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AGW stands for Actual Gold Weight. It's used mostly with regards to gold coins. For instance, the old $20 Double Eagle gold coins weigh 33.436 grams (1.08 troy ounce). But since they're only 90% pure, they only have .9675 ounces pure, or .9675 AGW. It allows you to compare two coins of differing purity to determine a fair price based on the gold content.

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13y ago

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