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Please explain pre 1933 gold coins that survived confiscation/melt
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<p>[QUOTE="krispy, post: 2066494, member: 19065"]Numismatic value is subjective, though it's something you can estimate and perhaps express in a range of values using auction results of similar pieces, to some degree. </p><p><br /></p><p>Very generally speaking, yes, there certainly can be impact on a numismatic coins' value due to moves in spot price, but less so with rarities and key dates, more so with newer coins sold by Mints or non-rare common pieces. We see the US Mint regularly adjust its numismatic gold products per moves in the market. There is a matrix they follow for pricing. </p><p><br /></p><p>You can always determine the intrinsic value of any coin with precious metals compositions. Just look up the specifications for the coin, get the actual silver, gold, platinum, palladium weight for that coin, then put it into a Precious Metals calculator such as this one <a href="http://dendritics.com/metal-calc/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://dendritics.com/metal-calc/" rel="nofollow">Dendritics,</a> and it will find the intrinsic value based on current market spot price.[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 2066494, member: 19065"]Numismatic value is subjective, though it's something you can estimate and perhaps express in a range of values using auction results of similar pieces, to some degree. Very generally speaking, yes, there certainly can be impact on a numismatic coins' value due to moves in spot price, but less so with rarities and key dates, more so with newer coins sold by Mints or non-rare common pieces. We see the US Mint regularly adjust its numismatic gold products per moves in the market. There is a matrix they follow for pricing. You can always determine the intrinsic value of any coin with precious metals compositions. Just look up the specifications for the coin, get the actual silver, gold, platinum, palladium weight for that coin, then put it into a Precious Metals calculator such as this one [URL='http://dendritics.com/metal-calc/']Dendritics,[/URL] and it will find the intrinsic value based on current market spot price.[/QUOTE]
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Please explain pre 1933 gold coins that survived confiscation/melt
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