Q:

How do you determine the value of a five dollar gold coin?

A:

Quick Answer

To determine the value of a $5 golden coin, visit a website that offers current values, such as CoinStudy.com. The site offers pricing information for the Liberty $5 gold coin, minted between 1839 and 1908, and the Indian $5 gold coin, minted between 1908 and 1929. The value of a gold coin varies depending on the condition, date and mint location as well as the going trade price for gold commodities.

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Full Answer

CoinStudy.com offers pricing charts that list current prices, updated weekly, for very fine, extremely fine, about uncirculated and uncirculated coins, with images and guidelines to assist collectors in determining the conditions of their coins. After identifying the condition of your coin, look up the value on the table by date and minting location.

To determine the minting location, identify the mintmark on the face of the coin. A “C” mintmark indicates that the coin was minted in Charlotte, North Carolina; an “O” indicates New Orleans, Louisiana; an “S” indicates San Francisco, California; and a “CC” indicates Carson City, Nevada. For the Liberty coin, the mint for coins with a “D” mintmark was Dahlonega, Georgia, until 1861, and Denver, Colorado, thereafter. For the Indian coin, a “D” indicates the Denver mint for all dates. Both Liberty and Indian $5 dollar coins from the Philadelphia, Pennsylvania, mint do not have mintmarks.

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