Price Paid For vs. Legal Tender Value?
If I buy an 2007 American Buffalo Gold Coin for $889 and the Legal Tender Value is $50; what do I get when I resell? Will it only be worth $50 when I go to use it at a merchant?
If you wanted to you could use it for $50 I guess but if it is solid gold then you could keep a hold of it and you will be able to sell it for the price of gold as well as a collectors item which will make it worth even more. Just for instance, we received gold coins at the mine I work at for being safe. They were valued at $550 each for weight in gold then the collectors part sent it up to almost $650 that people were paying to get their hands on these gold coins.
Gold coins, Legal tenders and Rounds, African rounds Krugerrand gold
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100 GOLD CLAD LEGAL TENDER WORLD COIN LOT COLLECTION $$ $59.95 |
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150 GOLD CLAD LEGAL TENDER WORLD COIN LOT COLLECTION $$ $249.95 |
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50 GOLD CLAD LEGAL TENDER WORLD COINS W PIRATE LOOT BAG $78.90 |
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25 GOLD CLAD LEGAL TENDER WORLD COINS W PIRATE LOOT BAG $49.95 |
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100 GOLD CLAD LEGAL TENDER WORLD COIN LOT COLLECTION $$ $199.95 |
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10 GOLD CLAD LEGAL TENDER WORLD COINS W PIRATE LOOT BAG $19.95 |
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Mettler Toledo® JL1502-GL Silver Legal For Trade Scales for Gold, Coins, Jeweler $153.49 |
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2002 $4 Gold Stella Pattern Proof Legal Tender Coin – RARE $39.95 |
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£25 LEGAL TENDER GOLD COIN ISSUED GUERNSEY 2002 – GOLDEN JUBILEE – ONE OF 5000 $592.61 |
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JOHN WAYNE *The Duke* 24K Gold U.S Legal Tender 2-Coin Set *Officially Licensed* $12.95 |
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The Life & Times of BARACK OBAMA – 24K Gold Plated – United States Legal Tender 5-Coin Set $14.99 The Life & Times of BARACK OBAMA 24K Gold Plated United States Legal Tender 5-Coin Set…..THANK YOU FOR LOOKING AT OUR SITE…. |
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Brief History of the Gold Standard in the United States – CRS Report $0.99 The U.S. monetary system is based on paper money backed by the full faith and credit of the federal government. The currency is neither valued in, backed by, nor officially convertible into gold or silver. Through much of its history, however, the United States was on a metallic standard of one sort or another.On occasion, there are calls for Congress to return to such a system. Such calls are usu… |