Tube (for bullions)

A tube is a common term used in the context of bullion coins or rounds made of precious metals such as gold, silver, platinum, and palladium.

A tube refers to a cylindrical container made of plastic or cardboard, used to store and transport a specific number of bullion coins or rounds. Tubes come in various sizes, depending on the diameter and height of the coins or rounds they are designed to hold.

Tubes are commonly used by precious metal dealers, investors, and collectors who purchase bullion coins or rounds in bulk quantities. They provide a secure and organized way to store and transport these valuable items, as well as a convenient way to count and verify the contents of the tube.

For example, a tube of American Silver Eagles, which are one-ounce silver coins produced by the United States Mint, typically holds 20 coins. Similarly, a tube of Canadian Gold Maple Leafs, which are one-ounce gold coins produced by the Royal Canadian Mint, typically holds 10 coins.

Overall, tubes are an essential tool for anyone who deals with bullion coins or rounds made of precious metals, as they offer a practical and secure way to store and transport these valuable assets.