The 1999 $5 gold coin is essentially just valued for its bullion, which means its value changes based on the current price of gold. This coin weighs a tenth of an ounce, so you can divide the current price of gold by ten to get the precious metal value of this coin.
What was the price of a dollar in 1999?
$1 in 1999 is equivalent in purchasing power to about $1.89 today, an increase of $0.89 over 26 years. The dollar had an average inflation rate of 2.49% per year between 1999 and today, producing a cumulative price increase of 89.37%.
What is the meaning of the 1999 10th ounce coin?
The 1999 10th ounce coin bears the inscription: 1999 – Liberty – United States of America – E Pluribus Unum – In God We Trust – 1/10 OZ. Fine Gold ~ 5 Dollars. The front or obverse of the coin depicts Lady Liberty holding a torch and branch. The back or reverse of the coin features an eagle.
