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 Replies: 10 / Views: 14,997 |
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Pillar of the Community
Canada
1931 Posts |
I was wondering if I could get a little info on this coin. In case it isn't readable when I load the pics this is what the packaging around the coin says: Front: republic of liberia 1974 5 dollar proof coin has an image in the corner of a ship with a banner that says: "the love of liberty brought us here" Back: Minted at the u.s. mint I'd like to know what this coin is made of please. and also you may notice some type of toning/damage (pvc?) should I remove this from the package and put it in a flip or would that ruin the collectors value? (at least as a proof coin?   Edited by malissadawn
07/11/2008 01:30 am
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Pillar of the Community
 Canada
1931 Posts |
also, I just tried a very strong magnet on this one and it didnt work. would that make this silver? then again I just tried the magnet on the side of my magnifying glass and it didnt work on that either. weird
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Valued Member
United States
58 Posts |
.900 silver.
A proof coin is a proof coin. It's how it's made not how its packaged. Me personally, I would leave it as is.
KS
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Moderator
 United States
6563 Posts |
Quote:
Yes, gold and silver won't stick to a magnet. But then, neither will most metals. Iron, cobalt and nickel are the only metals normally attracted to a magnet, and even many alloys containing these elements aren't magnetic. Cupronickel, the alloy used to make US "nickels", is 25% nickel; it looks "silvery" and doesn't fly to a magnet.
-Sap Republic of Liberia KM#29 5 Dollars 34.1g, 0.9 Silver, 0.9868oz ASW 1974 Proof Mintage: 20,000 $12.50 The coin doesn't look silver but that might be from the light. There could have been a copper-nickel version also minted that isn't in the normal Krause book because Liberian coins have been minted all over and not all of them are "official" coins minted as Liberian currency. If it were mine I'd take it out of the packaging. It really doesn't add any type of value because it's cardboard and I think it's from the Franklin Mint...not sure Weigh the coin and it should be 34.1 grams and that will give you the final answer of metal content |
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Moderator
United States
6563 Posts |
35.8 w/cardboard sounds about right actually
or did you take it out already
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Pillar of the Community
Canada
1931 Posts |
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Pillar of the Community
Canada
1931 Posts |
Im not sure I understand the numbers of metal content you gave me. It is part silver? like silver clad or its all silver. sorry. what is asw?
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Pillar of the Community
Canada
1931 Posts |
it cant be the scale because I just weighed a Morgan dollar and that came up perfect. |
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Valued Member
United States
58 Posts |
Found this on coins.about.com Definition: The ASW (sometimes written as a.s.w. or asw) is the Actual Silver Weight of a coin. The ASW is expressed as a decimal value of one full ounce of silver, so .18084 asw means that the coin has 0.18084 of an ounce of pure silver in it. Here are two examples using a pre-1965 90% silver U.S. Quarter Dollar, with an asw of .18084, a total weight of 6.25 grams, and a fineness of .900: To determine the coin's actual silver value, multiply the asw by the spot price (for example, if the spot price is $18.35 an ounce, take .18084 x 18.35 = 3.318414, or about $3.32 worth of silver.) To calculate the actual asw of a coin, take the weight in grams and divide it by the total number of grams in an ounce (31.1034768), and then multiply by the fineness. For example, 6.25 / 31.1034768 * .900 = .18084 asw (truncate, or cut off, at the 5th decimal place, if necessary.) Examples: A U.S. Morgan dollar has .77344 asw, or a little more than 3/4 of an ounce of pure silver in it. |
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Moderator
United States
6563 Posts |
34.1g - Full weight of the coin
0.9 Silver - the fineness of silver content
0.9868oz ASW - The Actual Silver Weight
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Pillar of the Community
Canada
1931 Posts |
now I know something new. Math is not my favorite or best subject but that was easy to understand. I'm guessing I did alright then cause I only paid 3.50 for it. I love flea markets!
thanks for your help
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Replies: 10 / Views: 14,997 |
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Posted 07/11/2008 01:42 am
