answersLogoWhite

0

No, they're made of brass.

Think about it for a minute ... Gold sells for about $1200 per ounce. Dollar coins weigh about 0.30 oz which would make each one worth about 360 bucks if they were gold.

Even the most bone-headed bureaucrat wouldn't approve a coin that lost the government $359 each, AND mint billions of them to boot.

User Avatar

Wiki User

10y ago

Still curious? Ask our experts.

Chat with our AI personalities

RafaRafa
There's no fun in playing it safe. Why not try something a little unhinged?
Chat with Rafa
DevinDevin
I've poured enough drinks to know that people don't always want advice—they just want to talk.
Chat with Devin
BlakeBlake
As your older brother, I've been where you are—maybe not exactly, but close enough.
Chat with Blake
More answers

GOLD dollars (the kind made from 1849 to 1889) are real gold, with 10% copper added for hardness.

"GOLDEN" dollars (the kind made since 2000) are made of brass. After all, with the price of gold at over $1100/oz, even the most boneheaded government bureaucrat wouldn't authorize minting a coin with over $300 worth of gold in it and have it put into circulation for a buck ...

There is an American Eagle Gold coin minted out of one ounce of 22K gold, with values tied to the current price of gold.

User Avatar

Wiki User

14y ago
User Avatar

Yes, the U.S. gold dollar coins produced between 1849 and 1889 were 90% pure gold. They are the smallest coins ever minted by the U.S. government (significantly smaller than a dime). They sell for about $100, today.

The "presidential dollar" coins and other US dollar coins made since 1932 are mostly copper with a brass cladding. They contain no gold, at all.

User Avatar

Wiki User

13y ago
User Avatar

If it were gold it would be valuable, so no.

CorrectionThe US did issue $1 coins made of gold, but it was during the 19th century when gold circulating coins were issued in denominations up to $20.

$1 gold coins were discontinued in 1889, and except for collectors' commemorative coins made in the 1920s no gold $1 coins have been made since.

All so-called "golden" dollars made for circulation since 2000 are of course not real gold, just brass.

User Avatar

Wiki User

12y ago
User Avatar

The more recent US dollar coins are not actually comprised of gold (like the Sacajawea coin). They only look golden. Coins during the gold rush from 1849-1889 were made of 90% gold and are the most commonly known US Coins to be made out of gold.

User Avatar

Wiki User

13y ago
User Avatar

No. Modern dollar coins are mostly copper, with small amounts of zinc, nickel, and manganese.

User Avatar

Wiki User

13y ago
User Avatar

Add your answer:

Earn +20 pts
Q: Are dollar coins made out of gold?
Write your answer...
Submit
Still have questions?
magnify glass
imp