---
title: 'Selling My 1 Ounce Gold Coin'
source: 'https://youtube.com/watch?v=QtPJScrzDRg'
video_id: 'QtPJScrzDRg'
date: 2026-08-05
duration_sec: 72
---

# Selling My 1 Ounce Gold Coin

> Source: [Selling My 1 Ounce Gold Coin](https://youtube.com/watch?v=QtPJScrzDRg)

## Summary

The video documents a person finding a 1920 $20 gold Liberty coin in a kitchen drawer and taking it to a coin dealer to determine its value and sell it. The dealer explains the coin's gold content, melt value, and offers a price based on the current spot price of gold.

### Key Points

- **Coin Identification** [00:04] — The coin is identified as a 1920 $20 gold Liberty coin, minted from 1850 to 1907.
- **Gold Content and Melt Value** [00:17] — The coin contains 0.9675 ounces of gold. With spot price at $4145, the melt value is $4010.
- **Dealer Offer** [00:30] — The dealer offers $4000 as a 'bro price', slightly below melt value.
- **Historical Fact** [00:43] — In 1900, a $20 bill could be exchanged for this coin, highlighting its face value equivalence.
- **Sale Completed** [00:56] — The seller accepts the $4000 cash offer, completing the transaction.

### Conclusion

The video demonstrates a straightforward coin sale, emphasizing the importance of knowing the gold content and spot price when selling gold coins.

## Transcript

found in my kitchen drawer. What's it worth? And can I sell it today? >> Okay, wow. This is cool. This is a 1920 dollar gold liberty. So, they made these dollar gold liberty. So, they made these coins from 1850 till 1907.
This coin actually contains 0.9675 of an ounce of gold in it. So, they trade right around there. So, spot price right now is 4145 here. So, right now this melts for 4,010
bucks. You're Humphrey. Give you the bro price. $4,000 even. >> bro price at Witter Coin gets me $4,000 for that coin I found in my kitchen drawer. And uh is there anything else I should know about that coin before I
just sell it to you for money? >> Back in 1900 they used to make bills, like $20 notes. You could actually change a $20 bill in for this coin. So, interesting fact. [music] >> In terms of cash, do you actually have
4K in cash or do you Okay. I'll take it. >> Okay, cool. Sweet. 1 2 3 4 5