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Is There Really Such A Thing As A 100% Gold Coin, Item Or Whatever?

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4504's Avatar
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 Posted 02/13/2017  08:22 am Show Profile   Bookmark this topic Add 4504 to your friends list Get a Link to this Message Number of Subscribers
hello all

we've all seen these 99+ percent solid gold purity coins and such. ok, they are 24k coins. Canada and China seem to be the most well known, with their 9999% coins and taels. sometimes there is a period placed in there, such as a 999.9 coin, or no period at all... does that really matter if there is a period or where it is put? I do not think so myself...

ok, the real question. I have yet to see any recent gold coins or whatever that is advertised as 100%, or stamped 1000% (percentage symbol added by me) pure gold coin or item. reason I ask is that I saw this item, a Chinese tael, stamped as "1000". it is not the first time I have seen this in taels.

I own a couple of gold taels, both are stamped 9999. personally, and I could be wrong, I think it is impossible to have a 100% pure anything, much less a gold coin, tael or whatever. take a look...

http://www.ebay.com/itm/Chinese-Tae...5?"doughnut" taels as well.

keep in mind that these types of taels are usually about 40 years or so older, so I do not know if certain laws or rules regarding purity, if there were or are any, were in place 60 years ago. I have yet to see a gold tael in these shapes (doughnut, square or boat) any newer than about 40 years ago.

I would be interested in your opinions. is it possible to have a 100% purity, or is it a myth? Is there anybody out there that has a tester that actually indicated this "1000" figure on a gold item?

thanks... mike

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BStrauss3's Avatar
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 Posted 02/13/2017  08:47 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
The longer and more expensive the refining process, the purer the gold. There is no way to prevent a few atoms of other metals from being part of the alloy.

There was a video posted a week or two back that shows the process the Canadian mint uses to refine from .999 to .9999 and IIRC it takes a week.


Technical, you should have the dot or a %, but most people translate 999 to 0.999 or 99.9% unambiguously.
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Andrew99's Avatar
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 Posted 02/13/2017  10:43 am  Show Profile   Bookmark this reply Add Andrew99 to your friends list Get a Link to this Reply
99.99% is 100%. 99.999% is 100.0%. There is no such thing as 0.0000>>% impurities to floating point precision. Still, its a convention that gold is not stamped as 100% or 100.0% even though you could.
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Alpha2814's Avatar
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 Posted 02/13/2017  10:57 am  Show Profile   Bookmark this reply Add Alpha2814 to your friends list Get a Link to this Reply
Your presumption is correct -- it's impossible to get 100% pure anything, with absolute precision. Something is always going to sneak in or escape the purification process.
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coin197's Avatar
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 Posted 02/13/2017  12:48 pm  Show Profile   Bookmark this reply Add coin197 to your friends list Get a Link to this Reply
You can't really get anything 100% pure. Some atoms of dust probably make the other .0001%.
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4504's Avatar
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 Posted 02/13/2017  1:04 pm  Show Profile   Bookmark this reply Add 4504 to your friends list Get a Link to this Reply
thanks for the replies. regarding the "period" of the pureness, I saw one (not a tael) that was stamped .9999

There was one year that Canada stamped a 99999 (five nines) on a coin, but I would have to check again to see on which coin (problably the maple leaf) or where the period is at.

again... thanks, mike
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nfine's Avatar
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 Posted 02/13/2017  1:12 pm  Show Profile   Bookmark this reply Add nfine to your friends list Get a Link to this Reply
The answer is no, there is not a 100% gold coin available period.
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Alpha2814's Avatar
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 Posted 02/13/2017  1:55 pm  Show Profile   Bookmark this reply Add Alpha2814 to your friends list Get a Link to this Reply
There may not always be a period. When stating purity, this-close-to-100% is implied. So "9999" would be 99.99%. Let's face it -- 9.999% or .9999% would be silly, and 999.9% would be just plain wrong.
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Steele's Avatar
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 Posted 02/13/2017  9:00 pm  Show Profile   Bookmark this reply Add Steele to your friends list Get a Link to this Reply
technically a 9.999% gold coin isn't even gold
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Slamnbass's Avatar
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 Posted 02/13/2017  10:37 pm  Show Profile   Bookmark this reply Add Slamnbass to your friends list Get a Link to this Reply
Very true ^
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nss-52's Avatar
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 Posted 02/13/2017  10:48 pm  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply

Quote:
technically a 9.999% gold coin isn't even gold


Neither would " .9999% "
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llewellin's Avatar
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 Posted 02/13/2017  10:50 pm  Show Profile   Bookmark this reply Add llewellin to your friends list Get a Link to this Reply
You can get some elements 100% pure by growing them in a single crystal. Silicon is one notable example. However for a bulk material like gold for a coin there is always a spec regarding purity that depends on the amount of refining completed and/or possible.
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nss-52's Avatar
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 Posted 02/13/2017  10:52 pm  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply
This reminds me of quite a few years back (maybe 20), they advertised in my local Burger King a special --

Whopper .99¢

The cashier just looked at me with a blank stare when I said keep the change from the Lincoln Cent.
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nss-52's Avatar
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 Posted 02/13/2017  10:53 pm  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply
Who has an XRF machine? What does it read when you use it on a "999" pure precious metal coin?
Edited by nss-52
02/13/2017 10:58 pm
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Slamnbass's Avatar
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 Posted 02/13/2017  11:15 pm  Show Profile   Bookmark this reply Add Slamnbass to your friends list Get a Link to this Reply
Took me an extra second on that one NSS
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DavidUK's Avatar
United Kingdom
2624 Posts
 Posted 02/14/2017  07:00 am  Show Profile   Bookmark this reply Add DavidUK to your friends list Get a Link to this Reply
Agree with the above and the same goes for the description of 24ct jewellery...any worked/soldered item can't be 24ct pure.
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