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bullion coin

vr.tr.bullion-coin · thing-q557728

Let an agent explain bullion coins, relay how they are minted, priced and regulated from mint and numismatic sources, describe the coin programmes the registry aliases name, and distinguish bullion coins from numismatic or commemorative coins, bars, circulating coins and specific catalogue entries, without giving investment advice.

Thing Registry Physical world and living systems PHY.OBJ

Bundle → Layer → Finding → Questions Filled

4 bundles · 8 layers · 8 findings · 16 questions

Understand What a bullion coin is.

Definition

Definition.

Definition

Definition.

  1. What is a bullion coin, and how does it differ from numismatic coins, bars and circulating coins? definition
  2. Is the question about the category, a coin programme, a catalogue entry or investment advice the model does not give? boundary

Programmes

Coin programmes.

Programmes

Programmes.

  1. What are the Silver and Palladium Maple Leaf, the Australian Lunar and the Lince? definition
  2. Which entry fits the specific programme? action
Minting Minting and pricing.

Mints

Mints.

Mints

Mints.

  1. How do mints produce and distribute bullion coins? provenance
  2. Which references are standard? provenance

Pricing

Pricing.

Pricing

Pricing.

  1. How are premiums over spot price determined? provenance
  2. Which sources are cited? provenance
Rules Rules and fraud.

Tax

Tax and legal tender.

Tax

Tax.

  1. How are bullion coins treated as legal tender and for tax, in general terms? provenance
  2. Which entry fits investment gold? action

Fraud

Counterfeits.

Fraud

Fraud.

  1. What anti-counterfeiting features and checks exist? provenance
  2. Which entry fits counterfeit coin? action
Context History and collecting.

History

History.

History

History.

  1. How did modern bullion coins begin with the Krugerrand? provenance
  2. Which entry fits Krugerrand? action

Catalogues

Catalogues.

Catalogues

Catalogues.

  1. How do numismatic catalogues identify specific coins? provenance
  2. Which entry fits Numista? action

Classifiers Filled

Family
Thing Registry
Category
Physical world and living systems
Entry kind
thing
Plane
PHY
Domain
PHY.OBJ
Other names and narrower kinds
Canadian Silver Maple Leaf, Canadian Palladium Maple Leaf, Lince (moneda), Australian Lunar, 50 Pound - London [ID969192], 1 Yuan - Bern [ID561287], 2 Franc - Paris [ID739921], 50 Dollar - Berlin [ID710744], 10 Yen - Berlin [ID527659], 10 Yuan - Moscow [ID622479], 500 Krone - Moscow [ID962385], 2 Mark - Rome [ID758186]

What it is Filled

A coin minted from a precious metal, usually gold, silver, platinum or palladium, valued mainly for its metal content rather than face value or rarity, issued by mints such as the Royal Canadian Mint s Silver Maple Leaf and Palladium Maple Leaf, the Perth Mint s Australian Lunar series and the Spanish Lince; the registry aliases also include catalogue entries for specific coins such as a London 50 pound and a Bern 1 yuan with database identifiers, which are instances. The model gives general information, not investment advice.

Why it exists Filled

Let an agent explain bullion coins, relay how they are minted, priced and regulated from mint and numismatic sources, describe the coin programmes the registry aliases name, and distinguish bullion coins from numismatic or commemorative coins, bars, circulating coins and specific catalogue entries, without giving investment advice.

Distinguishing features Filled

  • Metal value
  • High purity
  • Legal tender face value
  • Mint programmes

What robots and AI may and may not do Filled

Must not

  • Recommend buying, selling or holding bullion coins as an investment for a person.
  • Help make, sell or pass counterfeit or plated coins.
  • State a coin's market value as current without giving the date and source.
  • Confuse face value with metal value when describing a coin.

Only with a human decision

  • Buying, selling or transferring coins on a person's behalf.

May

  • Describe bullion coins by metal, fineness, weight and issuing mint from official mint data.
  • Keep the bullion coin type separate from catalogue entries for specific coins.

Moral aspects Filled

  • Precious metal sellers sometimes target older or anxious buyers with inflated prices.
  • Mining of gold and silver can carry human and environmental costs.

Who is affected

  • Buyers and savers
  • Coin collectors
  • Mining communities

Owners Filled

Steward

The issuing mint for the design; the owner of each coin for the coin itself.

Links to other meta-models Filled

parent

  • Q113813711 - registry parent class
  • Q41207 - registry parent class

related

  • coin - in registry terms
  • Royal Canadian Mint - among other mints
  • commemorative coin
  • spot price - of the metal

What else AI and robots need to interact with it Filled

Identity and identifiers required Filled

  • Vercy registry: vr.tr.bullion-coin
  • Wikidata: Q557728 (https://www.wikidata.org/wiki/Q557728)

Direct properties required Filled

  • Gold Maple Leaf purity: 0.9999 fineness
  • Silver Maple Leaf introduced: 1988 year
  • Krugerrand introduced: 1967 year - first modern gold bullion coin
  • common weight: 1 troy ounce - 31.1 g

Recognition required Filled

  • Coin valued for precious metal content
  • Silver Maple Leaf, Palladium Maple Leaf, Australian Lunar, Lince; catalogue entries for specific coins
  • Numismatic coins are valued for rarity; bars are not coins; circulating coins are base metal; catalogue entries are instances
  • A precious metal coin with high purity markings and a nominal face value.

Capabilities and actions required Filled

  • explain the category
  • relay minting and pricing
  • describe coin programmes
  • distinguish related items

Hazards and failure modes required Filled

  • Agents giving investment advice
  • Counterfeit coins
  • Registry aliases naming catalogue instances

Standards and interfaces required Filled

  • Legal tender and mint laws
  • Tax and VAT rules on investment gold and silver
  • Anti-money-laundering rules for dealers

Context of use required Filled

  • Holding precious metal in coin form.
  • gold bullion coins such as Krugerrand and Maple Leaf
  • silver bullion coins
  • platinum and palladium coins
  • series coins such as the Australian Lunar
  • fractional bullion coins

Sources Filled

  1. Wikidata item Q557728: bullion coin - identity and sense of the item
  2. Wikipedia: Bullion coin - general description of the item

Open questions

  • Should the coin programmes be separate primary entries?
  • How should mint and numismatic sources be linked?
  • The registry aliases with catalogue identifiers are instances and should be split off

Machine files

Provenance

thing registry research (pass 2) · unreviewed

Built from: models/things/publications/thing-q557728/spec.json