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The lack of consistency in bullion is infuriating
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<p>[QUOTE="myownprivy, post: 3625104, member: 84588"]It makes no difference to me if it's 999 or 9999 or 9999. But it makes a big difference if it's less than 99% (i.e. pure).</p><p><br /></p><p>It's a shame so many Americans are duped into buying 91.67% gold Eagles. It's not jewelry! It's not circulating money! It doesn't need to be super durable. So all it does is make the coin bigger than it needs to be with the inferior copper and silver added to it that only makes it more likely to copper spot.</p><p><br /></p><p>The same goes for the silly historical reasons of the respective mints still pumping out ducats and sovereigns. There is no need for the alloy. Make it pure gold.</p><p><br /></p><p>Thankfully, the Eagle is not as bad as the Ducat or Sovereign because the Eagle still reaches full, common fractions (tenth, quarter, half, and full ounce). So I respect that. I simply find the other metals unnecessary. </p><p><br /></p><p>The worst is the .11 nonsense actual god weight on the ducat or that .23whatever-less-than-a-quarter-ounce agw on the sovereign. I am good at math, but if I own 10 ducats I want it to be an ounce. If I own 4 sovereigns I want it to be an ounce. </p><p><br /></p><p>Again, we come back to the mighty Maple: it is only gold .9999. It has common fractions (1/10, 1/4, 1/2, full ounce). And it has impenetrable security features: privy mark + radial lines + basic specs of weight/diameter/width/art+ the RCM DNA technology.[/QUOTE]</p><p><br /></p>
[QUOTE="myownprivy, post: 3625104, member: 84588"]It makes no difference to me if it's 999 or 9999 or 9999. But it makes a big difference if it's less than 99% (i.e. pure). It's a shame so many Americans are duped into buying 91.67% gold Eagles. It's not jewelry! It's not circulating money! It doesn't need to be super durable. So all it does is make the coin bigger than it needs to be with the inferior copper and silver added to it that only makes it more likely to copper spot. The same goes for the silly historical reasons of the respective mints still pumping out ducats and sovereigns. There is no need for the alloy. Make it pure gold. Thankfully, the Eagle is not as bad as the Ducat or Sovereign because the Eagle still reaches full, common fractions (tenth, quarter, half, and full ounce). So I respect that. I simply find the other metals unnecessary. The worst is the .11 nonsense actual god weight on the ducat or that .23whatever-less-than-a-quarter-ounce agw on the sovereign. I am good at math, but if I own 10 ducats I want it to be an ounce. If I own 4 sovereigns I want it to be an ounce. Again, we come back to the mighty Maple: it is only gold .9999. It has common fractions (1/10, 1/4, 1/2, full ounce). And it has impenetrable security features: privy mark + radial lines + basic specs of weight/diameter/width/art+ the RCM DNA technology.[/QUOTE]
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The lack of consistency in bullion is infuriating
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