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Old 05-09-2014, 05:13 PM   #1 (permalink)
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Default Is it worth it to exchange money for Gold $1 coins?

I am a little new to this. Is it worth it to get these at the bank?
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Old 05-09-2014, 05:19 PM   #2 (permalink)
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I am a little new to this. Is it worth it to get these at the bank?
If it was worth it wouldn't everyone be doing it lol

The conent of the coins is worth much less than a dollar
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Old 05-09-2014, 05:37 PM   #3 (permalink)
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I think it's fun to spend them. Most places dont use them that often, so it's always fun to have a cashier do a quick double take. It's also fun to get $2 bills and spend those at random places. Those seem to be pretty scarce and it always gets strange looks, lol.

But ya...$1 coin is worth $1. Would you rather carry a bill or a coin? I vote both
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Old 05-09-2014, 06:00 PM   #4 (permalink)
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Yeah. I did get 17 today anyway. I guess these wont be in my collection
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Old 05-09-2014, 06:03 PM   #5 (permalink)
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They're not real gold, you know.
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Old 05-10-2014, 08:22 AM   #6 (permalink)
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They're not real gold, you know.
They aren't? Damn.
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Old 05-10-2014, 12:58 PM   #7 (permalink)
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If you get some proof like ones, they're worth keeping because these don't wear well at all.
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Old 05-10-2014, 01:25 PM   #8 (permalink)
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They're not real gold, you know.
WHAT?!?!?!? Yes I know they aren't real gold
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Old 05-11-2014, 01:30 AM   #9 (permalink)
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NO.. don't do it ..... The Presidental Gold Dollars are actually brass plated and have a metal value of a whooping 5 cents, to get for value for your buck get 1909-1982 pennies (95% copper) which is actual worth 2 cents each because of the metal content the next best value metal value wise would be the nickel with a metal value of a nickel. Check out the following for a better understanding of coins.

Current Melt Value Of Coins - How Much Is Your Coin Worth?
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Old 05-11-2014, 05:14 PM   #10 (permalink)
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They are worth $1, so at least your not losing money exchanging a $1 bill for them...
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Old 05-13-2014, 11:38 AM   #11 (permalink)
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NO.. don't do it ..... The Presidental Gold Dollars are actually brass plated and have a metal value of a whooping 5 cents, to get for value for your buck get 1909-1982 pennies (95% copper) which is actual worth 2 cents each because of the metal content the next best value metal value wise would be the nickel with a metal value of a nickel. Check out the following for a better understanding of coins.

Current Melt Value Of Coins - How Much Is Your Coin Worth?
booo so me collecting 1 of each of all the presidential gold dollars isn't gonna be of much value?
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Old 05-19-2014, 04:14 PM   #12 (permalink)
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booo so me collecting 1 of each of all the presidential gold dollars isn't gonna be of much value?

na not really. I have a my dollar coin collection up to date. It's something fun to collect, especially if you try to get both the "P" and "D" coins. Some even collect the Type A and Type B (orientation of the writing on the rim of the coin). I just keep my little collection up to date as they release coins in general circulation.
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Old 05-19-2014, 04:18 PM   #13 (permalink)
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booo so me collecting 1 of each of all the presidential gold dollars isn't gonna be of much value?
Probably not, rule of thumb is if something is made to be collectible, it probably won't be. Ask all the people who spent money on Elvis Presley limited edition plates.
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Old 05-26-2014, 05:10 PM   #14 (permalink)
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