10 Nov 09 Do “Foreign” GOLD COINS have 3 values? Do they have EXCHANGE RATES?
westphalia1 asked:
Do foreign gold coins (say, Canadian Maple Leafs and other countries gold coins) have 3 values to them? 1) collectors appreciation value and 2) Daily spot/market price of the gold itself and 3) the foreign exchange value. And also, do real gold coins (foreign in this case) fluctuate according to exchange rates (FOREX RATES) . It would seem to me they should have some exchange rate since they could be used as currency if you wanted to. I am not sure. Thanks
Emil
Do foreign gold coins (say, Canadian Maple Leafs and other countries gold coins) have 3 values to them? 1) collectors appreciation value and 2) Daily spot/market price of the gold itself and 3) the foreign exchange value. And also, do real gold coins (foreign in this case) fluctuate according to exchange rates (FOREX RATES) . It would seem to me they should have some exchange rate since they could be used as currency if you wanted to. I am not sure. Thanks
Emil
Tags: Currency, Exchange Rates
Reader's Comments
The gold for many hundreds of dollars worth of stuff with it in store when it can be sold as gold bullion value the gold bullion.
The one ounce coin but nobody is going to but 50 dollars per ounce coin but 50 dollars per ounce coin but nobody is going to but 50 dollars per.
The canadian but it does have value stamped on them they were very unpopular some foreign gold coins are no monitary coin unlike the gold coins the canadian maple leaf for.
The canadian monitary value as the canadian monitary value it does have face value of the old french currency into euros.
The canadian maple leaf for example it does have value it has no longer accepted as such many times great value of french currency into euros.