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Everyone has heard of "Junk Silver", has anyone heard of "Junk Gold"............

SanctionIISanctionII Posts: 12,636 ✭✭✭✭✭
at anytime during the history of the USA? When I hear "Junk Silver", I think of sommon silver coins that have no numismatic value, only value based upon precious metal content. Does the same thing apply to U.S. gold coins minted prior to 1934 or do all of these older U.S. gold coins have numismatic value above the bullion value?

Comments

  • nwcsnwcs Posts: 13,386 ✭✭✭
    Yep, I think junk gold is the common low grade gold coinage
  • LanLordLanLord Posts: 11,725 ✭✭✭✭✭
    Fillings, or crowns (any gold dental work for that matter) could be considered junk gold.
    Old jewlery can also be considered junk gold.

    I'm sure there are more examples.
  • I hadn't considered that before. It does seem that no matter the form of the gold, or
    silver for that matter, "junk gold" is a bit of an oxymoron!

    If anyone has any gold they truly consider junk, please PM me for an address for quick,
    easy and free disposal. image

    Ken



  • flaminioflaminio Posts: 5,664 ✭✭✭
    I've heard the term "junk gold" used before to apply to common date circulated pre-1934 gold coins. Basically, like junk silver, it's worth just about bullion value.


  • << <i>
    If anyone has any gold they truly consider junk, please PM me for an address for quick,
    easy and free disposal. image

    Ken >>




    I was going to say that too! image
    What Mr. Spock would say about numismatics...
    image... "Fascinating, but not logical"

    "Live long and prosper"

    My "How I Started" columns
  • PerryHallPerryHall Posts: 46,906 ✭✭✭✭✭
    The proper terminology is "scrap gold" and not junk gold.

    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

  • bonkroodbonkrood Posts: 796 ✭✭✭
    My wife screwed up a 3/4 inch herringbone gold necklace by putting it in her purse, it's junk gold. image Yea thats her in the picture.
    image Steam Power

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