Thirteen Original States Bicentenial Proof Gold Medal. Minted by the Franklin Mint. Contains at least 42 grains of .500 fine gold. Comes with original case and certificate of authenticity. How much does it worth?
The standard answer to "what's it worth" questions, is that it's worth whatever someone is willing to pay for it. I have been able to find documentation that shows where three identical items have sold this month. One sold for $16.01 + $1.50 S&H Two others sold for $15.50 + $3.00 S&H
You're quite welcome. You can't find it in Krause, because it's not a coin. It is a commemorative medal, issued by a private mint. It is clasified as Exonumia.
Which simply substantiates my belief that Franklin Mint medals are not good investments. With 42 grains of .500 gold, it has .0437 troy oz., with a melt value between $17-18 at current spot prices for gold!
WHAT IS THE VALUE OF THIS GOLD MEDAL WORTH? IT IS PROOF IN A SEALED PLASTIC COIN CASE SET INTO A BLACK CARDBOARD HOLDER WITH FOLLOWING INFO. THE BICENTENNIAL COUNCIL OF THE THIRTEEN ORIGINAL STATES. OFFICIAL U.S. BICENTENNIAL GOLD MEDAL. PROOF 500/1000 FINE GOLD. ON THE VERSO IS MINTED BY THE FRANKLIN MINT, MADE IN U.S.A.
to Coin Talk Armand. Your question has already been answered in Post #2 of this thread. Franklin Mint medals/tokens are not coins. That type of exonumia generally sells for no more than a small premium over it's bullion value as metal. 42 grains of .500 gold = .04375 troy ounces of pure gold - worth about $24 at today's gold price, but probably just a tad more than what the three Jody found were worth as bullion two years ago.
