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Why is Ron Paul important to gold coin investors?

Updated: 8/17/2019
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Q: Why is Ron Paul important to gold coin investors?
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No British general circulation coin is made from gold, however, the Royal Mint produces Proof coins for serious collectors and investors. Some of these are struck in precious metals such as silver or gold, and occasionally platinum. The British One Pound coin featuring the Royal Arms on the reverse was struck in 1983, 1993, 1998, 2003 and 2008. The 2008 coin was produced as Proof FDC in silver, gold and platinum.


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The value of a 1908 5.00 gold coin depends on its condition, rarity, and current market demand. As of now, the melt value of the coin (the value of its gold content) is around $350. However, if the coin is in better condition or has special characteristics, it can be worth significantly more to collectors or investors. It is recommended to consult with a coin expert or use a reputable coin pricing guide for a more accurate valuation.


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