Anyone know the value of this gold coin? - Page 2
Firearm & Gun Forum - FireArmsTalk.com > General Discussion Forums > The Club House > Anyone know the value of this gold coin?

Reply
 
LinkBack Thread Tools Display Modes
Old 07-03-2014, 12:06 PM   #11
Still learning
FTF_SUPPORTER.png
Feedback Score: 0 reviews
 
Airborne1's Avatar
 
Join Date: Jul 2013
Location: Stockton, Ca
Posts: 934
Liked 559 Times on 335 Posts
Likes Given: 2811

Default

It is a 1/10th oz American Eagle also called gold eagle. Here is a link where you can go read all about it if you like.

http://goldsilver.com/buy-online/american-gold-eagle-110-oz/

__________________

"The remedy for evil men is not the abrogation of the rights of law abiding citizens. The remedy for evil men is the gallows." Thomas Jefferson

Airborne1 is offline  
WebleyFosbery38 Likes This 
Reply With Quote
Old 07-03-2014, 12:18 PM   #12
FAA licensed bugsmasher
FTF_SUPPORTER.png
Feedback Score: 0 reviews
 
ScottA's Avatar
 
Join Date: Apr 2010
Location: Davenport,IA
Posts: 6,705
Liked 2085 Times on 1136 Posts
Likes Given: 753

Default

No worries of it being anodized. I'm 99% percent confident it's legit just looking at it. Confident enough that I'll offer to buy it from you right now, although I would recommend you not sell it. A weight test can tell you everything you need to know. A local coin dealer can verify that for you.

Since it is a proof coin, it likely has a small premium in value attached to it. Also, gold eagles from 1991 are selling for around $170 right now.

1991 was the last year that the mint printed the year in Roman numerals on the coin. This might be a collector factor down the road.

A certified coin of this type in perfect condition (PR-70 or MS-70) can sell for over $300 right now. You may want to have the coin certified by someone: PCGS, NGC, or ANACS.

__________________

Scott

Quote:
If you're not representing Jesus in a way that makes people want to hang out with you, you're doing it wrong.
Quote:
Those who refuse to participate in politics shall be governed by their inferiors. -Plato
Regent Holdings What you need to know about silver, gold, and the economy.

Join the NRA

Last edited by ScottA; 07-03-2014 at 12:43 PM.
ScottA is offline  
4
People Like This 
Reply With Quote
Old 07-03-2014, 12:31 PM   #13
FTF_SUPPORTER.png
Feedback Score: 0 reviews
 
willshoum's Avatar
 
Join Date: Feb 2010
Location: Houma, La.,La.
Posts: 5,287
Liked 1831 Times on 1306 Posts
Likes Given: 2070

Default Salt value.............

It says one tenth of an ounce, correct, so whats the problem. Is this some long lost coin and only one produced..............

__________________

For ever Vigilant..... One Shot One Kill.........

willshoum is offline  
 
Reply With Quote
Old 07-03-2014, 12:49 PM   #14
Feedback Score: 0 reviews
 
SSGN_Doc's Avatar
 
Join Date: May 2012
Posts: 4,253
Liked 2107 Times on 1240 Posts
Likes Given: 457

Default

As Scott A pointed out. The particular coin you have is not only a American Eagle gold bullion coin from the US Mint, it is one of the proof coins. These have a higher sheen due to being pressed when the dies are new. So there are fewer proof coins out there. Also having the original paperwork and mint box helps with value to collectors.

Definitely go through a coin dealer if you ever intend to sell that piece. Other gold bullion coins don't fetch much premium over spot gold prices, except for low mintage years. American Eagles, and Canadian Maple Leaf coins in silver, gold and platinum are good to have a small cache of because of their known purity and they make for easy trade if you need cash in an emergency. When I started buying bullion coins, a 1/10 oz. gold eagle was running about $65 (gold was just over $600 an ounce, but the 1/10 oz coins had a small premium). 1 oz Silver eagles were about $7.50. Last time I needed some emergency cash I sold gold coins when gold was at $1250 an ounce and Silver was at close to $20 an ounce.

__________________
SSGN_Doc is offline  
2
People Like This 
Reply With Quote
Old 07-03-2014, 02:22 PM   #15
FTF_SUPPORTER.png
Feedback Score: 0 reviews
 
303tom's Avatar
 
Join Date: Sep 2011
Location: Missouri
Posts: 3,512
Liked 1155 Times on 794 Posts
Likes Given: 1169

Default

It is worth what ever 1/10th of $1322.00 is !....................or a $132.20.........

http://www.goldandsilveronline.com/p/15/5--Dollar-tenth-oz-american-eagle-gold-coin?ref=gmc&gclid=CIP2j4Osqb8CFc9j7Aody1cApQ

__________________

When all else fails.


Last edited by 303tom; 07-03-2014 at 02:28 PM.
303tom is offline  
Mercator Likes This 
Reply With Quote
Old 07-03-2014, 03:32 PM   #16
FTF_SUPPORTER.png
Feedback Score: 0 reviews
 
Mercator's Avatar
 
Join Date: Sep 2013
Location: Indiana
Posts: 4,248
Liked 1746 Times on 1203 Posts
Likes Given: 898

Default

Quote:
Originally Posted by 303tom View Post
It is worth what ever 1/10th of $1322.00 is !....................or a $132.20.........

http://www.goldandsilveronline.com/p/15/5--Dollar-tenth-oz-american-eagle-gold-coin?ref=gmc&gclid=CIP2j4Osqb8CFc9j7Aody1cApQ
Minus commission. That's it. I'd sell it or trade in for a gun, if not a sentimental value.
__________________
"You can't reason with a flying crowbar"
Mercator is offline  
 
Reply With Quote
Old 07-03-2014, 03:41 PM   #17
Feedback Score: 0 reviews
 
Chainfire's Avatar
 
Join Date: Jan 2009
Posts: 3,498
Liked 1338 Times on 826 Posts
Likes Given: 312

Default

The gold value, as you describe the coin, would be about $115.00 subject to change by the minute.

__________________

"It is better to be too skeptical then too credulous"

Carl Sagan

Chainfire is offline  
 
Reply With Quote
Old 07-03-2014, 04:32 PM   #18
Big TOW
FTF_SUPPORTER.png
Feedback Score: 0 reviews
 
WebleyFosbery38's Avatar
 
Join Date: May 2012
Location: Irish Settlement CNY
Posts: 5,293
Liked 5926 Times on 2930 Posts
Likes Given: 6285

Default

Its metal and collector value will vary through the years, the good thing is it will always be worth whatever gold is but likely in a couple decades, much more than that in its current form. Its a keeper for sure!

__________________
WebleyFosbery38 is offline  
2
People Like This 
Reply With Quote
Old 07-03-2014, 04:56 PM   #19
+ TRES VERBO DICTUM +
FTF_SUPPORTER.png
Feedback Score: 0 reviews
 
Vincine's Avatar
 
Join Date: Jun 2011
Location: Adirondack Mts.
Posts: 3,314
Liked 1696 Times on 878 Posts
Likes Given: 1329

Default

It sure looks like a US Mint proof coin to me. I wouldn't take it out to check.

__________________
"Sometimes I pretend to be normal, but it's boring and I go back to being me."
"You might as well be yourself, people won’t like you anyway."
Vincine is online now  
 
Reply With Quote
Old 07-03-2014, 05:39 PM   #20
FTF_SUPPORTER.png
Feedback Score: 0 reviews
 
Mercator's Avatar
 
Join Date: Sep 2013
Location: Indiana
Posts: 4,248
Liked 1746 Times on 1203 Posts
Likes Given: 898

Default

Quote:
Originally Posted by Vincine View Post
It sure looks like a US Mint proof coin to me. I wouldn't take it out to check.
It says Philadelphia mint. Not Franklin Mint, the souvenir merchant.
__________________
"You can't reason with a flying crowbar"
Mercator is offline  
 
Reply With Quote
Reply

Thread Tools
Display Modes


Similar Threads
Thread Thread Starter Firearms Forum Replies Last Post
NRA token/coin Crazycastor General Rifle Discussion 28 07-29-2013 05:28 PM
NRA challenge coin. mountainman13 The Club House 9 08-21-2012 12:06 AM
New U.S. Dollar Coin!! dunerunner Politics, Religion and Controversy 5 09-24-2009 06:33 PM