Are there 5-dollar gold coins?

Answer by  bashar (80)

Prior to 1933 gold coins were available in $5, $10, and $20 denominations. However, the U.S. is no longer on the gold standard, and the amount of gold in a $20 gold coin is now worth over $1000. You can get 5-dollar gold coins from a coin dealer or ebay, but you'll spend a lot more than $5!

Answer by  Bill78 (179)

There used to be, as they were minted in the United States from 1795 to 1929, but many were melted down, since the amount of gold in them exceeded the $5 face value. About the only way to obtain one would be at auctions or coin shows.

Answer by  iggypop (111)

The US Treasurey does not currently mint 5 dollar gold coins. The reason is due to the value of the commodity vs. the size of the resulting currency. Five dollars of gold is barely enough to make a solid droplet. However you can purchase non-US currency 5 dollar gold coins that contain diluted quality (3-5 carat).

Answer by  Guam (158)

Yes there is actually a five dollar gold coin. They actually coat a lot of money. You can probably find them on eBay or places that sell gold.