What is a medallion and what are its denominations?
A. Medallions are basically coins of gold and silver with artistic imprints or embossing. Medallions are used as souvenir gift items or collectibles since time immemorial. In India MMTC is the only company who is having in-house facility of both manufacturing and assaying of medallions in the organized sector. Medallions are available of both gold and Silver variety in various weights ranging from half gm to kg bars. Both silver and gold medallions are of purity/ fineness 0.999 and 0.9999.
