What Is A 20 Peso Gold Coin Worth

2 4 5 10 and 20 pesos.

What is a 20 peso gold coin worth. Mexican gold peso coins are some of the most beautiful coins in the world. The addition of copper during the minting process gives the gold peso coins a hardness that gold alone cannot provide. Of these 4 million coins nearly all of them are dated 1947. 1 2057 of an ounce.

Mexican gold pesos have been a gold bullion enthusiasts favorite for years because of their beautiful designs and reasonable trading price. In 1915 and 1916 cuba issued several nice looking gold coins in five denominations. For example a two peso gold coin contains 0482 troy ounces of gold. All values shown in usd.

The addition of copper during the minting process gives the coins a density that gold alone cannot provide. Today that price is approximately 1150 per ounce. These coins gain their value from the gold then contain. If your coin is in excellent condition you can add a small amount say 20 to the value to account for the fact that the gold has been minted into a nice looking coin.

1150 x 0482 55 43 the actual value of this coin. Coin value calculations use the 2 15 pm pdt gold price for october 02 2020. While that is only a 74 year span more than one hundred different types of 20 gold coins exist when you factor in all of the different denominations designs and mint marks. Twenty dollar gold coins were first issued by the united states mint in 1849.

The mexican gold peso is sought by both investors and collectors for its tremendous value and investment potential and for its historical value. Up until the introduction of the south african kruggerrand in 1967 the mexican gold peso was considered the purest gold coin in the world. Mexican gold 20 pesos mexican gold peso coins are some of the most beautiful gold coins in the world. The coins come in a variety of sizes and weights from the 2 peso all the way up to the 50 peso.

The total gold content of the mexican 50 peso coin is 1 2057 troy ounces and the coins commonly sell for a small premium above the gold contents value. Minted in mexico city the mexican gold peso coins contain 90 fine gold and 10 copper. Using the table above calculate the value of any coin by multiplying the gold content in troy ounces by the current spot price of gold. Rare 20 gold coin value guide.

The the coins value is 1 205 ounces x 1400 per ounce about 1700 kitco reports the current value of gold which is pure bullion value. The mexican 50 peso coin was minted from 1921 to 1947 but an additional 4 million coins were issued between 1949 and 1972. The values below only reflect the gold value not rarity or numismatic value.