An Austria 1 Krone (Gold) contains 0.3215 troy oz of pure gold, worth $1,285.03 at today's spot price.
Austria struck the 1 Krone gold coin from 1858 to 1866 in 90% gold. Each coin weighs 11.111 g and holds 0.3215 troy oz (10.000 g) of pure gold. The krone was also used in Liechtenstein.
Melt values use these spot prices (US dollars):
- Gold $3,996.90 per troy oz Current quote · Quote time Oct 24, 11:09 PM EDT
Some prices could not be refreshed recently and may be out of date.
Melt value is the metal content at spot price, not a buy or sell price. Collectible coins can be worth much more. For reference only.
Specifications
| Years | 1858–1866 |
|---|---|
| Face value | 1 Krone |
| Composition | 90% gold |
| Gross weight | 11.111 g |
| Fineness | .900 (90%) |
| Pure metal | 0.3215 troy oz (10 g) |
How the melt value is worked out
Melt value is the pure gold in the coin multiplied by the spot price. We use the coin's standard minted weight; worn coins weigh slightly less.
-
11.111 g × .900 fine ÷ 31.1035 g per troy oz = 0.3215 troy oz
0.3215 troy oz × $3,996.90 spot = $1,285.03
Melt value vs. collector value
Melt value is a floor, not a price. Better dates, coins with mint luster and graded coins often sell well above melt; key dates and rare varieties can be worth many times more. Check the date and mint mark before selling a coin for its metal.