What is melt value and purity of Japan 2 Bu 1860 for example?

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Aspie_Rocco
Aspie_Rocco Posts: 3,872 ✭✭✭✭✭
in World & Ancient Coins Forum

Curious about the gold content and purity in the 2 Bu rectangles. Also curious about other Japan gold from mid to late 1800s

https://www.autismforums.com/media/albums/acrylic-colors-by-rocco.291/

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  • JohnnyCache
    JohnnyCache Posts: 1,920 ✭✭✭✭✭
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  • Sapyx
    Sapyx Posts: 2,619 ✭✭✭✭✭
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    So let's see... by my reckoning, that would be:
    Gold: 5.62g x 0.209 x .0321507 toz/g = 0.03776 ounces, or US$70.27 at current gold spot.
    Silver: 5.62g x 0.791 x .0321507 toz/g = 0.1429 ounces, or US$3.23 at current silver spot.

    Of course, you'd have to subtract the cost of actually separating those ingredients, which would probably be more than the $3 value of recovered silver. There's not much demand for pre-mixed .209 fine gold that's alloyed with silver.

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