McKinley Memorial $1 (1916-1917) melt value

Melt / coin$212.37

Gold spot$4,390.60

AGW0.04837 oz

Gross weight1.672 g

Fineness89.98%

Gross troy oz0.0538

Coins / oz20.67

How this melt is figured

A McKinley Memorial $1 (1916-1917) weighs 1.672 grams at 89.98% fine. That is 0.04837 troy ounces of pure gold (AGW). Melt = 0.04837 × today’s gold spot of $4,390.60.

Date and mintmark do not change the metal. An early date and a common date of this type have the same melt. Collector value — what someone will pay above the metal — is a different question. For sold prices see Sold Comps.

Quick amounts

Using $4,390.60 gold.

You have	Pure oz	Melt
1 coin	0.0484	$212.37
10 coins	0.4837	$2,123.73
20 coins	0.9674	$4,247.47

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Questions people ask

How much pure gold is in a McKinley Memorial $1 (1916-1917)?

Mint spec is 1.672 grams at 89.98% fine, which is 0.04837 troy oz of pure gold (AGW). Date and mintmark do not change that.

What is a McKinley Memorial $1 (1916-1917) worth in melt today?

At gold spot of $4,390.60 per troy oz, one coin’s melt is $212.37. Multiply by how many you have. A rare date or a nice grade can sell for more than melt.

How many McKinley Memorial $1 (1916-1917)s equal one ounce of gold?

About 20.67 coins equal 1.00 troy oz of pure gold at mint weight.

Does mintmark change the melt value?

No. A Philadelphia, Denver, or San Francisco coin of this type has the same metal. Melt is type × composition, not date or mintmark.

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How this melt is figured

Quick amounts

Where gold has been.

Email me if this coin’s melt crosses a number I set.

Same metal, nearby coins.

Questions people ask