Melt Value Is a Floor, Not a Sale Price
Every coin below lists its Actual Gold Weight (AGW) — the amount of pure gold it contains in troy ounces — which is what this calculator prices, not the coin's total weight or face value. Modern bullion coins (Eagle, Buffalo, Krugerrand, Maple Leaf) trade close to melt value plus a small premium. Pre-1933 US coins (Double Eagle, Eagle, Quarter Eagle) and coins with numismatic/collector value can sell well above melt — always check a coin's collector value before assuming melt is what it's worth.
How Melt Value Is Calculated
Every coin's melt value uses the same formula: its Actual Gold Weight (AGW, in troy oz — a fixed mint spec, not derived from karat) multiplied by the troy-oz-to-gram conversion and the live 24K (pure gold) price per gram. See the full methodology for the underlying spot/FX calculation.
melt_value(qty) = melt_value(coin, USD) × quantity
Melt Value by Coin (at Today's Spot Price)
| Coin | AGW | Melt Value (USD) |
|---|---|---|
| American Gold Eagle (1 oz · .9167 fine) | 1.0000 oz | |
| American Gold Eagle (1/2 oz · .9167 fine) | 0.5000 oz | |
| American Gold Eagle (1/4 oz · .9167 fine) | 0.2500 oz | |
| American Gold Eagle (1/10 oz · .9167 fine) | 0.1000 oz | |
| American Gold Buffalo (1 oz · .9999 fine) | 1.0000 oz | |
| Krugerrand (1 oz · .9167 fine) | 1.0000 oz | |
| Canadian Gold Maple Leaf (1 oz · .9999 fine) | 1.0000 oz | |
| British Sovereign (.9170 fine) | 0.2354 oz | |
| $20 Liberty/Saint-Gaudens Double Eagle (pre-1933 · .9000 fine) | 0.9675 oz | |
| $10 Liberty/Indian Head Eagle (pre-1933 · .9000 fine) | 0.4838 oz | |
| $2.50 Liberty/Indian Head Quarter Eagle (pre-1933 · .9000 fine) | 0.1209 oz |