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The value of something has a meaning only in an exchange with something else. Usually it is expressed in a well established currency. It is also about 8 barrels of petro…l. At present, 22nd April 2008, the value of 1 oz of gold is about US$942. It has a substantial volatility, fluctuating between US$900 and US$1000. The measure in US$ has increased tremendously in the last 10 years. The measure in barrels of petrol, much less.
Answer The Grant Wood Gold coin was issued by the US Mint as part of the American Arts series. It is one ounce of gold. The minimum value of the coin is the spot …price of gold which was $832.10 on 11/09/07.
If I understand your question, you are asking if these coins are made of gold. Yes they are made of gold, but they are not technically coins because they have no monetar…y value affixed to them (i.e., $1, $5, &c.). I have seen them called medals or medallions, but they are not coins. I am not certain how much gold is contained in these American Arts series, but I'd guess 1/2 oz.
According to an article at the US Mint, these coins are 90% goldand 10%alloy The American Arts Gold Medallions (technically theyare medallions, not coins, although they were m…inted by the USmint) was a 10 coin set issued from 1980 to 1984. Each yearconsisted of two coins, a 1 ounce coin and a 1/2 ounce coin, eachcoin honoring a different American Artist (the term "artist" isused loosly; one of the coins honored Frank Lloyd Wright, anotherhonored Mark Twain, another Louis Armstrong). These weights are theweight of gold in the coins; because the coins were not "pure"gold, the total weight of the coins is slightly higher. Althoughnot common, these are not in high demand by "coin collectors"andusually are valued at only a very slight premium over the gold thatthey contain.
The exact value of a 1980 Grant Wood one troy ounce gold coin is actually dependent upon a number of factors. Some of these factors would be, the gold content and conditio…n of the coin.
the book only shows $20.00 gold liberties. in avg cond they avg around $450.00 apiece and up.
The coin is worth an amount ranging from $1,500 to $2,500. The exact amount will depend upon the condition of the coin.
What is the current value of the 1970 Commemorative coin of the Central American and Caribbean Games?
Gold was fixed at £832 a Troy Ounce on 1st October 2010 in London. Your coin, assuming it is gold and probably alloyed with copper i.e. 22 carat, is worth around £900 - £10…00. PF69 refers to Proof 69 (69 out of 70 as the highest known grade) and probably slabbed as such. It may have slightly more value from a numismatic viewpoint although as it is a modern issue this is highly unlikely.
The price of gold 1oz is set once or twice a day by London. If you go to a teller in the Canadian Bank of Nova Scotia which sells coins, the teller will look it up in that day…'s printout and if you want to buy, she'll send to the vault for your coin. The coins are a little more expensive than the 1 oz bullion bars, and some coins are more expensive than others depending on rarity and beauty. For instance the Canadian Maple Leaf, South African Kruger Rand, and American Eagle which are essentially bullion coins are a bit more expensive than the bars but not as expensive as Chinese Pandas which are rarer and prettier. The price of coins can be found at kitco dot com.
$ 1,620 as of Tuesday Dec. 4, 2012
Just watch the current price of gold. about $1735 at the moment. 9/8/12
Mark twain gold medallion Mark twain
The price of the 1 oz Gold American Eagle coin varies considerably. This is because it is based on the price of gold which fluctuates daily and intra-day. Other considerations… affecting the price would be the rarity of the coin, demand for gold coins as an investment, and the spread.
The value of 1 ounce coins varies from day to day, as the spot price changes, as well as the premium, depending on the coin. However, today, at the end of June, a Krugerrand c…osts 880 British Pounds.
$330 to $430 depending upon the condition of the coin.