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<p>[QUOTE=&quot;Dymaxion22, post: 47735, member: 964&quot;]<b>New U.S. 24-karat Gold Coin</b></p><p><br /></p><p>I just came across this article about the U.S. planning to issue a 24-karat gold coin:</p><p><br /></p><p><a href="http://money.cnn.com/2005/04/19/pf/gold_coin/index.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://money.cnn.com/2005/04/19/pf/gold_coin/index.htm" rel="nofollow">http://money.cnn.com/2005/04/19/pf/gold_coin/index.htm</a></p><p><br /></p><p>So many questions jump to mind that I&#039;m not sure where to begin, but I am curious to hear the general thoughts of those here.&nbsp; Also, if anyone can point to more detailed information, I&#039;d be grateful.</p><p><br /></p><p>Will the U.S. continue to issue the current 22-karat gold eagles, or will the new 24-karat replace the current eagles?&nbsp; If the answer is &quot;replace&quot;, do you think they&#039;ll use a new design, or just make eagles with the same design, only using 24-karat instead of 22-karat gold?</p><p><br /></p><p>Is the spot price of gold keyed to either 22 or 24-karat?&nbsp; I understand that the current 22-karat 1-ounce gold eagle weighs slightly more than 1 ounce because of the alloys, but that they are guaranteed to contain one once of gold.&nbsp; So will the 24-karat &quot;one ounce&quot; coin weigh slightly less (or more?) than the 22-karat &quot;one ounce&quot; coin but still contain one ounce of gold?&nbsp; </p><p><br /></p><p>What effect could this have on the value of the U.S. 22-karat gold coins?</p><p><br /></p><p>Dymaxion</p><p><br /></p><p>P.S. ---------------</p><p><br /></p><p>The U.S. Mint press release provides answers to some of the questions above.&nbsp; </p><p><br /></p><p><a href="http://www.usmint.gov/pressroom/index.cfm?action=press_release&amp;ID=581" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.usmint.gov/pressroom/index.cfm?action=press_release&amp;ID=581" rel="nofollow">http://www.usmint.gov/pressroom/index.cfm?action=press_release&amp;ID=581</a></p><p><br /></p><p>They intend to continue the 22-karat gold eagle series and also issue the new 24-karat coins.&nbsp; So how will they be priced relative to each other and relative to the spot price of &quot;gold&quot;?[/QUOTE]</p><p><br /></p>

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