PL, MS 65, proof, ...

Discussion in 'Coin Chat' started by koen, Jan 16, 2012.

  1. brg5658

    brg5658 Well-Known Member

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  3. koen

    koen New Member

    thanks again for the info ;)
     
  4. koen

    koen New Member

    one more thing.
    What is ASW? AGW?
     
  5. AdamL

    AdamL Well-Known Member

    And by the way, the mint mark is not always on the obverse (front or heads) side of the coins. On some types of coins it is on the reverse (back or tails) side. What you need is a Redbook. It has all of the basic information on U.S. coins. Its a very handy tool.
     
  6. brg5658

    brg5658 Well-Known Member

    ASW = Actual Silver Weight

    AGW = Actual Gold Weight

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    These terms are used for gold and silver coins to give you actual weight of the silver or gold parts of the coin. Most coins are not 100% or 99.99% of silver or gold, but are lesser percents (80%, 92.5%, etc). Thus, the total weight of the coin is not all silver or gold, but only a portion of it.

    For example, a Morgan dollar weighs 26.73 grams, but it is only 90% silver. Thus, the ASW is 26.73 * 0.90 = 24.06 grams. There are 31.10 grams in a Troy Ounce of silver. So you will often see it reported that a Morgan Dollar contains (24.06 / 31.10) = 0.7735 ozt of pure silver. Or simply put, you may see ASW = 0.7735 ozt.
     
  7. koen

    koen New Member

    and again thaks for the explenation.
    Man i am getting smart doing this :p
     
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