence

He has defended in over 85 murder trials, and has appeared in a number of notable criminal trials,for example the Kray Brothers (gang-land murders), the serial killer Denis Nilsen, Russell Bishop (Brighton Babes in the Wood murder), the Mountnessing silver bullion robbery, the Brinks Mat gold bullion money-laundering, and a mass-murder war crimes trial at the Hague.

John M. Woolsey

Woolsey also invalidated Executive Order 6102, an Executive Order signed by President Franklin D. Roosevelt "forbidding the Hoarding of Gold Coin, Gold Bullion, and Gold Certificates".

Kijang Emas

Malaysia is the 12th country in the world to issue its own gold bullion coin, and joins the ranks of the Canadian Gold Maple Leaf, American Gold Eagle, Australian Gold Nugget, and South African Krugerrand.

Likely, British Columbia

The name was changed to honour John A. Likely of the Bullion Pit Mine, who was affectionately called "Plato" for his tendency to philosophise.

Lookout City, California

By the end of 1876 Remi Nadeau's Cerro Gordo Freighting Company had hauled 10,000 bars worth some $4,000,000 over the Bullion Trail which was originally built for the ore of the Cerro Gordo Mines.

Museo Egizio

In the film The Italian Job the entrance hall of the Museo Egizio is the place where the robbers tow the security van in order to transfer the bullion to the three getaway Minis.

Personal Assets Trust

The fund held 50% of assets in equities (in 22 different companies, of which 20% of total assets are in UK equities, 22% in the US, Nestle, of Switzerland, and three miners/oil producers in Canada and Australia), 37.5% in government debt (mostly US Treasury Inflation Protected Securities but also UK and Singapore T-Bills, and the remaining 12.5% in Gold Bullion (held through an ETF).

Scotia-Mocatta

With Peter Hambro as Deputy Managing Director and Henry Jarecki as Chairman, the firm dealt in options and futures trading in precious metals and pursued bullion deals in Russia, the United States, South America, Switzerland, Mexico, Germany, China, Hungary, Australia, Japan and South Africa, and became the largest gold and silver counter party to the Soviet Union.

Snow Treasure

An article published in The Cairns Post, an Australian newspaper, on 22 August 1941, reported that £15,000,000 in gold bullion — packed in 1500 crates and requiring 30 trucks — had been smuggled past German troops from Oslo to Åndalsnes, 300 miles to the north, where British warships were waiting.

West Point Mint

In 1986, American Gold Eagle bullion coins were solely produced at this facility, again with no mint mark.

Yvon Gariepy

The South African Krugerrand, the only other gold bullion coin product at the time, was 22 Karat Gold or .9167 pure.


see also