These 90% gold coins are historic, constitutional money that once circulated in America. One might consider these coins as the gold equivalent to “junk” silver (aka pre-1965 90% coin values that are basically worth the melt value, silver dollars, quarters, or dimes).
These coins may be in polished or cleaned condition and are NOT slabbed or graded. Some coins may have extensive wear. However, these coin values are based on the fact that they are gold.
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Originally Posted Here: The 5 Dollar Gold Eagle Coins are Selling at Prices Which Reflect Their Actual Gold Content