Whats the difference between a bullion coin that has an ounce of gold and a rare coin that has an ounce of gold?
A gold bullion coin that has an ounce of gold is worth what an ounce of gold is worthabout $800. A rare coin that has an ounce of coin derives its value from collectors and can be worth millions of dollars. A 1933 Saint-Gaudens twenty-dollar gold piecethat contains about an ounce of goldsold at public auction about 5 years ago for $7.59 million. The government says that it is the only twenty dollar gold piece dated 1933 that is legal to own.
Related Questions
- Does the Year of Mintage have any bearing on the current or future value of a particular bullion coin, of either gold or silver composition?
- Whats the difference between a bullion coin that has an ounce of gold and a rare coin that has an ounce of gold?
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