Hungary 50 Forint Gold Melt Value (1961)

A Hungary 50 Forint (Gold) contains 0.1217 troy oz of pure gold, worth $486.29 at today's spot price.

Hungary struck the 50 Forint gold coin in 1961 in 98.6% gold. Each coin weighs 3.838 g and holds 0.1217 troy oz (3.784 g) of pure gold.

1961

$486.29 melt value per coin

0.1217 troy oz gold · 98.6% gold

Melt values use these spot prices (US dollars):

  • Gold $3,996.90 per troy oz Current quote · Quote time Oct 23, 7:10 PM EDT

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 1961
Face value 50 Forint
Composition 98.6% gold
Gross weight 3.838 g
Fineness .986 (98.6%)
Pure metal 0.1217 troy oz (3.784 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.

  • 3.838 g × .986 fine ÷ 31.1035 g per troy oz = 0.1217 troy oz
    0.1217 troy oz × $3,996.90 spot = $486.29

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.

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