What Are the Different Types of Bullion?

Provident Metals offers a number of different types of bullion including coins, bars, rounds, and bullets. Bullion coins typically have higher premiums because they are legal tender and produced by government mints. Rounds tend to have lower premiums because most are the products of private mints and no round is considered legal tender. Bars also typically have lower premiums and are also produced by private mints. Bullets have become popular with gun enthusiasts, veterans, and historians. Even though the design of bullets replicates the appearance of actual ammunition, none of them are live rounds and are not intended for use with an actual firearm. You can learn more about bullion in our Investing Guide.