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V25 2022 INDEX E-SYLUM ARCHIVE ONE POUND BULLION COINSSpeaking of bullion coins, Wayne Pearson submitted these thoughts on possible U.S. bullion coins. Thanks. -Editor Canada and Australia have issued huge sized bullion coins with diameters similar in size to 100 pound weight plates for barbells, and as big as tires for some farming equipment. That is a lot of bullion to be put in one place and something the average person couldn't afford. And there were musings about issuing a trillion dollar platinum coin. 
However, the trillion dollar idea prompted me to come up with another idea. The gold and silver bullion program was started with the idea of paying down the NATIONAL DEBT. Honestly, I don't know if there is enough bullion in the world to pay off all of our debt. My idea is not to waste bullion in huge sizes but to offer a smaller version in ONE POUND sizes. Gold and silver examples shown. 
These coins will purposely be over priced because the intent is to raise money for the national debt. Even if only the rich can afford them. A coin like Canada issued with 100KG of gold, could be better handled by selling smaller one pound versions and charging a lot more than the price of 12 one ounce coins.
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