Gold, silver, and other precious metal prices fluctuate many times a day. Gold, in particular has risen hundreds of dollars per ounce in the past few years. You may check the internet for current prices on such sites as kitco. So, by the time you get this answer, it will probably be off. The coin you have is known as a 'bullion' coin. That is, it has value mostly in weight in pure gold rather than being a particularly rare or valuable coin. Bullion prices are generally stated as 'spot' which means just bullion at that SPOT in time in the market. A coin will sometimes carry a premium over the spot price since a little more work was involved in producing a coin over just a slab or 'ingot'. The price can be had by looking on the various websites which deal in gold coins such as Monex and Kitco. Keep in mind that they will pay less to buy a coin that what they will sell the same coin for. This is normal business and that is known as the 'spread'. Better deals can be had buying (or selling) many ounces than just one. Having said all that, the price at this moment in time, 12-26-07, in New York for BULLION is $825 per ounce. One popular coin firm is offering the 1 Ounce Eagle for $869, so you see that there is a premium for the coinage, and keep in mind also that this is retail. Walk-in coin shops will generally offer you 75% to 90% to purchase for cash, and private individuals usually pay very close to spot price. Again, check the internet for a current price, because gold changes as much as gasoline prices. They are both commodities.
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