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<p>[QUOTE=&quot;-jeffB, post: 3318101, member: 27832&quot;]$5 vs. $1280 per troy ounce?</p><p><br /></p><p>And <b>it is being used to make fake coins right now</b>. Not gold-plated, but gold-enrobed tungsten discs, with the gold layer thick enough to support striking. I don&#039;t have the links ready to hand, but as I recall the fakes sold for about a third the price of an ounce of gold, and contained little enough gold for the manufacturer to turn a profit.</p><p><br /></p><p>$400+ isn&#039;t cheap, but if you can reliably buy for $400 and sell for $1200, that looks like a business model. Not a legal one, but a business model.</p><p><br /></p><p><br /></p><p><br /></p><p>I don&#039;t see much evidence that .999(9) gold is harder to counterfeit than .900 or 22K gold. Tungsten slugs are applicable for both.</p><p><br /></p><p>The security features of the coin and DNA authentication may pose up-front challenges, but once those are overcome (which may already have happened), those costs get amortized across production at scale. And <i>even if no counterfeits existed when you bought your bullion</i>, so that you have 100% confidence it&#039;s real, that provides no guarantee for the day you&#039;re ready to sell or trade it.</p><p><br /></p><p>When it&#039;s time to barter, the best choice will be <i>whatever your counterparty is most comfortable with</i>. In today&#039;s US, my best guess is that that would be US issues. But I&#039;ll freely admit that I haven&#039;t given this much thought, and I&#039;ll continue to listen to counterarguments.[/QUOTE]</p><p><br /></p>

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