I GOT AN EXTREMELY RARE GOLD COIN NOT SUPPOSED TO BE GOLD? WHY?
beatsbyave
Posts: 34
well i collect silver coins, and while searching through Walking Liberty Half Dollars, and i came across one struck in gold, with a little silver poured on the back of it
the coin is a 1943 Walking Liberty Half Dollar, minted in Philadelphia, all details on the coin all 100% perfect, the coin shines right, has the images on front and back entirely perfect, not a mark or scratch on it
the coin is entirely struck in gold, the back side of it has silver poured over the gold covering the backside completely. the side of the coin shows that is 100% gold. it is possibly minted in 24k, 28k, or .999 pure
at first i did some research on the coin, i had many questions, why is the coin entirely gold with a little silver poured on the back of it? why is it NOT made of silver?
after i got several opinions on it from jewelry and PCGS certified dealers in my area, and we always come to the same conclusion... its NOT fake, its NOT electro-plated, its NOT gold plating, its NOT toning, its NOT a bullion coin, its NOT a fake piece sold on TV commercials, and its NOT one of those fashion pieces
if you gave me a checklist... this coin passes with flying colors for real (except the silver poured on the back of course!).
my only question i have for u guys is... HOW could a coin like a 1943 Walking Liberty be minted in gold instead of silver and get out like that?
i live near the Philadelphia mint and i come across tons and tons of varieties everyday, but this one piece in particular is my prized piece, i can not provide photos yet since i dont have a camera right now
but what are ur opinions guys... why is gold and not silver? ive seen hundreds of those fake plated, toned, and jewelry coins, but this is nothing like ANYTHING ive ever seen online or in photos
also... im not the only one to have this coin... i know one other dealer across the country that has one, but he says its so prized to him that he will not sell me the only known 2nd one of these coins
thanks for ur opinions, im really stumped on this coins and ive never seen anything like this (my father been collecting and selling coins for 35 years too)
the coin is a 1943 Walking Liberty Half Dollar, minted in Philadelphia, all details on the coin all 100% perfect, the coin shines right, has the images on front and back entirely perfect, not a mark or scratch on it
the coin is entirely struck in gold, the back side of it has silver poured over the gold covering the backside completely. the side of the coin shows that is 100% gold. it is possibly minted in 24k, 28k, or .999 pure
at first i did some research on the coin, i had many questions, why is the coin entirely gold with a little silver poured on the back of it? why is it NOT made of silver?
after i got several opinions on it from jewelry and PCGS certified dealers in my area, and we always come to the same conclusion... its NOT fake, its NOT electro-plated, its NOT gold plating, its NOT toning, its NOT a bullion coin, its NOT a fake piece sold on TV commercials, and its NOT one of those fashion pieces
if you gave me a checklist... this coin passes with flying colors for real (except the silver poured on the back of course!).
my only question i have for u guys is... HOW could a coin like a 1943 Walking Liberty be minted in gold instead of silver and get out like that?
i live near the Philadelphia mint and i come across tons and tons of varieties everyday, but this one piece in particular is my prized piece, i can not provide photos yet since i dont have a camera right now
but what are ur opinions guys... why is gold and not silver? ive seen hundreds of those fake plated, toned, and jewelry coins, but this is nothing like ANYTHING ive ever seen online or in photos
also... im not the only one to have this coin... i know one other dealer across the country that has one, but he says its so prized to him that he will not sell me the only known 2nd one of these coins
thanks for ur opinions, im really stumped on this coins and ive never seen anything like this (my father been collecting and selling coins for 35 years too)
-------------------------------------
im new to collecting still, but now im sitting on certain pieces that i only dreamed of before. quality over quanity for sure!
im new to collecting still, but now im sitting on certain pieces that i only dreamed of before. quality over quanity for sure!
0
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I knew it would happen.
All kidding aside, we'd need pictures of corse and from there you can either believe the consensus of knowledgeable people and have it submitted to PCGS or not. Seeing as how I think cold was prohibited to own then, not sure, I'm going with it being fake.
You do realize that unlike diamonds, gold karat is a measure of purity. 24K stands for 100% gold. That would make 28K fineness mean 116.66% gold.
Reminds me of an old Mel Brooks film where a film producer promises each investor 50%-100% of the profits, and ends up promising a total of 3400% of the profits, or something like that.
--Severian the Lame
<< <i>well i collect silver coins, and while searching through Walking Liberty Half Dollars, and i came across one struck in gold, with a little silver poured on the back of it
the coin is a 1943 Walking Liberty Half Dollar, minted in Philadelphia, all details on the coin all 100% perfect, the coin shines right, has the images on front and back entirely perfect, not a mark or scratch on it
the coin is entirely struck in gold, the back side of it has silver poured over the gold covering the backside completely. the side of the coin shows that is 100% gold. it is possibly minted in 24k, 28k, or .999 pure
at first i did some research on the coin, i had many questions, why is the coin entirely gold with a little silver poured on the back of it? why is it NOT made of silver?
after i got several opinions on it from jewelry and PCGS certified dealers in my area, and we always come to the same conclusion... its NOT fake, its NOT electro-plated, its NOT gold plating, its NOT toning, its NOT a bullion coin, its NOT a fake piece sold on TV commercials, and its NOT one of those fashion pieces
if you gave me a checklist... this coin passes with flying colors for real (except the silver poured on the back of course!).
my only question i have for u guys is... HOW could a coin like a 1943 Walking Liberty be minted in gold instead of silver and get out like that?
i live near the Philadelphia mint and i come across tons and tons of varieties everyday, but this one piece in particular is my prized piece, i can not provide photos yet since i dont have a camera right now
but what are ur opinions guys... why is gold and not silver? ive seen hundreds of those fake plated, toned, and jewelry coins, but this is nothing like ANYTHING ive ever seen online or in photos
also... im not the only one to have this coin... i know one other dealer across the country that has one, but he says its so prized to him that he will not sell me the only known 2nd one of these coins
thanks for ur opinions, im really stumped on this coins and ive never seen anything like this (my father been collecting and selling coins for 35 years too) >>
The name is LEE!
<< <i>i live near the Philadelphia mint and i come across tons and tons of varieties everyday, >>
Say what? Really now?
Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
<< <i>Can't believe I had to wait until December 29th for the BEST THREAD OF THE YEAR!
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
It's like most 90% silver coins are actually a bronze at the core.They are known as precious metal alloys.
Your coin could be some sort of test strike on a precious metal alloy.
``https://ebay.us/m/KxolR5
<< <i>Troll. Alert!!! >>
+1
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.american-legacy-coins.com
<< <i>http://chemistry.about.com/od/jewelrychemistry/a/White-Gold.htm
It's like most 90% silver coins are actually a bronze at the core.They are known as precious metal alloys. >>
That's not even close to what that article says. Bronze is a non-specific term for an alloy of primarily copper with other metals. Brass is an alloy of Copper and Zinc, so technically brass is a bronze, but bronze does not have to be brass!
An item with a core of one metal (alloy) and a surface of another is not a single alloy. Certainly, you can pretend it to be an alloy if you don't clearly specify things: While the US coin clad sandwich is two layers of 75-25 Cupro-Nickel surrounding a solid copper core (middle layer), the US Mint reports the NET by weight in their specifications of 8.33% Ni and the Balance Cu (see the US Mint site at http://www.usmint.gov/about_the_mint/?action=coin_specifications).
More generally, an alloy is a near-uniform mixture of two or more types of atoms, at least one of which is a metal.
In the case of silver coins (coin silver), 0.900 fine or 90% (by weight) are silver atoms and the rest (while it could be anything else) is TYPICALLY copper, although it can have small amounts or traces of other metals - lead, bismuth, iron, zinc, platinum, palladium are common.
ANA 50 year/Life Member (now "Emeritus")
According to journal entries, in 1937, Ignatz, one of my long lost Great Uncles held the position of 'Coiner' at the Philadelphia Mint. His wife's brother joined the Army in 1941 and went off to war in Europe. During that time in Europe, they liberated many small towns in France and plundered valuables sending them back to family members here in the states.
In just a few short months, Ignatz accumulated a great wealth of gold, silver and jewelry. Since Ignatz was a US Mint employee, he was well aware of the Gold Reserve Act of 1934 so in order to hide the gold he devised a scheme to mint the plunder of gold into common ordinary change of the day. The Walking Liberty half dollar was the exact size and dimension needed to create the clever disguise.
Out in the garage, Ignatz smelted the plundered gold into long round bars, taking great care to match the diameter of a half dollar. After cooling, Ignatz cut plans out of the round ingot, creating the perfect size planchet. The next problem was to figure out how to coat the gold with silver in order to conceal the true base metals purity of 28K gold.
Ignatz knew that the smelting temperature was much higher than gold and would need to improvise in order to succeed.
Borrowing cousins Sally's pottery kiln, Ignatz achieved melting the silver needed to jacket the gold. He laid out a gold plan and poured enough silver to cover one side. After it cooled, he examined the crude planchet and wondered if struck would the silver meld into the gold or would it just peel off? Only one way to find out, spirit the two slugs into the mint and find out.
Now, he writes that security did not check you very well entering the Mint facilities, but do a very thorough job when leaving, so it was easy getting in, getting it out was the hard part.
Ignatz slipped the two nefarious gold slugs into the production run and caught a few freshly struck coins being spit out of the press. As this was done all the time, it created no suspicion what so ever. Ignatz palmed the now struck 'golliver' as he now called it and went about his normal duties.
As with most plans, they never seem to go as planned, so Ignatz had to re-think how to get his golliver out of the Mint? He came upon this idea from his childhood memories when his Father would hide money in his shoe only to surprise him when he went to put on his shoes...but no that won't work because they have you take your shoes off when leaving the coining rooms, but if it was stuck into your sock. maybe.
Ignatz bent over and tied his shoe and adjusted his pant leg all the while getting the golliver into his sock without creating attention. He did the same with the other shoe and repeated the process of hiding the other golliver. Success and he was aslo successful getting them out of the Mint without being detected. After a days work in the hot stuffy coining room, no security guard wanted you to take your socks off, much less your stinky shoes, so it was easy passing through security.
Getting the golliver back home, he examined it closely and indeed, the silver adhered to the obverse even after being struck into what appears at first to be a normal Walking Liberty half dollar.
Unfortunately, the family was notified that Ignatz's brother-in-law was KIA in France, so now the vast fortune lay completely in the hands of Ignatz and his wife Gertrude. Attempting to recreate the first silver pour onto the gold plans, the borrowed pottery kiln exploded and Ignatz was critically injured and died on the way to the hospital.
Unaware of his exploits at the Mint, Gertrude sold all their belongings (accept the plunder of course) and moved to Palm Springs, California. In the pants pocket of Ignatz's 42 reg, a re-sale shop found the strange looking coins and threw them into their jewelry junk box where they languished for years.
I'm so glad you found this one, as the family has been searching for this coin for the last 50-60 years or so and have the proper documentation to retrieve this extremely rare 28K "Golliver"
Our representing firm will be in contact to restore this treasure to it's rightful owner.
"Keep your malarkey filter in good operating order" -Walter Breen
<< <i>my only question i have for u guys is... HOW could a coin like a 1943 Walking Liberty be minted in gold instead of silver and get out like that? >>
Simple ... it couldn't.
Welcome to the Board.
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
And have dump truck loads of varieties I've found in the Philly Mint area.
How pure is the silver?
bob
<< <i>PCGS certified dealers in my area >>
Didn't know they were certifying dealers now. That will probably have to be a large holder.
Cheers,
Bob
<< <i>28K gold?
You do realize that unlike diamonds, gold karat is a measure of purity. 24K stands for 100% gold. That would make 28K fineness mean 116.66% gold.
Reminds me of an old Mel Brooks film where a film producer promises each investor 50%-100% of the profits, and ends up promising a total of 3400% of the profits, or something like that. >>
No, s/he probably does not realize this like so many other "self taught" experts with a keyboard and internet access.
The name is LEE!
That's just not true, what you say. It was Pet Friday at the Mint, and Ignatz actually had brought his Boston Terrier to work that day. He had the dog eat the two gollivers in order to evade detection, who pooped them out later. He put them in a pie tin in the attic to tone them up even more than his dog had managed to do, good before he tried to sell them on Ebay. He then died, not from a kiln explosion as you claim, but in a landslide of the tons and tons of varieties he had found that day, that he also had up there toning.
The rest of your story may have some merit. But I happen to be the dealer across the country who has the other one.
I'll put it up here on the BST Board in a minute. But it'll cost ya. (Rats. My camera just broke).
Here's a warning parable for coin collectors...
<< <i>28 karat gold? >>
hehe isn't that like 15 "9's"
Steve
<< <i>Uggh. That 28k gold must be the new really pure stuff
That's what I was thinking. 24k is 100% pure and is the same thing as .999.
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All of my collection is in a safe deposit box!
Sounds like a gold plated coin with a bit of silver solder on the back. Weighing the coin would clear up the issue of it being gold or silver. Beyond that, without photos, it's not even worth a guess.
I'll go out on a limb though and say it's probably worth $6.
<< <i>What motivates this kind of nonsense? >>
The ability to think you know more than you actually do?
The name is LEE!
<< <i>"Why Coin Dealers Drink, Episode XXXVII" >>
The Pennache
The name is LEE!
Hoard the keys.
I found a gold daniel boone hald dollar once roll searching that looked like what the OP describes. It was a fake of some sort it weighed around 11 grams as I recall.
i never said i was a coin genius... i simply stated as much info i have on the coin (cant take a picture right now, as said before, no camera)
i asked for people opinions, its not like im makin stuff up, who would be that messed up to seek info on something that dont exist?
seriously people.... if ya cant help... then dont write anything
and for those who are actually trying to help, thanks!
im new to collecting still, but now im sitting on certain pieces that i only dreamed of before. quality over quanity for sure!
i got experts baffled, me baffled, and everybody i know. its a huge WTF? piece, which is why im here for help now...
im new to collecting still, but now im sitting on certain pieces that i only dreamed of before. quality over quanity for sure!
Note: Archived family photo
"Keep your malarkey filter in good operating order" -Walter Breen
im new to collecting still, but now im sitting on certain pieces that i only dreamed of before. quality over quanity for sure!
theres 100's of wrong metal coins, tests, and varieties never released by the mint.
most of the reason being that the government knows us coin collectors can give them incredible value
im new to collecting still, but now im sitting on certain pieces that i only dreamed of before. quality over quanity for sure!