Value of an 1887 gold Kaiser Wilhelm I (King of Prussia) 20 mark coin?
I just can't make sense of the stuff on the web. I basically want to know what a numismatist might offer me. And the possible range from the lowest to the highest. It's in pretty good shape, had been set into a pendant frame (or whatever it's called) with little claws--not soldered together. It's been sitting in my jewelery box for 18 years or so, and I've only worn it a couple of times as the chain broke years ago and I hadn't found another one. Personally, wearing coins as jewelery isn't my thing.
Very nice and detailed answer! As it turns out, I got a nice price, and it was based on the value of the gold alone, $190. Also got a nice extra for the 18K bezel. I was surprised to get that and pleased with the extra cash in pocket for something that had been gathering dust in my jewelry box.
Filed under Gold Coin Jewelry by on Aug 26th, 2010. Comment. 
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Comments on Value of an 1887 gold Kaiser Wilhelm I (King of Prussia) 20 mark coin?
The 1887 20 Mark gold coin from the German State of Prussia is a rather common coin. It had a mintage of 5,645,000 and since it will have marks on it from the bezel and has wear it would probably go to the melting pot. Even ones in mint state end up there a lot. It has . 2304 oz of actual gold weight. That is a little less than a 1/4 ounce. It’s value depends on what gold is selling for the day you sell it. Dealers go by the London spot and pay a percentage less. This differs from coin dealer to dealer so you need to see more than one or call more than one on the day you want to sell it. You do not have a cut and dry collector coin, it’s value is the gold. Not all things old have a high value, I can get 200 BC copper coins for a few dollars each and that makes them 2,200 years old. Hope this answers your question.