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How much do you think this 1oz gold coin is worth?
Posted: Wed Feb 20, 2013 4:49 pm
by MachineGhost
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No cheating! Your best guess.
Re: How much do you think this 1oz gold coin is worth?
Posted: Wed Feb 20, 2013 5:42 pm
by Stunt
It says $20....
What is it? A 1907 American gold eagle - 1oz...
I'll go with $10,000...
Re: How much do you think this 1oz gold coin is worth?
Posted: Wed Feb 20, 2013 5:44 pm
by dragoncar
Trick question - it's worth $20. Says so right on the coin.
Re: How much do you think this 1oz gold coin is worth?
Posted: Wed Feb 20, 2013 5:45 pm
by Alanw
About $1,568.
Re: How much do you think this 1oz gold coin is worth?
Posted: Wed Feb 20, 2013 6:00 pm
by foglifter
Re: How much do you think this 1oz gold coin is worth?
Posted: Wed Feb 20, 2013 7:23 pm
by dualstow
$3,000
Re: How much do you think this 1oz gold coin is worth?
Posted: Thu Feb 21, 2013 3:06 pm
by Spectre
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...
Re: How much do you think this 1oz gold coin is worth?
Posted: Thu Feb 21, 2013 4:45 pm
by Early Cuyler
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.
Re: How much do you think this 1oz gold coin is worth?
Posted: Thu Feb 21, 2013 9:33 pm
by Bean
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.
Re: How much do you think this 1oz gold coin is worth?
Posted: Mon Feb 25, 2013 9:05 am
by Libertarian666
I have one that looks just like that. :-)
Although it was minted in 2009.
