In the year 2000, the National Bank of Romania wanted to celebrate the 150 anniversary of the birth of the great Romanian poet Mihai Eminescu (born Mihail Eminovici). The bank issued gold coin and silver coins in his honor:
2000 LEI SILVER: 0.681 troy ounce silver
2000 LEI GOLD: 1.000 troy ounce gold
To compute value, first find the base value (BV) or value of the precious metal content. For silver at, say, $15 US dollars per troy ounce and gold at, say, $1500 US dollars per troy ounce, BV silver = 0.681 x 15 = $10 and BV gold = 1.000 x 1500 = $1500. Be sure to check the price of silver and gold. They change every day.
Approximate values for these coins are:
SILVER:
circulated: BV
fully uncirculated: BV + $20
GOLD:
circulated: BV + $50
fully uncirculated: BV + $350
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