BULLION TERMINOLOGY - A

*Sourced from Kitco.com*

Acid Test

A method of identifying gold, platinum and palladium by scratching the tested piece on a jewelerer's stone and applying acid to the sample.
 

Allocated storage

Physical precious metals stored in a secure facility under your name. Storage is segregated and you have title to the specific metals that are stored.
 

Alloy

A combination of two or more metals mixed to obtain a product whose properties exceed those of each individual metal, such as hardness, conductivity, durability, etc.
 

American Eagle

See Gold American Eagle, Silver American Eagle, Platinum American Eagle.
 

Ask

The dealer's live selling price for an ounce of raw metal (not including fabrication cost). This may differ from the Spot Price
 

Assay

Process of estimating the content of precious metals in a sample through different testing methods. Example: acid test, x-ray fluorescence, electrical impedance, etc.
 

Australian Kangaroo

The Australian Kangaroo coins are produced by the Perth Mint in gold, silver and platinum. This coin is the epitome of all things Australian, and its design changes every year since 1989. The Gold Kangaroos weigh 1 troy oz and have a purity of 99.99% (24k). The Silver Kangaroos weigh 1 troy oz and have a purity of 99.99%.
 

Australian Koala

One of the most popular coin series ever made by the Perth Mint of Western Australia. Minted with very slight modifications every year, these bullion coins come in Gold and Silver and always feature a striking image of the koala and an effigy of Her Majesty Queen Elizabeth II.
 

Austrian Mint

Located in Vienna, the Austrian Mint is a subsidiary of the National Bank of Austria since 1989. The Mint manufactures the highly traded Gold Philharmonic and Silver Philharmonic coins, the only bullion coins denominated in euros. The Gold Philharmonic coin was introduced in 1989 and is available in different weights, from 1 oz to 1/10 oz.  Ever since its introduction in 2008, the Silver Austrian Philharmonic coin was a success worldwide.
 

Austrian Philharmonic

Coin produced by the Austrian Mint, which is owned by the Austrian Central Bank, the sole maker of Austrian-issue Euro circulation and bullion coins. The Philharmonic coins celebrate one of Austria’s most cherished cultural assets — the Wiener Philharmoniker or Vienna Philharmonic Orchestra, a classical ensemble that is widely regarded as one of the best orchestras in the world. The Austrian Philharmonic coins come in gold, silver and platinum.

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