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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
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. The information in this price-per-ounce chart will help you decide which gold coins are the best value and will most preserve your wealth, both for now and the future, for intergenerational wealth preservation.

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