A Costa Rica 2 Colones (Gold) contains 0.0450 troy oz of pure gold, worth $179.96 at today's spot price.
Costa Rica struck the 2 Colones gold coin from 1897 to 1928 in 90% gold. Each coin weighs 1.556 g and holds 0.0450 troy oz (1.400 g) of pure gold. The colon was also used in El Salvador.
Melt values use these spot prices (US dollars):
- Gold $3,996.90 per troy oz Current quote · Quote time Oct 23, 10:29 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Some prices could not be refreshed recently and may be out of date.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 | 1897–1928 |
|---|---|
| Face value | 2 Colones |
| Composition | 90% gold |
| Gross weight | 1.556 g |
| Fineness | .900 (90%) |
| Pure metal | 0.0450 troy oz (1.4 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.
-
1.556 g × .900 fine ÷ 31.1035 g per troy oz = 0.0450 troy oz
0.0450 troy oz × $3,996.90 spot = $179.96
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.