$35 was the fixed price for one ounce of gold.
They forced them to sell it in 1932-1933. Failure to sell the gold resulted in fines and or jail time. Then they doubled the value of it to 35 dollars. This is how America takes control over our country. However FDR made it seem like he was taking us out of the great depression which he ended up doind. However now gold is 2 grand per ounce and fort knox has it all.
Gold reached $1,000 an ounce.
The average price per troy ounce of gold in 1925 was $20.64
A decade ago in the year 2000 gold went for $272 per ounce. Since then it has skyrocketed with some projecting it would hit $2000 an ounce within a year. That is why gold investment is such a hot topic now. Ten years ago, march of the year 2000, the price of gold per ounce varied from a high of $293 to a low of $276. The average price during that month was about $284
The monthly average price of gold stared the year 1970 in January at 39.44 U.S. dollars per troy ounce and ended in December at 37.44. Up till 1971 the value of the U.S. dollar was pegged to gold at $35 per ounce. After that time the price of gold increased substantially.
Pure gold is currenly £1035 GBP $1600) a Troy Ounce (24 carat). A Troy Ounce is 31.1035 grams. So a gram of pure gold is worth £33.27. It's been above £1000-an-ounce for over a year now and appears to have settled at these levels.
Gold prices have significantly increased over the past ten years. In 1992 they were $333.00 per ounce. In 2012 they were $1664.00 per ounce. Based on this data, gold would currently be a good investment.
The value is 1/10th of a ounce of gold which as I type this is $1,124.70 per ounce. So the value of the coin is about $112.47. Actual cash value will be different at time of sale
The price of gold at present is about 900 USD per ounce There for 1 lb of gold would cost 14,400 USD
The First Year - 1926 was released on: USA: 24 January 1926
The average price of gold in the year 1850 was $18.93 per ounce. In 1859, the price was the same. It did not change much until after the turn of the 20th century.
Currently, the price of 1 ounce of gold in US Dollars equates to 1367.1. It is important to note that this tends to change over the course of the year, so try to stay updated as frequently as possible to ensure a certain amount.