Comments on: US Mint Sales: Bullion Coins Soar, Quarters Proof Set Ends

By: Joe Man

Joe Man — Fri, 14 May 2010 00:08:28 +0000

The Gold American Eagle IS 22k(carat). 1 oz. fine(.999)Gold IS imprinted on the coin because there Is in fact 1 ounce of fine Gold in the coin. If you happen to have a Gold Buffulo and an American Eagle, weigh one and then the other. The Eagle weighs more, not much but it does. The Eagle does contain 1 oz of pure Gold But also other metal. Thats why it weighs a tad more than an ounce. Ask the Mint if it is 22k(carat). The U.S. is the only country that gets by with this. They are not lying when they say it contains 1 ounce of pure Gold, it doe’s. Just like 1 1/4 oz of 18k(carat) Contains 1 ounce of Pure Gold. You could in fact make a coin out of 1 and 1/4 ounce of 18k and say that contains 1 ounce of Pure Gold. That would not be an untruth. It would just weigh more. 22 carat is 22 carat.

By: Christopher Wyatt

Christopher Wyatt — Thu, 13 May 2010 22:23:19 +0000

Oops, I guess I goofed… everywhere I go describes the American Eagle as .917 fine coin, which is 22k. Why did I always think it was .999 instead? Hmm, sorry for the mix-up!

By: Christopher Wyatt

Christopher Wyatt — Thu, 13 May 2010 21:54:10 +0000

Why do people keep describing the Gold Eagle as a “22-karat” coin?

First of all, while the word ‘carat’ is abbreviated as ‘k’, the proper spelling is actually with a ‘c’ as in carat, not karat.

More importantly, however, the U.S. Gold Eagle is a .999 Fine Coin- which is a much higher level of refining than 22-carat. If You were to convert .999 Fine in to a carat measurement it would be 23.976k, not 22k. I can forgive You b/c there’s also lots of other people who make the same mistake, but PLEASE, get it straight!!

By: Jefferson

Jefferson — Thu, 13 May 2010 20:51:30 +0000

The U.S. is now a failed State.
Buy Gold and Silver and you will survive the impending Hyperinflation.
Buy food so your children can eat.
Buy bullets to defend you personage
It’s coming