Bullion coins Non-circulating bullion coins have been produced each year since 1986. They can be found in gold, silver, platinum (since 1997), and palladium (since 2017). The face value of these coins is legal as tender, but does not actually reflect the value of the precious metal contained therein. On May 11, 2011, Utah became the first state to accept these coins as the value of the precious metal in common transactions. The Utah State Treasurer assigns a numerical precious metal value to these coins each week based on the spot metal prices. The bullion coin types include "S" (San Francisco, 1986–1992), "P" (Philadelphia, 1993 – 2000), and "W" (West Point, New York, 2001–present).
Bullion coins Non-circulating bullion coins have been produced each year since 1986 They can be found in gold silver platinum (since 1997) and palladium (since 2017) The face value of these coins is legal as tender but does not actually reflect the value of the precious metal contained therein On May 11 2011 Utah became the first state to accept these coins as the value of the precious metal in common transactions The Utah State Treasurer assigns a numerical precious metal value to these coins each week based on the spot metal prices The bullion coin types include "S" (San Francisco 1986–1992) "P" (Philadelphia 1993 – 2000) and "W" (West Point New York 2001–present)