Message:

<p>[QUOTE=&quot;skinnyeddie, post: 193019, member: 6638&quot;]This is a newbie question to be sure, but what is the story with the values on gold coins the mint makes?&nbsp; For example, they have some one ounce golden eagles on there selling for $800.&nbsp; Yet, the coin is designated as a &quot;50 Dollar&quot; coin on the reverse.</p><p><br /></p><p>Does this mean if I was stupid enough to take it out and use it to buy groceries it can be used as legal tender, but only in the amount of $50?&nbsp; Why would the coin be given a face-value at only $50 if the price of gold is so much higher than that?&nbsp; Is it just &quot;because the mint says so&quot; regardless of the actual gold value of the coin?&nbsp; The same way an old silver quarter is worth more than it&#039;s face value?[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in