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The biggest, baddest, gold coin that ever circulated?
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<p>[QUOTE="Gam3rBlake, post: 8208009, member: 115909"]Ok so by “circulated” I mean that a coin was minted in large numbers by a sovereign mint intended to be used in day to day commerce.</p><p><br /></p><p>Thus commemoratives, fantasy coins and bullion coins do not apply. So the $50 gold Panama commems are ineligible.</p><p><br /></p><p>Having said that I’ve kept my eye out for a while and I haven’t found a coin that contains more gold than the British “quintuple sovereign” or £5 gold coin.</p><p>[ATTACH=full]1439104[/ATTACH]</p><p><br /></p><p><br /></p><p>Now I’m sure some of you are asking:</p><p><br /></p><p>“How much pure gold was in the £5 coin?”</p><p><br /></p><p>A whopping 1.17 troy ounces! That’s the pure gold content but the coin weighed more due to being 22K crown gold with a copper alloy.</p><p><br /></p><p>Keep in mind at this time the biggest gold coin in the good ol’ USA was the $20 Double Eagle which “only” contained just shy of 1 troy oz. In other words back then £1 was worth roughly $5. Pretty crazy considering the dollar in those days was a force to be reckoned with.</p><p><br /></p><p><br /></p><p>Has anyone seen a larger gold coin that was actually intended and used for circulation?[/QUOTE]</p><p><br /></p>
[QUOTE="Gam3rBlake, post: 8208009, member: 115909"]Ok so by “circulated” I mean that a coin was minted in large numbers by a sovereign mint intended to be used in day to day commerce. Thus commemoratives, fantasy coins and bullion coins do not apply. So the $50 gold Panama commems are ineligible. Having said that I’ve kept my eye out for a while and I haven’t found a coin that contains more gold than the British “quintuple sovereign” or £5 gold coin. [ATTACH=full]1439104[/ATTACH] Now I’m sure some of you are asking: “How much pure gold was in the £5 coin?” A whopping 1.17 troy ounces! That’s the pure gold content but the coin weighed more due to being 22K crown gold with a copper alloy. Keep in mind at this time the biggest gold coin in the good ol’ USA was the $20 Double Eagle which “only” contained just shy of 1 troy oz. In other words back then £1 was worth roughly $5. Pretty crazy considering the dollar in those days was a force to be reckoned with. Has anyone seen a larger gold coin that was actually intended and used for circulation?[/QUOTE]
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