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How would someone know how much gold coins are really worth?
The value of gold coins can be determined in two different ways--the melt-down value and the coin value. The melt-down value is the value of the pure gold in the coins, which is determined by the weight. The face value of the coins can be found on a collector's website.
What is the value of a 1951 Canadian Dime?
In US dollars it has a melt value of $1.37. It is illegal to melt these coins for the metal they contain.
What is the melt value of Canadian coins?
In US dollars it has a melt value of $1.37. It is illegal to melt these coins for the metal they contain.
Is there any value in old counterfeited coins?
Not really, except for the melt value of whatever metals they contain.
Peace dollar value?
Without a date it is impossible to tell. These coins are usually not worth much more than their silver melt value. Their current silver melt value is $27.35 as of late February 2012.
Is it legal to melt down US coins?
In the US, it is illegal to melt down nickels ( and technically half dimes, but the collector value of half dimes exceed their melt value) and pennies. All other denominations can be melted, though, in the current market, the only legal to melt coins that would bring a profit if melted down would be the silver coins which can easily be resold on the open market for a higher profit just selling the coins to investors than paying someone to refine the silver.
What is the melt value of Longines Symphonette sterling coins?
The melt value of Longines Symphonette sterling coins would depend on the current market price of silver. Sterling silver is typically composed of 92.5% silver and 7.5% other metals, so the melt value would be calculated based on the weight of the silver in the coin. To determine the exact melt value, one would need to weigh the coins and then multiply the weight by the current price of silver per ounce.
Can you melt coins?
Yes, most common coins, such as those made of copper, nickel, and zinc, have melting points that are achievable with high enough temperatures. However, it is illegal to melt down coins in many countries due to the destruction of currency value.
How to calculate the silver value of a US coin?
See the website link below for a list of US silver coins made for circulation and their melt value.
What is ecnomic melt down?
the over dependant of Nigerian on the oil production
Is it illegal to melt silver and gold coins?
No, all denominations of US coins are legal to melt, except for pennies and nickels. However, most US gold carries a high premium over melt value and it is generally more economical to sell silver coins to a coin dealer because most of them are running out of inventory and will pay a lot of money for them and you won't have to worry about refiner fees.
Are the danbury mint gold presidential dollars valueable?
Coins produced by private mints such as Danbury are only worth the bullion or melt value. There is absolutely no collector value.
