If it’s value is really a $1 trillion, that’s a lot of platinum. The price of platinum is $1000/oz.
That’s a billion ounce coin.
About 62,500,000 lbs.
The density of platinum is 21.03 g/cm^3
So, 62,500,000 lbs would weigh 28,409,090,909.1g.
This would be a cube approximately, 1,347, 040, 820.73 cm^3, which is 1347.04 m^3
No problem.
Better run your calculations again. Platinum is sold in troy ounces, not avoirdupois.
I’d still manage to lose it!
> If its value is really a $1 trillion, that’s a lot of platinum. <
The relevant law does not require the coin’s stated value to match the coin’s value of platinum. It only requires that coin be made of platinum.
So our good friends in DC can put whatever value they want on the coin. One trillion dollars, ten trillion dollars, one hundred trillion dollars. It doesn’t matter.
Modern monetary policy sure is interesting.
Not really worth a trillion, just like a quarter doesn’t really have 25¢ of copper and nickel... yet.
monetary value of coins is not based on metal value.
you can buy a 1oz gold eagle for 2.3k but face value is $50
Hou can get a copper penny for 1 cent.
a 1oz platinum coin has face value of $100 but it might cost 1.5k
a piece of paper can be $1 or $100. is there a difference in minting cost?
however congress did not place limitations on the value of platinum coins when they were authorized so legally they could mint a billion or trillion dollar platinum coin