Sovereign in 999.9 gold starting 2026?

[Britannia47]

7 minutes ago, paulmerton said:

I actually prefer proof sovereigns to be in the current colour as it makes the background fields seem much darker.

Bullion/circulated ones I'd prefer in yellow though!

I agree it looks good, apart from the colour, but that is the cameo affect of a proof where the mirrored ‘field’ captures the darker background behind the camera. It’s bit of a camera trick! 🙂

[LawrenceChard]

8 hours ago, Bimetallic said:

@LawrenceChardThey can make them gold colored the same way the US Mint does with the Eagle – 3% silver, 5.33% copper.

The lack of silver is why Krugs are so ugly.

 

Early Krugers did contain silver. I do not know when this stopped, except that I tested a 2017 50th snniversary one which had .0833 copper.😎

Edited October 15 by LawrenceChard

[LawrenceChard]

3 hours ago, FriedrichVonHayek said:

Could it be considered an alloy when .999 is equal to 1?

If .999 was equal to 1, then no, but .999 or even .9999 is not equal to 1, only an approximation.

😎

[BackyardBullion]

Follow Up Statement From The Royal Mint: 

Statement Starts

Per The Coinage Act, the Sovereign must be made of 22-carat gold (916.66%) purity – and there are no plans to divert from this.

Statement Ends

[Rhaco]

4 minutes ago, BackyardBullion said:

Follow Up Statement From The Royal Mint: 

Statement Starts

Per The Coinage Act, the Sovereign must be made of 22-carat gold (916.66%) purity – and there are no plans to divert from this.

Statement Ends

It is the only approach that makes sense. 

[FriedrichVonHayek]

1 hour ago, LawrenceChard said:

If .999 was equal to 1, then no, but .999 or even .9999 is not equal to 1, only an approximation.

😎

.999 is equal to 1.

https://en.m.wikipedia.org/wiki/0.999...

Edited October 15 by FriedrichVonHayek

[westminstrel]

13 minutes ago, BackyardBullion said:

Follow Up Statement From The Royal Mint: 

Statement Starts

Per The Coinage Act, the Sovereign must be made of 22-carat gold (916.66%) purity – and there are no plans to divert from this.

Statement Ends

Awesome! This is exactly what I said they should’ve said the first time around and set the rumour to rest instead of beating around the bush.

Thanks for the follow-up. 🙂

[ZRPMs]

17 minutes ago, BackyardBullion said:

Follow Up Statement From The Royal Mint: 

Statement Starts

Per The Coinage Act, the Sovereign must be made of 22-carat gold (916.66%) purity – and there are no plans to divert from this.

Statement Ends

🤣🤣🤣 saying this whilst introducing the all silver sovereign. 

[GoldDiggerDave]

25 minutes ago, BackyardBullion said:

Follow Up Statement From The Royal Mint: 

Statement Starts

Per The Coinage Act, the Sovereign must be made of 22-carat gold (916.66%) purity – and there are no plans to divert from this.

Statement Ends

Have they scrapped the silver "sovereign" then?  

[BackyardBullion]

Just now, GoldDiggerDave said:

Have they scrapped the silver "sovereign" then?  

This is a fight for another day I think 🙂 

[Olivard]

17 minutes ago, BackyardBullion said:

This is a fight for another day I think 🙂 

Maybe too late already. Been announced.

[paulmerton]

Forget the silver sovereign, I'm still wondering how these new gold sovereigns are going to be 916.66% pure!

[CollectForFun]

53 minutes ago, FriedrichVonHayek said:

.999 is equal to 1.

https://en.m.wikipedia.org/wiki/0.999...

Sorry for me laughing about your post, but it is sort of funny indeed.

Anyway, you are clearly missing the difference between 0.999 and 0.999...

The former meaning there is nothing after the third decimal place, the latter meaning there is an infinite series of decimal 9s.

[GoldDiggerDave]

4 minutes ago, CollectForFun said:

Sorry for me laughing about your post, but it is sort of funny indeed.

Anyway, you are clearly missing the difference between 0.999 and 0.999...

The former meaning there is nothing after the third decimal place, the latter meaning there is an infinite series of decimal 9s.

I am the 0.9999

[FriedrichVonHayek]

6 minutes ago, CollectForFun said:

Sorry for me laughing about your post, but it is sort of funny indeed.

Anyway, you are clearly missing the difference between 0.999 and 0.999...

The former meaning there is nothing after the third decimal place, the latter meaning there is an infinite series of decimal 9s.

I doubt you could fit an infinite series of decimal 9s on a bar or coin so .999 is used for brevity.

But .999 is still equal to 1.

Edited October 15 by FriedrichVonHayek

[GoldDiggerDave]

This guy is at 0.9999 with everything 

 

[Joshua723]

I hope no one panic-sold their stack in the great sovereign panic of 2024.

[CollectForFun]

3 minutes ago, FriedrichVonHayek said:

I doubt you could fit an infinite series of decimal 9s on a bar or coin so .999 is used for brevity.

But .999 is still equal to 1.

Do you really think the mints wouldn't fancy adding an extra 9 to the fineness if they could? I guarantee you they would, but they can't and not because they can't fit it on a coin or a bar...

And so, what is the result of this equation please: 1 - 0.999 = ?

[ZRPMs]

1 hour ago, GoldDiggerDave said:

Have they scrapped the silver "sovereign" then?  

You wish 🤣

[FriedrichVonHayek]

28 minutes ago, CollectForFun said:

Do you really think the mints wouldn't fancy adding an extra 9 to the fineness if they could? I guarantee you they would, but they can't and not because they can't fit it on a coin or a bar...

And so, what is the result of this equation please: 1 - 0.999 = ?

Why would you take away 1 from .999?

The purity stamped on the bar or coin is .999, which we all know equals 1.

[LawrenceChard]

1 minute ago, FriedrichVonHayek said:

Why would you take away 1 from .999?

The purity stamped on the bar or coin is .999, which we all know equals 1.

In which case:

right = wrong

black = white

good = evil

gold = lead

hot = cold

air = water

😎

"The purity stamped on the bar or coin is .999, which we all know equals 1."

We do not all know it, because it is not true.

Some may believe it, but that does not make it true.

😎

[trozau]

49 minutes ago, CollectForFun said:

Do you really think the mints wouldn't fancy adding an extra 9 to the fineness if they could? I guarantee you they would, but they can't and not because they can't fit it on a coin or a bar...

And so, what is the result of this equation please: 1 - 0.999 = ?

RCM has issued .99999 fine gold since 2009.

[FriedrichVonHayek]

9 minutes ago, LawrenceChard said:

In which case:

right = wrong

black = white

good = evil

gold = lead

hot = cold

air = water

😎

"The purity stamped on the bar or coin is .999, which we all know equals 1."

We do not all know it, because it is not true.

Some may believe it, but that does not make it true.

😎

It is accepted by mathematicians as being provably true and not a belief.

I'm interested to see you prove them incorrect.

[LawrenceChard]

6 minutes ago, FriedrichVonHayek said:

It is accepted by mathematicians as being provably true and not a belief.

I'm interested to see you prove them incorrect.

I believe their theory is correct, but you misunderstand it, because you are only looking at 3 or 4 decimal places, whereas the notation they are using refers to an infinite number of decimal places.

😎

[CollectForFun]

25 minutes ago, trozau said:

RCM has issued .99999 fine gold since 2009.

Correct, because they can guarantee they meet the fineness to the fifth decimal (and even that on not all issues). But neither them can just afford to add 6th 9 just like that. There's a world of difference between .99999 and .999999 purity.