What is a fine gold coin?

This fineness is generally expressed with a three-figure number; for example, a fine Gold coin or bar which contains 99.9 percent Gold would be labelled 999 or .999. Beware, though, because when it is not accompanied by a number, “fine Gold” may be used as a name for Gold dust.

What is a five nines fine gold coin?

This Gold is sometimes referred to as “five nines fine.” The Royal Canadian Mint produces commemorative coins from this Gold. Just below this is 999.9, or “four nines” Gold. The U.S. Mint produces the American Buffalo in 9999 Gold, while the Royal Canadian Mint gives us Canadian Gold Maple Leaf coins in this fine Gold.

Are 999 fine silver coins worth it?

The 999 fine silver coins are much more expensive than less pure options such as the old 90% silver coins. Of course the fine silver coins look better but they still sell at a high premium above their scrap silver price. For bullion purposes fine silver bars sell at a much lower premium than coins. Markings will be found on every fine silver item.

What is fine silver?

Fine silver is defined by its purity. Any silver used for investment or trade on metal and commodities exchanges must be 99.9 percent pure, or .999, sometimes referred to as “three nines fine.” Investment grade fine silver is stamped with a hallmark certifying its purity. Sterling silver used in jewelry, for example, has a purity of 92.5 percent.