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Disappointed with 100th anniversary SLQ
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<p>[QUOTE="TheMont, post: 2524507, member: 80121"]I like the fact that the coin was in 100% gold, but that does effect the strike. Pure gold is extremely soft and as such doesn't strike up as sharply as 90% gold, such as the Gold Eagle. It was a small coin, that too added to the problem of proper gold flow as the die came down.</p><p><br /></p><p>Classic gold coins were to be used in circulation, that why they were in 90% gold, to add strength and durability to the coin.</p><p><br /></p><p>By the way, congress passed legislation that in effect could change the composition of American coinage. To paraphrase, silver coinage shall be AT LEAST 90% silver, this replaces the wording that silver coinage WILL BE 90% silver. The silver for American coins comes from American refiners and they produce .999 fine. The mint then sends the silver to Australia so that it is refined down to .90 fine. It will be cheaper for the mint to make their silver coins in .999 rather than pay to ship to the Perth Mint, pay to have copper added, and then pay for the shipment back, I predict that soon those Silver Proof Sets and Commemoratives will be .999 fine.[/QUOTE]</p><p><br /></p>
[QUOTE="TheMont, post: 2524507, member: 80121"]I like the fact that the coin was in 100% gold, but that does effect the strike. Pure gold is extremely soft and as such doesn't strike up as sharply as 90% gold, such as the Gold Eagle. It was a small coin, that too added to the problem of proper gold flow as the die came down. Classic gold coins were to be used in circulation, that why they were in 90% gold, to add strength and durability to the coin. By the way, congress passed legislation that in effect could change the composition of American coinage. To paraphrase, silver coinage shall be AT LEAST 90% silver, this replaces the wording that silver coinage WILL BE 90% silver. The silver for American coins comes from American refiners and they produce .999 fine. The mint then sends the silver to Australia so that it is refined down to .90 fine. It will be cheaper for the mint to make their silver coins in .999 rather than pay to ship to the Perth Mint, pay to have copper added, and then pay for the shipment back, I predict that soon those Silver Proof Sets and Commemoratives will be .999 fine.[/QUOTE]
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Disappointed with 100th anniversary SLQ
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