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Gold is currently £830-a-Troy Ounce (31.1035 gms). In 1911, there were three gold coins issued under the reign of George V (Edward VII had died in 1910). The coin you have (probably the FIVE POUND PIECE), if dated, 1911 could be worth from £1,200 - £2,500 depending on condition. Check to see that the monarch is George V and not Edward VII.

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Q: What is the value of 40 gms gold coin dated 1911 of King Edward vii?
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