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How Much Gold Is Numismstic?

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Scarp9603's Avatar
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 Posted 10/21/2016  04:41 am  Show Profile   Bookmark this reply Add Scarp9603 to your friends list Get a Link to this Reply
I thought 8.3 means the total amount of gold coins ever made is only 4.66 PERCENT of all the gold ever mined.
Edited by Scarp9603
10/21/2016 04:46 am
Valued Member
Scarp9603's Avatar
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 Posted 11/20/2017  5:13 pm  Show Profile   Bookmark this reply Add Scarp9603 to your friends list Get a Link to this Reply
"after the government had officially bought up all privately held gold, the Treasury estimated that there was still some $287 million worth of gold coins in private hands."

At $20.67/ounce,
that would be about
14 million troy ounces,
worth about $19 Billion today

http://www.latimes.com/opinion/op-e...2-story.html
Edited by Scarp9603
11/20/2017 10:30 pm
Valued Member
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 Posted 08/28/2019  4:33 pm  Show Profile   Bookmark this reply Add Scarp9603 to your friends list Get a Link to this Reply
https://www.usagold.com/cpmforum/go...eizure-ganz/

How-Much-Gold-Is-Numismstic?

This would mean about 155 million ounces of old U.S. gold coins are still in private hands.
Edited by Scarp9603
08/29/2019 2:30 pm
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