What is melt value for the $2.5 Indian gold?
Rob85635
Posts: 1,230 ✭✭✭
If I calculated it right, it would be about $105.00, is that about right? If not what is it.
The reason I am asking is simple. I know of one that was sold and the recipient got $75. I would hope such a treasure would never be melted but I am trying to figure out just how much this person got ripped off. I have no idea of the condition but it was a 1915 or a 1925 piece. Even if this coin was cleaned/whizzed/run over by a tank, whatever, I want to know at very minimum what this would be worth for its gold content.
The reason I am asking is simple. I know of one that was sold and the recipient got $75. I would hope such a treasure would never be melted but I am trying to figure out just how much this person got ripped off. I have no idea of the condition but it was a 1915 or a 1925 piece. Even if this coin was cleaned/whizzed/run over by a tank, whatever, I want to know at very minimum what this would be worth for its gold content.
Rob the Newbie
0
Comments
http://www.coinflation.com/gold_coin_values.html
Sorry I don't know how to Link.
<< <i>Try This web site.
http://www.coinflation.com/gold_coin_values.html
Sorry I don't know how to Link. >>
Clicky Clicky
<< <i>If I calculated it right, it would be about $105.00, is that about right? If not what is it.
The reason I am asking is simple. I know of one that was sold and the recipient got $75. I would hope such a treasure would never be melted but I am trying to figure out just how much this person got ripped off. I have no idea of the condition but it was a 1915 or a 1925 piece. Even if this coin was cleaned/whizzed/run over by a tank, whatever, I want to know at very minimum what this would be worth for its gold content. >>
Before the gold runnup I was buying 3 piece modern commem sets (with the $5 gold coin) for $90 to $95 (most common issues). It's amazing what they were going for just a few years ago.
I know this has nothing to do with your question, but sometimes gold at low prices just happens.
All always done in exact proportion to the denomination. Same as silver coins.
Ike Specialist
Finest Toned Ike I've Ever Seen, been looking since 1986
your linky no worky. Here's another shot at it:
Up-to-the-minute gold coin melt value
(they also have a calculator for silver coins)
Capital investment depends on confidence. - Martin Armstrong
One dollar silver coins, including both 90% and 40% are roughly 7% heavier than $1 in subsidiary coins.