Sep 17, 2026
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10 min read
The word numismatic is doing a lot of work in that sentence, and most of it is not on your side.
No. And the penalty for finding out the hard way is not a warning letter.
Usually yes. Which is exactly why they are the most expensive mistake in the business.
The number is .995. The exception to the number is where the money gets made and lost.
Yes. Whether it should is a completely different question.
Yes. And the reason people ask is usually the wrong reason.
The honest answer depends on one question nobody asks you at the point of sale.
One is 22 karat. One is 24. Only one of those facts should change your decision.
The purity rule is easy. The refiner rule is where people get stuck.