Investment coins made of gold and silver 
Automatic translate
Each state has a variety of coins called investment, hoarding or weight coins. These are special coins that are made from precious metal. You won’t see them in circulation and are unlikely to be accepted as payment in a store. Special products are cast from silver and gold, by analogy with gold bars, they are a way to invest your capital in a bank - hoardings. They are also of considerable interest to collectors.
Markings and varieties
On modern investment coins, information is indicated in more detail so that you can easily determine its price and affiliation:
- weight in grams (for variations of Russian banks);
- weight in ounces of each component of the chemical substance;
- nominal cost.
Coins are produced from various precious metals:
- silver;
- gold;
- platinum;
- palladium
The first copy was released not so long ago - in 1967, the South African Krugerrand was cast. Also, in addition to specially cast ones, the following are usually classified as investment:
- being memorial relics and passed down from generation to generation;
- anniversary ones, which have characteristic designations - for the 70th anniversary of Victory in the Second World War, for the celebration of the 50th anniversary of Soviet power or the millennium of Russia in Novgorod;
- commemorative, usually minted on the occasion of important historical dates and produced in small editions, which attracts the attention of collectors. They can be used for payment, since formally they do not differ from ordinary ones. The increased selling price depends on demand from collectors.
Differences in quality, as you can find specimens in two variations:
- UNC (AC) is an excellent condition, stands for “Uncirculated” - “has not been in circulation.” This corresponds to new, just released species.
- Proof (improved). Modernized types belong to this category - their surface is mirror-like and their appearance is more attractive than similar AC types. They have a higher value for numismatists.
Both options are issued by banks in Russia and foreign countries. You can select a specific version and estimate its value by taking a printout from the manufacturer’s bank, using special online services, or contacting an appraiser.
Name options
Precious metal coins are not quoted as currency, so there are no official rates at which they can be sold or purchased. First you need to calculate the cost and then build on the buyer’s offer.
For example, a popular version of the silver coinage of “St. George the Victorious”. Let’s take a closer look at how much you can buy the 2017 St. George the Victorious coin; it corresponds to 999/1000 fineness, the weight of pure metal is 31.1 g = 1 ounce. The circulation amounted to 500 thousand pieces. That is, the discount price of the Central Bank of Russia for silver is 30 rubles/year, 31.1 × 30 = 933 rubles.