Korea 5 Won Gold Melt Value (1908–1909)

A Korea 5 Won (Gold) contains 0.1206 troy oz of pure gold, worth $481.89 at today's spot price.

Korea struck the 5 Won gold coin from 1908 to 1909 in 90% gold. Each coin weighs 4.167 g and holds 0.1206 troy oz (3.750 g) of pure gold.

1908–1909

$481.89 gold melt value per coin

0.1206 troy oz gold · 90% gold

Melt values use these spot prices (US dollars):

  • Gold $3,996.90 per troy oz Current quote · Quote time Oct 24, 1:20 AM 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 1908–1909
Face value 5 Won
Composition 90% gold
Gross weight 4.167 g
Fineness .900 (90%)
Pure metal 0.1206 troy oz (3.75 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.

  • 4.167 g × .900 fine ÷ 31.1035 g per troy oz = 0.1206 troy oz
    0.1206 troy oz × $3,996.90 spot = $481.89

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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