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Bullion; monetary metals as merchandise in any form but that of standard coins. Gold and silver bullion are usually in the form of bars or ingots, but they may also be in the form of refined ores or nonstandard coins, such as worn or foreign coins that are valued solely for their weight and fineness.[1]


  1. Percy L. Greaves, Jr. "Mises Made Easier ", 1974. Referenced 2014-06-24.