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Ronald Reagan Medal of Merit Repub Task Force looks gold What is it?
Franoscopy
Posts: 2
Hello. I got this coin from my Dad's stuff. It weights 1 oz. Looks gold; comes in blue velvet box and says "Medal of Merit...presented to you in appreciation for your support as a member of the Repubilcan Task Force. The Medal has imprint of white house and eagle and only words: "Republican Presidential Task Force" on one side and "Medal of merit signed Ronald Reagan FOUNDER" on the white house side. Does any one here know, please, if this coin is worth anything. It does nothing magnetic when tested on a strong magnet. And it came in Dad's file with several pictures signed and notes hand written thanking Dad for his help. Perhaps there is an internet site where someone would be interested in purchasing this coin and memorabilia?
Hey, Thank you for any feedback.
Fran
UPDATE: I found a website that had the broken die for this coin and he said that it was bronze with gold plating. So, does anyone know/can guess, about how much gold might be on this 2" diameter, 1oz coin? Then, I wonder, why would this coin be selling only for $4.00 to $6.00 on Ebay? Maybe they already took the gold off???
Thanks, Fran
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Comments
piece!
bob
want to know what it's worth? well, how much will you pay me for another one?
it's not gold, just plated, worth a few dollars probably on ebay, worth much more as a momento of your dad.
Liberty: Parent of Science & Industry
I am impressed. It took +- 4 days to finally be able to post and presto - - Knowledge and Wisdom. Baley, my coin is in perfect condition - how is yours? maybe we could trade
Thank you for the feedback.
Usually gold plating is low grade gold like 14K. The layer is so thin that the value is not more than a couple of dollars as others have stated.