GC Helpdesk
GreatCollections News (258)
All the latest news about GreatCollections, including Press Releases.
Just joined GreatCollections? Here you will find out useful information for new
members.
Learn everything you need to know about bidding and buying coins and numismatic
products through GreatCollections
Learn everything you need to know about selling coins, bullion and other items through
GreatCollections
Learn everything you need to know about notification, form of payments accepted and shipping informations
Information about My Account at GreatCollections and general Membership questions.
Our Services (3)
Learn more about all of the services we offer at GreatCollections, your full service auction and discounts
Throughout our listings, there are abbreviations about coins, such as VAMs, Overton numbers, pedigree
Learn more about how to contact us regarding our website and coins being offered.
What is AGW? (Actual Gold Weight)...
Ian Russell on Sun, Oct 30, 2011 09:04:05 PM
AGW of a bullion coin or bar is the amount of fine, pure, or intrinsic gold content in troy ounces. It is typically used to describe gold or silver coins. For example, if a certain coin weighed 12/11 troy ounces, and the alloy contained 1/12 part of non-gold metals, the actual gold weight would be one troy ounce.
This Chinese coin contains 1 oz. of gold:
China 2011 500 Yn Gold Panda PCGS MS-69 (AGW 1.00 oz.)
This British coin contains just under 1/2 oz. of gold:
Great Britain 2002 Two Pounds Gold Sovereign PCGS Proof-69 DCAM (AGW 0.4708 oz.)