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What do you do if you have silver plated gold coins?

BearBear Posts: 18,953 ✭✭✭
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  • KentuckyJKentuckyJ Posts: 1,871 ✭✭✭

    Just keep on smiling image
  • PerryHallPerryHall Posts: 46,232 ✭✭✭✭✭
    Gold plate them.image

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • MoneyLAMoneyLA Posts: 1,825
    You laugh about this, but...

    about 50 years ago, when I was a kid... my mom was given on of the three silver dollars her grandfather earned when he first came to the USA.

    I remember looking at that silver dollar and looking in my Red Book and saying to her, "Mom can I have this for my collection?"

    Nope. The silver dollar was dipped in gold, a loop was soldered onto the coin so it could be attached to a chain... and my mother wore it just about every day because that was the style in the early 1960s.

    About 8 years ago she passed away and my sister found the silver dollar on the chain and asked me if I wanted it. "Yeah, I remember it, and I remember it had some value in the old Red Book but she wouldn't give it to me for my collection," I told my sister.

    A week later it arrived in the mail.

    In addition to the gold dip, the coin had been scratched and nicked from those years of being worn and hitting tables, counters, etc.

    but the details of the Morgan were still very good. I could see the breast feathers clearly, the ear, the berries... gosh it looked remarkable for a coin that had a gold bath and still had plenty of gold on it.

    I looked at the date. 1884-S. nuff said.
  • moneyLA: That coin will always be worth more than red book!!!!
  • MoneyLAMoneyLA Posts: 1,825
    Yes, I have an heirloom... one of the first three silver dollars (this one was bright and shiny and may have been darn close to UNC) that my great grandfather earned when he first came to the USA landing at Ellis Island... and the silver dollar that was part of the Nehru jacket craze of the early 1960s... and the silver dollar that could have gone into my collection instead of being dipped and soldered onto a gold chain might have bought a house today for me to pass down to my great grand children. LOL


  • << <i>moneyLA: That coin will always be worth more than red book!!!! >>




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    I'm merely the keeper of fine metals.
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