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That's gold, Jerry! 

A quote by the character Kenny Bania from the television series, Seinfield.

It is used to describe a statement full of perceived value or greatness.

It is best used when referring to something that is funny.

Similar to the phrase: "That's classic."
Jerry: "Why do they call it Ovaltine? The mug is round. The jar is round. They should call it Roundtine."

Kenny: "That's gold, Jerry! Gold."
That's gold, Jerry! by jahroy June 14, 2013
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That's gold Jerry! 

Taken from an episode of "Seinfeld", this is used to praise something very funny or entertaining.
"Did you read the story about the guy with no arms and legs who wants to enter the PGA tour? That's gold Jerry! Gold!"
That's gold Jerry! by DSBJ March 4, 2003