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I'm curious what the melt value would be. I didn't see that in the article. I assume when they say $27,000 they mean the currency value, but if you were to mel
by robbrown451 13y ago
I'm curious what the melt value would be. I didn't see that in the article. I assume when they say $27,000 they mean the currency value, but if you were to melt it and sell it at the current price for the metal (~$1300/ounce), it would probably be a lot more than that....while less than the $10 million it is supposedly worth as collectibles.
- absherwin 13y agoApproximately $1.76 million Starting in 1837, gold coins in the US had 0.48375oz of gold per $10. So $27,000 in coins would be worth $1,755,432 given a price for gold of $1344 per oz. This excludes the value of the copper with which the gold was alloyed, which would be worth roughly another $30.
- robbrown451 13y agoCool, thanks for figuring that out for me. :)