How much do you think this 1oz gold coin is worth?

MachineGhost · Post by **MachineGhost** » Wed Feb 20, 2013 4:49 pm

[align=center]

[/align]

No cheating! Your best guess.

Stunt · Post by **Stunt** » Wed Feb 20, 2013 5:42 pm

It says $20....

What is it? A 1907 American gold eagle - 1oz...
I'll go with $10,000...

dragoncar · Post by **dragoncar** » Wed Feb 20, 2013 5:44 pm

Trick question - it's worth $20. Says so right on the coin.

Alanw · Post by **Alanw** » Wed Feb 20, 2013 5:45 pm

About $1,568.

foglifter · Post by **foglifter** » Wed Feb 20, 2013 6:00 pm

$3,622,500

http://www.ebay.com/itm/1907-EX-HR-1907 ... 0974158818

Post by **dualstow** » Wed Feb 20, 2013 7:23 pm

$3,000

Spectre · Post by **Spectre** » Thu Feb 21, 2013 3:06 pm

The last time Gold peaked in 1979 (?) or so, it had a value that the total value of US gold reserves was enough to completely cover US foreign debt.

If you apply the same metric with today's numbers... Let's see....

Total US Debt (Approx.): $14 trillion
% of debt held by foreigners: 25%
Total US foreign debt: $3.5 trillion

Total US gold reserves: 8,133.5 tonnes => 286,900,000 Oz..

Price of gold to cover foreign debt per Oz: $12, 199.34

I'm not sure if that is a fair price for gold, but I would submit that Gold isn't going higher than that number in the near future...

Early Cuyler · Post by **Early Cuyler** » Thu Feb 21, 2013 4:45 pm

A lot. A proof high relief st gaudens is one hell of a coin in any grade. But at 69? I'd guess 2-3 million.

Bean · Post by **Bean** » Thu Feb 21, 2013 9:33 pm

It is one of two things, right around spot or insanely expensive. Since it got posted and it is graded, I would expect this is the St. Gaudens that sold for a couple million.

Libertarian666 · Post by **Libertarian666** » Mon Feb 25, 2013 9:05 am

I have one that looks just like that. :-)
Although it was minted in 2009.