Gold is traded in Troy ounces. Troy ounces are different from the Avoirdupois (pronounced: a-vo-du-pwa) system of weight measurment.
The Avoirdupois Weight System has 28.35grams to an ounce.
The Troy Weight System has 31.10grams to an ounce.
1 Gram = 1/31.1034807th ounce of gold
The value of a 1/10 oz. Gold Eagle varies by year and mintmark, but the average price for a 1/10 oz. Gold Eagle is about $175 or below.
The mint does not make 5 oz gold eagles, they make 5 dollar 1/10oz gold eagles with a value of $117.58 as of today.
A 1974 1 oz. Gold Krugerrand can reach up to $2,500.00 in value.
1 oz Gold - 1 oz Feathers 1 oz - 1 oz 1 oz = 1 oz Obviously the gold because in the real world, money is the real weight.
Your bullion piece contains 0.1 oz of gold and sells for about $85-90 as of 02/2009. Its value will change along with the spot price of gold. Note that the $5 denomination is purely artificial.
depends on value of gold - at about 1300 / oz the coin (which is 1/10 oz gold content) is about 140 dollars
1 oz of gold is worth about 2 grand Not....As of 1-16-2011 1 troy oz of gold $1360.37 it will be a while b4 it goes that high friend. As of 9/17/2012 1 Troy oz of .999 fine gold is worth 1770.50
There weren't ever any twenty dollar gold coins made in the US. Would this be from a different country? The US gold coins exist as $5 1/10 OZ, $10 1/4 OZ, $25 1/2 OZ and $50 1 OZ.
currently 1 oz of gold which is .9999 pure 24k is between $1300.00 and $1350.00 U.S.
A 1974 1 oz. Gold Krugerrand can reach up to $2,500.00 in value.
This is a 1 oz bullion coin, value is the spot price of gold at time of sale.