What is the AGW of the new Breast Cancer Awareness Gold coin?

BillDugan1959

Just got a bit of a wake-up call - has the Mint issued something other than a five dollar coin with a traditional actual gold weight other than 0.24187 Troy ounces?

I can understand (within reason) the various gyrations necessary to get the pink color, but I assumed the net gold weight would be the same.

This forum bunch can explain/answer this simply, which lots of people can't do.

blitzdude

They certainly didn't make this one easy. According to mint site total weight Is 7.931g, and 85% gold content so AGW 6.74135g or 0.21676 ozT

Disclaimer: I'm no mathematician but I believe this to be accurate. It's like those damn Pandas, why on earth did everything go to 30g?

BillDugan1959

@blitzdude Once I was given a heads up, that AGW of 0.21676 Troy ounce was what I was coming up with too.

Did the Mint (or Congress) decide to keep the SIZE the same and screw the amount of gold?

The Mint is making the future great for serious numismatists and professional jewelers, nobody else is going to be able to wade through all the different standards of gold.

Chinese are forcing a 30 gram pure silver coin standard, they feel Troy weights are medieval nonsense.

BStrauss3

Because 31.1g is too hard to calculate with when you can't do math.

Or they are hoping you don't notice and they make 3.5% extra.

ricko

I will stick with the AGE's or Buffs....I just cannot get interested in this 'Coin of the Month' stuff they are promoting. Yes, I may get a couple as gifts for friends who have won their battle with this affliction, but not for my personal collection. Cheers, RickO