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Does the fineness or purity of the gold as measured in percent or karats contained in the gold bullion coins that WCM sells affect the amount of pure, 24 karat gold within each type of coin?

April 26, 2017bullion Coins fineness gold karats measured percent purity wcm

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Does the fineness or purity of the gold as measured in percent or karats contained in the gold bullion coins that WCM sells affect the amount of pure, 24 karat gold within each type of coin?

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NO. Each sovereign mint has adjusted the total weight of their respective gold bullion coins such that upon subsequent smelting, an investor would have exactly One Troy Ounce of Pure, 100%, 24 karat Gold. Copper is the alloy added to increase the hardness of the minted coin.