Founding a city on any luxury/strategic resource will add it to your resources the instant you have the tech that would unlock the improvement for it. So yes. All you're losing is the extra food/production/gold that would have come with the improvement
good or bad, depends on the situation. most often it's better to fit the resource on a workable tile but it's not always the case
founding a city on gold you get the gold luxury +4 happy faces, and the increased base trade of the tile. +2 trade if you build a mint, and if you choose the idols belief you will get those religious bonuses as well.
basically you get everything except the +1 shield and +1 trade from the mine
As the above poster said it does count for Mints. Also if you plant yourself on horses you can build a stable and a circus. Cities connect any luxury/strategic resource to your network (once you research the technology that allows its use - easy way to connect something like Sugar in a Marsh without having research Masonry, just Calendar) which also allows construction of buildings which require improved resources in your borders.
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