Value of $200 coin when released

Discussion in 'Gold Coins' started by Court Jester, Jul 10, 2014.

  1. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    I just saw a FS thread for a 1982 $200 gold coin, and I did some googleing.

    Gold in 1982 was about $400 USD average

    The AUD to USD went between 1.13 and 0.94c

    Meaning that the $200 face value coin had approx $111 worth oh gold in it when it was made.

    Is this correct as it is not the norm today ( the face value is much less than the metal content )
     
    Court Jester, Jul 10, 2014
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  2. Htu08

    Htu08 Member

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    It makes sense. Those fiat for metal swap coins occur all the time still now. Think the $10 silver coins with 10 grams of silver or so.
     
    Htu08, Jul 10, 2014
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  3. errol43

    errol43 New Member Silver Stacker

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    ^^^^^$10 coins with 10 grams of silver. :) Make that 20 grams. ASW Just under .6oz.

    IMO one of the best buys around

    Disclaimer. I own quite a few./

    Regards Errol 43
     
    errol43, Jul 10, 2014
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