Replies

The 1 ounce gold and silver bullion coins have a missing reed as an anti-counterfeiting measure. Per the US Mint web site, “The one ounce coin includes anti-counterfeit variable reeding.”

3 posted on 02/23/2022 5:30:57 PM PST by Hetuck ("We will Barry you" - Nikita Khrushchev)

To: Hetuck; SteveH

I believe this variable reeding was introduced this year.

4 posted on 02/23/2022 5:31:55 PM PST by Hetuck ("We will Barry you" - Nikita Khrushchev)

> The 1 ounce gold and silver bullion coins have a missing reed as an anti-counterfeiting measure. Per the US Mint web site, “The one ounce coin includes anti-counterfeit variable reeding.”

Thanks. I imagine you looked here, under the gold proof page:

https://catalog.usmint.gov/american-eagle-2022-gold-proof-four-coin-set-22EF.html

I am still not quite certain what to make of the variable reeding. Does it shave off gold material, reducing the weight of the coin? If so, they can call it anti-counterfeit variable reeding or whatever they want to call it, but it walks and talks like a dilution of intrinsic value.

(Rome and Greece, here we come?)

7 posted on 02/23/2022 5:45:43 PM PST by SteveH (.)

Are you sure it’s not 10% for the big guy?

16 posted on 02/23/2022 6:17:26 PM PST by culper jr (My tagline is fake news.)

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