Realcent.org

....."One of the new gold francs, .., with a gold content of 0.1 grams" (.01... REALLY?)

http://www.businessinsider.com/swiss-pa ... day-2012-5

Not far fetched at all. See this:

http://shiresilver.com/product/gold_one_tenth_gram_card

If it were introduced I bet there would be a large market. Maybe even worth a trip to stock up.

GROUP BUY!

i agree that 0.1 grams is laughable, but at least the swiss government is thinking about backing their currency with something real.

That's $5 US FRN right now. Seems like a realistic coin for circulation. I would jump all over this if the US would climb on board. I'd happily trade .1 gram and .2 gram coins rather than $5 and $10 paper.

0.1 gram = 0.003 215 074 656 9 ounce [troy] * 1582.5 pm fix 05-22-12, = $5.08 US

$ 5.08 = CHF 4.7911

5 francs for 4.79 francs worth of gold seems like a hell of a deal, esp with a face value of 5 francs.

It's a long shot better than the $20/$20 canadian mint deal where you get what 10 grams of silver? People seem pretty excited about that one...

I also like the idea of a real coin but, with so little gold in the coin it just doesn't make sense to me. I guess I just have to think about it a little more. After all, I think that is what copper and nickel is good for not gold/silver. If they want a real coin just go back to 90% silver and make $5/$20 silver coin(s). A real coin, not the polluted down wafer. I guess I just need to wrap my head around it a little more but, in the end we'll get what they give us so what does it matter. I'm still stacking...

This is nothing new. Check out the gold dinar and the silver dirham from the World Islamic Mint. Pay close attention to the Daniq (1/6 Dirham)
The world is starting to wake up to the dangers/fallacy of fiat currency.

They want a REAL valued coinage that can be valued low enough to be used for everyday small transactions.