A 20-crown gold coin from Norway. Introduced in 1875, it became part of the Scandinavian Monetary Union, which was based on a gold standard. Norwegian gold reserves included tonnes of this and other coins, backing Norway's paper money. The coin was designed for circulation: '124 Stk. 1 Kil. f. G.' means that 124 pieces gave one kilogramme of pure gold. A gold coin is a coin that is made mostly or entirely of gold. Most gold coins minted since 1800 are 90% gold or 22kt (11/12 fineness), but some have lower or higher content such as the 24 karat Canadian Maple Leaf bullion series. Gold in coins is typically alloyed with silver, copper or both.
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