Home U.S. Coin Forum

Purity not worth purity value?

joeykoinsjoeykoins Posts: 16,655 ✭✭✭✭✭
edited October 26, 2021 12:43AM in U.S. Coin Forum

Hi guys, I was wondering. If a coin or in this case, bullion. Has the more purity of Silver but a coin that has less purity of Silver, has the most value? What? Lol. Same size coin but the one with less silver purity is the one that has the most value? Ok? Here are the coins I'm talking about.

The American Silver Eagle

With

.999 Silver

The Canadian Maple Leaf

with

.9999 Silver




Now, I do realize that both have the 1 Troy Ounce contents. However, just doesn't seem fair or ethical?
Thanks guys :*

"Jesus died for you and for me, Thank you,Jesus"!!!

--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.

Comments

  • JBKJBK Posts: 15,893 ✭✭✭✭✭
    edited October 26, 2021 1:41AM

    The RCM has a refined refining ( :o ) process that takes it out to four places. Makes no practical difference.

    Cost is based on demand.

  • daltexdaltex Posts: 3,486 ✭✭✭✭✭

    Collect what you like!

  • OldhoopsterOldhoopster Posts: 2,930 ✭✭✭✭✭

    Nothing unfair or unethical. Each coin has 1 troy ounce of silver. The Eagle coin has a minimum of 1.000 ounces of silver and 0.001 ounces of other stuff and the Maple leaf has a minimum of 1.0000 ounces of silver and 0.0001 ounces of other stuff. You also need to remember that those are the MINIMUM purities. The actual coins could vary slightly on the higher silver side

    Much ado about nothing IMO, but as others have said, there is nothing wrong with choosing one over the other if you think the purity is important

    Member of the ANA since 1982
  • PerryHallPerryHall Posts: 46,436 ✭✭✭✭✭

    From a practical viewpoint, 999 silver is considered to be pure silver and can be used for any practical application that requires silver. The use of 9999 designation is more of a marketing ploy. Keep in mind ASE's are far more popular and easier to market.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • Namvet69Namvet69 Posts: 9,111 ✭✭✭✭✭

    Number 9, number 9, number 9, so said the boys from Liverpool. Peace Roy

    BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun, MichaelDixon, NickPatton, ProfLiz, Twobitcollector,Jesbroken oih82w8, DCW

  • keetskeets Posts: 25,351 ✭✭✭✭✭

    if this is the sort of thing that concerns you it seems you are lost and not collecting coins. get back to Variety searching and show us what you find, it's much more interesting than bullion. B)

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    The value is based on collector demand - and the 'difference' in purity is mainly a marketing tool. Cheers, RickO

  • Mr_SpudMr_Spud Posts: 5,864 ✭✭✭✭✭

    Maybe the SAE has 0.0009% platinum

    Actually both .999 and .9999 round to 1

    Mr_Spud

  • Downtown1974Downtown1974 Posts: 6,876 ✭✭✭✭✭

    One in the same from a bullion standpoint. Both an ounce of silver. Both suffer from milk spotting.

  • Jzyskowski1Jzyskowski1 Posts: 6,650 ✭✭✭✭✭

    Saw a post that showed the teeny tiny amount the extra 9 adds.
    I will go with marketing. That’s a hair being split too many ways 😉

    🎶 shout shout, let it all out 🎶

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file