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They're made of brass.

If you think about it for, oh, 1 or 2 seconds, the price of gold is roughly $900/oz. The Presidential coins weigh about 0.30 ounces so if they were gold they'd be worth about $270, and the government would be losing $269 on each one that was put into circulation.

Even the most boneheaded bureaucrat wouldn't throw away that much money on each coin in a series that's minted by the billions (AIG and Chrysler notwithstanding).

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16y ago

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How much is a gold one dollar worth with president Lincoln on one side and the years he was in office?

$1. The coins are made of brass, not gold.


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If you are talking about the coins with presidents on the face and the statue of liberty on the back, they are not made out of gold they are made out of brass. If you are talking about the old 1 dollar coins from the 1800s, they were made out of gold because of the gold rushes and the US government was looking to expand the use of gold in its coins.


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Sorry, but 1 dollar gold coins were not issued in 1906. Only 2.5, 5, 10, and 20 dollar gold coins were made. Check your date.


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What is the value of a 1905 US 1 dollar gold piece?

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