Dominican Republic 100 and 250 Pesos 1979

The Dominican Republic minted these nice coins to commemorate the visit of Pope John Paul II in 1979.

100 PESOS: 0.3472 troy ounces gold content
250 PESOS: 0.8999 ounces gold

Because these coins were minted for non-circulation, you can usually find them in brilliant uncirculated condition. Their value is equal to their gold content, plus a few dollars to account for collector demand.

For instance, if gold is trading at $1300 US dollars per troy ounce (see web sites such as kitco.com), multiply by either 0.3472 for 100 pesos or 0.8999 for 250 pesos to get the gold value: 0.3472 x 1300 = $450 US dollars gold value for 100 pesos, 0.8999 x 1300 = $1170 US dollars gold value for 250 pesos.

Once you have the gold value, add about $25 to account for collector demand. If the coin is damaged, say, with a fingerprint, do not add the collector premium.
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Coin: 19086, Genre: Colonizers and Colonies, Timeline: Modern
Created (yyyymm): 201503, Last review: 201503
Appearance: Normal round coin Metallic yellow Letters: Latin
Years: sort: 1979, filter: 1979 to 1979
Image: dominican_republic_250_pesos_1979.jpg
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