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Gold Coin Price-per-Ounce Chart
goingbroke
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Gold Coin Price-per-Ounce Chart
Use this price-per-ounce chart to see which numismatic gold coins provide the best value for your money.
Gold Coin - $2.5 Indian $2.5 Liberty $5 Indian $5 Liberty $10 Indian $10 Liberty $20 St. Gaudens $20 Liberty
Weight of Gold (Oz.) - 1/8 1/8 1/4 1/4 1/2 1/2 1 1
Cost MS61+ $425 $381 $788 $282 $738 $419 $844 $838
Cost/Oz. MS61+ $3,400 $3,050 $3,150 $1,125 $1,475 $838 $844 $838
Price-to-Gold Weight Ratio MS61+ 5.7 5.1 5.3 1.9 2.5 1.4 1.4 1.4
Cost MS65+ $5,625 $3,075 $21,375 $3,875 $6,600 $5,250 $1,587 $5,475
Cost/Oz. MS65+ $45,000 $24,600 $85,500 $15,500 $13,200 $10,500 $1,587 $5,475
Price-to-Gold Weight Ratio MS65+ 75 41 142 26 22 18 2.6 9.1
Gold Coin Weight of Gold (Oz.) Cost Cost/Oz. Price-per-Oz. Ratio Cost Cost/Oz. Price-per-Oz. Ratio
- - MS61+ MS61+ MS61+ MS65+ MS65+ MS65+
$2.5 Indian 1/8 $425 $3,400 5.7 $5,625 $45,000 75
$2.5 Liberty 1/8 $381 $3,050 5.1 $3,075 $24,600 41
$5 Indian 1/4 $788 $3,150 5.3 $21,375 $85,500 142
$5 Liberty 1/4 $282 $1,125 1.9 $3,875 $15,500 26
$10 Indian 1/2 $738 $1,475 2.5 $6,600 $13,200 22
$10 Liberty 1/2 $419 $838 1.4 $5,250 $10,500 18
$20 St. Gaudens 1 $844 $844 1.4 $1,587 $1,587 2.6
$20 Liberty 1 $838 $838 1.4 $5,475 $5,475 9.1
Prices of coins based on spot gold at $600 per ounce.
Formulas
Cost of coin per ounce = Cost divided by weight in ounces (Oz.)
Price-per-Ounce Ratio = Cost of coin per ounce, divided by spot gold ($600 per ounce)
Terms and Symbols
MS61 = Mint State 61 - Certified Coin
MS65 = Mint State 65 - Certified Coin
MS61 Mint State Grade with 25% mark up
MS65 Mint State Grade with 25% mark up
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How to use the Price-per-Ounce chart for various coins
To learn how to use the price-per-ounce chart, let’s take one coin, a $2.5 Indian, for example, and follow it across the price-per-ounce chart. First, the $2.5 Indian contains almost one-eighth (1/8) of an oz of gold (Weight of Gold (Oz.) on the chart). Now, to determine the actual cost-per-ounce, divide the Cost (MS61+ 25% mark up) by Weight in ounces. I have used a 25% mark-up on these coins in the chart, because coin companies typically mark these coins up at a minimum of 25% all the way to over 100%. I am being conservative for the point of illustration.
Now we arrive at the price-per-ounce (Cost/Oz) for that MS61 $2.5 Indian at $3,400. For the last step in the price-per-ounce chart, to arrive at the Price-per-Ounce Ratio, divide the price per ounce for the coin, which is $3,400, by the spot price for gold that day, which is $600, and we get 5.7. In other words, by paying $425 for that 1/8 ounce, MS61 $2.5 Indian, the buyer paid 5.7 times the current spot gold price ($600) for that coin.
Shocking? Just wait. Let’s look at the numbers for the MS65 $2.5 Indian. Going across the price-per-ounce chart and repeating the process again, the MS65 Grade with a 25% mark up cost $5,625, divided by 1/8 oz. = $45,000 per ounce for that coin. Now, take $45,000 and divide it by the spot gold price of $600 an ounce and we get a Price-per-Ounce Ratio of 75. And that MS65 $2.5 Indian is not the worst scam on the chart. The MS65 $5 Indian costs $21,375 per coin with a cost per ounce of $85,000, divided by $600 spot, which yields a Price per Ounce Ratio of 142.
Use this price-per-ounce chart to see which numismatic gold coins provide the best value for your money.
Gold Coin - $2.5 Indian $2.5 Liberty $5 Indian $5 Liberty $10 Indian $10 Liberty $20 St. Gaudens $20 Liberty
Weight of Gold (Oz.) - 1/8 1/8 1/4 1/4 1/2 1/2 1 1
Cost MS61+ $425 $381 $788 $282 $738 $419 $844 $838
Cost/Oz. MS61+ $3,400 $3,050 $3,150 $1,125 $1,475 $838 $844 $838
Price-to-Gold Weight Ratio MS61+ 5.7 5.1 5.3 1.9 2.5 1.4 1.4 1.4
Cost MS65+ $5,625 $3,075 $21,375 $3,875 $6,600 $5,250 $1,587 $5,475
Cost/Oz. MS65+ $45,000 $24,600 $85,500 $15,500 $13,200 $10,500 $1,587 $5,475
Price-to-Gold Weight Ratio MS65+ 75 41 142 26 22 18 2.6 9.1
Gold Coin Weight of Gold (Oz.) Cost Cost/Oz. Price-per-Oz. Ratio Cost Cost/Oz. Price-per-Oz. Ratio
- - MS61+ MS61+ MS61+ MS65+ MS65+ MS65+
$2.5 Indian 1/8 $425 $3,400 5.7 $5,625 $45,000 75
$2.5 Liberty 1/8 $381 $3,050 5.1 $3,075 $24,600 41
$5 Indian 1/4 $788 $3,150 5.3 $21,375 $85,500 142
$5 Liberty 1/4 $282 $1,125 1.9 $3,875 $15,500 26
$10 Indian 1/2 $738 $1,475 2.5 $6,600 $13,200 22
$10 Liberty 1/2 $419 $838 1.4 $5,250 $10,500 18
$20 St. Gaudens 1 $844 $844 1.4 $1,587 $1,587 2.6
$20 Liberty 1 $838 $838 1.4 $5,475 $5,475 9.1
Prices of coins based on spot gold at $600 per ounce.
Formulas
Cost of coin per ounce = Cost divided by weight in ounces (Oz.)
Price-per-Ounce Ratio = Cost of coin per ounce, divided by spot gold ($600 per ounce)
Terms and Symbols
MS61 = Mint State 61 - Certified Coin
MS65 = Mint State 65 - Certified Coin
MS61 Mint State Grade with 25% mark up
MS65 Mint State Grade with 25% mark up
--------------------------------------------------------------------------------
How to use the Price-per-Ounce chart for various coins
To learn how to use the price-per-ounce chart, let’s take one coin, a $2.5 Indian, for example, and follow it across the price-per-ounce chart. First, the $2.5 Indian contains almost one-eighth (1/8) of an oz of gold (Weight of Gold (Oz.) on the chart). Now, to determine the actual cost-per-ounce, divide the Cost (MS61+ 25% mark up) by Weight in ounces. I have used a 25% mark-up on these coins in the chart, because coin companies typically mark these coins up at a minimum of 25% all the way to over 100%. I am being conservative for the point of illustration.
Now we arrive at the price-per-ounce (Cost/Oz) for that MS61 $2.5 Indian at $3,400. For the last step in the price-per-ounce chart, to arrive at the Price-per-Ounce Ratio, divide the price per ounce for the coin, which is $3,400, by the spot price for gold that day, which is $600, and we get 5.7. In other words, by paying $425 for that 1/8 ounce, MS61 $2.5 Indian, the buyer paid 5.7 times the current spot gold price ($600) for that coin.
Shocking? Just wait. Let’s look at the numbers for the MS65 $2.5 Indian. Going across the price-per-ounce chart and repeating the process again, the MS65 Grade with a 25% mark up cost $5,625, divided by 1/8 oz. = $45,000 per ounce for that coin. Now, take $45,000 and divide it by the spot gold price of $600 an ounce and we get a Price-per-Ounce Ratio of 75. And that MS65 $2.5 Indian is not the worst scam on the chart. The MS65 $5 Indian costs $21,375 per coin with a cost per ounce of $85,000, divided by $600 spot, which yields a Price per Ounce Ratio of 142.
Many successful BST transactions ajia
(x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes,
mariner67, and Mikes coins
(x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes,
mariner67, and Mikes coins
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Comments
1977 price (ratio @ $200/oz.) 2008-10 price (ratio @ $1100/oz.) price @ 1977 ratio
1840 XF 250 (2.5) 975 (1.77) 1375
1845 XF 225 (2.25) 1050 (1.91) 1238
1849 XF 225 (2.25) 1150 (2.09) 1238
1872-S XF 325 (3.25) 1250 (2.27) 1788
1894-O MS 175 (1.75) 1200 (2.18) 963
1899-O MS 175 (1.75) 1250 (2.27) 963
1904-O MS 175 (1.75) 1050 (1.91) 963
The short answer is, the older no motto collector grade stuff has seen margin compression whereas the with motto MS stuff has seen margin expansion. Keep in mind that some of the current prices for the MS coins have gone to the upside recently ($1400 according to PCGS for the 1904-O in MS 62), so margins at current prices are likely greater than shown here.
(1977 prices are from an old Red Book)
hell, what about the "value" of paintings and sculptures in terms of the intrinsic values of canvas, paint, marble, and bronze?
Liberty: Parent of Science & Industry