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 Replies: 25 / Views: 5,267 |
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Pillar of the Community
United States
2189 Posts |
$44.92 is the melt value for 10K at 2 grams, but for someone that really wants it could go for a little more.
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Valued Member
 United States
458 Posts |
Nickel, what was the purpose of that post?
I am merely conversing with a fellow collector.
I appreciate the post though.
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Valued Member
United States
458 Posts |
@unholyroller -
Bought it for the price I wanted :) Cant wait to add it to my collection! Ill upload pictures if I can get any decent pictures taken when it gets here.
Thread closed :)
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Pillar of the Community
United States
2189 Posts |
Congrats to ya,Good deal.I'm sure it will go with your collection very nicely and for less than it takes to fill up my tank. When my tank of gas is gone,you'll still have that coin.
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Valued Member
United States
458 Posts |
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Pillar of the Community
United States
2208 Posts |
The big letters say Pure Gold" and the small letter say "50% Pure Gold."
Can someone please explain to this English major what "50% Pure Gold" means?
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Rest in Peace
United States
9104 Posts |
Quote:
I doubt this coin is "solid gold" as in at least .99, but it may be more than a 10k alloy. The seller says it weighs 2 grams.....off the top of my head that would be about $125 if it was "solid gold". It's a mystery to me, but right now the bid is at $36....so you'd be in the money in any case other than "gold-plated" Solid gold has nothing to do with purity, except that to be called gold in the US, it must be at least 10K. Solid simply means it's gold all the way thru, not plated. |
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Rest in Peace
United States
9104 Posts |
50% pure gold means .500 fine, all the way thru.
The seller is making the common mistake of confusing "pure" (parts per thousand) gold with "solid" (not just the outer layer) gold.
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Pillar of the Community
Canada
598 Posts |
Sorry for not replying before/sooner SilverCoinBoi... but when I read your post(s) before, you seemed to have the matter well in hand. Later posts I did not see 'till now.  Anyway, here's a bad picture with the C.O.A. of mine VVV  I haven't taken mine apart to weigh, but I will post the specs that I have below... shortly.  >>>edit >>> okay, not much to add, but all I have for specs are, "US BICENTENNIAL GOLD MEDAL 10kt 1.55 GRAM 20mm w COA". Edited by IBGolden
10/11/2011 10:09 pm
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Pillar of the Community
United States
3076 Posts |
I can see this is one of those in between things,posts/listings where the real truth is not entirely stated by the sellers, hoping for over the top bidders who know nothing...In this case they would not be lying..to say pure gold...one must know and research, just how pure the content is to value the money your spending against the actual gold content within the coin is...
This is a "loop hole" in the buyers be ware point of view...
as its not "plated" it is deemed pure gold.. and while a "ring" must disclose its carat value.. coins NEVER HAVE...
have... so it is "BUYER BEWARE"...and know or learn what you are buying to understand your investment values...
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Replies: 25 / Views: 5,267 |
First Page
Posted 10/10/2011 8:58 pm
