What is the difference between gold coins and silver coins?

Answer 1

The difference in gold coins are recognizable, and convenient and is a rectangle shape, there are gold plated gold and is very expensive.Silver coins were used as money, silver dollar,100 oz investment bars and has it purity stamp.

More thorouglyUp till the 1960s the prices of gold and silver were held constant internationally. Only governments were allowed to buy and sell the metals. Many countries' currencies were based on the metals' values. Coins contained an amount of silver (and earlier, gold) roughly equal to their denominations.

Base metals such as copper and nickel were used for very low denominations, silver had a medium value so it was used for mid-level denominations, and in the past gold was used for very high-denomination coins. To use the US as an example, cents were bronze; nickels were cupro-nickel; dimes, quarters, halves and dollars contained silver in an amount equal to their denominations, and up till 1932 coins like $5, $10, and others were struck in gold equal to their values.

Today silver and gold are publicly traded. Their values change every day so they can't be used for fixed-value coins, so circulating coins are all made of base metals and people simply accept them as being exchanged for a specific amount of goods like groceries instead of precious metals.

or you could have just aid gold coins were made of gold and silver coins were made of silver