I collect Gold. I have seen a commercial offering a Tribute $50 Buffalo14mg 24K Gold coin. The commercial states that you can get this coin for the low price of $9.95. Red Flag🤔
There are 31.1g in a troy ounce, so, divide 14 mg by 31.1 grams. A bit of math tell us the coin is clad in 0.00045 troy ounces of gold (0.014 / 31.1 = 0.00045016).
How much is that worth? Simply Multiply that number by gold's current price of $1,660/oz & you get $.747 That $50 gold coin is worth less than .75cents