It depends. An older gold coin is worth more as a coin if it is in mint condition. That means it looks perfect. It was never used. If it is worn or damaged, it might be worth more for its weight in gold.
More information is needed. What country or private mint issued the coin? How much gold does it contain by weight?
There are several factors that determine the value of gold coins. One factor is how much gold is in the coin. Gold is valued by weight, so the more gold the coin has, the higher the value will be. Also, the age of the gold coin. Older, rarer coins will be worth more.
It depends on which denomination coin you have. A $10 coin has more gold than a $5 coin.
No, a gold coin with "In God We Trust" is not worth more than a dollar. The value of a gold coin is determined by its weight, purity, and market demand, regardless of the inscription on it.
Gold is sold by the ounce, ergo, whatever coin you possess is worth at a minimum its weight in ounces. On the other hand, the coin itself might be worth more as a coin if it came from any significant era in history. But if you have a modern US, Canadian, Australian or New Zealand $1 coin, none of these contain any gold. They're just brass and only worth face value.
Defenitly. Any coin with a gold content is worth way more than face value.
It was worth more than $1,000.
That depends on factors such as the denomination, date, and condition. For example, a $10 gold coin is worth more than a $5 gold coin. At very least, there's value for the gold content.
Truffle
by weight diamonds
The 1987 5 Dollar gold eagle is a 1/10 ounce bullion coin. What ever the price of gold is per ounce the coin is worth one tenth of the price. Right now gold is $1,164.20 per oz.The coin is worth $116.4. The proof is worth more.
You do not specify what country it is from or what the denomination is. Whatever the coin is, the melt value will be whatever the current price of gold is. Alternatively, it will probably be worth more as a collectible coin.