What is the value of a 20 gold coin from 1912?

Answer 1

Updated

Please see the Related Question below for more-current values.

A $20 gold piece from 1912 is worth its weight in gold. It weighs just under a OZ.

Probably right around 90% of a ounce. So, go to any website like kitco that provides you with the going rate for gold and take 90% of that and that's what its worth.

Now when I say that's what its worth that doesn't mean that is what someone will pay because they have to make a bit too. BUT do not let anyone buy it for less than 80% of the going rate of a ounce of gold or they are trying to work you over.

Gold today is at $1093

so the lowest someone should pay you for it at todays rate is: $873

You can take it to your local pawn/jewelry store and they should pay this.

Like I said though don't let them rip you off because they will immediately (with absolutely NO chance of any less money because once they call it in the price is locked) call their local scrapper and they will get 90% of 1oz of gold. (so already its gonna be 10% more than they paid you, that's plenty for them to make)

Remember though, the gold price fluctuates daily. Check it often and when it spikes that's when you should sell it. Just in early December gold was over $1250 a oz and it will be going back up.