Monday, November 19, 2012

Junk Gold

Junk Gold, is considered to be old real currency coins which do not have collector value due to condition of the coin.   Alot of unscrupulous hucksters sell this stuff at whatever premium they can steal through a sales pitch.

Good deals involve premiums similar to modern US gold coins.

What is neat is that some of these are as low as .1209 ounce of gold, or a bit over $200 notionally speaking.    I'll post more on the availability of these coins, as I am doing my own due diligence at this time.     


The Following Historic Coins (at Bullion Prices) May Be Offered:

From ILB Description Years Minted 
$2.50 Indian (0.1209 oz of gold content) 1908-1915 & 1925-1929



$2.50 Liberty (0.1209 oz of gold content) 1840-1907



$5 Liberty (0.2419 oz of gold content) Years Minted: 1839-1908



$5 Indian Head (0.2419 oz of gold content) Years Minted: 1908–1916, 1929



$10 Indian Head (0.4838 oz of gold content) Years Minted: 1907-1933



$10 Liberty (0.4838 oz of gold content) Years Minted: 1866-1907



$20 Liberty, aka "Double Eagle" (0.9675 oz of gold content) Years Minted: 1849-1907



$20 St. Gaudens (0.9675 oz of gold content) Years Minted: 1907-1933



http://goldprice.org/Calculators/Gold-Price-Calculators.html

Useful Link for calculations on Gold and Silver


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