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Which Gold Purity to Get for a Bullion coin.
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<p>[QUOTE="fatima, post: 1334019, member: 22143"]There is no difference. When it comes to official mint coins, gold is gold. Doesn't matter if it is coin gold, 22 karat, or pure gold, 24 karat. </p><p><br /></p><p>IMO, from a technical perspective as it relates to bullion (what this forum is about), coin gold is preferable to pure gold because it's more durable. That is, they won't get damaged in your tubes of 20 coins. You can put a few of these coins in your pocket and let them jiggle around. Try that with a pure gold coin. .9999 & .99999 gold is nothing but a gimmick. The few atoms of extra purity is a good way to squeeze extra profits out of the buyer.</p><p><br /></p><p>The most popular gold coin in the USA by sales, the American Gold Eagle is 22 karat gold. The most popular gold bullion coin of all time by sales is the Krugerrand, which is also 22 karat gold. 22 karat = coin gold = .9167.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1334019, member: 22143"]There is no difference. When it comes to official mint coins, gold is gold. Doesn't matter if it is coin gold, 22 karat, or pure gold, 24 karat. IMO, from a technical perspective as it relates to bullion (what this forum is about), coin gold is preferable to pure gold because it's more durable. That is, they won't get damaged in your tubes of 20 coins. You can put a few of these coins in your pocket and let them jiggle around. Try that with a pure gold coin. .9999 & .99999 gold is nothing but a gimmick. The few atoms of extra purity is a good way to squeeze extra profits out of the buyer. The most popular gold coin in the USA by sales, the American Gold Eagle is 22 karat gold. The most popular gold bullion coin of all time by sales is the Krugerrand, which is also 22 karat gold. 22 karat = coin gold = .9167.[/QUOTE]
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