What a Shame, 18 Five Dollar Gold pieces Necklace

Smittys · July 3, 2008 5:19AM

And the funny thing is the outer shells and chain are not gold .
Can regular solder be removed from Gold Coins?
edited to add
the mother had 7 of these made for the 7 daughters in the 1930's

blu62vette · July 3, 2008 5:22AM

That sucks.

jmcu12 · July 3, 2008 5:22AM

Yes and no...does that help.

Anyway, I have a $3 gold with heavy solder on it. I was able to remove about half of it, but it got to a point where I was starting to remove gold along with solder so I stopped.

direwolf1972 · July 3, 2008 5:25AM

Wow that does suck to see that many coins ruined.

What a lot of bling. Wonder who had this made. Not exactly a cheap piece of jewelry.

messydesk · July 3, 2008 5:27AM

I wonder how many of the Indians are fake. What would really be a shame is if there were a little letter "O" on the back of the 1909s.

notwilight · July 3, 2008 5:27AM

<< Not exactly a cheap piece of jewelry. >>

At the time it was made it had $90 worth of gold in it. --Jerry

ziggy29 · July 3, 2008 5:31AM

<< At the time it was made it had $90 worth of gold in it. --Jerry >>

Compared to melt today, that's certainly one way for "hard money" advocates to look at inflation and devaluation of the dollar...

tightbudget · July 3, 2008 5:43AM

Sure would like to find one of those while metal detecting!

gecko109 · July 3, 2008 5:49AM

<< 

<< Not exactly a cheap piece of jewelry. >>

At the time it was made it had $90 worth of gold in it. --Jerry >>

Do you know for a fact it was made when gold was $20.67/oz, or is that a guess of yours?

direwolf1972 · July 3, 2008 5:51AM

<< 

<< Not exactly a cheap piece of jewelry. >>

At the time it was made it had $90 worth of gold in it. --Jerry >>

My point exactly. Even if it was made when the coins were "modern crap". In 1925 a Ford Model T would cost you in the mid 200 bucks range.

direwolf1972 · July 3, 2008 5:52AM

<< 

<< 

<< Not exactly a cheap piece of jewelry. >>

At the time it was made it had $90 worth of gold in it. --Jerry >>

Do you know for a fact it was made when gold was $20.67/oz, or is that a guess of yours? >>

I think he was just basing it on face value of the coins with the assumption that it was made when a $5 gold piece would cost you face.

notwilight · July 3, 2008 5:57AM

<< 

<< 

<< Not exactly a cheap piece of jewelry. >>

At the time it was made it had $90 worth of gold in it. --Jerry >>

Do you know for a fact it was made when gold was $20.67/oz, or is that a guess of yours? >>

There is a 99% probablility that it was made when a $5 gold piece was a circulating $5 coin. It had nothing to do with the price of bullion. You have quite an angry tone. You sound like you're calling me out in court for claiming your mother has an uncertain heritage. --Jerry

gecko109 · July 3, 2008 5:58AM

<< 

<< 

<< 

<< Not exactly a cheap piece of jewelry. >>

At the time it was made it had $90 worth of gold in it. --Jerry >>

Do you know for a fact it was made when gold was $20.67/oz, or is that a guess of yours? >>

I think he was just basing it on face value of the coins with the assumption that it was made when a $5 gold piece would cost you face. >>

From the looks of the chain, and the "bezels" the coins are set in, this piece seems to be more modern than that. My guess would be late 50's/early 60's. Smitty, can you confirm/deny this?

Edited: I see Smitty has dated the piece circa 1930's

notwilight · July 3, 2008 5:58AM

<< 

<< 

<< Not exactly a cheap piece of jewelry. >>

At the time it was made it had $90 worth of gold in it. --Jerry >>

My point exactly. Even if it was made when the coins were "modern crap". In 1925 a Ford Model T would cost you in the mid 200 bucks range. >>

But soldering them inplace didn't destroy any of their face value so one way to look at it was some hard currency in the safe. --Jerry

gecko109 · July 3, 2008 6:02AM

<< 

<< 

<< 

<< Not exactly a cheap piece of jewelry. >>

At the time it was made it had $90 worth of gold in it. --Jerry >>

Do you know for a fact it was made when gold was $20.67/oz, or is that a guess of yours? >>

There is a 99% probablility that it was made when a $5 gold piece was a circulating $5 coin. It had nothing to do with the price of bullion. You have quite an angry tone. You sound like you're calling me out in court for claiming your mother has an uncertain heritage. --Jerry >>

Actually Jerry it has EVERYTHING to do with the price of bullion. These coins stopped circulating when gold went to $35/oz from $20.67/oz.

direwolf1972 · July 3, 2008 6:05AM

Bows out of the discussion.

I was just making some curious comments but there seems to be a too serious a tone to all this.

57loaded · July 3, 2008 6:07AM

<< 

<< Not exactly a cheap piece of jewelry. >>

At the time it was made it had $90 worth of gold in it. --Jerry >>

which was quite a bit of change...back then

BECOKA · July 3, 2008 6:07AM

That's actually pretty cool. Do you currently have this?

There are doctors you can send them to for solder removal. To the naked eye you would not be able to tell once finished. Not sure they are worth the cost though.

ARCO · July 3, 2008 6:15AM

Many of the Liberty and Indian $5.00 dates are common and only fetch a small premium over spot. Any premium is for unc. pieces of which none of these will be. Unless you have a better date, removing the solder is probably not going to increase the value of these coins much at all.

Some thoughts.
Tyler

Smittys · July 3, 2008 6:16AM

<< That's actually pretty cool. Do you currently have this?

There are doctors you can send them to for solder removal. To the naked eye you would not be able to tell once finished. Not sure they are worth the cost though. >>

Yes I bought it today and don't know what to do with it, to sell as is
or try to rescue the coins, all coins appeared to be au or better when made

What a Shame, 18 Five Dollar Gold pieces Necklace

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