news
Notes on gold coins
What the map cannot say in a number: how a coin is made, what a premium is paying for, and why two coins holding the same gold are not the same buy.
- The week in premiums, to 24 October 2026In euros, gold fell 3.8% over seven days. At the week’s close the premium ran from 1.1% over spot on a kilo bar to 44.4% on a one-gram bar, and comparing dealers paid most on one-gram bars of other brands.
- Why small coins cost more per gram of goldThe gold in a coin is worth the same whoever struck it. Everything above that — the striking, the distribution, the shop — is charged per coin, not per gram, and that is the whole reason a small coin is dearer per gram than a big one.
- An ounce on the scale: why a Krugerrand weighs 33.93 gPut a Krugerrand and a Maple Leaf on the same scale and they disagree by almost three grams. Both hold one troy ounce of gold. Both are right.