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<p>[QUOTE=&quot;Conder101, post: 1008879, member: 66&quot;]Well they&#039;ve learned that it has to have a denomination in order to sell to colectors as a coin.&nbsp; They are NOT interested in having the coin actually in circulation so they want the denomination to be significantly less than the value of the metal.&nbsp; Also if the face value is well above the metal value&nbsp; you aren&#039;t going to be able to sell the coins because you would have to charge the face value rather than the bullion value.&nbsp; In 1985 when the gold eagle was authorized gold was around $400 and oz and a $50 face value seemed reasonable.&nbsp; They have simply kept that denomination rather than constantly changing it as gold rose or fell over the years.[/QUOTE]</p><p><br /></p>

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