Gold content question
jetpro
Posts: 126
If the Buffalo is .9999 gold and the 1 oz. Eagle is .9167 gold, how are they both considered to be one ounce coins? Am I not understanding something about content? Pardon the silly question but I just started posting yesterday. Thanks.
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Comments
The gold eagle weighs 33.391 g, but at 0.9167 fine, it has 31.1 g of gold.
The gold buff weighs 31.1 g, and it has 31.1 g of gold.