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Australian Gold Coin

Frequently Asked Questions...
Have a gold coin I want to sell- good idea?
Royal Australian Mint Uncirculated Two Hundred Dollar Coin 1984
Apparently, (google) it is now worth $265AUS= $360NZD
Is this good?
Well my questions are these:
I plan to sell my gold at one of those stalls at my mall. Are they good?
Advice would be appreciated. Thanks
Its has 10g of gold
22 carat
Answer:
I'm not familiar with the coin but you can judge for yourself if you know how much gold it contains.
At the present time Gold is $1409.60 ( US Dollars ) per troy ounce. Yes, I came across a blog describing the coin ........ Composition is 91.67% gold and 8.33% copper. Edge reeded. Weight 10 grams. Diameter is 24 mm. ...................
So, it contains 9.167 grams of pure gold.......1 Troy ounce equals 31.103 grams.....So, Gold is priced at $45.3199 ( US dollars ) per gram . ....9.167 times $45.3199 equals $ 415.44 ( US dollars ) that is the value of the gold your coin contains. .....$415.44 US dollars equals $408.05 Australian dollars.
All the values are there, so you can check my math.
Unfortunately most dealers seek a unreasonable amount of profit. They buy low then sell that very same coin for a much higher price....that is the disadvantage of going to a dealer.
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Treasure hunters have recovered gold from a Victorian shipwreck which sunk off Anglesey while returning laden with riches from the Australian gold rush.
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