Why would anyone pay the spot price for 1oz of pure gold (99.99%) for a 1oz coin coin that is only 91.6% gold?
Bring back US manufacturing, and none of this discussion would be necessary.
Stop exporting US jobs.
You have to buy them from somebody on the USG’s list of dealers, who are themselves charged three or four percent to start with. You can’t buy them direct from the mint or the treasury.
Are you new to this? A one ounce gold coin contains one ounce of gold. If they are soft pure 24C gold, the coin weighs one ounce. (Troy, of course, we are talking about.)
If they are harder 22C gold, they still contain one ounce of gold, plus copper, silver and other metals to make them harder and more durable. In that cases, the coins weigh about 1.1 ounce, with 1.0 ounces of it being pure gold.
Really, you didn’t know this?
portability and recognized content and a market value based on those factors
I’m not paying anyone for “gold bullion” from some 3rd world country
The Eagle contains 1oz of pure gold, and a little bit of silver to make it a tougher coin. So you get 1oz of gold and aprox. 1/10th of an oz of silver thrown in for "free".
But I do prefer Maple Leafs myself.